Acorah Software Products - Accounts Production 16.5.460 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 SC675204 Mr Antonia Vezza iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC675204 2023-09-30 SC675204 2024-09-30 SC675204 2023-10-01 2024-09-30 SC675204 frs-core:CurrentFinancialInstruments 2024-09-30 SC675204 frs-core:Non-currentFinancialInstruments 2024-09-30 SC675204 frs-core:FurnitureFittings 2024-09-30 SC675204 frs-core:FurnitureFittings 2023-10-01 2024-09-30 SC675204 frs-core:FurnitureFittings 2023-09-30 SC675204 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-09-30 SC675204 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 SC675204 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 SC675204 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 SC675204 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC675204 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 SC675204 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC675204 frs-core:PlantMachinery 2024-09-30 SC675204 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC675204 frs-core:PlantMachinery 2023-09-30 SC675204 frs-core:ShareCapital 2024-09-30 SC675204 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC675204 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC675204 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC675204 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC675204 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC675204 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC675204 frs-bus:Director1 2023-10-01 2024-09-30 SC675204 frs-core:CurrentFinancialInstruments 1 2024-09-30 SC675204 frs-countries:Scotland 2023-10-01 2024-09-30 SC675204 2022-09-30 SC675204 2023-09-30 SC675204 2022-10-01 2023-09-30 SC675204 frs-core:CurrentFinancialInstruments 2023-09-30 SC675204 frs-core:Non-currentFinancialInstruments 2023-09-30 SC675204 frs-core:ShareCapital 2023-09-30 SC675204 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 SC675204 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: SC675204
Sevv LTD
Financial Statements
For The Year Ended 30 September 2024
KENNETH PHILLIPS & CO
24 Spiers Wharf
GLASGOW
G4 9TB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC675204
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 179,393 218,857
179,393 218,857
CURRENT ASSETS
Debtors 5 327,296 323,512
Cash at bank and in hand 218 1,576
327,514 325,088
Creditors: Amounts Falling Due Within One Year 6 (466,935 ) (504,888 )
NET CURRENT ASSETS (LIABILITIES) (139,421 ) (179,800 )
TOTAL ASSETS LESS CURRENT LIABILITIES 39,972 39,057
Creditors: Amounts Falling Due After More Than One Year 7 (76,386 ) (80,646 )
NET LIABILITIES (36,414 ) (41,589 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (36,415 ) (41,590 )
SHAREHOLDERS' FUNDS (36,414) (41,589)
Page 1
Page 2
For the year ending 30 September 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 Antonia Vezza
Director
30th June 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
Sevv LTD is a private company, limited by shares, incorporated in Scotland, registered number SC675204 . The registered office is 137 Shawbridge Street, Glasgow, Scotland, G43 1QQ.
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:
Freehold NA
Leasehold NA
Plant & Machinery 5 YEARS
Motor Vehicles 5 YEARS
Fixtures & Fittings 5 YEARS
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 October 2023 163,500 26,964 2,818 44,504 237,786
Disposals - (30,000 ) - - (30,000 )
As at 30 September 2024 163,500 (3,036 ) 2,818 44,504 207,786
Depreciation
As at 1 October 2023 - - 1,127 17,802 18,929
Provided during the period - - 564 8,900 9,464
As at 30 September 2024 - - 1,691 26,702 28,393
Net Book Value
As at 30 September 2024 163,500 (3,036 ) 1,127 17,802 179,393
As at 1 October 2023 163,500 26,964 1,691 26,702 218,857
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 327,296 323,512
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors (1) 351,508 390,461
Accruals and deferred income 4,990 3,790
Director's loan account 110,437 110,637
466,935 504,888
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 76,386 80,646
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4