Acorah Software Products - Accounts Production 16.5.460 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 SC671174 Miss Sarah Allison Mr Joseph Curtis Miss Kirsty Robertson Miss Ann Montgomery Miss Claire Devlin Mrs Anna Harkins Miss Elaine Milne Mr Daniel Louden iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC671174 2023-08-31 SC671174 2024-08-31 SC671174 2023-09-01 2024-08-31 SC671174 frs-core:CurrentFinancialInstruments 2024-08-31 SC671174 frs-core:ComputerEquipment 2024-08-31 SC671174 frs-core:ComputerEquipment 2023-09-01 2024-08-31 SC671174 frs-core:ComputerEquipment 2023-08-31 SC671174 frs-core:FurnitureFittings 2024-08-31 SC671174 frs-core:FurnitureFittings 2023-09-01 2024-08-31 SC671174 frs-core:FurnitureFittings 2023-08-31 SC671174 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 SC671174 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 SC671174 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 SC671174 frs-core:MotorVehicles 2024-08-31 SC671174 frs-core:MotorVehicles 2023-09-01 2024-08-31 SC671174 frs-core:MotorVehicles 2023-08-31 SC671174 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC671174 frs-bus:CompanyLimitedByGuarantee 2023-09-01 2024-08-31 SC671174 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 SC671174 frs-bus:SmallEntities 2023-09-01 2024-08-31 SC671174 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC671174 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC671174 frs-bus:Director1 2023-09-01 2024-08-31 SC671174 frs-bus:Director2 2023-09-01 2024-08-31 SC671174 frs-bus:Director3 2023-09-01 2024-08-31 SC671174 frs-bus:Director4 2023-09-01 2024-08-31 SC671174 frs-bus:Director5 2023-09-01 2024-08-31 SC671174 frs-bus:Director6 2023-09-01 2024-08-31 SC671174 frs-bus:Director7 2023-09-01 2024-08-31 SC671174 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 SC671174 frs-countries:Scotland 2023-09-01 2024-08-31 SC671174 2022-08-31 SC671174 2023-08-31 SC671174 2022-09-01 2023-08-31 SC671174 frs-core:CurrentFinancialInstruments 2023-08-31 SC671174 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: SC671174
Croy Community Hub Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC671174
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 60,417 61,863
60,417 61,863
CURRENT ASSETS
Debtors 5 5,071 1,004
Cash at bank and in hand 75,889 64,079
80,960 65,083
Creditors: Amounts Falling Due Within One Year 6 (1,359 ) (1,436 )
NET CURRENT ASSETS (LIABILITIES) 79,601 63,647
TOTAL ASSETS LESS CURRENT LIABILITIES 140,018 125,510
NET ASSETS 140,018 125,510
Income and Expenditure Account 140,018 125,510
MEMBERS' FUNDS 140,018 125,510
For the year ending 31 August 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 Income and Expenditure Account.
On behalf of the board
Miss Sarah Allison
Director
19th February 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Croy Community Hub Ltd is a private company, limited by guarantee, incorporated in Scotland, registered number SC671174 . The registered office is Croy Community Hub, 4 Mcsparran Road, Kilsyth, Glasgow, G65 9HN.
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:
Freehold 0%
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 1/3 straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating surplus.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 1)
3 1
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost or Valuation
As at 1 September 2023 51,425 12,960 1,968 399 66,752
Additions - - 831 519 1,350
Revaluation (71 ) - - - (71 )
As at 31 August 2024 51,354 12,960 2,799 918 68,031
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 September 2023 - 4,455 256 178 4,889
Provided during the period - 2,126 287 312 2,725
As at 31 August 2024 - 6,581 543 490 7,614
Net Book Value
As at 31 August 2024 51,354 6,379 2,256 428 60,417
As at 1 September 2023 51,425 8,505 1,712 221 61,863
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 2,504 954
Other debtors 2,567 50
5,071 1,004
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 310
Pension 158 165
Accruals and deferred income 1,201 961
1,359 1,436
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3