Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC576890 Dr S Rajpara iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC576890 2023-12-31 SC576890 2024-12-31 SC576890 2024-01-01 2024-12-31 SC576890 frs-core:CurrentFinancialInstruments 2024-12-31 SC576890 frs-core:Non-currentFinancialInstruments 2024-12-31 SC576890 frs-core:BetweenOneFiveYears 2024-12-31 SC576890 frs-core:ComputerEquipment 2024-12-31 SC576890 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC576890 frs-core:ComputerEquipment 2023-12-31 SC576890 frs-core:FurnitureFittings 2024-12-31 SC576890 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC576890 frs-core:FurnitureFittings 2023-12-31 SC576890 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 SC576890 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC576890 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 SC576890 frs-core:PlantMachinery 2024-12-31 SC576890 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC576890 frs-core:PlantMachinery 2023-12-31 SC576890 frs-core:WithinOneYear 2024-12-31 SC576890 frs-core:ShareCapital 2024-12-31 SC576890 frs-core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 SC576890 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC576890 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC576890 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC576890 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC576890 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC576890 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC576890 frs-core:DeferredTaxation 2024-01-01 2024-12-31 SC576890 frs-core:DeferredTaxation 2023-12-31 SC576890 frs-core:DeferredTaxation 2024-12-31 SC576890 frs-bus:Director1 2024-01-01 2024-12-31 SC576890 frs-bus:Director1 2023-12-31 SC576890 frs-bus:Director1 2024-12-31 SC576890 frs-countries:Scotland 2024-01-01 2024-12-31 SC576890 2022-12-31 SC576890 2023-12-31 SC576890 2023-01-01 2023-12-31 SC576890 frs-core:CurrentFinancialInstruments 2023-12-31 SC576890 frs-core:Non-currentFinancialInstruments 2023-12-31 SC576890 frs-core:BetweenOneFiveYears 2023-12-31 SC576890 frs-core:WithinOneYear 2023-12-31 SC576890 frs-core:ShareCapital 2022-12-31 SC576890 frs-core:ShareCapital 2023-12-31 SC576890 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 SC576890 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-12-31 SC576890 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC576890
Grand Aura Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Nuvo Scotland Limited
Contents
Page
Company Information 1
Accountants' Report 2
Balance Sheet 3—4
Statement of Changes in Equity 5
Notes to the Financial Statements 6—9
Page 1
Company Information
Director Dr S Rajpara
Company Number SC576890
Registered Office 27 Queens Crescent
Aberdeen
AB15 4AZ
Accountants Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 1
Page 2
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Grand Aura Limited for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Grand Aura Limited 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 us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Grand Aura Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Grand Aura Limited and state those matters that we have agreed to state to the director of Grand Aura Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Grand Aura Limited and its director as a body for our work or for this report.
It is your duty to ensure that Grand Aura 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 Grand Aura Limited . You consider that Grand Aura Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Grand Aura 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.
11 August 2025
Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 2
Page 3
Balance Sheet
Registered number: SC576890
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 30,459 48,492
30,459 48,492
CURRENT ASSETS
Stocks 5 896 1,406
Debtors 6 17,592 27,494
Cash at bank and in hand 23,777 1,098
42,265 29,998
Creditors: Amounts Falling Due Within One Year 7 (447,285 ) (485,591 )
NET CURRENT ASSETS (LIABILITIES) (405,020 ) (455,593 )
TOTAL ASSETS LESS CURRENT LIABILITIES (374,561 ) (407,101 )
Creditors: Amounts Falling Due After More Than One Year 8 (3,280 ) (11,299 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (7,615 ) (12,123 )
NET LIABILITIES (385,456 ) (430,523 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (385,556 ) (430,623 )
SHAREHOLDERS' FUNDS (385,456) (430,523)
Page 3
Page 4
For the year ending 31 December 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
Dr S Rajpara
Director
10 August 2025
The notes on pages 6 to 9 form part of these financial statements.
Page 4
Page 5
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2023 100 (399,519 ) (399,419)
Loss for the year and total comprehensive income - (31,104 ) (31,104)
As at 31 December 2023 and 1 January 2024 100 (430,623 ) (430,523)
Profit for the year and total comprehensive income - 45,067 45,067
As at 31 December 2024 100 (385,556 ) (385,456)
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Grand Aura Limited is a private company, limited by shares, incorporated in Scotland, registered number SC576890 . The registered office is 27 Queens Crescent, Aberdeen, AB15 4AZ.
The presentation currency of the financial statements is the Pound Sterling (£).
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 director has identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
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:
Improvements to Property 20% on cost
Plant & Machinery 25% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 33% on cost
The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period.  The effect of any change is accounted for prospectively
2.5. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
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Page 7
2.7. Financial Instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price
including transaction costs.
Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.
Basic financial liabilities
Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price. 
Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method. 
Financial liabilities are derecognised when the company's contractual obligations are discharged.
Equity instruments 
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. 
2.8. 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
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.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
Page 7
Page 8
4. Tangible Assets
Land & Property
Improvements to Property Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 21,157 165,807 7,320 6,191 200,475
As at 31 December 2024 21,157 165,807 7,320 6,191 200,475
Depreciation
As at 1 January 2024 21,157 117,454 7,259 6,113 151,983
Provided during the period - 17,960 34 39 18,033
As at 31 December 2024 21,157 135,414 7,293 6,152 170,016
Net Book Value
As at 31 December 2024 - 30,393 27 39 30,459
As at 1 January 2024 - 48,353 61 78 48,492
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
5. Stocks
2024 2023
£ £
Stock 896 1,406
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 312 3,683
Other debtors 17,280 23,811
17,592 27,494
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 20,193 21,011
Bank loans and overdrafts 8,054 8,034
Other loans 317,927 320,869
Other creditors 89,634 122,161
Taxation and social security 11,477 13,516
447,285 485,591
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,280 11,299
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9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 7,615 12,123
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2024 12,123 12,123
Deferred taxation (4,508 ) (4,508 )
Balance at 31 December 2024 7,615 7,615
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 14,400 9,600
Later than one year and not later than five years 57,600 -
72,000 9,600
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Dr Sanjaykumar Rajpara (121,802 ) 66,039 (33,550 ) - (89,313 )
The loan is interest free and has no repayment terms.
13. Related Party Transactions
Ace Dermatology Ltd - Dr S Rajpara is the sole director and shareholder.
As at 31 December 2024, there is a balance due to a company under the same ownership and control of the director of £317,927 (2023: £320,869)
Granite Heights Ltd - Dr S Rajpara is the sold director and shareholder.
A company under same ownership and control of the director is the landlord to whom rental is paid.
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