Acorah Software Products - Accounts Production 16.5.460 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 SC700439 Mrs F Weir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC700439 2024-06-30 SC700439 2025-06-30 SC700439 2024-07-01 2025-06-30 SC700439 frs-core:CurrentFinancialInstruments 2025-06-30 SC700439 frs-core:Non-currentFinancialInstruments 2025-06-30 SC700439 frs-core:BetweenOneFiveYears 2025-06-30 SC700439 frs-core:ComputerEquipment 2025-06-30 SC700439 frs-core:ComputerEquipment 2024-07-01 2025-06-30 SC700439 frs-core:ComputerEquipment 2024-06-30 SC700439 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-30 SC700439 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 SC700439 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 SC700439 frs-core:PlantMachinery 2025-06-30 SC700439 frs-core:PlantMachinery 2024-07-01 2025-06-30 SC700439 frs-core:PlantMachinery 2024-06-30 SC700439 frs-core:WithinOneYear 2025-06-30 SC700439 frs-core:ShareCapital 2025-06-30 SC700439 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 SC700439 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC700439 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 SC700439 frs-bus:SmallEntities 2024-07-01 2025-06-30 SC700439 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC700439 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC700439 frs-bus:Director1 2024-07-01 2025-06-30 SC700439 frs-countries:Scotland 2024-07-01 2025-06-30 SC700439 2023-06-30 SC700439 2024-06-30 SC700439 2023-07-01 2024-06-30 SC700439 frs-core:CurrentFinancialInstruments 2024-06-30 SC700439 frs-core:Non-currentFinancialInstruments 2024-06-30 SC700439 frs-core:BetweenOneFiveYears 2024-06-30 SC700439 frs-core:WithinOneYear 2024-06-30 SC700439 frs-core:ShareCapital 2024-06-30 SC700439 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
The Country Park Inn Mintlaw Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC700439
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 62,651 66,342
62,651 66,342
CURRENT ASSETS
Stocks 5 10,100 9,350
Debtors 6 - 5,638
Cash at bank and in hand 61,234 75,212
71,334 90,200
Creditors: Amounts Falling Due Within One Year 7 (61,710 ) (61,814 )
NET CURRENT ASSETS (LIABILITIES) 9,624 28,386
TOTAL ASSETS LESS CURRENT LIABILITIES 72,275 94,728
Creditors: Amounts Falling Due After More Than One Year 8 (23,900 ) (29,100 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,743 ) (7,573 )
NET ASSETS 41,632 58,055
CAPITAL AND RESERVES
Called up share capital 10 10 10
Profit and Loss Account 41,622 58,045
SHAREHOLDERS' FUNDS 41,632 58,055
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Page 2
For the year ending 30 June 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 her 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
Mrs F Weir
Director
8th October 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Country Park Inn Mintlaw Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC700439 . The registered office is Station Road, Mintlaw, Peterhead, Abredeenshire, AB42 5EB.
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 nil
Plant & Machinery 25% on reducing balance
Computer Equipment 33% cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2024: 22)
17 22
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2024 26,484 79,180 525 106,189
Additions - 8,626 71 8,697
Disposals - (533 ) - (533 )
As at 30 June 2025 26,484 87,273 596 114,353
Depreciation
As at 1 July 2024 - 39,631 216 39,847
Provided during the period - 11,960 95 12,055
Disposals - (200 ) - (200 )
As at 30 June 2025 - 51,391 311 51,702
Net Book Value
As at 30 June 2025 26,484 35,882 285 62,651
As at 1 July 2024 26,484 39,549 309 66,342
5. Stocks
2025 2024
£ £
Stock 10,100 9,350
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6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income - 5,638
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,200 5,200
Trade creditors 18,624 28,726
Corporation tax 55 69
Other taxes and social security 2,368 2,018
VAT 22,119 13,444
Other creditors 345 3,186
Accruals and deferred income 10,035 7,755
Director's loan account 2,964 1,416
61,710 61,814
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 23,900 29,100
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,200 5,200
Later than one year and not later than five years 23,900 29,100
29,100 34,300
29,100 34,300
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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