Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 SC332799 Mr J Ramsay iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC332799 2023-10-31 SC332799 2024-10-31 SC332799 2023-11-01 2024-10-31 SC332799 frs-core:CurrentFinancialInstruments 2024-10-31 SC332799 frs-core:Non-currentFinancialInstruments 2024-10-31 SC332799 frs-core:PlantMachinery 2024-10-31 SC332799 frs-core:PlantMachinery 2023-11-01 2024-10-31 SC332799 frs-core:PlantMachinery 2023-10-31 SC332799 frs-core:ShareCapital 2024-10-31 SC332799 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC332799 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC332799 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 SC332799 frs-bus:SmallEntities 2023-11-01 2024-10-31 SC332799 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 SC332799 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC332799 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-10-31 SC332799 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-10-31 SC332799 frs-bus:Director1 2023-11-01 2024-10-31 SC332799 frs-countries:Scotland 2023-11-01 2024-10-31 SC332799 2022-10-31 SC332799 2023-10-31 SC332799 2022-11-01 2023-10-31 SC332799 frs-core:CurrentFinancialInstruments 2023-10-31 SC332799 frs-core:Non-currentFinancialInstruments 2023-10-31 SC332799 frs-core:ShareCapital 2023-10-31 SC332799 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC332799 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-10-31
Registered number: SC332799
JS Ramsay Estates Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC332799
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 95,000 90,000
95,000 90,000
CURRENT ASSETS
Cash at bank and in hand 920 1,457
920 1,457
Creditors: Amounts Falling Due Within One Year 6 (21,966 ) (21,894 )
NET CURRENT ASSETS (LIABILITIES) (21,046 ) (20,437 )
TOTAL ASSETS LESS CURRENT LIABILITIES 73,954 69,563
Creditors: Amounts Falling Due After More Than One Year 7 (80,750 ) (80,750 )
NET LIABILITIES (6,796 ) (11,187 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Fair value reserve 9 (1,734 ) (6,734 )
Profit and Loss Account (6,062 ) (5,453 )
SHAREHOLDERS' FUNDS (6,796) (11,187)
Page 1
Page 2
For the year ending 31 October 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 J Ramsay
Director
1 August 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
JS Ramsay Estates Limited is a private company, limited by shares, incorporated in Scotland, registered number SC332799 . The registered office is 5 Corbiehill Grove, Edinburgh, EH4 5DU.
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. 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 rental of Investment Property.
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% on cost
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost or Valuation
As at 1 November 2023 2,297
As at 31 October 2024 2,297
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 November 2023 2,297
As at 31 October 2024 2,297
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 90,000
Fair value adjustments 5,000
As at 31 October 2024 95,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 96,734 96,734
Investment Property was valued on an open market basis on 6 June 2025 by the director.
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 804 732
Director's loan account 21,162 21,162
21,966 21,894
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 80,750 80,750
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4
Page 5
9. Reserves
Fair Value Reserve
£
As at 1 November 2023 (6,734 )
Movements in fair value reserve 5,000
As at 31 October 2024 (1,734 )
Page 5