Acorah Software Products - Accounts Production 16.8.310 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 SC423227 Mr Jason McIntyre true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC423227 2024-05-31 SC423227 2025-05-31 SC423227 2024-06-01 2025-05-31 SC423227 frs-core:CurrentFinancialInstruments 2025-05-31 SC423227 frs-core:Non-currentFinancialInstruments 2025-05-31 SC423227 frs-core:BetweenOneFiveYears 2025-05-31 SC423227 frs-core:ComputerEquipment 2025-05-31 SC423227 frs-core:ComputerEquipment 2024-06-01 2025-05-31 SC423227 frs-core:ComputerEquipment 2024-05-31 SC423227 frs-core:MotorVehicles 2025-05-31 SC423227 frs-core:MotorVehicles 2024-06-01 2025-05-31 SC423227 frs-core:MotorVehicles 2024-05-31 SC423227 frs-core:WithinOneYear 2025-05-31 SC423227 frs-core:ShareCapital 2025-05-31 SC423227 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 SC423227 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 SC423227 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 SC423227 frs-bus:SmallEntities 2024-06-01 2025-05-31 SC423227 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 SC423227 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 SC423227 1 2024-06-01 2025-05-31 SC423227 frs-bus:Director1 2024-06-01 2025-05-31 SC423227 frs-bus:Director1 2024-05-31 SC423227 frs-bus:Director1 2025-05-31 SC423227 frs-countries:Scotland 2024-06-01 2025-05-31 SC423227 2023-05-31 SC423227 2024-05-31 SC423227 2023-06-01 2024-05-31 SC423227 frs-core:CurrentFinancialInstruments 2024-05-31 SC423227 frs-core:Non-currentFinancialInstruments 2024-05-31 SC423227 frs-core:BetweenOneFiveYears 2024-05-31 SC423227 frs-core:WithinOneYear 2024-05-31 SC423227 frs-core:ShareCapital 2024-05-31 SC423227 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: SC423227
Advanced Vehicle Wraps Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Advanced Vehicle Wraps Ltd
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—6

Page 1
Advanced Vehicle Wraps Ltd
Statement of Financial Position
As At 31 May 2025
Statement of Financial Position
Registered number: SC423227

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 5,778 |  | 11,693
|  |  | 5,778 |  | 11,693
CURRENT ASSETS
Debtors | 5 | 45,408 |  | 32,190 |
Cash at bank and in hand |  | 4,052 |  | 13,709 |
|  | 49,460 |  | 45,899 |
Creditors: Amounts Falling Due Within One Year | 6 | (44,606 ) |  | (39,742 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 4,854 |  | 6,157
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 10,632 |  | 17,850
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (8,557 ) |  | (14,875 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 10 |  | (1,098 ) |  | (2,338 )
NET ASSETS |  |  | 977 |  | 637
CAPITAL AND RESERVES
Called up share capital | 11 |  | 1 |  | 1
Income Statement |  |  | 976 |  | 636
SHAREHOLDERS' FUNDS |  |  | 977 |  | 637

Page 1
Page 2
Advanced Vehicle Wraps Ltd
Statement of Financial Position (continued)
As At 31 May 2025
For the year ending 31 May 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 Income Statement.
On behalf of the board

Mr Jason McIntyre Director
12/01/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Advanced Vehicle Wraps Ltd
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Advanced Vehicle Wraps Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC423227 . The registered office is 13 Adia Road, Torryburn, Dunfermline, Fife, KY12 8LB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion method.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% straight line
Computer Equipment | 25% straight line

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
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. 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 year 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.
...CONTINUED
Page 3
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Advanced Vehicle Wraps Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
2.7. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 3 |  | 4
| 3 |  | 4

4. Tangible Assets

| Motor Vehicles | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 June 2024 | 28,455 | 2,282 | 30,737
As at 31 May 2025 | 28,455 | 2,282 | 30,737
Depreciation
As at 1 June 2024 | 16,763 | 2,281 | 19,044
Provided during the period | 5,915 | - | 5,915
As at 31 May 2025 | 22,678 | 2,281 | 24,959
Net Book Value
As at 31 May 2025 | 5,777 | 1 | 5,778
As at 1 June 2024 | 11,692 | 1 | 11,693

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 13,991 |  | 13,405
Other debtors | 9,017 |  | 6,349
Director's loan account | 22,400 |  | 12,436
| 45,408 |  | 32,190

Page 4
Page 5
Advanced Vehicle Wraps Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 2,916 |  | 5,435
Bank loans and overdrafts | 3,300 |  | 3,085
Corporation tax | 20,488 |  | 15,140
Other taxes and social security | 493 |  | 451
VAT | 16,075 |  | 10,218
Net wages | - |  | 4,141
Other creditors | 1,334 |  | 1,272
| 44,606 |  | 39,742

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 5,128 |  | 9,306
Bank loans | 3,429 |  | 5,569
| 8,557 |  | 14,875

8. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | - |  | 14,740

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 2,916 |  | 5,435
Later than one year and not later than five years | 5,128 |  | 9,306
| 8,044 |  | 14,741
| 8,044 |  | 14,741

10. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | 1,098 |  | 2,338

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

Page 5
Page 6
Advanced Vehicle Wraps Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
12. Pension Commitments
The company operates a defined contribution pension scheme for all employes. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £403 (2023: £678) were due to the fund. They are included in Other Creditors.
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 June 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 May 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Jason McIntyre | 12,436 | - | - | - | -

The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors

| 2025 | 2024
--- | --- | ---
| £ | £
Mr Jason McIntyre | - | 42,900

14. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 31,200 |  | 42,900

15. Ultimate Controlling Party
The company's ultimate controlling party is director by virtue of his ownership of 100% of the issued share capital in the company.
Page 6