Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC221388 Mr David Hardy Mr David Hardy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC221388 2024-03-31 SC221388 2025-03-31 SC221388 2024-04-01 2025-03-31 SC221388 frs-core:CurrentFinancialInstruments 2025-03-31 SC221388 frs-core:FurnitureFittings 2025-03-31 SC221388 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC221388 frs-core:FurnitureFittings 2024-03-31 SC221388 frs-core:CapitalRedemptionReserve 2025-03-31 SC221388 frs-core:ShareCapital 2025-03-31 SC221388 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC221388 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC221388 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC221388 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC221388 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC221388 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC221388 frs-core:UnlistedNon-exchangeTraded 2025-03-31 SC221388 frs-core:UnlistedNon-exchangeTraded 2024-03-31 SC221388 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 SC221388 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 SC221388 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 SC221388 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 SC221388 frs-bus:Director1 2024-04-01 2025-03-31 SC221388 frs-bus:Director1 2024-03-31 SC221388 frs-bus:Director1 2025-03-31 SC221388 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 SC221388 frs-countries:Scotland 2024-04-01 2025-03-31 SC221388 2023-03-31 SC221388 2024-03-31 SC221388 2023-04-01 2024-03-31 SC221388 frs-core:CurrentFinancialInstruments 2024-03-31 SC221388 frs-core:CapitalRedemptionReserve 2024-03-31 SC221388 frs-core:ShareCapital 2024-03-31 SC221388 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC221388
Glory Days Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Henderson Kildavaig
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC221388
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,886 1,553
Investments 5 10,655 10,655
12,541 12,208
CURRENT ASSETS
Debtors 6 184,937 70,721
Cash at bank and in hand 741,788 567,224
926,725 637,945
Creditors: Amounts Falling Due Within One Year 7 (451,786 ) (223,115 )
NET CURRENT ASSETS (LIABILITIES) 474,939 414,830
TOTAL ASSETS LESS CURRENT LIABILITIES 487,480 427,038
PROVISIONS FOR LIABILITIES
Deferred Taxation (450 ) (885 )
NET ASSETS 487,030 426,153
CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Capital redemption reserve 300 300
Profit and Loss Account 476,730 415,853
SHAREHOLDERS' FUNDS 487,030 426,153
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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 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 David Hardy
Director
21 August 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
Glory Days Limited is a private company, limited by shares, incorporated in Scotland, registered number SC221388 . The registered office is 18 Queen Street, Edinburgh, EH2 1JX.
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% Straight Line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 3)
5 3
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2024 126,467
Additions 1,942
As at 31 March 2025 128,409
Depreciation
As at 1 April 2024 124,914
Provided during the period 1,609
As at 31 March 2025 126,523
Net Book Value
As at 31 March 2025 1,886
As at 1 April 2024 1,553
5. Investments
Unlisted
£
Cost
As at 1 April 2024 10,655
As at 31 March 2025 10,655
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 10,655
As at 1 April 2024 10,655
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 124,841 1,092
Prepayments and accrued income 1,315 1,306
Other debtors 52,200 52,200
VAT 6,581 7,385
Director's loan account - 8,738
184,937 70,721
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 14,586 13,867
Corporation tax 38,558 36,473
Other taxes and social security 1,487 -
Other creditors - 44,092
Accruals and deferred income 396,049 128,683
Director's loan account 1,106 -
451,786 223,115
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10,000 10,000
9. 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 David Hardy 8,738 51,156 (59,894 ) - -
The above loan is unsecured and payable on demand. Interest is charged at 2.25%
Dividends paid to directors
2025 2024
£ £
Mr David Hardy 61,000 65,000
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