Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC624880 Mr Liam McCann iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC624880 2024-03-31 SC624880 2025-03-31 SC624880 2024-04-01 2025-03-31 SC624880 frs-core:CurrentFinancialInstruments 2025-03-31 SC624880 frs-core:Non-currentFinancialInstruments 2025-03-31 SC624880 frs-core:FurnitureFittings 2025-03-31 SC624880 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC624880 frs-core:FurnitureFittings 2024-03-31 SC624880 frs-core:MotorVehicles 2025-03-31 SC624880 frs-core:MotorVehicles 2024-04-01 2025-03-31 SC624880 frs-core:MotorVehicles 2024-03-31 SC624880 frs-core:ShareCapital 2025-03-31 SC624880 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC624880 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC624880 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC624880 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC624880 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC624880 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC624880 frs-bus:Director1 2024-04-01 2025-03-31 SC624880 frs-countries:Scotland 2024-04-01 2025-03-31 SC624880 2023-03-31 SC624880 2024-03-31 SC624880 2023-04-01 2024-03-31 SC624880 frs-core:CurrentFinancialInstruments 2024-03-31 SC624880 frs-core:Non-currentFinancialInstruments 2024-03-31 SC624880 frs-core:ShareCapital 2024-03-31 SC624880 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC624880
McCann Electrical (Scotland) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
McGowan Accounting Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC624880
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,883 5,839
4,883 5,839
CURRENT ASSETS
Debtors 5 42,894 60,863
Cash at bank and in hand 8,175 4,936
51,069 65,799
Creditors: Amounts Falling Due Within One Year 6 (89,691 ) (114,739 )
NET CURRENT ASSETS (LIABILITIES) (38,622 ) (48,940 )
TOTAL ASSETS LESS CURRENT LIABILITIES (33,739 ) (43,101 )
Creditors: Amounts Falling Due After More Than One Year 7 (4,252 ) (6,338 )
NET LIABILITIES (37,991 ) (49,439 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (37,992 ) (49,440 )
SHAREHOLDERS' FUNDS (37,991) (49,439)
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 Liam McCann
Director
15/09/2025
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
McCann Electrical (Scotland) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC624880 . The registered office is 120, Woodneuk Rd, Glasgow, G53 7QS.
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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 10% Straight Line
3. Average Number of Employees
7Average number of employees, including directors, during the year was: 7 (2024: 7)
7 7
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 5,995 4,029 10,024
As at 31 March 2025 5,995 4,029 10,024
Depreciation
As at 1 April 2024 3,782 403 4,185
Provided during the period 553 403 956
As at 31 March 2025 4,335 806 5,141
Net Book Value
As at 31 March 2025 1,660 3,223 4,883
As at 1 April 2024 2,213 3,626 5,839
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 32,786 38,642
Other debtors 10,108 22,221
42,894 60,863
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 16,359 20,201
Bank loans and overdrafts 3,358 5,324
Amounts owed to participating interests 12,000 20,000
Other creditors 57,974 69,214
89,691 114,739
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 4,252 6,338
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 3