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 SC272907 Mr Robert Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC272907 2023-09-30 SC272907 2024-09-30 SC272907 2023-10-01 2024-09-30 SC272907 frs-core:CurrentFinancialInstruments 2024-09-30 SC272907 frs-core:Non-currentFinancialInstruments 2024-09-30 SC272907 frs-core:BetweenOneFiveYears 2024-09-30 SC272907 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 SC272907 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC272907 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 SC272907 frs-core:MotorVehicles 2024-09-30 SC272907 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC272907 frs-core:MotorVehicles 2023-09-30 SC272907 frs-core:PlantMachinery 2024-09-30 SC272907 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC272907 frs-core:PlantMachinery 2023-09-30 SC272907 frs-core:WithinOneYear 2024-09-30 SC272907 frs-core:CapitalRedemptionReserve 2024-09-30 SC272907 frs-core:ShareCapital 2024-09-30 SC272907 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC272907 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC272907 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC272907 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC272907 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC272907 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC272907 frs-bus:Director1 2023-10-01 2024-09-30 SC272907 frs-bus:Director1 2023-09-30 SC272907 frs-bus:Director1 2024-09-30 SC272907 frs-countries:Scotland 2023-10-01 2024-09-30 SC272907 2022-09-30 SC272907 2023-09-30 SC272907 2022-10-01 2023-09-30 SC272907 frs-core:CurrentFinancialInstruments 2023-09-30 SC272907 frs-core:Non-currentFinancialInstruments 2023-09-30 SC272907 frs-core:BetweenOneFiveYears 2023-09-30 SC272907 frs-core:WithinOneYear 2023-09-30 SC272907 frs-core:CapitalRedemptionReserve 2023-09-30 SC272907 frs-core:ShareCapital 2023-09-30 SC272907 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC272907
Robert Wilson Transport Ltd.
Financial Statements
For The Year Ended 30 September 2024
Pacitti Hamilton Ltd
Chartered Certified Accountants
Unit 4 Sir James Clark Building
Abbey Mill Business Centre
Paisley
PA1 1TJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC272907
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 617,589 600,915
617,589 600,915
CURRENT ASSETS
Debtors 5 310,363 295,195
Cash at bank and in hand 249,839 217,830
560,202 513,025
Creditors: Amounts Falling Due Within One Year 6 (179,239 ) (156,383 )
NET CURRENT ASSETS (LIABILITIES) 380,963 356,642
TOTAL ASSETS LESS CURRENT LIABILITIES 998,552 957,557
Creditors: Amounts Falling Due After More Than One Year 7 (51,806 ) (56,373 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (139,360 ) (135,206 )
NET ASSETS 807,386 765,978
CAPITAL AND RESERVES
Called up share capital 9 6,000 6,000
Capital redemption reserve (548,750 ) (548,750 )
Profit and Loss Account 1,350,136 1,308,728
SHAREHOLDERS' FUNDS 807,386 765,978
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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 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 Robert Wilson
Director
23rd May 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Robert Wilson Transport Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC272907 . The registered office is Unit 4 Sir James Clark Building, Abbey Mill Business Centre, Paisley, PA1 1TJ.
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:
Freehold 10% Straight Line
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
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. 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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 7)
6 7
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 October 2023 - 64,670 1,417,273 1,481,943
Additions 19,859 3,034 275,983 298,876
Disposals - (15,955 ) (665,631 ) (681,586 )
As at 30 September 2024 19,859 51,749 1,027,625 1,099,233
Depreciation
As at 1 October 2023 - 54,523 826,505 881,028
Provided during the period 1,986 2,669 142,670 147,325
Disposals - (14,277 ) (532,432 ) (546,709 )
As at 30 September 2024 1,986 42,915 436,743 481,644
Net Book Value
As at 30 September 2024 17,873 8,834 590,882 617,589
As at 1 October 2023 - 10,147 590,768 600,915
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 233,895 221,372
Other debtors 76,468 73,823
310,363 295,195
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 48,333 39,167
Trade creditors 63,783 49,886
Bank loans and overdrafts 10,000 10,000
Other creditors 4,303 6,978
Taxation and social security 52,820 50,352
179,239 156,383
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 44,306 38,889
Bank loans 7,500 17,484
51,806 56,373
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 48,333 39,167
Later than one year and not later than five years 44,306 38,889
92,639 78,056
92,639 78,056
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6,000 6,000
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Robert Wilson 41,667 17,720 - - 59,387
The above loan is unsecured, interest free and repayable on demand.
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