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 SC101890 Mr I C Hawthorne Mrs K M Hawthorne Mr I C Hawthorne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC101890 2024-03-31 SC101890 2025-03-31 SC101890 2024-04-01 2025-03-31 SC101890 frs-core:CurrentFinancialInstruments 2025-03-31 SC101890 frs-core:Non-currentFinancialInstruments 2025-03-31 SC101890 frs-core:BetweenOneFiveYears 2025-03-31 SC101890 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC101890 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 SC101890 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 SC101890 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 SC101890 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC101890 frs-core:LandBuildings 2025-03-31 SC101890 frs-core:LandBuildings 2024-04-01 2025-03-31 SC101890 frs-core:LandBuildings 2024-03-31 SC101890 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC101890 frs-core:MotorVehicles 2024-04-01 2025-03-31 SC101890 frs-core:PlantMachinery 2025-03-31 SC101890 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC101890 frs-core:PlantMachinery 2024-03-31 SC101890 frs-core:WithinOneYear 2025-03-31 SC101890 frs-core:RevaluationReserve 2025-03-31 SC101890 frs-core:ShareCapital 2025-03-31 SC101890 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC101890 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC101890 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC101890 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC101890 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC101890 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC101890 frs-bus:Director1 2024-04-01 2025-03-31 SC101890 frs-bus:Director1 2024-03-31 SC101890 frs-bus:Director1 2025-03-31 SC101890 frs-bus:Director2 2024-04-01 2025-03-31 SC101890 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 SC101890 frs-countries:Scotland 2024-04-01 2025-03-31 SC101890 2023-03-31 SC101890 2024-03-31 SC101890 2023-04-01 2024-03-31 SC101890 frs-core:CurrentFinancialInstruments 2024-03-31 SC101890 frs-core:Non-currentFinancialInstruments 2024-03-31 SC101890 frs-core:BetweenOneFiveYears 2024-03-31 SC101890 frs-core:WithinOneYear 2024-03-31 SC101890 frs-core:RevaluationReserve 2024-03-31 SC101890 frs-core:ShareCapital 2024-03-31 SC101890 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC101890
McCalls Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC101890
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 103,083 28,071
Tangible Assets 5 1,322,232 1,400,878
Investment Properties 6 189,069 189,069
1,614,384 1,618,018
CURRENT ASSETS
Stocks 2,517,581 2,242,082
Debtors 7 187,974 246,266
Cash at bank and in hand 246,779 122,682
2,952,334 2,611,030
Creditors: Amounts Falling Due Within One Year 8 (622,253 ) (673,159 )
NET CURRENT ASSETS (LIABILITIES) 2,330,081 1,937,871
TOTAL ASSETS LESS CURRENT LIABILITIES 3,944,465 3,555,889
Creditors: Amounts Falling Due After More Than One Year 9 (171,338 ) (190,384 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (53,019 ) (44,222 )
NET ASSETS 3,720,108 3,321,283
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Revaluation reserve 28,325 29,288
Profit and Loss Account 3,681,783 3,281,995
SHAREHOLDERS' FUNDS 3,720,108 3,321,283
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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 I C Hawthorne
Director
23/12/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
McCalls Limited is a private company, limited by shares, incorporated in Scotland, registered number SC101890 . The registered office is 15-17, Bridge Street, Aberdeen, AB11 6JL.
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.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are development costs. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives of 5 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:
Freehold 2% & 10% straight line
Plant & Machinery 20% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 33% straight line
2.5. 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.
2.6. 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.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. 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: 88 (2024: 86)
88 86
4. Intangible Assets
Development Costs
£
Cost
As at 1 April 2024 137,618
Additions 99,387
Disposals (7,340 )
As at 31 March 2025 229,665
Amortisation
As at 1 April 2024 109,547
Provided during the period 20,120
Disposals (3,085 )
As at 31 March 2025 126,582
Net Book Value
As at 31 March 2025 103,083
As at 1 April 2024 28,071
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5. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 April 2024 1,588,271 482,802 2,071,073
Additions - 19,776 19,776
Disposals - (27,636 ) (27,636 )
As at 31 March 2025 1,588,271 474,942 2,063,213
Depreciation
As at 1 April 2024 354,373 315,822 670,195
Provided during the period 36,275 62,147 98,422
Disposals - (27,636 ) (27,636 )
As at 31 March 2025 390,648 350,333 740,981
Net Book Value
As at 31 March 2025 1,197,623 124,609 1,322,232
As at 1 April 2024 1,233,898 166,980 1,400,878
6. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 189,069
Investment properties were valued on an open market basis on 31 March 2025 by the directors.
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 110,275 13,717
Prepayments and accrued income 64,928 109,552
Other debtors 12,771 12,997
187,974 136,266
Due after more than one year
Other debtors - 110,000
187,974 246,266
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 75,966 81,344
Bank loans and overdrafts 23,443 23,443
Other creditors 293,358 355,923
Taxation and social security 229,486 212,449
622,253 673,159
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9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 58,838 80,384
Accruals and deferred income 112,500 -
Amounts owed to related parties - 110,000
171,338 190,384
10. Secured Creditors
Standard security over the premises at 11 and 11a Bridge Street and Windmill Brae/Bath Street has been granted in favour of the Royal Bank of Scotland plc. There is a Bond and Floating Charge in favour of the Royal Bank of Scotland plc over all the assets of the company.
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 23,444 14,460
Later than one year and not later than five years 29,820 26,312
53,264 40,772
12. Directors Advances, Credits and Guarantees
Included within Other creditors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Iain Hawthorne 238,805 - 62,555 - 176,250
The above loan is unsecured, interest-bearing and repayable on demand.
During the year rents totalling £46,758 (2024 - £46,758) were paid to the directors.
During the year rent totalling £10,000 (2024 - £10,000) was paid to a pension fund of a director.
13. Related Party Transactions
Company under similar controlSales - £32,299 (2024 - £28,715) / Purchases - £13,186 (2024 - £13,129)

Company under similar control

Sales - £32,299 (2024 - £28,715) / Purchases - £13,186 (2024 - £13,129)

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