Achkeepster Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC192293

Achkeepster Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2024

Achkeepster Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£

Fixed assets

Tangible assets	5		408,871	415,395

Current assets

Debtors	6	450,581	397,994
Cash at bank and in hand		277,601	143,285
		---------	---------
		728,182	541,279

Creditors: amounts falling due within one year	7	( 245,947)		( 174,863)
		---------		---------
Net current assets			482,235	366,416
			---------	---------
Total assets less current liabilities			891,106	781,811

Creditors: amounts falling due after more than one year	8		( 1,200)	( 1,500)

Provisions

Taxation including deferred tax	( 4,210)	( 5,502)
	---------	---------
Net assets	885,696	774,809
	---------	---------

Capital and reserves

Called up share capital	9	1,000	1,000
Profit and loss account		884,696	773,809
		---------	---------
Shareholders funds		885,696	774,809
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Achkeepster Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:

Innes Miller

Director

Company registration number: SC192293

Achkeepster Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 67 Dublin Street, Edinburgh, EH3 6NS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The financial statements have been prepared on a going concern basis. The director has assessed the Company's ability to continue as a going concern and has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing these financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Property improvements	-	10% straight line
Motor Vehicles	-	25% reducing balance
Computer equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument .

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).

5. Tangible assets

Land and buildings	Property improvements	Motor vehicles	Equipment	Total
£	£	£	£	£

Cost
At 1 January 2024 and 31 December 2024	388,647	23,723	66,197	4,190	482,757
	---------	--------	--------	-------	---------
Depreciation
At 1 January 2024	–	20,829	42,343	4,190	67,362
Charge for the year	–	560	5,964	–	6,524
	---------	--------	--------	-------	---------
At 31 December 2024	–	21,389	48,307	4,190	73,886
	---------	--------	--------	-------	---------
Carrying amount
At 31 December 2024	388,647	2,334	17,890	–	408,871
	---------	--------	--------	-------	---------
At 31 December 2023	388,647	2,894	23,854	–	415,395
	---------	--------	--------	-------	---------

6. Debtors

	2024	2023
	£	£

Other debtors	450,581	397,994
	---------	---------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£

Corporation tax	139,048	69,883
Social security and other taxes	13,141	10,872
Other creditors	93,758	94,108
	---------	---------
	245,947	174,863
	---------	---------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£

Other creditors	1,200	1,500
	-------	-------

9. Called up share capital

Issued, called up and fully paid

2024		2023
No.	£	No.	£

A Ordinary Shares shares of £ 0.50 each	1,000	500	1,000	500
B Ordinary Shares shares of £ 0.50 each	1,000	500	1,000	500
	-------	-------	-------	-------
	2,000	1,000	2,000	1,000
	-------	-------	-------	-------

10. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

2024
Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
£	£	£

Innes Miller	( 12,715)	( 3,983)	( 16,698)
Alexandra I Hutchison	81,373	838	82,211
Caroline S Porfiris	44,135	–	44,135
Laura C Miller	44,135	–	44,135
Peter M Miller	44,135	–	44,135
	---------	-------	---------
	201,063	( 3,145)	197,918
	---------	-------	---------

2023
Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
£	£	£

Innes Miller	( 8,720)	( 3,995)	( 12,715)
Alexandra I Hutchison	80,554	819	81,373
Caroline S Porfiris	44,135	–	44,135
Laura C Miller	44,135	–	44,135
Peter M Miller	44,135	–	44,135
	---------	-------	---------
	204,239	( 3,176)	201,063
	---------	-------	---------

The directors' advances are interest free, apart from the loan to Innes Miller and £30,000 of the loan to Alexandra I Hutchison where interest was charged at HMRC's official interest rates. The loans are repayable on demand, and are included within other debtors.