Acorah Software Products - Accounts Production 16.4.660 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 SC253649 Mr Ian Paterson Mrs Lorriane Paterson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC253649 2023-09-30 SC253649 2024-09-30 SC253649 2023-10-01 2024-09-30 SC253649 frs-core:CurrentFinancialInstruments 2024-09-30 SC253649 frs-core:NetGoodwill 2024-09-30 SC253649 frs-core:NetGoodwill 2023-10-01 2024-09-30 SC253649 frs-core:NetGoodwill 2023-09-30 SC253649 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 SC253649 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC253649 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 SC253649 frs-core:MotorVehicles 2024-09-30 SC253649 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC253649 frs-core:MotorVehicles 2023-09-30 SC253649 frs-core:PlantMachinery 2024-09-30 SC253649 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC253649 frs-core:PlantMachinery 2023-09-30 SC253649 frs-core:ShareCapital 2024-09-30 SC253649 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC253649 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC253649 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC253649 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC253649 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC253649 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC253649 frs-bus:Director1 2023-10-01 2024-09-30 SC253649 frs-bus:Director2 2023-10-01 2024-09-30 SC253649 frs-countries:Scotland 2023-10-01 2024-09-30 SC253649 2022-09-30 SC253649 2023-09-30 SC253649 2022-10-01 2023-09-30 SC253649 frs-core:CurrentFinancialInstruments 2023-09-30 SC253649 frs-core:ShareCapital 2023-09-30 SC253649 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC253649
Independent Plant Services Ltd.
Unaudited Financial Statements
For The Year Ended 30 September 2024
Gallone & Co
1a Torphichen Street
Haymarket
Edinburgh
EH3 8HX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC253649
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 8,319
Tangible Assets 5 148,199 148,467
148,199 156,786
CURRENT ASSETS
Cash at bank and in hand 439 87
439 87
Creditors: Amounts Falling Due Within One Year 6 (1,336 ) (1,352 )
NET CURRENT ASSETS (LIABILITIES) (897 ) (1,265 )
TOTAL ASSETS LESS CURRENT LIABILITIES 147,302 155,521
NET ASSETS 147,302 155,521
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 147,202 155,421
SHAREHOLDERS' FUNDS 147,302 155,521
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.
On behalf of the board
Mr Ian Paterson
Director
18/03/2025
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
Independent Plant Services Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC253649 . The registered office is 1a Torphicen Street, Edinburgh, EH3 8HX.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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 -
Plant & Machinery 20% Reducing balance
Motor Vehicles 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 83,196
As at 30 September 2024 83,196
Amortisation
As at 1 October 2023 74,877
Provided during the period 8,319
As at 30 September 2024 83,196
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 8,319
Page 2
Page 3
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 October 2023 147,308 7,694 22,286 177,288
As at 30 September 2024 147,308 7,694 22,286 177,288
Depreciation
As at 1 October 2023 - 7,241 21,580 28,821
Provided during the period - 91 177 268
As at 30 September 2024 - 7,332 21,757 29,089
Net Book Value
As at 30 September 2024 147,308 362 529 148,199
As at 1 October 2023 147,308 453 706 148,467
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Accruals and deferred income 1,152 1,152
Directors' loan accounts 185 200
1,336 1,352
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3