Acorah Software Products - Accounts Production 16.5.460 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 SC036478 Douglas Craik Anna Clarkson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC036478 2023-11-30 SC036478 2024-11-30 SC036478 2023-12-01 2024-11-30 SC036478 frs-core:CurrentFinancialInstruments 2024-11-30 SC036478 frs-core:Non-currentFinancialInstruments 2024-11-30 SC036478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 SC036478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC036478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 SC036478 frs-core:MotorVehicles 2024-11-30 SC036478 frs-core:MotorVehicles 2023-12-01 2024-11-30 SC036478 frs-core:MotorVehicles 2023-11-30 SC036478 frs-core:PlantMachinery 2024-11-30 SC036478 frs-core:PlantMachinery 2023-12-01 2024-11-30 SC036478 frs-core:PlantMachinery 2023-11-30 SC036478 frs-core:RevaluationReserve 2024-11-30 SC036478 frs-core:ShareCapital 2024-11-30 SC036478 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC036478 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC036478 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 SC036478 frs-bus:SmallEntities 2023-12-01 2024-11-30 SC036478 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 SC036478 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 SC036478 frs-core:UnlistedNon-exchangeTraded 2024-11-30 SC036478 frs-core:UnlistedNon-exchangeTraded 2023-11-30 SC036478 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-11-30 SC036478 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-11-30 SC036478 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-11-30 SC036478 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-11-30 SC036478 frs-bus:Director1 2023-12-01 2024-11-30 SC036478 frs-bus:Director2 2023-12-01 2024-11-30 SC036478 frs-countries:Scotland 2023-12-01 2024-11-30 SC036478 2022-11-30 SC036478 2023-11-30 SC036478 2022-12-01 2023-11-30 SC036478 frs-core:CurrentFinancialInstruments 2023-11-30 SC036478 frs-core:Non-currentFinancialInstruments 2023-11-30 SC036478 frs-core:RevaluationReserve 2023-11-30 SC036478 frs-core:ShareCapital 2023-11-30 SC036478 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: SC036478
James Craik & Son (Whitehaugh) Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC036478
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,617,899 2,550,378
Investment Properties 5 220,000 220,000
Investments 6 140 140
2,838,039 2,770,518
CURRENT ASSETS
Stocks 7 183,582 177,871
Debtors 8 6,052 4,992
Cash at bank and in hand 82,717 54,788
272,351 237,651
Creditors: Amounts Falling Due Within One Year 9 (435,344 ) (333,862 )
NET CURRENT ASSETS (LIABILITIES) (162,993 ) (96,211 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,675,046 2,674,307
Creditors: Amounts Falling Due After More Than One Year 10 (7,231 ) (16,069 )
NET ASSETS 2,667,815 2,658,238
CAPITAL AND RESERVES
Called up share capital 11 178,500 178,500
Revaluation reserve 2,261,914 2,261,914
Profit and Loss Account 227,401 217,824
SHAREHOLDERS' FUNDS 2,667,815 2,658,238
Page 1
Page 2
For the year ending 30 November 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 Profit and Loss Account.
On behalf of the board
Douglas Craik
Director
29 August 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
James Craik & Son (Whitehaugh) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC036478 . The registered office is The Coach House, Whitehaugh, Alford, AB33 8AU.
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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at deemed cost including historical revaluations 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 2% straight line & land not depreciated
Plant & Machinery 12.5% reducing balance
Tractors & Vehicles 15% reducing balance
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.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and estimated selling price less costs to sell.

Stock includes biological assets, which are living plants and animals, that are measured at the lower of cost and estimated selling price less costs to sell.
2.6. 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 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.
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2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned. Smaller grants towards fixed assets are released in full to the profit and loss account when they have been received. 
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Tractors & Vehicles Total
£ £ £ £
Cost
As at 1 December 2023 2,599,886 149,016 315,748 3,064,650
Additions 24,983 65,384 - 90,367
Disposals (5,230 ) - - (5,230 )
As at 30 November 2024 2,619,639 214,400 315,748 3,149,787
Depreciation
As at 1 December 2023 285,388 85,708 143,176 514,272
Provided during the period 3,727 16,086 3,033 22,846
Disposals (5,230 ) - - (5,230 )
As at 30 November 2024 283,885 101,794 146,209 531,888
Net Book Value
As at 30 November 2024 2,335,754 112,606 169,539 2,617,899
As at 1 December 2023 2,314,498 63,308 172,572 2,550,378
5. Investment Property
2024
£
Fair Value
As at 1 December 2023 and 30 November 2024 220,000
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6. Investments
Unlisted
£
Cost
As at 1 December 2023 140
As at 30 November 2024 140
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 140
As at 1 December 2023 140
7. Stocks
2024 2023
£ £
Stock - biological assets 157,850 156,800
Stock - other 25,732 21,071
183,582 177,871
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,052 -
VAT - 4,992
6,052 4,992
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,641 9,641
Trade creditors 12,654 22,420
Other taxes and social security 275 2,019
VAT 1,338 -
Net wages 1,071 -
Accruals and deferred income 30,649 4,974
Directors' loan accounts 379,716 294,808
435,344 333,862
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 7,231 16,069
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11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 178,500 178,500
Page 6