Acorah Software Products - Accounts Production 16.4.675 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 SC622441 Ms Amanda Allsopp Mrs Claire Allsopp iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC622441 2024-02-29 SC622441 2025-02-28 SC622441 2024-03-01 2025-02-28 SC622441 frs-core:CurrentFinancialInstruments 2025-02-28 SC622441 frs-core:Non-currentFinancialInstruments 2025-02-28 SC622441 frs-core:ComputerEquipment 2025-02-28 SC622441 frs-core:ComputerEquipment 2024-03-01 2025-02-28 SC622441 frs-core:ComputerEquipment 2024-02-29 SC622441 frs-core:MotorVehicles 2025-02-28 SC622441 frs-core:MotorVehicles 2024-03-01 2025-02-28 SC622441 frs-core:MotorVehicles 2024-02-29 SC622441 frs-core:ShareCapital 2025-02-28 SC622441 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 SC622441 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 SC622441 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 SC622441 frs-bus:SmallEntities 2024-03-01 2025-02-28 SC622441 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 SC622441 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 SC622441 frs-bus:Director1 2024-03-01 2025-02-28 SC622441 frs-bus:Director2 2024-03-01 2025-02-28 SC622441 frs-countries:Scotland 2024-03-01 2025-02-28 SC622441 2023-02-28 SC622441 2024-02-29 SC622441 2023-03-01 2024-02-29 SC622441 frs-core:CurrentFinancialInstruments 2024-02-29 SC622441 frs-core:Non-currentFinancialInstruments 2024-02-29 SC622441 frs-core:ShareCapital 2024-02-29 SC622441 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: SC622441
Allsopp Properties (SA) Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Kerr Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC622441
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,820 5,201
Investment Properties 5 141,536 -
145,356 5,201
CURRENT ASSETS
Stocks 6 411,093 544,005
Cash at bank and in hand 45,332 3,714
456,425 547,719
Creditors: Amounts Falling Due Within One Year 7 (1,320 ) (1,320 )
NET CURRENT ASSETS (LIABILITIES) 455,105 546,399
TOTAL ASSETS LESS CURRENT LIABILITIES 600,461 551,600
Creditors: Amounts Falling Due After More Than One Year 8 (643,013 ) (619,548 )
NET LIABILITIES (42,552 ) (67,948 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (42,652 ) (68,048 )
SHAREHOLDERS' FUNDS (42,552) (67,948)
Page 1
Page 2
For the year ending 28 February 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 Profit and Loss Account.
On behalf of the board
Ms Amanda Allsopp
Director
16th July 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Allsopp Properties (SA) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC622441 . The registered office is 39 Erskine Place, Pumpherston, Livingston, EH53 0LU.
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:
Motor Vehicles 25% reducing balance
Computer Equipment 33% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
2 3
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 March 2024 8,680 479 9,159
As at 28 February 2025 8,680 479 9,159
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 March 2024 3,798 160 3,958
Provided during the period 1,221 160 1,381
As at 28 February 2025 5,019 320 5,339
Net Book Value
As at 28 February 2025 3,661 159 3,820
As at 1 March 2024 4,882 319 5,201
5. Investment Property
2025
£
Fair Value
As at 1 March 2024 -
Additions 141,536
As at 28 February 2025 141,536
6. Stocks
2025 2024
£ £
Property Work in progress 411,093 544,005
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 1,320 1,320
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Loans due within one year - 80,824
Other loans 480,824 326,000
Directors loan account 162,189 212,724
643,013 619,548
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4