Acorah Software Products - Accounts Production 16.8.310 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC517796 Mr C Wilson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC517796 2024-03-31 SC517796 2025-03-31 SC517796 2024-04-01 2025-03-31 SC517796 frs-core:CurrentFinancialInstruments 2025-03-31 SC517796 frs-core:NetGoodwill 2025-03-31 SC517796 frs-core:NetGoodwill 2024-04-01 2025-03-31 SC517796 frs-core:NetGoodwill 2024-03-31 SC517796 frs-core:ShareCapital 2025-03-31 SC517796 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC517796 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC517796 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC517796 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC517796 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC517796 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC517796 frs-bus:Director1 2024-04-01 2025-03-31 SC517796 frs-countries:Scotland 2024-04-01 2025-03-31 SC517796 2023-03-31 SC517796 2024-03-31 SC517796 2023-04-01 2024-03-31 SC517796 frs-core:CurrentFinancialInstruments 2024-03-31 SC517796 frs-core:ShareCapital 2024-03-31 SC517796 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC517796
Glen Drummond Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Glen Drummond Holdings Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
Glen Drummond Holdings Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: SC517796

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 35,849 |  | 71,697
Investments |  |  | 100 |  | 100
|  |  | 35,949 |  | 71,797
CURRENT ASSETS
Cash at bank and in hand |  | 3,035 |  | 3,035 |
|  | 3,035 |  | 3,035 |
Creditors: Amounts Falling Due Within One Year | 5 | (110,639 ) |  | (110,639 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (107,604 ) |  | (107,604 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (71,655 ) |  | (35,807 )
NET LIABILITIES |  |  | (71,655 ) |  | (35,807 )
CAPITAL AND RESERVES
Called up share capital | 6 |  | 2 |  | 2
Profit and Loss Account |  |  | (71,657 ) |  | (35,809 )
SHAREHOLDERS' FUNDS |  |  | (71,655) |  | (35,807)

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 C Wilson Director
14 January 2026

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Glen Drummond Holdings Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Glen Drummond Holdings Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC517796 . The registered office is 29 Brandon Street, Hamilton, South Lanarkshire, ML3 6DA.
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. Exemption From Preparing Consolidated Financial Statements
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
2.3. 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. The company is being supported by a loan from the subsidiary company, Glen Drummond Ltd.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.5. Investments
Investments in subsidiaries are recognised at cost.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
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 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.
Page 2
Page 3
Glen Drummond Holdings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.8. Provisions and Contingencies
Provisions
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.
Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.
Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as a finance cost.
Contingencies
Contingent liabilities are not recognised. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the company’s control. Contingent liabilities are disclosed in the financial statements unless the probability of an outflow of resources is remote.
Contingent assets are not recognised. Contingent assets are disclosed in the financial statements when an inflow of economic benefits is probable.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 358,482
As at 31 March 2025 | 358,482
Amortisation
As at 1 April 2024 | 286,785
Provided during the period | 35,848
As at 31 March 2025 | 322,633
Net Book Value
As at 31 March 2025 | 35,849
As at 1 April 2024 | 71,697

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts owed to group undertakings | 109,595 |  | 109,595
Other creditors | 1,044 |  | 1,044
| 110,639 |  | 110,639

6. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

Page 3
Page 4
Glen Drummond Holdings Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Contingent Liabilities
As part of the agreement in relation to the sale of shares to The Trustees Of The Glen Drummond Ltd Employee Ownership Trust, the company has a contingent liability for deferred consideration up to £329,000 dependent on the results of the company over the next 5 financial year. There is a floating charge over the assets and undertakings of the company in respect of this liability.
8. Related Party Disclosures
The company has taken advantage of exemption, under 33.1A of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose transactions with wholly owned subsidiaries within the group.
The company operates a loan account with the director Mr C Wilson.
At the year end, the balance due to the director was £1,044 (2024: £1,044). This loan is unsecured, interest free and has no fixed repayment terms.
Page 4