Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC374217 Mr K McCrae Mrs H McCrae-Luu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC374217 2024-03-31 SC374217 2025-03-31 SC374217 2024-04-01 2025-03-31 SC374217 frs-core:CurrentFinancialInstruments 2025-03-31 SC374217 frs-core:ComputerEquipment 2025-03-31 SC374217 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC374217 frs-core:ComputerEquipment 2024-03-31 SC374217 frs-core:FurnitureFittings 2025-03-31 SC374217 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC374217 frs-core:FurnitureFittings 2024-03-31 SC374217 frs-core:ShareCapital 2025-03-31 SC374217 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 SC374217 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC374217 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC374217 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC374217 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC374217 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC374217 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC374217 frs-bus:Director1 2024-04-01 2025-03-31 SC374217 frs-bus:Director2 2024-04-01 2025-03-31 SC374217 frs-countries:Scotland 2024-04-01 2025-03-31 SC374217 2023-03-31 SC374217 2024-03-31 SC374217 2023-04-01 2024-03-31 SC374217 frs-core:CurrentFinancialInstruments 2024-03-31 SC374217 frs-core:ShareCapital 2023-03-31 SC374217 frs-core:ShareCapital 2024-03-31 SC374217 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 SC374217 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-03-31 SC374217 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
MYA Recruitment Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Nuvo Scotland Limited
Contents
Page
Company Information 1
Accountants' Report 2
Statement of Financial Position 3
Statement of Changes in Equity 4
Notes to the Financial Statements 5—7
Page 1
Company Information
Directors Mr K McCrae
Mrs H McCrae-Luu
Company Number SC374217
Registered Office 18 Clashfarquhar Crescent
Portlethen
Aberdeenshire
AB12 4TN
Accountants Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 1
Page 2
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of MYA Recruitment Solutions Limited for the year ended 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 MYA Recruitment Solutions Limited which comprise the Income Statement, the Statement of Financial Position 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 MYA Recruitment Solutions 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 MYA Recruitment Solutions Limited and state those matters that we have agreed to state to the directors of MYA Recruitment Solutions 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 MYA Recruitment Solutions Limited and its directors as a body for our work or for this report.
It is your duty to ensure that MYA Recruitment Solutions 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 MYA Recruitment Solutions Limited . You consider that MYA Recruitment Solutions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of MYA Recruitment Solutions 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.
1 September 2025
Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 2
Page 3
Statement of Financial Position
Registered number: SC374217
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 244 325
244 325
CURRENT ASSETS
Debtors 5 208,879 283,694
Cash at bank and in hand 259,634 147,978
468,513 431,672
Creditors: Amounts Falling Due Within One Year 6 (133,290 ) (136,278 )
NET CURRENT ASSETS (LIABILITIES) 335,223 295,394
TOTAL ASSETS LESS CURRENT LIABILITIES 335,467 295,719
NET ASSETS 335,467 295,719
CAPITAL AND RESERVES
Called up share capital 100 100
Income Statement 335,367 295,619
SHAREHOLDERS' FUNDS 335,467 295,719
For the year 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 Income Statement.
The financial statements were approved by the board of directors on 29 August 2025 and were signed on its behalf by:
Mr K McCrae
Director
29 August 2025
The notes on pages 5 to 7 form part of these financial statements.
Page 3
Page 4
Statement of Changes in Equity
Share Capital Income Statement Total
£ £ £
As at 1 April 2023 100 185,208 185,308
Profit for the year and total comprehensive income - 143,411 143,411
Dividends paid - (33,000) (33,000)
As at 31 March 2024 and 1 April 2024 100 295,619 295,719
Profit for the year and total comprehensive income - 68,977 68,977
Dividends paid - (29,229) (29,229)
As at 31 March 2025 100 335,367 335,467
Page 4
Page 5
Notes to the Financial Statements
1. General Information
MYA Recruitment Solutions Limited is a private company, limited by shares, incorporated in Scotland, registered number SC374217 . The registered office is 18 Clashfarquhar Crescent, Portlethen, Aberdeenshire, AB12 4TN.
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. 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:
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period.  The effect of any change is accounted for prospectively.
2.4. 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.
Equity instruments 
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. 
Page 5
Page 6
2.5. 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 9)
8 9
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 46 1,139 1,185
As at 31 March 2025 46 1,139 1,185
Depreciation
As at 1 April 2024 38 822 860
Provided during the period 2 79 81
As at 31 March 2025 40 901 941
Net Book Value
As at 31 March 2025 6 238 244
As at 1 April 2024 8 317 325
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 202,491 197,937
Prepayments and accrued income 675 34,503
Other debtors 5,713 5,713
Directors' loan accounts - 45,541
208,879 283,694
Page 6
Page 7
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1,869
Corporation tax 19,982 45,766
Other taxes and social security 10,031 25,392
VAT 103,172 50,355
Other creditors - 12,896
Accruals and deferred income 105 -
133,290 136,278
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Alexander McCrae 45,541 5,000 (50,541) - -
The above loan is unsecured, interest free and repayable on demand.
Page 7