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 SC438380 Mr Surendra Bhandari iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC438380 2023-12-31 SC438380 2024-12-31 SC438380 2024-01-01 2024-12-31 SC438380 frs-core:CurrentFinancialInstruments 2024-12-31 SC438380 frs-core:Non-currentFinancialInstruments 2024-12-31 SC438380 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC438380 frs-core:FurnitureFittings 2024-12-31 SC438380 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC438380 frs-core:FurnitureFittings 2023-12-31 SC438380 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC438380 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC438380 frs-core:MotorVehicles 2024-12-31 SC438380 frs-core:MotorVehicles 2024-01-01 2024-12-31 SC438380 frs-core:MotorVehicles 2023-12-31 SC438380 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC438380 frs-core:ShareCapital 2024-12-31 SC438380 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC438380 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC438380 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC438380 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC438380 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC438380 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC438380 frs-bus:Director1 2024-01-01 2024-12-31 SC438380 frs-countries:Scotland 2024-01-01 2024-12-31 SC438380 2022-12-31 SC438380 2023-12-31 SC438380 2023-01-01 2023-12-31 SC438380 frs-core:CurrentFinancialInstruments 2023-12-31 SC438380 frs-core:Non-currentFinancialInstruments 2023-12-31 SC438380 frs-core:ShareCapital 2023-12-31 SC438380 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC438380
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2024
Asmita & Associates Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC438380
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 4,560
- 4,560
CURRENT ASSETS
Stocks 5 - 500
Debtors 6 6,862 2,851
Cash at bank and in hand - 7,145
6,862 10,496
Creditors: Amounts Falling Due Within One Year 7 (1,059 ) (3,833 )
NET CURRENT ASSETS (LIABILITIES) 5,803 6,663
TOTAL ASSETS LESS CURRENT LIABILITIES 5,803 11,223
Creditors: Amounts Falling Due After More Than One Year 8 (10,450 ) (10,450 )
NET (LIABILITIES)/ASSETS (4,647 ) 773
CAPITAL AND RESERVES
Called up share capital 9 50,000 50,000
Profit and Loss Account (54,647 ) (49,227 )
SHAREHOLDERS' FUNDS (4,647) 773
Page 1
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 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 Surendra Bhandari
Director
30/09/2025
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
MARYGOLD ENVIRONMENT ASSOCIATES LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC438380 . The registered office is 191 GEORGE STREET, ABERDEEN, AB25 1HX.
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. 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 Straighline method
Leasehold Straighline method
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 8,200 20,997 29,197
As at 31 December 2024 8,200 20,997 29,197
Depreciation
As at 1 January 2024 7,099 17,538 24,637
Impairment losses 1,101 3,459 4,560
As at 31 December 2024 8,200 20,997 29,197
Net Book Value
As at 31 December 2024 - - -
As at 1 January 2024 1,101 3,459 4,560
5. Stocks
2024 2023
£ £
Stock - 500
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 6,862 2,851
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 3,134
Other creditors 1,060 700
Taxation and social security (1 ) (1 )
1,059 3,833
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,450 10,450
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50,000 50,000
Page 4