Acorah Software Products - Accounts Production 16.3.350 false true 5 April 2024 6 April 2023 false 6 April 2024 5 April 2025 5 April 2025 SC299835 I Beaton A Beaton R Beaton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC299835 2024-04-05 SC299835 2025-04-05 SC299835 2024-04-06 2025-04-05 SC299835 frs-core:CurrentFinancialInstruments 2025-04-05 SC299835 frs-core:ShareCapital 2025-04-05 SC299835 frs-core:RetainedEarningsAccumulatedLosses 2025-04-05 SC299835 frs-bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 SC299835 frs-bus:FilletedAccounts 2024-04-06 2025-04-05 SC299835 frs-bus:SmallEntities 2024-04-06 2025-04-05 SC299835 frs-bus:AuditExemptWithAccountantsReport 2024-04-06 2025-04-05 SC299835 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 SC299835 frs-bus:Director1 2024-04-06 2025-04-05 SC299835 frs-bus:Director1 2024-04-05 SC299835 frs-bus:Director1 2025-04-05 SC299835 frs-bus:Director2 2024-04-06 2025-04-05 SC299835 frs-bus:CompanySecretary1 2024-04-06 2025-04-05 SC299835 frs-countries:Scotland 2024-04-06 2025-04-05 SC299835 2023-04-05 SC299835 2024-04-05 SC299835 2023-04-06 2024-04-05 SC299835 frs-core:CurrentFinancialInstruments 2024-04-05 SC299835 frs-core:ShareCapital 2024-04-05 SC299835 frs-core:RetainedEarningsAccumulatedLosses 2024-04-05
Registered number: SC299835
Seamaw Limited
Unaudited Financial Statements
For The Year Ended 5 April 2025
Nuvo Scotland Limited
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Seamaw Limited for the year ended 5 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Seamaw Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Seamaw Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Seamaw Limited and state those matters that we have agreed to state to the directors of Seamaw Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seamaw Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Seamaw Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Seamaw Limited . You consider that Seamaw Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Seamaw Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
20 June 2025
Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 1
Page 2
Balance Sheet
Registered number: SC299835
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 99,331 115,789
99,331 115,789
Creditors: Amounts Falling Due Within One Year 4 (20,444 ) (15,698 )
NET CURRENT ASSETS (LIABILITIES) 78,887 100,091
TOTAL ASSETS LESS CURRENT LIABILITIES 78,887 100,091
NET ASSETS 78,887 100,091
CAPITAL AND RESERVES
Called up share capital 10 10
Profit and Loss Account 78,877 100,081
SHAREHOLDERS' FUNDS 78,887 100,091
For the year ending 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
I Beaton
Director
20 June 2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Seamaw Limited is a private company, limited by shares, incorporated in Scotland, registered number SC299835 . The registered office is 43 Downies Village, Portlethen, Aberdeenshire, AB12 4QX.
The presentation currency of the financial statements is the Pound Sterling (£).
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. Financial Instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price
including transaction costs.
Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.
Basic financial liabilities
Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price. 
Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method. 
Financial liabilities are derecognised when the company's contractual obligations are discharged.
Equity instruments 
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 897 754
Directors' loan accounts 19,547 14,944
20,444 15,698
5. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 6 April 2024 Amounts advanced Amounts repaid Amounts written off As at 5 April 2025
£ £ £ £ £
Mr Ian Beaton (14,944 ) 2,941 (7,544 ) - (19,547 )
The above loan is interest free and has no fixed repayment terms.
Page 3