Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 20 September 2022 false 1 October 2023 30 September 2024 30 September 2024 SC744879 Mr Barry Cochrane true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC744879 2023-09-30 SC744879 2024-09-30 SC744879 2023-10-01 2024-09-30 SC744879 frs-core:CurrentFinancialInstruments 2024-09-30 SC744879 frs-core:Non-currentFinancialInstruments 2024-09-30 SC744879 frs-core:BetweenOneFiveYears 2024-09-30 SC744879 frs-core:ComputerEquipment 2024-09-30 SC744879 frs-core:ComputerEquipment 2023-10-01 2024-09-30 SC744879 frs-core:ComputerEquipment 2023-09-30 SC744879 frs-core:MotorVehicles 2024-09-30 SC744879 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC744879 frs-core:MotorVehicles 2023-09-30 SC744879 frs-core:PlantMachinery 2024-09-30 SC744879 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC744879 frs-core:PlantMachinery 2023-09-30 SC744879 frs-core:WithinOneYear 2024-09-30 SC744879 frs-core:ShareCapital 2024-09-30 SC744879 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC744879 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC744879 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC744879 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC744879 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC744879 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC744879 1 2023-10-01 2024-09-30 SC744879 frs-core:DeferredTaxation 2023-10-01 2024-09-30 SC744879 frs-core:DeferredTaxation 2023-09-30 SC744879 frs-core:DeferredTaxation 2024-09-30 SC744879 frs-bus:Director1 2023-10-01 2024-09-30 SC744879 frs-countries:Scotland 2023-10-01 2024-09-30 SC744879 2022-09-19 SC744879 2023-09-30 SC744879 2022-09-20 2023-09-30 SC744879 frs-core:CurrentFinancialInstruments 2023-09-30 SC744879 frs-core:Non-currentFinancialInstruments 2023-09-30 SC744879 frs-core:BetweenOneFiveYears 2023-09-30 SC744879 frs-core:MotorVehicles 2022-09-20 2023-09-30 SC744879 frs-core:WithinOneYear 2023-09-30 SC744879 frs-core:ShareCapital 2023-09-30 SC744879 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC744879
Cochrane Demolition Contractors Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Calculus Accountants (Scotland) Ltd
10 Avonhead Road
Condorrat
Glasgow
G67 4RA
Cochrane Demolition Contractors Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Cochrane Demolition Contractors Ltd
Balance Sheet
As At 30 September 2024
Balance Sheet
Registered number: SC744879

| 30 September 2024 | 30 September 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 140,939 |  | 29,732
|  |  | 140,939 |  | 29,732
CURRENT ASSETS
Stocks | 5 | 17,285 |  | 4,640 |
Debtors | 6 | 241,595 |  | 106,259 |
Cash at bank and in hand |  | 27,871 |  | 65,497 |
|  | 286,751 |  | 176,396 |
Creditors: Amounts Falling Due Within One Year | 7 | (151,634 ) |  | (103,972 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 135,117 |  | 72,424
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 276,056 |  | 102,156
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (71,747 ) |  | (16,726 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 10 |  | (35,235 ) |  | (7,433 )
NET ASSETS |  |  | 169,074 |  | 77,997
CAPITAL AND RESERVES
Called up share capital | 12 |  | 100 |  | 100
Profit and Loss Account |  |  | 168,974 |  | 77,897
SHAREHOLDERS' FUNDS |  |  | 169,074 |  | 77,997

Page 1
Page 2
Cochrane Demolition Contractors Ltd
Balance Sheet (continued)
As At 30 September 2024
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Barry Cochrane Director
20/06/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Cochrane Demolition Contractors Ltd
Notes to the Financial Statements
For The Year Ended 30 September 2024
Notes to the Financial Statements
1. General Information
Cochrane Demolition Contractors Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC744879 . The registered office is 10 Avonhead Road, Condorrat, Cumbernauld, Glasgow, G67 4RA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 25% - reducing balance basis
Motor Vehicles | 25% - reducing balance basis
Computer Equipment | 20% - reducing balance basis

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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Cochrane Demolition Contractors Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 October 2023 | 2,745 | 32,490 | 471 | 35,706
Additions | 59,332 | 70,868 | 2,539 | 132,739
As at 30 September 2024 | 62,077 | 103,358 | 3,010 | 168,445
Depreciation
As at 1 October 2023 | 375 | 5,561 | 38 | 5,974
Provided during the period | 5,390 | 15,668 | 474 | 21,532
As at 30 September 2024 | 5,765 | 21,229 | 512 | 27,506
Net Book Value
As at 30 September 2024 | 56,312 | 82,129 | 2,498 | 140,939
As at 1 October 2023 | 2,370 | 26,929 | 433 | 29,732

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 30 September 2024 |  | 30 September 2023
--- | --- | --- | ---
| £ |  | £
Motor Vehicles | 82,128 |  | 26,929

5. Stocks

| 30 September 2024 |  | 30 September 2023
--- | --- | --- | ---
| £ |  | £
Work in progress | 17,285 |  | 4,640

6. Debtors

| 30 September 2024 |  | 30 September 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 27,053 |  | 2,502
Other debtors | 214,542 |  | 103,757
| 241,595 |  | 106,259

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Cochrane Demolition Contractors Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
7. Creditors: Amounts Falling Due Within One Year

| 30 September 2024 |  | 30 September 2023
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 17,599 |  | 7,550
Trade creditors | 5,280 |  | 1
Other creditors | 103,291 |  | 77,496
Taxation and social security | 25,464 |  | 18,925
| 151,634 |  | 103,972

Included within other creditors is a directors loan account ( £97,383 - 2023 £73,574), which is unsecured, interest free and has no fixed terms of repayment.
8. Creditors: Amounts Falling Due After More Than One Year

| 30 September 2024 |  | 30 September 2023
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 71,747 |  | 16,726

9. Obligations Under Finance Leases and Hire Purchase

| 30 September 2024 |  | 30 September 2023
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 17,599 |  | 7,550
Later than one year and not later than five years | 71,747 |  | 16,726
| 89,346 |  | 24,276
| 89,346 |  | 24,276

10. Deferred Taxation
The provision for deferred tax is made up as follows:

| 30 September 2024 |  | 30 September 2023
--- | --- | --- | ---
| £ |  | £
Other timing differences | 35,235 |  | 7,433

11. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 October 2023 | 7,433 | 7,433
Additions | 27,802 | 27,802
Balance at 30 September 2024 | 35,235 | 35,235

12. Share Capital

| 30 September 2024 |  | 30 September 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 5
Page 6
Cochrane Demolition Contractors Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2024
13. Ultimate Controlling Party
The company's ultimate controlling party is the director Barry Cochrane by virtue of his ownership of 75% of the issued share capital in the company.
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