Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 SC714093 Mr Christopher Armstrong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC714093 2023-11-30 SC714093 2024-11-30 SC714093 2023-12-01 2024-11-30 SC714093 frs-core:CurrentFinancialInstruments 2024-11-30 SC714093 frs-core:Non-currentFinancialInstruments 2024-11-30 SC714093 frs-core:FurnitureFittings 2024-11-30 SC714093 frs-core:FurnitureFittings 2023-12-01 2024-11-30 SC714093 frs-core:FurnitureFittings 2023-11-30 SC714093 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 SC714093 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC714093 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 SC714093 frs-core:ShareCapital 2024-11-30 SC714093 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 SC714093 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC714093 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 SC714093 frs-bus:SmallEntities 2023-12-01 2024-11-30 SC714093 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 SC714093 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 SC714093 frs-bus:Director1 2023-12-01 2024-11-30 SC714093 frs-countries:Scotland 2023-12-01 2024-11-30 SC714093 2022-11-30 SC714093 2023-11-30 SC714093 2022-12-01 2023-11-30 SC714093 frs-core:CurrentFinancialInstruments 2023-11-30 SC714093 frs-core:Non-currentFinancialInstruments 2023-11-30 SC714093 frs-core:ShareCapital 2023-11-30 SC714093 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: SC714093
Armstrong Property Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC714093
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 849,953 823,618
849,953 823,618
CURRENT ASSETS
Debtors 5 38,656 -
Cash at bank and in hand 3,543 3,720
42,199 3,720
Creditors: Amounts Falling Due Within One Year 6 (681,181 ) (506,131 )
NET CURRENT ASSETS (LIABILITIES) (638,982 ) (502,411 )
TOTAL ASSETS LESS CURRENT LIABILITIES 210,971 321,207
Creditors: Amounts Falling Due After More Than One Year 7 (493,345 ) (511,290 )
NET LIABILITIES (282,374 ) (190,083 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (282,474 ) (190,183 )
SHAREHOLDERS' FUNDS (282,374) (190,083)
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 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 Christopher Armstrong
Director
29/08/2025
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
Armstrong Property Holdings Limited is a private company, limited by shares, incorporated in Scotland, registered number SC714093 . The registered office is 12/3 Gray's Loan, Edinburgh, Midlothian, EH10 5BS.
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 N/A
Fixtures & Fittings 20% RBM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2023 760,000 99,403 859,403
Additions - 51,962 51,962
Disposals - (4,904 ) (4,904 )
As at 30 November 2024 760,000 146,461 906,461
Depreciation
As at 1 December 2023 - 35,785 35,785
Provided during the period - 22,488 22,488
Disposals - (1,765 ) (1,765 )
As at 30 November 2024 - 56,508 56,508
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2024 760,000 89,953 849,953
As at 1 December 2023 760,000 63,618 823,618
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,713 -
VAT 36,943 -
38,656 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 20,350 -
Bank loans and overdrafts 13,378 13,378
Other loans 6,871 6,871
Director's loan account 640,582 485,882
681,181 506,131
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 481,965 493,039
Other loans 11,380 18,251
493,345 511,290
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Going Concern
The accounts have been prepared on a going concern basis which assumes the continued support of the company’s creditors. Should this support be withdrawn and not replaced by alternative finance, the company would be unable to continue trading. Adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.
Page 4