Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC139669 Mr Gregor Dodds Mr Fraser Dodds iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC139669 2023-12-31 SC139669 2024-12-31 SC139669 2024-01-01 2024-12-31 SC139669 frs-core:CurrentFinancialInstruments 2024-12-31 SC139669 frs-core:Non-currentFinancialInstruments 2024-12-31 SC139669 frs-core:BetweenOneFiveYears 2024-12-31 SC139669 frs-core:FurnitureFittings 2024-12-31 SC139669 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC139669 frs-core:FurnitureFittings 2023-12-31 SC139669 frs-core:MotorVehicles 2024-12-31 SC139669 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC139669 frs-core:MotorVehicles 2023-12-31 SC139669 frs-core:PlantMachinery 2024-12-31 SC139669 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC139669 frs-core:PlantMachinery 2023-12-31 SC139669 frs-core:WithinOneYear 2024-12-31 SC139669 frs-core:CapitalRedemptionReserve 2024-12-31 SC139669 frs-core:ShareCapital 2024-12-31 SC139669 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC139669 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC139669 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC139669 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC139669 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC139669 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC139669 frs-core:ListedExchangeTraded 2024-12-31 SC139669 frs-core:ListedExchangeTraded 2023-12-31 SC139669 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 SC139669 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 SC139669 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 SC139669 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 SC139669 frs-bus:Director1 2024-01-01 2024-12-31 SC139669 frs-bus:Director2 2024-01-01 2024-12-31 SC139669 frs-core:CurrentFinancialInstruments 1 2024-12-31 SC139669 frs-countries:Scotland 2024-01-01 2024-12-31 SC139669 2022-12-31 SC139669 2023-12-31 SC139669 2023-01-01 2023-12-31 SC139669 frs-core:CurrentFinancialInstruments 2023-12-31 SC139669 frs-core:Non-currentFinancialInstruments 2023-12-31 SC139669 frs-core:BetweenOneFiveYears 2023-12-31 SC139669 frs-core:WithinOneYear 2023-12-31 SC139669 frs-core:CapitalRedemptionReserve 2023-12-31 SC139669 frs-core:ShareCapital 2023-12-31 SC139669 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC139669 frs-core:CurrentFinancialInstruments 1 2023-12-31 SC139669 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: SC139669
Atlas Maintenance (Scotland) Limited
Financial Statements
For The Year Ended 31 December 2024
14 Newton Place
Glasgow
G3 7PY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC139669
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 320,322 375,459
Investments 5 2,400 2,400
322,722 377,859
CURRENT ASSETS
Stocks 6 125,859 204,192
Debtors 7 731,185 774,524
Cash at bank and in hand 292,026 430,321
1,149,070 1,409,037
Creditors: Amounts Falling Due Within One Year 8 (238,434 ) (495,775 )
NET CURRENT ASSETS (LIABILITIES) 910,636 913,262
TOTAL ASSETS LESS CURRENT LIABILITIES 1,233,358 1,291,121
Creditors: Amounts Falling Due After More Than One Year 9 (9,321 ) (23,521 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (80,681 ) (93,865 )
NET ASSETS 1,143,356 1,173,735
CAPITAL AND RESERVES
Called up share capital 11 4,904 4,904
Capital redemption reserve 1,634 1,634
Profit and Loss Account 1,136,818 1,167,197
SHAREHOLDERS' FUNDS 1,143,356 1,173,735
Page 1
Page 2
For the year ending 31 December 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
Mr Gregor Dodds
Director
Mr Fraser Dodds
Director
13th 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
Atlas Maintenance (Scotland) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC139669 . The registered office is Unit 5b 27 Siemens Place, Blochairn Industrial Estate, Glasgow, Strathclyde, G21 2BN.
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.
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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
2.4. 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.
2.5. 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.
2.6. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 17)
15 17
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 338,103 431,329 33,891 803,323
Additions 22,140 20,573 1,498 44,211
Disposals - (11,485 ) - (11,485 )
As at 31 December 2024 360,243 440,417 35,389 836,049
Depreciation
As at 1 January 2024 180,744 218,407 28,713 427,864
Provided during the period 41,281 54,781 1,285 97,347
Disposals - (9,484 ) - (9,484 )
As at 31 December 2024 222,025 263,704 29,998 515,727
Net Book Value
As at 31 December 2024 138,218 176,713 5,391 320,322
As at 1 January 2024 157,359 212,922 5,178 375,459
5. Investments
Listed
£
Cost
As at 1 January 2024 2,400
As at 31 December 2024 2,400
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 2,400
As at 1 January 2024 2,400
6. Stocks
2024 2023
£ £
Work in progress 125,859 204,192
Page 4
Page 5
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 325,125 347,294
Prepayments and accrued income 857 857
Other debtors 6,843 6,843
Other debtors (1) 398,310 398,310
VAT - 21,170
731,135 774,474
Due after more than one year
Other debtors 50 50
731,185 774,524
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,200 4,200
Trade creditors 108,056 298,380
Bank loans and overdrafts 10,000 10,000
Corporation tax 25,490 31,310
Other taxes and social security 42,558 40,367
VAT 13,050 -
Other creditors 30,000 103,785
Fuel Cost - Deductions - 2,723
Accruals and deferred income 5,080 5,010
238,434 495,775
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,154 9,354
Bank loans 4,167 14,167
9,321 23,521
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,200 4,200
Later than one year and not later than five years 5,154 9,354
9,354 13,554
9,354 13,554
Page 5
Page 6
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4,904 4,904
Page 6