Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 SC365455 Mr A A Whyte Mrs L M Whyte Mrs L M Whyte iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC365455 2023-09-30 SC365455 2024-09-30 SC365455 2023-10-01 2024-09-30 SC365455 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC365455 frs-core:ShareCapital 2024-09-30 SC365455 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC365455 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC365455 frs-bus:AbridgedAccounts 2023-10-01 2024-09-30 SC365455 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC365455 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC365455 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC365455 frs-bus:Director1 2023-10-01 2024-09-30 SC365455 frs-bus:Director2 2023-10-01 2024-09-30 SC365455 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 SC365455 frs-countries:Scotland 2023-10-01 2024-09-30 SC365455 2022-09-30 SC365455 2023-09-30 SC365455 2022-10-01 2023-09-30 SC365455 frs-core:ShareCapital 2023-09-30 SC365455 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC365455
A A Whyte Consultancy Limited
ABRIDGED Financial Statements
For The Year Ended 30 September 2024
Orcadia
Chartered Accountants
1-3 East Road
Kirkwall
Orkney
KW15 1HZ
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC365455
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,591 67,056
65,591 67,056
CURRENT ASSETS
Debtors 4,561 1,336
Cash at bank and in hand 6,766 6,062
11,327 7,398
Creditors: Amounts Falling Due Within One Year (63,236 ) (64,871 )
NET CURRENT ASSETS (LIABILITIES) (51,909 ) (57,473 )
TOTAL ASSETS LESS CURRENT LIABILITIES 13,682 9,583
NET ASSETS 13,682 9,583
CAPITAL AND RESERVES
Called up share capital 5 4 4
Profit and Loss Account 13,678 9,579
SHAREHOLDERS' FUNDS 13,682 9,583
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Page 2
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 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 September 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr A A Whyte
Director
25 June 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
A A Whyte Consultancy Limited is a private company, limited by shares, incorporated in Scotland, registered number SC365455 . The registered office is Honeysgoe, St. Margarets Hope, South Ronaldsay, Orkney, KW17 2TH.
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 15% Reducing balance
2.4. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
...CONTINUED
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2.4. Financial Instruments - continued
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors re initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 October 2023 70,786
As at 30 September 2024 70,786
Depreciation
As at 1 October 2023 3,730
Provided during the period 1,465
As at 30 September 2024 5,195
Net Book Value
As at 30 September 2024 65,591
As at 1 October 2023 67,056
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
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