Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC255372 Mr William Black Mr James Mason Mr Richard Murphy R J Murphy true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC255372 2024-03-31 SC255372 2025-03-31 SC255372 2024-04-01 2025-03-31 SC255372 frs-core:CurrentFinancialInstruments 2025-03-31 SC255372 frs-core:Non-currentFinancialInstruments 2025-03-31 SC255372 frs-core:ComputerEquipment 2025-03-31 SC255372 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC255372 frs-core:ComputerEquipment 2024-03-31 SC255372 frs-core:FurnitureFittings 2025-03-31 SC255372 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC255372 frs-core:FurnitureFittings 2024-03-31 SC255372 frs-core:NetGoodwill 2025-03-31 SC255372 frs-core:NetGoodwill 2024-04-01 2025-03-31 SC255372 frs-core:NetGoodwill 2024-03-31 SC255372 frs-core:MotorVehicles 2025-03-31 SC255372 frs-core:MotorVehicles 2024-04-01 2025-03-31 SC255372 frs-core:MotorVehicles 2024-03-31 SC255372 frs-core:ShareCapital 2025-03-31 SC255372 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC255372 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC255372 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC255372 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC255372 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC255372 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC255372 frs-bus:OrdinaryShareClass2 2024-04-01 2025-03-31 SC255372 frs-bus:OrdinaryShareClass2 2025-03-31 SC255372 frs-bus:OrdinaryShareClass3 2024-04-01 2025-03-31 SC255372 frs-bus:OrdinaryShareClass3 2025-03-31 SC255372 1 2024-04-01 2025-03-31 SC255372 frs-bus:Director1 2024-04-01 2025-03-31 SC255372 frs-bus:Director2 2024-04-01 2025-03-31 SC255372 frs-bus:Director3 2024-04-01 2025-03-31 SC255372 frs-core:CurrentFinancialInstruments 1 2025-03-31 SC255372 frs-core:Non-currentFinancialInstruments 1 2025-03-31 SC255372 frs-core:CurrentFinancialInstruments 2 2025-03-31 SC255372 frs-core:Non-currentFinancialInstruments 2 2025-03-31 SC255372 frs-countries:Scotland 2024-04-01 2025-03-31 SC255372 2023-03-31 SC255372 2024-03-31 SC255372 2023-04-01 2024-03-31 SC255372 frs-core:CurrentFinancialInstruments 2024-03-31 SC255372 frs-core:Non-currentFinancialInstruments 2024-03-31 SC255372 frs-core:WithinOneYear 2024-03-31 SC255372 frs-core:ShareCapital 2024-03-31 SC255372 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC255372 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 SC255372 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 SC255372 frs-core:CurrentFinancialInstruments 1 2024-03-31 SC255372 frs-core:Non-currentFinancialInstruments 1 2024-03-31 SC255372 frs-core:CurrentFinancialInstruments 2 2024-03-31 SC255372 frs-core:Non-currentFinancialInstruments 2 2024-03-31 SC255372 frs-core:CurrentFinancialInstruments 4 2024-03-31
Registered number: SC255372
Richard Murphy Architects Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Jeffrey A C Meek LLP
Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC255372
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 24,585
Tangible Assets 5 986 19,122
986 43,707
CURRENT ASSETS
Debtors 6 229,769 239,097
Cash at bank and in hand 52 44,993
229,821 284,090
Creditors: Amounts Falling Due Within One Year 7 (284,481 ) (242,977 )
NET CURRENT ASSETS (LIABILITIES) (54,660 ) 41,113
TOTAL ASSETS LESS CURRENT LIABILITIES (53,674 ) 84,820
Creditors: Amounts Falling Due After More Than One Year 8 - (25,574 )
NET (LIABILITIES)/ASSETS (53,674 ) 59,246
CAPITAL AND RESERVES
Called up share capital 9 5 5
Profit and Loss Account (53,679 ) 59,241
SHAREHOLDERS' FUNDS (53,674) 59,246
Page 1
Page 2
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 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 William Black
Director
17th December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Richard Murphy Architects Limited is a private company, limited by shares, incorporated in Scotland, registered number SC255372 . The registered office is 15 Old Fishmarket Close, Edinburgh, Midlothian, EH1 1RW.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. 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:
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 33% straight line
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 year 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 asset reflects 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 13)
11 13
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 794,529
As at 31 March 2025 794,529
Amortisation
As at 1 April 2024 769,944
Provided during the period 24,585
As at 31 March 2025 794,529
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 24,585
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 10,688 9,979 165,542 186,209
Additions - - 150 150
As at 31 March 2025 10,688 9,979 165,692 186,359
Depreciation
As at 1 April 2024 10,688 8,797 147,602 167,087
Provided during the period - 592 17,694 18,286
As at 31 March 2025 10,688 9,389 165,296 185,373
Net Book Value
As at 31 March 2025 - 590 396 986
As at 1 April 2024 - 1,182 17,940 19,122
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 60,753 85,347
Amounts recoverable on contracts 132,878 119,836
Other debtors 15,524 -
VAT 20,614 33,914
229,769 239,097
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 28,362 47,527
Bank loans and overdrafts 19,520 35,000
Corporation tax - 12,957
Other taxes and social security 13,876 19,715
Other creditors 18,051 -
Payments received on account 168,177 45,839
Pension Liability 3,998 4,834
Contract Accruals - 32,960
Accruals and deferred income 8,750 8,750
Directors' loan accounts 23,747 35,395
284,481 242,977
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
RBS Bounce Back Loan - 6,129
CBILS Loan from Funding Circle - 19,445
- 25,574
9. Share Capital
2025 2024
Allotted, called up and fully paid £ £
4 Ordinary A shares of £ 1.000 each 4 4
1 Ordinary B shares of £ 1.000 each 1 1
5 5
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year - 24,200
- 24,200
11. Ultimate Controlling Party
The company's ultimate controlling party is R J Murphy by virtue of his ownership of 100% of the issued share capital in the company.
Page 5