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 SC625428 Miss Maryanne O'Neill Mr Gary McKerracher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC625428 2024-03-31 SC625428 2025-03-31 SC625428 2024-04-01 2025-03-31 SC625428 frs-core:CurrentFinancialInstruments 2025-03-31 SC625428 frs-core:Non-currentFinancialInstruments 2025-03-31 SC625428 frs-core:ComputerEquipment 2025-03-31 SC625428 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC625428 frs-core:ComputerEquipment 2024-03-31 SC625428 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 SC625428 frs-core:FurnitureFittings 2025-03-31 SC625428 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC625428 frs-core:FurnitureFittings 2024-03-31 SC625428 frs-core:OtherResidualIntangibleAssets 2025-03-31 SC625428 frs-core:OtherResidualIntangibleAssets 2024-03-31 SC625428 frs-core:ShareCapital 2025-03-31 SC625428 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC625428 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC625428 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC625428 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC625428 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC625428 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC625428 frs-bus:Director1 2024-04-01 2025-03-31 SC625428 frs-bus:Director2 2024-04-01 2025-03-31 SC625428 frs-countries:Scotland 2024-04-01 2025-03-31 SC625428 2023-03-31 SC625428 2024-03-31 SC625428 2023-04-01 2024-03-31 SC625428 frs-core:CurrentFinancialInstruments 2024-03-31 SC625428 frs-core:Non-currentFinancialInstruments 2024-03-31 SC625428 frs-core:ShareCapital 2024-03-31 SC625428 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC625428
NOW NAILS (BRAEHEAD) LTD
Unaudited Financial Statements
For The Year Ended 31 March 2025
Kenneth Phillips & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC625428
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 14,001 14,001
Tangible Assets 5 791 4,574
14,792 18,575
CURRENT ASSETS
Debtors 6 - 12,730
Cash at bank and in hand 2,036 4,519
2,036 17,249
Creditors: Amounts Falling Due Within One Year 7 (9,780 ) (31,533 )
NET CURRENT ASSETS (LIABILITIES) (7,744 ) (14,284 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,048 4,291
Creditors: Amounts Falling Due After More Than One Year 8 (22,854 ) (26,423 )
NET LIABILITIES (15,806 ) (22,132 )
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account (16,006 ) (22,332 )
SHAREHOLDERS' FUNDS (15,806) (22,132)
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 Gary McKerracher
Director
29th December 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
NOW NAILS (BRAEHEAD) LTD is a private company, limited by shares, incorporated in Scotland, registered number SC625428 . The registered office is 500 Dunbarton Road Dumbarton Road, , Glasgow, Scotland, G11 6SL.
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 - Other Intangible
Other intangible assets are .... 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:
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2024: 6)
9 6
4. Intangible Assets
Other
£
Cost
As at 1 April 2024 14,001
As at 31 March 2025 14,001
Net Book Value
As at 31 March 2025 14,001
As at 1 April 2024 14,001
Page 3
Page 4
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 2,532 12,600 15,132
Additions (633 ) - (633 )
As at 31 March 2025 1,899 12,600 14,499
Depreciation
As at 1 April 2024 1,633 8,925 10,558
Provided during the period - 3,150 3,150
As at 31 March 2025 1,633 12,075 13,708
Net Book Value
As at 31 March 2025 266 525 791
As at 1 April 2024 899 3,675 4,574
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income - 12,730
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 1
Corporation tax - 3,535
Other taxes and social security 2,395 1,249
VAT 12,434 5,718
Net wages 2,819 7,213
Accruals and deferred income 1,800 1,800
Directors' loan accounts 5,728 28,014
Amounts owed to group undertakings 1,800 -
Amounts owed to related parties (17,197 ) (15,997 )
9,780 31,533
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 22,854 26,423
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
Page 4