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 13055274 Mr S McMillan Mr S Steffens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13055274 2023-12-31 13055274 2024-12-31 13055274 2024-01-01 2024-12-31 13055274 frs-core:CurrentFinancialInstruments 2024-12-31 13055274 frs-core:ShareCapital 2024-12-31 13055274 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13055274 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13055274 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13055274 frs-bus:SmallEntities 2024-01-01 2024-12-31 13055274 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13055274 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13055274 frs-bus:Director1 2024-01-01 2024-12-31 13055274 frs-bus:Director1 2023-12-31 13055274 frs-bus:Director1 2024-12-31 13055274 frs-bus:Director2 2024-01-01 2024-12-31 13055274 frs-bus:Director2 2023-12-31 13055274 frs-bus:Director2 2024-12-31 13055274 frs-countries:EnglandWales 2024-01-01 2024-12-31 13055274 2022-12-31 13055274 2023-12-31 13055274 2023-01-01 2023-12-31 13055274 frs-core:CurrentFinancialInstruments 2023-12-31 13055274 frs-core:ShareCapital 2023-12-31 13055274 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13055274
Hat Seven Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Nuvo Scotland Limited
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Hat Seven 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 Hat Seven 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 directors of Hat Seven 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 Hat Seven Ltd and state those matters that we have agreed to state to the directors of Hat Seven 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 Hat Seven Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Hat Seven 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 Hat Seven Ltd . You consider that Hat Seven 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 Hat Seven 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.
23 September 2025
Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 1
Page 2
Balance Sheet
Registered number: 13055274
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 132,409 126,152
Cash at bank and in hand 3,293 1,519
135,702 127,671
Creditors: Amounts Falling Due Within One Year 5 (129,849 ) (29,892 )
NET CURRENT ASSETS (LIABILITIES) 5,853 97,779
TOTAL ASSETS LESS CURRENT LIABILITIES 5,853 97,779
NET ASSETS 5,853 97,779
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 5,753 97,679
SHAREHOLDERS' FUNDS 5,853 97,779
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 S McMillan
Director
23 September 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hat Seven Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13055274 . The registered office is 71-75 Shelton Street, Covent Garden, LONDON, WC2H 9JQ.
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. Turnover
Turnover is stated net of VAT and discounts.Turnover derived from web hosting activities represents the value of services provided under contract to the extent that there is a right to consideration and is recorded at the value of the consideration due.
2.3. 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.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 130,450 118,402
Directors' loan accounts 1,959 7,750
132,409 126,152
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 43,099 26,782
VAT 3,039 898
Accruals and deferred income 83,087 1,900
Directors' loan accounts 624 312
129,849 29,892
6. 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 Scott McMillan (312 ) - (312 ) - (624 )
Mr Sascha Steffens 7,750 6,006 (11,797 ) - 1,959
The above loans are interest free and have no fixed repayment terms.
Page 4