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 07914106 Mr Christopher Groom Mr Samuel Groom iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07914106 2023-12-31 07914106 2024-12-31 07914106 2024-01-01 2024-12-31 07914106 frs-core:CurrentFinancialInstruments 2024-12-31 07914106 frs-core:Non-currentFinancialInstruments 2024-12-31 07914106 frs-core:BetweenOneFiveYears 2024-12-31 07914106 frs-core:MotorVehicles 2024-12-31 07914106 frs-core:MotorVehicles 2024-01-01 2024-12-31 07914106 frs-core:MotorVehicles 2023-12-31 07914106 frs-core:PlantMachinery 2024-12-31 07914106 frs-core:PlantMachinery 2024-01-01 2024-12-31 07914106 frs-core:PlantMachinery 2023-12-31 07914106 frs-core:WithinOneYear 2024-12-31 07914106 frs-core:ShareCapital 2024-12-31 07914106 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07914106 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07914106 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07914106 frs-bus:SmallEntities 2024-01-01 2024-12-31 07914106 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07914106 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07914106 frs-bus:Director1 2024-01-01 2024-12-31 07914106 frs-bus:Director2 2024-01-01 2024-12-31 07914106 frs-countries:EnglandWales 2024-01-01 2024-12-31 07914106 2022-12-31 07914106 2023-12-31 07914106 2023-01-01 2023-12-31 07914106 frs-core:CurrentFinancialInstruments 2023-12-31 07914106 frs-core:Non-currentFinancialInstruments 2023-12-31 07914106 frs-core:BetweenOneFiveYears 2023-12-31 07914106 frs-core:WithinOneYear 2023-12-31 07914106 frs-core:ShareCapital 2023-12-31 07914106 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07914106
SCG Agri Services Ltd
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07914106
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 442,413 324,106
442,413 324,106
CURRENT ASSETS
Stocks 5 63,398 135,789
Debtors 6 583,612 411,527
Cash at bank and in hand 30,033 30,283
677,043 577,599
Creditors: Amounts Falling Due Within One Year 7 (739,122 ) (543,591 )
NET CURRENT ASSETS (LIABILITIES) (62,079 ) 34,008
TOTAL ASSETS LESS CURRENT LIABILITIES 380,334 358,114
Creditors: Amounts Falling Due After More Than One Year 8 (217,763 ) (188,873 )
NET ASSETS 162,571 169,241
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 162,569 169,239
SHAREHOLDERS' FUNDS 162,571 169,241
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Page 2
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 Christopher Groom
Director
24/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SCG Agri Services Ltd Registered number 07914106 is a limited by shares company incorporated in England & Wales. The Registered Office is Red Barn Farm New Delight Road, Rickinghall, Diss, IP22 1LX.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 5)
2 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2024 1,160,835 22,632 1,183,467
Additions 583,525 - 583,525
Disposals (305,895 ) - (305,895 )
As at 31 December 2024 1,438,465 22,632 1,461,097
Depreciation
As at 1 January 2024 837,624 21,737 859,361
Provided during the period 215,556 224 215,780
Disposals (56,457 ) - (56,457 )
As at 31 December 2024 996,723 21,961 1,018,684
Net Book Value
As at 31 December 2024 441,742 671 442,413
As at 1 January 2024 323,211 895 324,106
5. Stocks
2024 2023
£ £
Stock 63,398 135,789
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 583,612 411,527
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 162,355 81,837
Trade creditors 427,539 270,791
Other creditors 55,853 60,801
Taxation and social security 93,375 130,162
739,122 543,591
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 165,297 127,293
Bank loans 52,466 61,580
217,763 188,873
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9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 162,355 81,837
Later than one year and not later than five years 165,297 127,293
327,652 209,130
327,652 209,130
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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