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 SC390097 Mr Jacky Tait Mrs Melissa Tait Mrs Diane Tait iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC390097 2023-12-31 SC390097 2024-12-31 SC390097 2024-01-01 2024-12-31 SC390097 frs-core:CurrentFinancialInstruments 2024-12-31 SC390097 frs-core:ComputerEquipment 2024-12-31 SC390097 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC390097 frs-core:ComputerEquipment 2023-12-31 SC390097 frs-core:MotorVehicles 2024-12-31 SC390097 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC390097 frs-core:MotorVehicles 2023-12-31 SC390097 frs-core:ShareCapital 2024-12-31 SC390097 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC390097 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC390097 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC390097 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC390097 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC390097 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC390097 frs-bus:Director1 2024-01-01 2024-12-31 SC390097 frs-bus:Director2 2024-01-01 2024-12-31 SC390097 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 SC390097 frs-countries:Scotland 2024-01-01 2024-12-31 SC390097 2022-12-31 SC390097 2023-12-31 SC390097 2023-01-01 2023-12-31 SC390097 frs-core:CurrentFinancialInstruments 2023-12-31 SC390097 frs-core:ShareCapital 2023-12-31 SC390097 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC390097
Snakeyes Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
M Squared Accountants Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC390097
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 815 1,087
815 1,087
CURRENT ASSETS
Debtors 5 - 2,577
Cash at bank and in hand 6 1,452
6 4,029
Creditors: Amounts Falling Due Within One Year 6 (30,560 ) (33,906 )
NET CURRENT ASSETS (LIABILITIES) (30,554 ) (29,877 )
TOTAL ASSETS LESS CURRENT LIABILITIES (29,739 ) (28,790 )
NET LIABILITIES (29,739 ) (28,790 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (29,839 ) (28,890 )
SHAREHOLDERS' FUNDS (29,739) (28,790)
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 Jacky Tait
Director
17/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Snakeyes Limited is a private company, limited by shares, incorporated in Scotland, registered number SC390097 . The registered office is 3 Fraser Crescent, Inverallochy, Fraserburgh, Aberdeenshire, AB43 8YG.
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. 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:
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.3. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 1 (2023: NIL)
1 -
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 18,000 2,956 20,956
As at 31 December 2024 18,000 2,956 20,956
Depreciation
As at 1 January 2024 17,240 2,629 19,869
Provided during the period 190 82 272
As at 31 December 2024 17,430 2,711 20,141
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 December 2024 570 245 815
As at 1 January 2024 760 327 1,087
5. Debtors
2024 2023
£ £
Due within one year
Other taxes and social security - 2,577
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 5,331
Accruals and deferred income 821 1,071
Directors' loan accounts 29,739 27,504
30,560 33,906
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3