Acorah Software Products - Accounts Production 16.4.675 false true true 31 October 2023 1 November 2022 false 1 November 2023 30 November 2024 30 November 2024 SC489684 Mr Bruce Wishart Mr James McLeary iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC489684 2023-10-31 SC489684 2024-11-30 SC489684 2023-11-01 2024-11-30 SC489684 frs-core:CurrentFinancialInstruments 2024-11-30 SC489684 frs-core:ComputerEquipment 2023-11-01 2024-11-30 SC489684 frs-core:FurnitureFittings 2024-11-30 SC489684 frs-core:FurnitureFittings 2023-11-01 2024-11-30 SC489684 frs-core:FurnitureFittings 2023-10-31 SC489684 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 SC489684 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-01 2024-11-30 SC489684 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-31 SC489684 frs-core:MotorVehicles 2024-11-30 SC489684 frs-core:MotorVehicles 2023-11-01 2024-11-30 SC489684 frs-core:MotorVehicles 2023-10-31 SC489684 frs-core:PlantMachinery 2024-11-30 SC489684 frs-core:PlantMachinery 2023-11-01 2024-11-30 SC489684 frs-core:PlantMachinery 2023-10-31 SC489684 frs-core:ShareCapital 2024-11-30 SC489684 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC489684 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-11-30 SC489684 frs-bus:FilletedAccounts 2023-11-01 2024-11-30 SC489684 frs-bus:SmallEntities 2023-11-01 2024-11-30 SC489684 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-11-30 SC489684 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-11-30 SC489684 frs-bus:Director1 2023-11-01 2024-11-30 SC489684 frs-bus:Director2 2023-11-01 2024-11-30 SC489684 frs-core:CurrentFinancialInstruments 1 2024-11-30 SC489684 frs-core:CurrentFinancialInstruments 2 2024-11-30 SC489684 frs-countries:Scotland 2023-11-01 2024-11-30 SC489684 2022-10-31 SC489684 2023-10-31 SC489684 2022-11-01 2023-10-31 SC489684 frs-core:CurrentFinancialInstruments 2023-10-31 SC489684 frs-core:ShareCapital 2023-10-31 SC489684 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC489684 frs-core:CurrentFinancialInstruments 1 2023-10-31 SC489684 frs-core:CurrentFinancialInstruments 2 2023-10-31
Registered number: SC489684
Livingston Self Storage Limited
Unaudited Financial Statements
For the Period 1 November 2023 to 30 November 2024
Sutherland Black
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC489684
30 November 2024 31 October 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 536,868 -
536,868 -
CURRENT ASSETS
Stocks 5 1,631 -
Debtors 6 123,788 -
Cash at bank and in hand 100 100
125,519 100
Creditors: Amounts Falling Due Within One Year 7 (792,500 ) (300 )
NET CURRENT ASSETS (LIABILITIES) (666,981 ) (200 )
TOTAL ASSETS LESS CURRENT LIABILITIES (130,113 ) (200 )
NET LIABILITIES (130,113 ) (200 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (130,213 ) (300 )
SHAREHOLDERS' FUNDS (130,113) (200)
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For the period ending 30 November 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 Bruce Wishart
Director
15/07/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Livingston Self Storage Limited is a private company, limited by shares, incorporated in Scotland, registered number SC489684 . The registered office is 1 MacAdam Square, Brucefield Industry Park, Livingston, West Lothian, EH54 9DP.
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. Going Concern Disclosure
The financial statements have been prepared on the going concern basis. The directors have considered the company’s current financial position, forecast cash flows, and the support available from its owner.
The owner has confirmed their intention to continue to provide financial support to the company for at least twelve months from the date of approval of these financial statements. This support will ensure that the company can meet its liabilities as they fall due.
The company has prepared forecasts and projections which indicate that it will return to profitability in the foreseeable future. Based on this, and the committed financial backing, the directors believe that it is appropriate to prepare the financial statements on a going concern basis.
2.3. 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.
2.4. 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:
Leasehold 15% on cost
Plant & Machinery 25% RBM
Motor Vehicles 25% RBM
Fixtures & Fittings 25% RBM
Computer Equipment 25% RBM
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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 period was: 3 (2023: 1)
3 1
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 November 2023 - - - - -
Additions 27,901 434,699 96,276 8,227 567,103
As at 30 November 2024 27,901 434,699 96,276 8,227 567,103
Depreciation
As at 1 November 2023 - - - - -
Provided during the period 641 22,981 6,360 253 30,235
As at 30 November 2024 641 22,981 6,360 253 30,235
Net Book Value
As at 30 November 2024 27,260 411,718 89,916 7,974 536,868
As at 1 November 2023 - - - - -
5. Stocks
30 November 2024 31 October 2023
£ £
Stock 1,631 -
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6. Debtors
30 November 2024 31 October 2023
£ £
Due within one year
Trade debtors 4,493 -
Other debtors - Deposit 14,140 -
VAT 105,155 -
123,788 -
7. Creditors: Amounts Falling Due Within One Year
30 November 2024 31 October 2023
£ £
Trade creditors (2,367 ) -
Intercompany - Wishco Ltd 792,335 -
Accruals and deferred income 2,532 300
792,500 300
8. Share Capital
30 November 2024 31 October 2023
£ £
Allotted, Called up and fully paid 100 100
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