Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 April 2023 false 1 January 2024 31 December 2024 31 December 2024 SC605585 Mr H D Grant Miss C R Anderson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC605585 2023-12-31 SC605585 2024-12-31 SC605585 2024-01-01 2024-12-31 SC605585 frs-core:CurrentFinancialInstruments 2024-12-31 SC605585 frs-core:Non-currentFinancialInstruments 2024-12-31 SC605585 frs-core:ComputerEquipment 2024-12-31 SC605585 frs-core:ComputerEquipment 2024-01-01 2024-12-31 SC605585 frs-core:ComputerEquipment 2023-12-31 SC605585 frs-core:FurnitureFittings 2024-12-31 SC605585 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC605585 frs-core:FurnitureFittings 2023-12-31 SC605585 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 SC605585 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC605585 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 SC605585 frs-core:ShareCapital 2024-12-31 SC605585 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC605585 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC605585 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC605585 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC605585 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC605585 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC605585 frs-bus:Director1 2024-01-01 2024-12-31 SC605585 frs-bus:Director2 2024-01-01 2024-12-31 SC605585 frs-countries:Scotland 2024-01-01 2024-12-31 SC605585 2023-03-31 SC605585 2023-12-31 SC605585 2023-04-01 2023-12-31 SC605585 frs-core:CurrentFinancialInstruments 2023-12-31 SC605585 frs-core:Non-currentFinancialInstruments 2023-12-31 SC605585 frs-core:ShareCapital 2023-12-31 SC605585 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC605585
Treen Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Sense Accounting Limited
36 Bruntsfield Place
Edinburgh
EH10 4HJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC605585
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 66,342 75,855
66,342 75,855
CURRENT ASSETS
Stock 5 114,151 69,729
Debtors 6 60,484 38,942
Cash at bank and in hand 52,760 9,492
227,395 118,163
Creditors: Amounts Falling Due Within One Year 7 (321,526 ) (238,313 )
NET CURRENT ASSETS (LIABILITIES) (94,131 ) (120,150 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,789 ) (44,295 )
Creditors: Amounts Falling Due After More Than One Year 8 (9,305 ) (21,625 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,277 ) (3,571 )
NET LIABILITIES (40,371 ) (69,491 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (40,471 ) (69,591 )
SHAREHOLDERS' FUNDS (40,371) (69,491)
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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
Miss C R Anderson
Director
30 September 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Treen Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC605585 . The registered office is 2-4 St. Stephen Place, Edinburgh, City Of Edinburgh, EH3 5AJ.
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 directors have carried out an assessment of the going concern position of the company, including consideration of the company's net liability position. With their continued support, the directors have concluded that they have a reasonable expectation that the company has adequate access to resources to continue as a going concern for a period of at least 12 months. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.
2.3. 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.
2.4. 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:
Leasehold Straight line 10 years
Fixtures & Fittings 20% Straight line
Computer Equipment 33.33% Straight line
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.
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2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 97,343 6,632 3,125 107,100
Additions - 1,500 916 2,416
As at 31 December 2024 97,343 8,132 4,041 109,516
Depreciation
As at 1 January 2024 27,509 1,199 2,537 31,245
Provided during the period 9,734 1,480 715 11,929
As at 31 December 2024 37,243 2,679 3,252 43,174
Net Book Value
As at 31 December 2024 60,100 5,453 789 66,342
As at 1 January 2024 69,834 5,433 588 75,855
5. Stock
31 December 2024 31 December 2023
£ £
Stock 114,151 69,729
6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 17,527 15,027
Prepayments and accrued income 36,916 18,165
Other debtors 6,041 5,750
60,484 38,942
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7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 126,241 25,533
Bank loans and overdrafts 7,250 7,250
Other loans 6,646 6,000
Other taxes and social security 1,621 1,152
VAT 13,970 14,374
Other creditors 66,396 62,754
Accruals and deferred income 4,039 1,250
Directors' loan accounts 71,654 69,555
Amounts owed to related parties 23,709 50,445
321,526 238,313
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Bank loans 3,625 10,875
Other loans 5,680 10,750
9,305 21,625
9. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
As at 31 December 2024, the amount owed to C R Anderson by the company was £43,039 (2023: £40,939) and the amount owed to H D Grant was £28,615 (2023: £28,616).
As at 31 December 2024, the company owed East Mains Capital Advisory Limited £23,709 (2023: £50,445), a company with a common director. 
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