Acorah Software Products - Accounts Production 16.3.350 false true false 21 May 2024 31 March 2025 31 March 2025 SC811053 Mr G Black Mr F Angus Mr A Steel Mrs K Black iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC811053 2024-05-20 SC811053 2025-03-31 SC811053 2024-05-21 2025-03-31 SC811053 frs-core:CurrentFinancialInstruments 2025-03-31 SC811053 frs-core:Non-currentFinancialInstruments 2025-03-31 SC811053 frs-core:SharePremium 2025-03-31 SC811053 frs-core:ShareCapital 2025-03-31 SC811053 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC811053 frs-bus:PrivateLimitedCompanyLtd 2024-05-21 2025-03-31 SC811053 frs-bus:FilletedAccounts 2024-05-21 2025-03-31 SC811053 frs-bus:SmallEntities 2024-05-21 2025-03-31 SC811053 frs-bus:AuditExemptWithAccountantsReport 2024-05-21 2025-03-31 SC811053 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-21 2025-03-31 SC811053 frs-core:CostValuation 2024-05-20 SC811053 frs-core:AdditionsToInvestments 2025-03-31 SC811053 frs-core:CostValuation 2025-03-31 SC811053 frs-core:ProvisionsForImpairmentInvestments 2024-05-20 SC811053 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 SC811053 frs-bus:Director1 2024-05-21 2025-03-31 SC811053 frs-bus:Director2 2024-05-21 2025-03-31 SC811053 frs-bus:Director3 2024-05-21 2025-03-31 SC811053 frs-bus:CompanySecretary1 2024-05-21 2025-03-31 SC811053 frs-countries:Scotland 2024-05-21 2025-03-31
Registered number: SC811053
Inspired Holdings Scotland Limited
Unaudited Financial Statements
For the Period 21 May 2024 to 31 March 2025
Nuvo Scotland Limited
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Inspired Holdings Scotland Limited for the period 21 May 2024 to 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Inspired Holdings Scotland 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 directors of Inspired Holdings Scotland 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 Inspired Holdings Scotland Limited and state those matters that we have agreed to state to the directors of Inspired Holdings Scotland 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 Inspired Holdings Scotland Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Inspired Holdings Scotland 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 Inspired Holdings Scotland Limited . You consider that Inspired Holdings Scotland Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Inspired Holdings Scotland 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 1
Page 2
Balance Sheet
Registered number: SC811053
31 March 2025
Notes £ £
FIXED ASSETS
Investments 4 544,570
544,570
Creditors: Amounts Falling Due Within One Year 5 (109,036 )
NET CURRENT ASSETS (LIABILITIES) (109,036 )
TOTAL ASSETS LESS CURRENT LIABILITIES 435,534
Creditors: Amounts Falling Due After More Than One Year 6 (140,966 )
NET ASSETS 294,568
CAPITAL AND RESERVES
Called up share capital 100
Share premium account 228,620
Profit and Loss Account 65,848
SHAREHOLDERS' FUNDS 294,568
For the period ending 31 March 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
Mr G Black
Director
Mr F Angus
Director
Mr A Steel
Director
11 August 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
Inspired Holdings Scotland Limited is a private company, limited by shares, incorporated in Scotland, registered number SC811053 . The registered office is 27 Evan Street, Stonehaven, AB39 2EQ.
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. 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.
2.3. Preparation of consolidated financial statements
The financial statements contain information about Inspired Holdings Scotland Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.4. Investments in Subsidiaries
Investments in subsidiary undertakings are stated at cost less provision for permanent diminution in value.
Dividends in respect of investments held are accounted for upon receipt.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investments
Subsidiaries
£
Cost
As at 21 May 2024 -
Additions 544,570
As at 31 March 2025 544,570
Provision
As at 21 May 2024 -
As at 31 March 2025 -
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2025 544,570
As at 21 May 2024 -
5. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Other creditors 50,170
Accruals and deferred income 1,152
Amounts owed to subsidiaries 57,714
109,036
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2025
£
Other creditors 140,966
Page 4