Acorah Software Products - Accounts Production 16.4.660 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 SC209096 Mr Rodney Neil Theresa Cruickshank Mr Rodney Neil and Mrs Dawn Neil true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC209096 2023-10-31 SC209096 2024-10-31 SC209096 2023-11-01 2024-10-31 SC209096 frs-core:CurrentFinancialInstruments 2024-10-31 SC209096 frs-core:ComputerEquipment 2024-10-31 SC209096 frs-core:ComputerEquipment 2023-11-01 2024-10-31 SC209096 frs-core:ComputerEquipment 2023-10-31 SC209096 frs-core:FurnitureFittings 2024-10-31 SC209096 frs-core:FurnitureFittings 2023-11-01 2024-10-31 SC209096 frs-core:FurnitureFittings 2023-10-31 SC209096 frs-core:ShareCapital 2024-10-31 SC209096 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC209096 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC209096 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 SC209096 frs-bus:SmallEntities 2023-11-01 2024-10-31 SC209096 frs-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 SC209096 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC209096 1 2023-11-01 2024-10-31 SC209096 frs-bus:Director1 2023-11-01 2024-10-31 SC209096 frs-bus:Director1 2023-10-31 SC209096 frs-bus:Director1 2024-10-31 SC209096 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 SC209096 frs-countries:Scotland 2023-11-01 2024-10-31 SC209096 2022-10-31 SC209096 2023-10-31 SC209096 2022-11-01 2023-10-31 SC209096 frs-core:CurrentFinancialInstruments 2023-10-31 SC209096 frs-core:ShareCapital 2023-10-31 SC209096 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC209096 frs-core:CurrentFinancialInstruments 1 2023-10-31
Registered number: SC209096
Rodney Neil Financial Services (Blairgowrie) Limited
Financial Statements
For The Year Ended 31 October 2024
Gillespie's Fife
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Rodney Neil Financial Services (Blairgowrie) Limited for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rodney Neil Financial Services (Blairgowrie) Limited for the year ended 31 October 2024 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 to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Rodney Neil Financial Services (Blairgowrie) Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Rodney Neil Financial Services (Blairgowrie) Limited and state those matters that we have agreed to state to the director of Rodney Neil Financial Services (Blairgowrie) Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rodney Neil Financial Services (Blairgowrie) Limited and its director, as a body, for our work or for this report.
It is your duty to ensure that Rodney Neil Financial Services (Blairgowrie) 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 Rodney Neil Financial Services (Blairgowrie) Limited . You consider that Rodney Neil Financial Services (Blairgowrie) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Rodney Neil Financial Services (Blairgowrie) 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.
Signed
24th July 2025
Gillespie's Fife
Accountants
Fric Ajax Way
Methil
Leven
KY8 3RS
Page 1
Page 2
Balance Sheet
Registered number: SC209096
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,235
- 1,235
CURRENT ASSETS
Debtors 5 155,118 67,516
Cash at bank and in hand 14,883 21,787
170,001 89,303
Creditors: Amounts Falling Due Within One Year 6 (48,128 ) (25,779 )
NET CURRENT ASSETS (LIABILITIES) 121,873 63,524
TOTAL ASSETS LESS CURRENT LIABILITIES 121,873 64,759
PROVISIONS FOR LIABILITIES
Provisions For Charges (21,000 ) (21,000 )
Deferred Taxation - (235 )
NET ASSETS 100,873 43,524
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 100,773 43,424
SHAREHOLDERS' FUNDS 100,873 43,524
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For the year ending 31 October 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 Rodney Neil
Director
24th July 2025
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Rodney Neil Financial Services (Blairgowrie) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC209096 . The registered office is 33 Leslie Street, Blairgowrie, Perthshire, PH10 6AW.
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:
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. 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 as follows:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 420 4,809 5,229
Disposals (420 ) (4,809 ) (5,229 )
As at 31 October 2024 - - -
Depreciation
As at 1 November 2023 396 3,598 3,994
Disposals (396 ) (3,598 ) (3,994 )
As at 31 October 2024 - - -
Net Book Value
As at 31 October 2024 - - -
As at 1 November 2023 24 1,211 1,235
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 97 6,903
Other debtors 154,121 49,797
Director's loan account 900 10,816
155,118 67,516
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 361 -
Bank loans and overdrafts 12,934 18,911
Corporation tax 33,249 4,637
Other taxes and social security - 168
Pension creditor - 155
Premium Credit - 324
Accruals and deferred income 1,584 1,584
48,128 25,779
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mr Rodney Neil 10,816 48,714 (47,630 ) - 900
The above loan is unsecured, interest free and repayable on demand.
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 30,000 27,800
Final dividend paid 11,000 -
41,000 27,800
Dividends of £1,000 were declared on 4 February 2025.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Rodney Neil and Mrs Dawn Neil by virtue of their ownership of 100% of the issued share capital in the company.
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