Acorah Software Products - Accounts Production 16.6.920 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC588883 Mr J Kinloch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC588883 2024-03-31 SC588883 2025-03-31 SC588883 2024-04-01 2025-03-31 SC588883 frs-core:CurrentFinancialInstruments 2025-03-31 SC588883 frs-core:Non-currentFinancialInstruments 2025-03-31 SC588883 frs-core:ComputerEquipment 2025-03-31 SC588883 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC588883 frs-core:ComputerEquipment 2024-03-31 SC588883 frs-core:ShareCapital 2025-03-31 SC588883 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC588883 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC588883 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC588883 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC588883 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC588883 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC588883 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 SC588883 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 SC588883 frs-bus:Director1 2024-04-01 2025-03-31 SC588883 frs-countries:Scotland 2024-04-01 2025-03-31 SC588883 2023-03-31 SC588883 2024-03-31 SC588883 2023-04-01 2024-03-31 SC588883 frs-core:CurrentFinancialInstruments 2024-03-31 SC588883 frs-core:Non-currentFinancialInstruments 2024-03-31 SC588883 frs-core:ShareCapital 2024-03-31 SC588883 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC588883 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: SC588883
Calgary Heritage Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Calgary Heritage Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Calgary Heritage Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: SC588883

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 234 |  | 721
Investment Properties | 5 |  | 1,295,000 |  | 1,294,500
|  |  | 1,295,234 |  | 1,295,221
CURRENT ASSETS
Debtors | 6 | 1,449 |  | 4,010 |
Cash at bank and in hand |  | 27,470 |  | 30,441 |
|  | 28,919 |  | 34,451 |
Creditors: Amounts Falling Due Within One Year | 7 | (16,992 ) |  | (11,494 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 11,927 |  | 22,957
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,307,161 |  | 1,318,178
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,326,279 ) |  | (1,387,637 )
NET LIABILITIES |  |  | (19,118 ) |  | (69,459 )
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Fair value reserve | 11 |  | (100,373 ) |  | (100,873 )
Profit and Loss Account |  |  | 81,155 |  | 31,314
SHAREHOLDERS' FUNDS |  |  | (19,118) |  | (69,459)

Page 1
Page 2
Calgary Heritage Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 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 J Kinloch Director
7 November 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Calgary Heritage Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Calgary Heritage Limited is a private company, limited by shares, incorporated in Scotland, registered number SC588883 . The registered office is Calgary House, Hazyhill, Humbie, East Lothian, EH36 5PA.
The presentation currency of the financial statements is the Pound Sterling (£).
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.
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 | 33% Straight Line

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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.
...CONTINUED
Page 3
Page 4
Calgary Heritage Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.5. Taxation - continued
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 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)
1 1
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost or Valuation
As at 1 April 2024 | 3,741
As at 31 March 2025 | 3,741
Depreciation
As at 1 April 2024 | 3,020
Provided during the period | 487
As at 31 March 2025 | 3,507
Net Book Value
As at 31 March 2025 | 234
As at 1 April 2024 | 721

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 | 1,294,500
Fair value adjustments | 500
As at 31 March 2025 | 1,295,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Cost | 1,395,375 |  | 1,395,375

Investment property was valued on an open market basis on 1 April 2025 by the director.
Page 4
Page 5
Calgary Heritage Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 1,449 |  | 4,010

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Corporation tax | 12,939 |  | 7,519
Other taxes and social security | 1,802 |  | 1,798
Accruals and deferred income | 2,251 |  | 2,177
| 16,992 |  | 11,494

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 728,106 |  | 728,252
Directors loan account | 598,173 |  | 659,385
| 1,326,279 |  | 1,387,637

The directors loan is interest free, unsecured and repayable on demand.
9. Secured Creditors
Of the creditors the following amounts are secured.
The bank loans are secured against Investment Property.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 728,106 |  | 728,252

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

Page 5
Page 6
Calgary Heritage Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
11. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 April 2024 | (100,873 )
Movements in fair value reserve | 500
As at 31 March 2025 | (100,373 )

Page 6