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 SC686357 Mrs Nazia Majeed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC686357 2024-01-31 SC686357 2025-01-31 SC686357 2024-02-01 2025-01-31 SC686357 frs-core:CurrentFinancialInstruments 2025-01-31 SC686357 frs-core:Non-currentFinancialInstruments 2025-01-31 SC686357 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 SC686357 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC686357 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 SC686357 frs-core:ShareCapital 2025-01-31 SC686357 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC686357 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC686357 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 SC686357 frs-bus:SmallEntities 2024-02-01 2025-01-31 SC686357 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC686357 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC686357 frs-bus:Director1 2024-02-01 2025-01-31 SC686357 frs-countries:Scotland 2024-02-01 2025-01-31 SC686357 2023-01-31 SC686357 2024-01-31 SC686357 2023-02-01 2024-01-31 SC686357 frs-core:CurrentFinancialInstruments 2024-01-31 SC686357 frs-core:Non-currentFinancialInstruments 2024-01-31 SC686357 frs-core:ShareCapital 2024-01-31 SC686357 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: SC686357
Ra Project Ltd
Financial Statements
For The Year Ended 31 January 2025
Lockhart Amin Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC686357
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 152,181 155,287
152,181 155,287
CURRENT ASSETS
Debtors 5 360 11,427
Cash at bank and in hand 2,689 3,529
3,049 14,956
Creditors: Amounts Falling Due Within One Year 6 (165,420 ) (170,028 )
NET CURRENT ASSETS (LIABILITIES) (162,371 ) (155,072 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,190 ) 215
Creditors: Amounts Falling Due After More Than One Year 7 (325,820 ) (325,820 )
NET LIABILITIES (336,010 ) (325,605 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (336,110 ) (325,705 )
SHAREHOLDERS' FUNDS (336,010) (325,605)
Page 1
Page 2
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 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 Nazia Majeed
Director
27 October 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
Ra Project Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC686357 . The registered office is 1/2 25 Keir Street, Glasgow, G41 2NP.
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 2% Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 February 2024 155,287
As at 31 January 2025 155,287
Depreciation
As at 1 February 2024 -
Provided during the period 3,106
As at 31 January 2025 3,106
Net Book Value
As at 31 January 2025 152,181
As at 1 February 2024 155,287
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Page 4
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 360 11,427
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 54,000 54,000
Other creditors 111,420 116,028
165,420 170,028
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 170,028 170,028
Other loans 155,432 155,432
Other creditors 360 360
325,820 325,820
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4