Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC694137 Mr Thomas Hamilton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC694137 2023-03-31 SC694137 2024-03-31 SC694137 2023-04-01 2024-03-31 SC694137 frs-core:CurrentFinancialInstruments 2024-03-31 SC694137 frs-core:ComputerEquipment 2024-03-31 SC694137 frs-core:ComputerEquipment 2023-04-01 2024-03-31 SC694137 frs-core:ComputerEquipment 2023-03-31 SC694137 frs-core:MotorVehicles 2024-03-31 SC694137 frs-core:MotorVehicles 2023-04-01 2024-03-31 SC694137 frs-core:MotorVehicles 2023-03-31 SC694137 frs-core:PlantMachinery 2024-03-31 SC694137 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC694137 frs-core:PlantMachinery 2023-03-31 SC694137 frs-core:ShareCapital 2024-03-31 SC694137 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC694137 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC694137 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC694137 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC694137 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC694137 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC694137 frs-bus:Director1 2023-04-01 2024-03-31 SC694137 frs-countries:Scotland 2023-04-01 2024-03-31 SC694137 2022-03-31 SC694137 2023-03-31 SC694137 2022-04-01 2023-03-31 SC694137 frs-core:CurrentFinancialInstruments 2023-03-31 SC694137 frs-core:ShareCapital 2023-03-31 SC694137 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC694137
Tracks (Scotland) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
First Base Accountants
Pavilion 2
Castlecraig Business Park
Stirling
FK7 7SH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC694137
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,593 14,117
10,593 14,117
CURRENT ASSETS
Debtors 5 11,266 5,926
Cash at bank and in hand 6,070 2,267
17,336 8,193
Creditors: Amounts Falling Due Within One Year 6 (136,921 ) (104,867 )
NET CURRENT ASSETS (LIABILITIES) (119,585 ) (96,674 )
TOTAL ASSETS LESS CURRENT LIABILITIES (108,992 ) (82,557 )
NET LIABILITIES (108,992 ) (82,557 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (109,092 ) (82,657 )
SHAREHOLDERS' FUNDS (108,992) (82,557)
Page 1
Page 2
For the year ending 31 March 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 Thomas Hamilton
Director
11/08/2025
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
Tracks (Scotland) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC694137 . The registered office is 4 Leighton Court, Dunblane, FK15 0ED.
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:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Computer Equipment 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 13,799 5,024 71 18,894
As at 31 March 2024 13,799 5,024 71 18,894
Depreciation
As at 1 April 2023 3,450 1,256 71 4,777
Provided during the period 2,582 942 - 3,524
As at 31 March 2024 6,032 2,198 71 8,301
Net Book Value
As at 31 March 2024 7,767 2,826 - 10,593
As at 1 April 2023 10,349 3,768 - 14,117
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,278 2,388
VAT 1,988 3,538
11,266 5,926
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 3,385
Bank loans and overdrafts - 899
Other taxes and social security 551 144
Other creditors 88,852 66,030
Accruals and deferred income 4,800 2,400
Director's loan account 42,719 32,009
136,921 104,867
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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