Acorah Software Products - Accounts Production 16.4.680 false true false 1 April 2024 31 March 2025 31 March 2025 SC689430 Stephen Rowan Lois Rowan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC689430 2024-03-31 SC689430 2025-03-31 SC689430 2024-04-01 2025-03-31 SC689430 frs-core:CurrentFinancialInstruments 2025-03-31 SC689430 frs-core:ComputerEquipment 2025-03-31 SC689430 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC689430 frs-core:ComputerEquipment 2024-03-31 SC689430 frs-core:FurnitureFittings 2025-03-31 SC689430 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC689430 frs-core:FurnitureFittings 2024-03-31 SC689430 frs-core:MotorVehicles 2025-03-31 SC689430 frs-core:MotorVehicles 2024-04-01 2025-03-31 SC689430 frs-core:MotorVehicles 2024-03-31 SC689430 frs-core:ShareCapital 2025-03-31 SC689430 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC689430 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC689430 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC689430 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC689430 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC689430 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC689430 frs-bus:Director1 2024-04-01 2025-03-31 SC689430 frs-bus:Director2 2024-04-01 2025-03-31 SC689430 frs-countries:Scotland 2024-04-01 2025-03-31
Registered number: SC689430
Ly Heating Solutions Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: SC689430
2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 26,210
26,210
CURRENT ASSETS
Debtors 5 49,052
Cash at bank and in hand 14,244
63,296
Creditors: Amounts Falling Due Within One Year 6 (62,899 )
NET CURRENT ASSETS (LIABILITIES) 397
TOTAL ASSETS LESS CURRENT LIABILITIES 26,607
NET ASSETS 26,607
CAPITAL AND RESERVES
Called up share capital 7 2
Income Statement 26,605
SHAREHOLDERS' FUNDS 26,607
For the year ending 31 March 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 Income Statement.
On behalf of the board
Stephen Rowan
Director
24th July 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Ly Heating Solutions Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC689430 . The registered office is Gallone & Co, 14 Newton Place, Glasgow, G3 7PY.
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.
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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 32,942 1,449 555 34,946
As at 31 March 2025 32,942 1,449 555 34,946
Depreciation
As at 1 April 2024 - - - -
Provided during the period 8,235 362 139 8,736
As at 31 March 2025 8,235 362 139 8,736
Net Book Value
As at 31 March 2025 24,707 1,087 416 26,210
As at 1 April 2024 32,942 1,449 555 34,946
5. Debtors
2025
£
Due within one year
Trade debtors 39,757
Other debtors 9,295
49,052
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2025
£
Trade creditors 53,371
Other creditors 9,528
62,899
7. Share Capital
2025
£
Allotted, Called up and fully paid 2
Page 3