Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 SC652614 Mr Paul Clark true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC652614 2024-01-31 SC652614 2025-01-31 SC652614 2024-02-01 2025-01-31 SC652614 frs-core:CurrentFinancialInstruments 2025-01-31 SC652614 frs-core:ComputerEquipment 2025-01-31 SC652614 frs-core:ComputerEquipment 2024-02-01 2025-01-31 SC652614 frs-core:ComputerEquipment 2024-01-31 SC652614 frs-core:ShareCapital 2025-01-31 SC652614 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC652614 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC652614 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 SC652614 frs-bus:SmallEntities 2024-02-01 2025-01-31 SC652614 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC652614 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC652614 1 2024-02-01 2025-01-31 SC652614 frs-core:DeferredTaxation 2024-02-01 2025-01-31 SC652614 frs-core:DeferredTaxation 2024-01-31 SC652614 frs-core:DeferredTaxation 2025-01-31 SC652614 frs-bus:Director1 2024-02-01 2025-01-31 SC652614 frs-countries:Scotland 2024-02-01 2025-01-31 SC652614 2023-01-31 SC652614 2024-01-31 SC652614 2023-02-01 2024-01-31 SC652614 frs-core:CurrentFinancialInstruments 2024-01-31 SC652614 frs-core:ShareCapital 2024-01-31 SC652614 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: SC652614
Aquila Management Services Estates Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Calculus Accountants (Scotland) Ltd
10 Avonhead Road
Condorrat
Glasgow
G67 4RA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: SC652614
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,877 2,347
1,877 2,347
CURRENT ASSETS
Debtors 5 6,089 2,440
Cash at bank and in hand 35,864 29,937
41,953 32,377
Creditors: Amounts Falling Due Within One Year 6 (28,501 ) (27,091 )
NET CURRENT ASSETS (LIABILITIES) 13,452 5,286
TOTAL ASSETS LESS CURRENT LIABILITIES 15,329 7,633
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (357 ) (446 )
NET ASSETS 14,972 7,187
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 13,972 6,187
SHAREHOLDERS' FUNDS 14,972 7,187
For the year ending 31 January 2025 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 Paul Clark
Director
03/10/2025
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Aquila Management Services Estates Limited is a private company, limited by shares, incorporated in Scotland, registered number SC652614 . The registered office is 98 High Street, Airdrie, ML6 0DX.
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 if relevant. Turnover includes revenue earned from the rendering of estate agency services and referral fees and commissions. 
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. 
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:
Computer Equipment 20% - reducing balance basis
2.4. 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 year 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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2024 2,967
As at 31 January 2025 2,967
Depreciation
As at 1 February 2024 620
Provided during the period 470
As at 31 January 2025 1,090
Net Book Value
As at 31 January 2025 1,877
As at 1 February 2024 2,347
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 6,089 2,440
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,544 11,530
Corporation tax 1,916 1,005
Accrued charges 424 433
Director's loan account 15,617 14,123
28,501 27,091
The directors loan account is unsecured, interest free and has no fixed terms of repayment.
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 357 446
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 February 2024 446 446
Utilised (89 ) (89)
Balance at 31 January 2025 357 357
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Ultimate Controlling Party
The company's ultimate controlling party is the director Paul Clark by virtue of his ownership of 100% of the issued share capital in the company.
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