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 SC392335 Mr S Malone iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC392335 2024-01-31 SC392335 2025-01-31 SC392335 2024-02-01 2025-01-31 SC392335 frs-core:CurrentFinancialInstruments 2025-01-31 SC392335 frs-core:Non-currentFinancialInstruments 2025-01-31 SC392335 frs-core:BetweenOneFiveYears 2025-01-31 SC392335 frs-core:ComputerEquipment 2025-01-31 SC392335 frs-core:ComputerEquipment 2024-02-01 2025-01-31 SC392335 frs-core:ComputerEquipment 2024-01-31 SC392335 frs-core:FurnitureFittings 2025-01-31 SC392335 frs-core:FurnitureFittings 2024-02-01 2025-01-31 SC392335 frs-core:FurnitureFittings 2024-01-31 SC392335 frs-core:MotorVehicles 2025-01-31 SC392335 frs-core:MotorVehicles 2024-02-01 2025-01-31 SC392335 frs-core:MotorVehicles 2024-01-31 SC392335 frs-core:PlantMachinery 2025-01-31 SC392335 frs-core:PlantMachinery 2024-02-01 2025-01-31 SC392335 frs-core:PlantMachinery 2024-01-31 SC392335 frs-core:WithinOneYear 2025-01-31 SC392335 frs-core:ShareCapital 2025-01-31 SC392335 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC392335 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC392335 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 SC392335 frs-bus:SmallEntities 2024-02-01 2025-01-31 SC392335 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC392335 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 SC392335 frs-bus:Director1 2024-02-01 2025-01-31 SC392335 frs-countries:Scotland 2024-02-01 2025-01-31 SC392335 2023-01-31 SC392335 2024-01-31 SC392335 2023-02-01 2024-01-31 SC392335 frs-core:CurrentFinancialInstruments 2024-01-31 SC392335 frs-core:Non-currentFinancialInstruments 2024-01-31 SC392335 frs-core:BetweenOneFiveYears 2024-01-31 SC392335 frs-core:WithinOneYear 2024-01-31 SC392335 frs-core:ShareCapital 2024-01-31 SC392335 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: SC392335
The Evana Group Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC392335
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 553,625 515,436
553,625 515,436
CURRENT ASSETS
Stocks 5 70,373 42,599
Debtors 6 538,504 212,402
Cash at bank and in hand 722,807 966,250
1,331,684 1,221,251
Creditors: Amounts Falling Due Within One Year 7 (606,907 ) (463,912 )
NET CURRENT ASSETS (LIABILITIES) 724,777 757,339
TOTAL ASSETS LESS CURRENT LIABILITIES 1,278,402 1,272,775
Creditors: Amounts Falling Due After More Than One Year 8 (391,278 ) (429,149 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (138,406 ) (128,859 )
NET ASSETS 748,718 714,767
CAPITAL AND RESERVES
Called up share capital 10 3 3
Profit and Loss Account 748,715 714,764
SHAREHOLDERS' FUNDS 748,718 714,767
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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 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 S Malone
Director
08/10/2025
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 Evana Group Limited is a private company, limited by shares, incorporated in Scotland, registered number SC392335 . The registered office is Unit 6 Block 10 Clydesmill Grove, Clydesmill Industrial Estate, Glasgow, Scotland, G32 8NL.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 33% Straight Line
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: 26 (2024: 19)
26 19
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2024 98,316 554,331 1,078 7,024 660,749
Additions - 259,963 568 3,536 264,067
Disposals - (150,098 ) - - (150,098 )
As at 31 January 2025 98,316 664,196 1,646 10,560 774,718
Depreciation
As at 1 February 2024 22,198 119,214 363 3,538 145,313
Provided during the period 11,417 119,578 134 2,205 133,334
Disposals - (57,554 ) - - (57,554 )
As at 31 January 2025 33,615 181,238 497 5,743 221,093
Net Book Value
As at 31 January 2025 64,701 482,958 1,149 4,817 553,625
As at 1 February 2024 76,118 435,117 715 3,486 515,436
5. Stocks
2025 2024
£ £
Stock 8,000 18,576
Work in progress 62,373 24,023
70,373 42,599
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Page 5
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 459,794 202,128
Amounts owed by group undertakings 73,673 -
Other debtors 5,037 10,274
538,504 212,402
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 115,487 86,528
Trade creditors 113,848 91,757
Bank loans and overdrafts 48,349 45,095
Other creditors 26,555 51,268
Taxation and social security 302,668 189,264
606,907 463,912
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 373,694 363,216
Bank loans 17,584 65,933
391,278 429,149
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 115,487 86,528
Later than one year and not later than five years 373,694 363,216
489,181 449,744
489,181 449,744
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
11. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £2,119 were due to the fund. They are included in Other Creditors.
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