Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 27 June 2025 1 January 2024 31 December 2024 31 December 2024 SC198912 Mr Kevin Lange iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC198912 2023-12-31 SC198912 2024-12-31 SC198912 2024-01-01 2024-12-31 SC198912 frs-core:CurrentFinancialInstruments 2024-12-31 SC198912 frs-core:ComputerEquipment 2024-12-31 SC198912 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC198912 frs-core:ComputerEquipment 2023-12-31 SC198912 frs-core:FurnitureFittings 2024-12-31 SC198912 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC198912 frs-core:FurnitureFittings 2023-12-31 SC198912 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 SC198912 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC198912 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 SC198912 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 SC198912 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC198912 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 SC198912 frs-core:MotorVehicles 2024-12-31 SC198912 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC198912 frs-core:MotorVehicles 2023-12-31 SC198912 frs-core:PlantMachinery 2024-12-31 SC198912 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC198912 frs-core:PlantMachinery 2023-12-31 SC198912 frs-core:RevaluationReserve 2023-12-31 SC198912 frs-core:RevaluationReserve 2024-12-31 SC198912 frs-core:ShareCapital 2024-12-31 SC198912 frs-core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 SC198912 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC198912 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC198912 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC198912 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC198912 frs-bus:Audited 2024-01-01 2024-12-31 SC198912 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC198912 frs-bus:Director1 2024-01-01 2024-12-31 SC198912 frs-countries:Scotland 2024-01-01 2024-12-31 SC198912 2022-12-31 SC198912 2023-12-31 SC198912 2023-01-01 2023-12-31 SC198912 frs-core:CurrentFinancialInstruments 2023-12-31 SC198912 frs-core:RevaluationReserve 2022-12-31 SC198912 frs-core:RevaluationReserve 2023-12-31 SC198912 frs-core:ShareCapital 2022-12-31 SC198912 frs-core:ShareCapital 2023-12-31 SC198912 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 SC198912 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-12-31 SC198912 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC198912
Moness Group Limited
Financial Statements
For The Year Ended 31 December 2024
Ballantyne & Co
Chartered Accountants & Registered Auditors
60 St. Enoch Square
Glasgow
G1 4AG
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC198912
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,678,894 5,022,870
4,678,894 5,022,870
CURRENT ASSETS
Stocks 5 - 23,601
Debtors 6 7,983 90,449
Cash at bank and in hand 132,197 169,791
140,180 283,841
Creditors: Amounts Falling Due Within One Year 7 (271,783 ) (824,784 )
NET CURRENT ASSETS (LIABILITIES) (131,603 ) (540,943 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,547,291 4,481,927
PROVISIONS FOR LIABILITIES
Deferred Taxation (273,363 ) (303,069 )
NET ASSETS 4,273,928 4,178,858
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 660,000 660,000
Profit and Loss Account 3,613,828 3,518,758
SHAREHOLDERS' FUNDS 4,273,928 4,178,858
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 Kevin Lange
Director
27 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Revaluation reserve Profit and Loss Account Total
£ £ £ £
As at 1 January 2023 100 660,000 3,564,721 4,224,821
Loss for the year and total comprehensive income - - (45,963 ) (45,963)
As at 31 December 2023 and 1 January 2024 100 660,000 3,518,758 4,178,858
Profit for the year and total comprehensive income - - 95,070 95,070
As at 31 December 2024 100 660,000 3,613,828 4,273,928
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Notes to the Financial Statements
1. General Information
Moness Group Limited is a private company, limited by shares, incorporated in Scotland, registered number SC198912 . The registered office is Moness Resort, Crieff Road, Aberfeldy, Perthshire, PH15 2DY.
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 2% straight line
Leasehold 10 years and 5 years straight line
Plant & Machinery 25% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 15%, 3 years, 10 years, 20 years straight line
Computer Equipment 25% straight line
2.4. 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.
2.5. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 63 (2023: 61)
63 61
4. Tangible Assets
Land & Property
Freehold Leasehold Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 January 2024 5,483,946 592,518 2,275 5,499
Additions - 35,166 - -
Disposals - - (2,275 ) (5,499 )
As at 31 December 2024 5,483,946 627,684 - -
Depreciation
As at 1 January 2024 1,095,845 175,854 1,554 3,942
Provided during the period 103,397 57,640 120 275
Disposals - - (1,674 ) (4,217 )
As at 31 December 2024 1,199,242 233,494 - -
Net Book Value
As at 31 December 2024 4,284,704 394,190 - -
As at 1 January 2024 4,388,101 416,664 721 1,557
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 996,869 234,308 7,315,415
Additions 817 631 36,614
Disposals (997,686 ) (234,939 ) (1,240,399 )
As at 31 December 2024 - - 6,111,630
Depreciation
As at 1 January 2024 831,903 183,447 2,292,545
Provided during the period 18,085 6,481 185,998
Disposals (849,988 ) (189,928 ) (1,045,807 )
As at 31 December 2024 - - 1,432,736
Net Book Value
As at 31 December 2024 - - 4,678,894
As at 1 January 2024 164,966 50,861 5,022,870
5. Stocks
2024 2023
£ £
Stock - 23,601
Page 4
Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 6,772
Prepayments and accrued income - 7,439
Other debtors 67 76,238
VAT 7,916 -
7,983 90,449
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,997 102,242
Corporation tax - 162,538
Other taxes and social security - 23,604
VAT - 129,803
Other creditors 189,226 5,980
Accruals and deferred income 5,500 400,617
Amounts owed to group undertakings 68,060 -
271,783 824,784
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 January 2024 660,000
As at 31 December 2024 660,000
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Audit Information
The auditor's report on the accounts of Moness Group Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by DALVIR JOHAL (Senior Statutory Auditor) for and on behalf of BALLANTYNE & COMPANY LIMITED , Statutory Auditor.
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