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 SC559829 Mrs Margaret Munro Mr Stephen Munro iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC559829 2024-03-31 SC559829 2025-03-31 SC559829 2024-04-01 2025-03-31 SC559829 frs-core:CurrentFinancialInstruments 2025-03-31 SC559829 frs-core:Non-currentFinancialInstruments 2025-03-31 SC559829 frs-core:ComputerEquipment 2025-03-31 SC559829 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC559829 frs-core:ComputerEquipment 2024-03-31 SC559829 frs-core:FurnitureFittings 2025-03-31 SC559829 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC559829 frs-core:FurnitureFittings 2024-03-31 SC559829 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 SC559829 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 SC559829 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 SC559829 frs-core:MotorVehicles 2024-04-01 2025-03-31 SC559829 frs-core:PlantMachinery 2025-03-31 SC559829 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC559829 frs-core:PlantMachinery 2024-03-31 SC559829 frs-core:ShareCapital 2025-03-31 SC559829 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC559829 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC559829 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC559829 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC559829 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC559829 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC559829 frs-bus:Director1 2024-04-01 2025-03-31 SC559829 frs-bus:Director2 2024-04-01 2025-03-31 SC559829 frs-countries:Scotland 2024-04-01 2025-03-31 SC559829 2023-03-31 SC559829 2024-03-31 SC559829 2023-04-01 2024-03-31 SC559829 frs-core:CurrentFinancialInstruments 2024-03-31 SC559829 frs-core:Non-currentFinancialInstruments 2024-03-31 SC559829 frs-core:ShareCapital 2024-03-31 SC559829 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC559829
Gallery Kitchen Ltd
Financial Statements
For The Year Ended 31 March 2025
Gareth Jones Compliance Ltd
Chartered Certified Accountants
42 Shore Street
Nairn
IV12 4PX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC559829
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,384 30,817
53,384 30,817
CURRENT ASSETS
Debtors 5 16,449 -
Cash at bank and in hand 3 -
16,452 -
Creditors: Amounts Falling Due Within One Year 6 (194,608 ) (145,573 )
NET CURRENT ASSETS (LIABILITIES) (178,156 ) (145,573 )
TOTAL ASSETS LESS CURRENT LIABILITIES (124,772 ) (114,756 )
Creditors: Amounts Falling Due After More Than One Year 7 (10,051 ) (13,887 )
NET LIABILITIES (134,823 ) (128,643 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (134,825 ) (128,645 )
SHAREHOLDERS' FUNDS (134,823) (128,643)
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
Mrs Margaret Munro
Director
15/12/2025
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
Gallery Kitchen Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC559829 . The registered office is Clachan Garden, Lochbroom, Garve, Ross-Shire, IV23 2RZ.
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:
Leasehold 12.5% on Cost
Plant & Machinery 25% on Cost
Motor Vehicles 25% on Cost
Fixtures & Fittings 25% on Cost
Computer Equipment 33% on Cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 26,442 11,777 9,653 3,064 50,936
Additions 6,147 684 36,932 - 43,763
As at 31 March 2025 32,589 12,461 46,585 3,064 94,699
Depreciation
As at 1 April 2024 5,288 8,213 3,554 3,064 20,119
Provided during the period 6,518 3,031 11,647 - 21,196
As at 31 March 2025 11,806 11,244 15,201 3,064 41,315
...CONTINUED
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Net Book Value
As at 31 March 2025 20,783 1,217 31,384 - 53,384
As at 1 April 2024 21,154 3,564 6,099 - 30,817
5. Debtors
2025 2024
£ £
Due within one year
VAT 16,449 -
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 21,399 14,984
Accruals and deferred income 2,100 1,134
Directors' loan accounts 171,109 129,455
194,608 145,573
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 10,051 13,887
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4