Acorah Software Products - Accounts Production 16.5.460 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 SC739380 Mr Conor McGhie Conor McGhie true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC739380 2024-07-31 SC739380 2025-07-31 SC739380 2024-08-01 2025-07-31 SC739380 frs-core:CurrentFinancialInstruments 2025-07-31 SC739380 frs-core:ComputerEquipment 2025-07-31 SC739380 frs-core:ComputerEquipment 2024-08-01 2025-07-31 SC739380 frs-core:ComputerEquipment 2024-07-31 SC739380 frs-core:MotorVehicles 2025-07-31 SC739380 frs-core:MotorVehicles 2024-08-01 2025-07-31 SC739380 frs-core:MotorVehicles 2024-07-31 SC739380 frs-core:ShareCapital 2025-07-31 SC739380 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 SC739380 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC739380 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 SC739380 frs-bus:SmallEntities 2024-08-01 2025-07-31 SC739380 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 SC739380 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 SC739380 1 2024-08-01 2025-07-31 SC739380 frs-bus:Director1 2024-08-01 2025-07-31 SC739380 frs-bus:Director1 2024-07-31 SC739380 frs-bus:Director1 2025-07-31 SC739380 frs-countries:Scotland 2024-08-01 2025-07-31 SC739380 2023-07-31 SC739380 2024-07-31 SC739380 2023-08-01 2024-07-31 SC739380 frs-core:CurrentFinancialInstruments 2024-07-31 SC739380 frs-core:ShareCapital 2024-07-31 SC739380 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: SC739380
Conor McGhie Plumbing & Heating Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
John McEwan Accounting Services
ACCA
60 Clove Mill Wynd
Larkhall
ML9 1NT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC739380
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,284 13,830
10,284 13,830
CURRENT ASSETS
Stocks 5 240 268
Debtors 6 11,198 6,665
Cash at bank and in hand 8,257 741
19,695 7,674
Creditors: Amounts Falling Due Within One Year 7 (29,896 ) (21,413 )
NET CURRENT ASSETS (LIABILITIES) (10,201 ) (13,739 )
TOTAL ASSETS LESS CURRENT LIABILITIES 83 91
NET ASSETS 83 91
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 73 81
SHAREHOLDERS' FUNDS 83 91
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For the year ending 31 July 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 Conor McGhie
Director
11/09/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Conor McGhie Plumbing & Heating Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC739380 . The registered office is 1 Glen View, Stonehouse, ML9 3JH.
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:
Motor Vehicles 25% reducing balance
Computer Equipment 33% on cost
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.
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2.5. 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: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 August 2024 24,371 360 24,731
As at 31 July 2025 24,371 360 24,731
Depreciation
As at 1 August 2024 10,663 238 10,901
Provided during the period 3,427 119 3,546
As at 31 July 2025 14,090 357 14,447
Net Book Value
As at 31 July 2025 10,281 3 10,284
As at 1 August 2024 13,708 122 13,830
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5. Stocks
2025 2024
£ £
Stock 240 268
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 11,198 3,341
VAT - 3,324
11,198 6,665
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 19,569 11,097
VAT 81 -
Other creditors 5,292 9,132
Accruals and deferred income 1,184 1,184
Director's loan account 3,770 -
29,896 21,413
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
9. Directors Advances, Credits and Guarantees
Included within creditors are the following loans from the director:
As at 1 August 2024 Amounts advanced Amounts repaid Amounts written off As at 31 July 2025
£ £ £ £ £
Mr Conor McGhie - 3,770 - - 3,770
The above loan, which is due to the director,  is unsecured, interest free, has no fixed repayment terms and is repayable on demand.
Dividends paid to directors
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2025 2024
£ £
Mr Conor McGhie 39,200 40,850
10. Ultimate Controlling Party
The company's ultimate controlling party is Conor McGhie by virtue of his ownership of 100% of the issued share capital in the company.
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