Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC590824 Mr Paton Hamilton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC590824 2023-12-31 SC590824 2024-12-31 SC590824 2024-01-01 2024-12-31 SC590824 frs-core:CurrentFinancialInstruments 2024-12-31 SC590824 frs-core:MotorVehicles 2024-12-31 SC590824 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC590824 frs-core:MotorVehicles 2023-12-31 SC590824 frs-core:PlantMachinery 2024-12-31 SC590824 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC590824 frs-core:PlantMachinery 2023-12-31 SC590824 frs-core:ShareCapital 2024-12-31 SC590824 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC590824 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC590824 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC590824 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC590824 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC590824 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC590824 frs-bus:Director1 2024-01-01 2024-12-31 SC590824 frs-countries:Scotland 2024-01-01 2024-12-31 SC590824 2022-12-31 SC590824 2023-12-31 SC590824 2023-01-01 2023-12-31 SC590824 frs-core:CurrentFinancialInstruments 2023-12-31 SC590824 frs-core:ShareCapital 2023-12-31 SC590824 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC590824
Hamilton's Vehicle Sales Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Ballantyne & Co
Chartered Accountants & Registered Auditors
60 St. Enoch Square
Glasgow
G1 4AG
Hamilton's Vehicle Sales Limited
Contents
Contents

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

Page 1
Hamilton's Vehicle Sales Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: SC590824

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 80,542 |  | 105,065
|  |  | 80,542 |  | 105,065
CURRENT ASSETS
Stocks | 5 | 12,800 |  | 12,800 |
Debtors | 6 | 4,747 |  | - |
Cash at bank and in hand |  | 6,618 |  | 24,123 |
|  | 24,165 |  | 36,923 |
Creditors: Amounts Falling Due Within One Year | 7 | (154,747 ) |  | (142,769 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (130,582 ) |  | (105,846 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (50,040 ) |  | (781 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (3,484 ) |  | (3,484 )
NET LIABILITIES |  |  | (53,524 ) |  | (4,265 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | (53,624 ) |  | (4,365 )
SHAREHOLDERS' FUNDS |  |  | (53,524) |  | (4,265)

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 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 Paton Hamilton Director
12 September 2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Hamilton's Vehicle Sales Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Hamilton's Vehicle Sales Limited is a private company, limited by shares, incorporated in Scotland, registered number SC590824 . The registered office is Caledonia House, 89 Seaward Street, Glasgow, G41 1HJ.
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 | 20%
Motor Vehicles | 25%

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 year was: 2 (2023: 1)
2 1
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 January 2024 | 47,767 | 155,128 | 202,895
As at 31 December 2024 | 47,767 | 155,128 | 202,895
Depreciation
As at 1 January 2024 | 12,899 | 84,931 | 97,830
Provided during the period | 6,974 | 17,549 | 24,523
As at 31 December 2024 | 19,873 | 102,480 | 122,353
Net Book Value
As at 31 December 2024 | 27,894 | 52,648 | 80,542
As at 1 January 2024 | 34,868 | 70,197 | 105,065

Page 2
Page 3
Hamilton's Vehicle Sales Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
5. Stocks

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Stock | 12,800 |  | 12,800

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 100 |  | -
Other debtors | 4,647 |  | -
| 4,747 |  | -

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 2,437 |  | 1,052
Other loans | 7,000 |  | 7,000
Other creditors | 145,310 |  | 132,386
Taxation and social security | - |  | 2,331
| 154,747 |  | 142,769

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 3