Acorah Software Products - Accounts Production 16.5.460 false true true 31 October 2023 16 October 2022 false 1 November 2023 31 October 2024 31 October 2024 SC747457 Mr Kieran Woods Mr Adam Alzadjally Mr Stewart Weir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC747457 2023-10-31 SC747457 2024-10-31 SC747457 2023-11-01 2024-10-31 SC747457 frs-core:CurrentFinancialInstruments 2024-10-31 SC747457 frs-core:ShareCapital 2024-10-31 SC747457 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC747457 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 SC747457 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 SC747457 frs-bus:SmallEntities 2023-11-01 2024-10-31 SC747457 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 SC747457 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 SC747457 frs-bus:Director1 2023-11-01 2024-10-31 SC747457 frs-bus:Director2 2023-11-01 2024-10-31 SC747457 frs-bus:Director3 2023-11-01 2024-10-31 SC747457 frs-countries:Scotland 2023-11-01 2024-10-31 SC747457 2022-10-15 SC747457 2023-10-31 SC747457 2022-10-16 2023-10-31 SC747457 frs-core:CurrentFinancialInstruments 2023-10-31 SC747457 frs-core:ShareCapital 2023-10-31 SC747457 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: SC747457
Bandits Inc. Ltd
Financial Statements
For The Year Ended 31 October 2024
Bandits Inc. Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Bandits Inc. Ltd
Balance Sheet
As At 31 October 2024
Balance Sheet
Registered number: SC747457

| 31 October 2024 | 31 October 2023
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | 18,547 |  | 22,047 |
Debtors | 5 | - |  | 6,066 |
Cash at bank and in hand |  | 802 |  | 7,639 |
|  | 19,349 |  | 35,752 |
Creditors: Amounts Falling Due Within One Year | 6 | (38,638 ) |  | (30,017 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (19,289 ) |  | 5,735
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (19,289 ) |  | 5,735
NET (LIABILITIES)/ASSETS |  |  | (19,289 ) |  | 5,735
CAPITAL AND RESERVES
Called up share capital | 7 |  | 12,000 |  | 12,000
Profit and Loss Account |  |  | (31,289 ) |  | (6,265 )
SHAREHOLDERS' FUNDS |  |  | (19,289) |  | 5,735

For the year ending 31 October 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 Kieran Woods Director | Mr Adam Alzadjally Director | Mr Stewart Weir Director
08/10/2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Bandits Inc. Ltd
Notes to the Financial Statements
For The Year Ended 31 October 2024
Notes to the Financial Statements
1. General Information
Bandits Inc. Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC747457 . The registered office is Morris Park, Unit 67, Glasgow, Glasgow City, G5 0YE.
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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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. 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. Stocks

| 31 October 2024 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
Stock | 18,547 |  | 22,047

5. Debtors

| 31 October 2024 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
VAT | - |  | 6,066

Page 2
Page 3
Bandits Inc. Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2024
6. Creditors: Amounts Falling Due Within One Year

| 31 October 2024 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 359 |  | 11,385
VAT | 333 |  | -
Other creditors | 5,260 |  | 5,260
Accruals and deferred income | 400 |  | 400
Directors' loan accounts | 32,286 |  | 12,972
| 38,638 |  | 30,017

7. Share Capital

| 31 October 2024 |  | 31 October 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 12,000 |  | 12,000

Page 3