Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC403431 Miss Kerry Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC403431 2024-03-31 SC403431 2025-03-31 SC403431 2024-04-01 2025-03-31 SC403431 frs-core:CurrentFinancialInstruments 2025-03-31 SC403431 frs-core:ComputerEquipment 2025-03-31 SC403431 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC403431 frs-core:ComputerEquipment 2024-03-31 SC403431 frs-core:FurnitureFittings 2025-03-31 SC403431 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC403431 frs-core:FurnitureFittings 2024-03-31 SC403431 frs-core:NetGoodwill 2025-03-31 SC403431 frs-core:NetGoodwill 2024-04-01 2025-03-31 SC403431 frs-core:NetGoodwill 2024-03-31 SC403431 frs-core:PlantMachinery 2025-03-31 SC403431 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC403431 frs-core:PlantMachinery 2024-03-31 SC403431 frs-core:ShareCapital 2025-03-31 SC403431 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC403431 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC403431 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC403431 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC403431 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC403431 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC403431 frs-core:UnlistedNon-exchangeTraded 2025-03-31 SC403431 frs-core:UnlistedNon-exchangeTraded 2024-03-31 SC403431 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 SC403431 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 SC403431 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 SC403431 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 SC403431 frs-bus:Director1 2024-04-01 2025-03-31 SC403431 frs-core:CurrentFinancialInstruments 1 2025-03-31 SC403431 frs-countries:Scotland 2024-04-01 2025-03-31 SC403431 2023-03-31 SC403431 2024-03-31 SC403431 2023-04-01 2024-03-31 SC403431 frs-core:CurrentFinancialInstruments 2024-03-31 SC403431 frs-core:ShareCapital 2024-03-31 SC403431 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC403431 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: SC403431
Kerry Smith Architects Ltd.
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC403431
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,543 4,102
Investments 6 12,950 12,950
14,493 17,052
CURRENT ASSETS
Stocks 7 11,423 18,565
Debtors 8 2,000 17,352
Cash at bank and in hand 23,430 22,392
36,853 58,309
Creditors: Amounts Falling Due Within One Year 9 (24,938 ) (39,348 )
NET CURRENT ASSETS (LIABILITIES) 11,915 18,961
TOTAL ASSETS LESS CURRENT LIABILITIES 26,408 36,013
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,205 ) (1,205 )
NET ASSETS 25,203 34,808
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 25,202 34,807
SHAREHOLDERS' FUNDS 25,203 34,808
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Miss Kerry Smith
Director
22nd May 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kerry Smith Architects Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC403431 . The registered office is 4 John Street, Montrose, DD10 8LY.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
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 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% straight line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 5)
6 5
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Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 5,000
Disposals (5,000 )
As at 31 March 2025 -
Amortisation
As at 1 April 2024 5,000
Disposals (5,000 )
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 2,399 5,453 19,155 27,007
Disposals - - (4,444 ) (4,444 )
As at 31 March 2025 2,399 5,453 14,711 22,563
Depreciation
As at 1 April 2024 2,300 4,365 16,240 22,905
Provided during the period 24 272 1,929 2,225
Disposals - - (4,110 ) (4,110 )
As at 31 March 2025 2,324 4,637 14,059 21,020
Net Book Value
As at 31 March 2025 75 816 652 1,543
As at 1 April 2024 99 1,088 2,915 4,102
6. Investments
Unlisted
£
Cost
As at 1 April 2024 12,950
As at 31 March 2025 12,950
Provision
As at 1 April 2024 -
As at 31 March 2025 -
...CONTINUED
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Net Book Value
As at 31 March 2025 12,950
As at 1 April 2024 12,950
7. Stocks
2025 2024
£ £
Work in progress 11,423 18,565
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 2,000 17,352
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 248 9,684
Corporation tax (211 ) -
Other taxes and social security 1,276 2,902
VAT 6,714 10,383
Other creditors - 212
Other creditors - pension 430 1,483
Accruals and deferred income 3,176 3,174
Director's loan account 13,305 11,510
24,938 39,348
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5