Acorah Software Products - Accounts Production 16.8.200 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 SC690417 S B Smith Stronachs Secretaries Limited S Smith true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC690417 2023-12-31 SC690417 2024-12-31 SC690417 2024-01-01 2024-12-31 SC690417 frs-core:CurrentFinancialInstruments 2024-12-31 SC690417 frs-core:FurnitureFittings 2024-12-31 SC690417 frs-core:FurnitureFittings 2024-01-01 2024-12-31 SC690417 frs-core:FurnitureFittings 2023-12-31 SC690417 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 SC690417 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC690417 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 SC690417 frs-core:PlantMachinery 2024-12-31 SC690417 frs-core:PlantMachinery 2024-01-01 2024-12-31 SC690417 frs-core:PlantMachinery 2023-12-31 SC690417 frs-core:ShareCapital 2024-12-31 SC690417 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC690417 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC690417 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 SC690417 frs-bus:SmallEntities 2024-01-01 2024-12-31 SC690417 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC690417 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC690417 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 SC690417 frs-bus:OrdinaryShareClass1 2024-12-31 SC690417 1 2024-01-01 2024-12-31 SC690417 frs-bus:Director1 2024-01-01 2024-12-31 SC690417 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 SC690417 frs-countries:Scotland 2024-01-01 2024-12-31 SC690417 2022-12-31 SC690417 2023-12-31 SC690417 2023-01-01 2023-12-31 SC690417 frs-core:CurrentFinancialInstruments 2023-12-31 SC690417 frs-core:ShareCapital 2023-12-31 SC690417 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC690417 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: SC690417
DTSW Properties Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Infinity Partnership
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC690417
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,154,263 6,342,078
10,154,263 6,342,078
CURRENT ASSETS
Debtors 5 309,254 225,850
Cash at bank and in hand 10,197 12,610
319,451 238,460
Creditors: Amounts Falling Due Within One Year 6 (11,198,245 ) (6,943,527 )
NET CURRENT ASSETS (LIABILITIES) (10,878,794 ) (6,705,067 )
TOTAL ASSETS LESS CURRENT LIABILITIES (724,531 ) (362,989 )
NET LIABILITIES (724,531 ) (362,989 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (724,631 ) (363,089 )
SHAREHOLDERS' FUNDS (724,531) (362,989)
For the year ending 31 December 2024 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.
The financial statements were approved by the board of directors on 22 December 2025 and were signed on its behalf by:
S B Smith
Director
22nd December 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
DTSW Properties Limited is a private company, limited by shares, incorporated in Scotland, registered number SC690417 . The registered office is 28 Albyn Place, Aberdeen, United Kingdom, AB10 1YL.
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. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
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 the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Freehold 2% on cost & held at cost
Plant & Machinery 20% on cost
Fixtures & Fittings 20% on cost
Assets under construction are accounted for at cost and are not depreciated until the accounting period in which they are brought into use. Freehold land is not depreciated.
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.7. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the period was 2 (2023: 1)
2 1
Page 2
Page 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 6,360,458 15,607 23,748 6,399,813
Additions 3,888,393 866 4,389 3,893,648
As at 31 December 2024 10,248,851 16,473 28,137 10,293,461
Depreciation
As at 1 January 2024 48,462 2,981 6,292 57,735
Provided during the period 73,462 3,251 4,750 81,463
As at 31 December 2024 121,924 6,232 11,042 139,198
Net Book Value
As at 31 December 2024 10,126,927 10,241 17,095 10,154,263
As at 1 January 2024 6,311,996 12,626 17,456 6,342,078
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 231,601 178,915
Other debtors 77,653 46,935
309,254 225,850
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 120,000 41,876
Amounts owed to participating interests 11,045,313 6,879,964
Other creditors 32,932 21,687
11,198,245 6,943,527
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is S Smith by virtue of his ownership of Whisky Holdings LP who own 100% of the ordinary share capital.
Page 3