Acorah Software Products - Accounts Production 16.5.460 false true false 19 December 2023 31 December 2024 31 December 2024 SC792886 Ms Betel Shanko iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC792886 2023-12-18 SC792886 2024-12-31 SC792886 2023-12-19 2024-12-31 SC792886 frs-core:PlantMachinery 2024-12-31 SC792886 frs-core:PlantMachinery 2023-12-19 2024-12-31 SC792886 frs-core:PlantMachinery 2023-12-18 SC792886 frs-core:ShareCapital 2024-12-31 SC792886 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC792886 frs-bus:PrivateLimitedCompanyLtd 2023-12-19 2024-12-31 SC792886 frs-bus:FilletedAccounts 2023-12-19 2024-12-31 SC792886 frs-bus:SmallEntities 2023-12-19 2024-12-31 SC792886 frs-bus:AuditExempt-NoAccountantsReport 2023-12-19 2024-12-31 SC792886 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-19 2024-12-31 SC792886 frs-bus:Director1 2023-12-19 2024-12-31 SC792886 frs-countries:Scotland 2023-12-19 2024-12-31
Registered number: SC792886
Thor & Freya Of Orkney Ltd
Financial Statements
For the Period 19 December 2023 to 31 December 2024
Orcadia
Chartered Accountants
1-3 East Road
Kirkwall
Orkney
KW15 1HZ
Thor & Freya Of Orkney Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Thor & Freya Of Orkney Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: SC792886

| 31 December 2024
--- | ---
| Notes | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,759
|  |  | 1,759
CURRENT ASSETS
Stocks | 5 | 150 |
Cash at bank and in hand |  | 653 |
|  | 803 |
Creditors: Amounts Falling Due Within One Year | 6 | (3,574 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (2,771 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (1,012 )
NET LIABILITIES |  |  | (1,012 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1
Profit and Loss Account |  |  | (1,013 )
SHAREHOLDERS' FUNDS |  |  | (1,012)

Page 1
Page 2
Thor & Freya Of Orkney Ltd
Balance Sheet (continued)
As At 31 December 2024
For the period 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 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

Ms Betel Shanko Director
10 September 2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Thor & Freya Of Orkney Ltd
Notes to the Financial Statements
For the Period 19 December 2023 to 31 December 2024
Notes to the Financial Statements
1. General Information
Thor & Freya Of Orkney Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC792886 . The registered office is 9 Castlehame Park, Kirkwall, Orkney, KW15 1XZ.
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:

Plant & Machinery | 25% on reducing balance

2.4. 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 period was: NIL
-
Page 3
Page 4
Thor & Freya Of Orkney Ltd
Notes to the Financial Statements (continued)
For the Period 19 December 2023 to 31 December 2024
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 19 December 2023 | -
Additions | 2,136
As at 31 December 2024 | 2,136
Depreciation
As at 19 December 2023 | -
Provided during the period | 377
As at 31 December 2024 | 377
Net Book Value
As at 31 December 2024 | 1,759
As at 19 December 2023 | -

5. Stocks

| 31 December 2024
--- | ---
| £
Stock | 150

6. Creditors: Amounts Falling Due Within One Year

| 31 December 2024
--- | ---
| £
Other creditors | 3,574

7. Share Capital

| 31 December 2024
--- | ---
| £
Allotted, Called up and fully paid | 1

Page 4