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 SC236192 Mr S Booth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC236192 2023-08-31 SC236192 2024-08-31 SC236192 2023-09-01 2024-08-31 SC236192 frs-core:CurrentFinancialInstruments 2024-08-31 SC236192 frs-core:Non-currentFinancialInstruments 2024-08-31 SC236192 frs-core:BetweenOneFiveYears 2024-08-31 SC236192 frs-core:ComputerEquipment 2024-08-31 SC236192 frs-core:ComputerEquipment 2023-09-01 2024-08-31 SC236192 frs-core:ComputerEquipment 2023-08-31 SC236192 frs-core:FurnitureFittings 2024-08-31 SC236192 frs-core:FurnitureFittings 2023-09-01 2024-08-31 SC236192 frs-core:FurnitureFittings 2023-08-31 SC236192 frs-core:NetGoodwill 2024-08-31 SC236192 frs-core:NetGoodwill 2023-09-01 2024-08-31 SC236192 frs-core:NetGoodwill 2023-08-31 SC236192 frs-core:MotorVehicles 2024-08-31 SC236192 frs-core:MotorVehicles 2023-09-01 2024-08-31 SC236192 frs-core:MotorVehicles 2023-08-31 SC236192 frs-core:PlantMachinery 2024-08-31 SC236192 frs-core:PlantMachinery 2023-09-01 2024-08-31 SC236192 frs-core:PlantMachinery 2023-08-31 SC236192 frs-core:WithinOneYear 2024-08-31 SC236192 frs-core:ShareCapital 2024-08-31 SC236192 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC236192 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC236192 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 SC236192 frs-bus:SmallEntities 2023-09-01 2024-08-31 SC236192 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC236192 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC236192 frs-bus:Director1 2023-09-01 2024-08-31 SC236192 frs-countries:Scotland 2023-09-01 2024-08-31 SC236192 2022-08-31 SC236192 2023-08-31 SC236192 2022-09-01 2023-08-31 SC236192 frs-core:CurrentFinancialInstruments 2023-08-31 SC236192 frs-core:Non-currentFinancialInstruments 2023-08-31 SC236192 frs-core:BetweenOneFiveYears 2023-08-31 SC236192 frs-core:MotorVehicles 2022-09-01 2023-08-31 SC236192 frs-core:WithinOneYear 2023-08-31 SC236192 frs-core:ShareCapital 2023-08-31 SC236192 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: SC236192
Realm Fire And Security Ltd.
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC236192
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 227,556 102,494
227,556 102,494
CURRENT ASSETS
Stocks 6,478 8,582
Debtors 6 1,093,712 952,544
Cash at bank and in hand 32,735 32,828
1,132,925 993,954
Creditors: Amounts Falling Due Within One Year 7 (692,620 ) (577,321 )
NET CURRENT ASSETS (LIABILITIES) 440,305 416,633
TOTAL ASSETS LESS CURRENT LIABILITIES 667,861 519,127
Creditors: Amounts Falling Due After More Than One Year 8 (237,907 ) (236,838 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (52,330 ) (15,788 )
NET ASSETS 377,624 266,501
CAPITAL AND RESERVES
Called up share capital 1 1
Profit and Loss Account 377,623 266,500
SHAREHOLDERS' FUNDS 377,624 266,501
Page 1
Page 2
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 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 S Booth
Director
28/08/2025
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
Realm Fire And Security Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC236192 . The registered office is Grove Lodge, Mugiemoss Road, Bucksburn, Aberdeen, AB21 9NP.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill has been fully amortised.
2.4. 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 15% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. 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.
...CONTINUED
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2.7. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 31 (2023: 30)
31 30
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 19,195
As at 31 August 2024 19,195
Amortisation
As at 1 September 2023 19,195
As at 31 August 2024 19,195
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2023 5,397 225,383 24,382 38,789 293,951
Additions 22,522 174,947 737 7,209 205,415
Disposals - (44,980 ) - - (44,980 )
As at 31 August 2024 27,919 355,350 25,119 45,998 454,386
Depreciation
As at 1 September 2023 810 149,626 14,711 26,310 191,457
Provided during the period 4,066 62,676 2,602 4,922 74,266
Disposals - (38,893 ) - - (38,893 )
As at 31 August 2024 4,876 173,409 17,313 31,232 226,830
Net Book Value
As at 31 August 2024 23,043 181,941 7,806 14,766 227,556
As at 1 September 2023 4,587 75,757 9,671 12,479 102,494
Page 4
Page 5
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles 194,670 24,641
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 521,086 349,184
Other debtors 572,626 603,360
1,093,712 952,544
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 77,795 15,795
Trade creditors 217,387 130,999
Bank loans and overdrafts 290,523 259,650
Other creditors 49,899 32,840
Taxation and social security 57,016 138,037
692,620 577,321
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 112,490 32,393
Bank loans 125,417 204,445
237,907 236,838
9. Secured Creditors
On 17 July 2015 a floating charge over the assets of the company was granted to RBS Invoice Finance Limited.
2024 2023
£ £
Bank loans and overdrafts 204,023 172,983
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 77,795 15,795
Later than one year and not later than five years 112,490 32,393
190,285 48,188
190,285 48,188
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11. Related Party Transactions
During the year, Realm Fire and Security Ltd. decreased the amount loaned to Realm Properties Limited by £15,690 leaving a balance owed of £565,105 (2023 - £580,795). Mr S Booth is the sole director and shareholder of both companies.
During the year, Realm Fire and Security Ltd. loaned Abguard Fire Suppression Ltd £252. Mr S Booth is the sole director and shareholder of both companies.
Page 6