Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC589044 Mr W Milne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC589044 2023-12-31 SC589044 2024-12-31 SC589044 2024-01-01 2024-12-31 SC589044 frs-core:CurrentFinancialInstruments 2024-12-31 SC589044 frs-core:ComputerEquipment 2024-12-31 SC589044 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC589044 frs-core:ComputerEquipment 2023-12-31 SC589044 frs-core:MotorVehicles 2024-12-31 SC589044 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC589044 frs-core:MotorVehicles 2023-12-31 SC589044 frs-core:PlantMachinery 2024-12-31 SC589044 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC589044 frs-core:PlantMachinery 2023-12-31 SC589044 frs-core:ShareCapital 2024-12-31 SC589044 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC589044 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC589044 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC589044 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC589044 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC589044 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC589044 frs-bus:Director1 2024-01-01 2024-12-31 SC589044 frs-bus:Director1 2023-12-31 SC589044 frs-bus:Director1 2024-12-31 SC589044 frs-countries:Scotland 2024-01-01 2024-12-31 SC589044 2022-12-31 SC589044 2023-12-31 SC589044 2023-01-01 2023-12-31 SC589044 frs-core:CurrentFinancialInstruments 2023-12-31 SC589044 frs-core:ShareCapital 2023-12-31 SC589044 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC589044
Metaltech UK Profiles Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Nuvo Scotland Limited
Metaltech UK Profiles Ltd
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2
Notes to the Financial Statements | 3—5

Page 1
Metaltech UK Profiles Ltd
Accountants' Report
For The Year Ended 31 December 2024
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Metaltech UK Profiles Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Metaltech UK Profiles Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Metaltech UK Profiles Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Metaltech UK Profiles Ltd and state those matters that we have agreed to state to the director of Metaltech UK Profiles Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Metaltech UK Profiles Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Metaltech UK Profiles Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Metaltech UK Profiles Ltd . You consider that Metaltech UK Profiles Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Metaltech UK Profiles Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

18 September 2025

Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 1
Page 2
Metaltech UK Profiles Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: SC589044

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 394 |  | 8,398
|  |  | 394 |  | 8,398
CURRENT ASSETS
Debtors | 5 | 302,893 |  | 60,412 |
Cash at bank and in hand |  | 113,940 |  | 22,197 |
|  | 416,833 |  | 82,609 |
Creditors: Amounts Falling Due Within One Year | 6 | (909,336 ) |  | (583,116 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (492,503 ) |  | (500,507 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (492,109 ) |  | (492,109 )
NET LIABILITIES |  |  | (492,109 ) |  | (492,109 )
CAPITAL AND RESERVES
Called up share capital |  |  | 100 |  | 100
Profit and Loss Account |  |  | (492,209 ) |  | (492,209 )
SHAREHOLDERS' FUNDS |  |  | (492,109) |  | (492,109)

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 W Milne Director
18 September 2025

The notes on pages 3 to 5 form part of these financial statements.
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Metaltech UK Profiles Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Metaltech UK Profiles Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC589044 . The registered office is Unit 2 Fowler Road, West Pitkerro Industrial Estate, Dundee, DD5 3RU.
The presentation currency of the financial statements is the Pound Sterling (£).
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis on the confirmation from the director that the company will continue to trade for a period of no less than 12 months from the date of this report.
The directors acknowledges the negative balance sheet position and have given assurance that they will continue to support the company in order for it to meet it's obligations as they fall due by making funds available and ensuring that loans from associates are not called on for repayment until the company is in such a position to be able to make repayments.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes and other sales taxes.
2.4. Tangible Fixed Assets and Depreciation
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Assets held under finance leases are depreciated in the same way as owned assets.
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 | 15% on cost
Improvements to Property | 25% on cost
Computer Equipment | 25% on cost

2.5. Financial Instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price
including transaction costs.
Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.
Basic financial liabilities
Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.
Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.
Financial liabilities are derecognised when the company's contractual obligations are discharged.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
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Metaltech UK Profiles Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets

| Plant & Machinery | Improvements to Property | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 January 2024 | 79,447 | 2,812 | 14,585 | 96,844
As at 31 December 2024 | 79,447 | 2,812 | 14,585 | 96,844
Depreciation
As at 1 January 2024 | 71,049 | 2,812 | 14,585 | 88,446
Provided during the period | 8,004 | - | - | 8,004
As at 31 December 2024 | 79,053 | 2,812 | 14,585 | 96,450
Net Book Value
As at 31 December 2024 | 394 | - | - | 394
As at 1 January 2024 | 8,398 | - | - | 8,398

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 302,893 |  | 60,312
Other debtors | - |  | 100
| 302,893 |  | 60,412

6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 6,742 |  | 41,915
Bank loans and overdrafts | 82,407 |  | 23,482
VAT | 119,800 |  | 51,671
Accruals and deferred income | - |  | 2,000
Director's loan account | 64,900 |  | 65,000
Amounts owed to associates | 635,487 |  | 399,048
| 909,336 |  | 583,116

Page 4
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Metaltech UK Profiles Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 January 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 December 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Walter Milne | (65,000 ) | 100 | - | - | (64,900 )

The above loan is interest free and has no fixed repayment terms.
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