Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC335247 Mrs A Falconer Mrs H Johnstone Mr A Shand Mr G Shand Mrs L Wright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC335247 2023-12-31 SC335247 2024-12-31 SC335247 2024-01-01 2024-12-31 SC335247 frs-core:CurrentFinancialInstruments 2024-12-31 SC335247 frs-core:ShareCapital 2024-12-31 SC335247 frs-core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 SC335247 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC335247 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC335247 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC335247 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC335247 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC335247 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC335247 frs-bus:Director1 2024-01-01 2024-12-31 SC335247 frs-bus:Director1 2023-12-31 SC335247 frs-bus:Director1 2024-12-31 SC335247 frs-bus:Director2 2024-01-01 2024-12-31 SC335247 frs-bus:Director3 2024-01-01 2024-12-31 SC335247 frs-bus:Director4 2024-01-01 2024-12-31 SC335247 frs-bus:Director5 2024-01-01 2024-12-31 SC335247 frs-countries:Scotland 2024-01-01 2024-12-31 SC335247 2022-12-31 SC335247 2023-12-31 SC335247 2023-01-01 2023-12-31 SC335247 frs-core:CurrentFinancialInstruments 2023-12-31 SC335247 frs-core:ShareCapital 2022-12-31 SC335247 frs-core:ShareCapital 2023-12-31 SC335247 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 SC335247 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-12-31 SC335247 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC335247
Findon Land Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Nuvo Scotland Limited
Contents
Page
Company Information 1
Accountants' Report 2
Balance Sheet 3
Statement of Changes in Equity 4
Notes to the Financial Statements 5—6
Page 1
Company Information
Directors Mrs A Falconer
Mrs H Johnstone
Mr A Shand
Mr G Shand
Mrs L Wright
Company Number SC335247
Registered Office Causeyport
Portlethen
Aberdeen
AB12 4RT
Accountants Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 1
Page 2
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Findon Land Limited 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 Findon Land Limited 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 Findon Land Limited , 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 Findon Land Limited and state those matters that we have agreed to state to the directors of Findon Land Limited , 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 Findon Land Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Findon Land Limited 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 Findon Land Limited . You consider that Findon Land Limited 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 Findon Land Limited . 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.
16 September 2025
Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 2
Page 3
Balance Sheet
Registered number: SC335247
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 275,000 275,000
Debtors 5 5 5
Cash at bank and in hand 2,030 2,030
277,035 277,035
Creditors: Amounts Falling Due Within One Year 6 (606,522 ) (605,508 )
NET CURRENT ASSETS (LIABILITIES) (329,487 ) (328,473 )
TOTAL ASSETS LESS CURRENT LIABILITIES (329,487 ) (328,473 )
NET LIABILITIES (329,487 ) (328,473 )
CAPITAL AND RESERVES
Called up share capital 5 5
Profit and Loss Account (329,492 ) (328,478 )
SHAREHOLDERS' FUNDS (329,487) (328,473)
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 A Shand
Director
13 September 2025
The notes on pages 5 to 6 form part of these financial statements.
Page 3
Page 4
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2023 5 (326,528 ) (326,523)
Loss for the year and total comprehensive income - (1,950 ) (1,950)
As at 31 December 2023 and 1 January 2024 5 (328,478 ) (328,473)
Loss for the year and total comprehensive income - (1,014 ) (1,014)
As at 31 December 2024 5 (329,492 ) (329,487)
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Findon Land Limited is a private company, limited by shares, incorporated in Scotland, registered number SC335247 . The registered office is Causeyport, Portlethen, Aberdeen, AB12 4RT.
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. Stocks and Work in Progress
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.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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. Stocks
2024 2023
£ £
Work in progress 275,000 275,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 5 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,014 1,440
Directors' loan accounts 605,508 604,068
606,522 605,508
Page 5
Page 6
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 Alexander Shand (604,068 ) - (1,440 ) - (605,508 )
The above loan is interest free and has no fixed repayment terms.
Page 6