Acorah Software Products - Accounts Production 16.8.310 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 SC652668 Mr Roger Coulter Mr Sean O'Reilly Mr Ross Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC652668 2024-12-31 SC652668 2025-12-31 SC652668 2025-01-01 2025-12-31 SC652668 frs-core:CurrentFinancialInstruments 2025-12-31 SC652668 frs-core:Non-currentFinancialInstruments 2025-12-31 SC652668 frs-core:BetweenOneFiveYears 2025-12-31 SC652668 frs-core:ComputerEquipment 2025-12-31 SC652668 frs-core:ComputerEquipment 2025-01-01 2025-12-31 SC652668 frs-core:ComputerEquipment 2024-12-31 SC652668 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 SC652668 frs-core:FurnitureFittings 2025-12-31 SC652668 frs-core:FurnitureFittings 2025-01-01 2025-12-31 SC652668 frs-core:FurnitureFittings 2024-12-31 SC652668 frs-core:NetGoodwill 2025-12-31 SC652668 frs-core:NetGoodwill 2025-01-01 2025-12-31 SC652668 frs-core:NetGoodwill 2024-12-31 SC652668 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 SC652668 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 SC652668 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 SC652668 frs-core:MotorVehicles 2025-12-31 SC652668 frs-core:MotorVehicles 2025-01-01 2025-12-31 SC652668 frs-core:MotorVehicles 2024-12-31 SC652668 frs-core:WithinOneYear 2025-12-31 SC652668 frs-core:ShareCapital 2025-12-31 SC652668 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC652668 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC652668 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC652668 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC652668 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC652668 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC652668 frs-bus:Director1 2025-01-01 2025-12-31 SC652668 frs-bus:Director2 2025-01-01 2025-12-31 SC652668 frs-bus:Director3 2025-01-01 2025-12-31 SC652668 frs-countries:Scotland 2025-01-01 2025-12-31 SC652668 2023-12-31 SC652668 2024-12-31 SC652668 2024-01-01 2024-12-31 SC652668 frs-core:CurrentFinancialInstruments 2024-12-31 SC652668 frs-core:Non-currentFinancialInstruments 2024-12-31 SC652668 frs-core:BetweenOneFiveYears 2024-12-31 SC652668 frs-core:WithinOneYear 2024-12-31 SC652668 frs-core:ShareCapital 2024-12-31 SC652668 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: SC652668
Anderson Smith Group Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
NSB Chartered Certified Accountants
Anderson Smith Group Ltd
Contents
Contents

| Page
--- | ---
Company Information | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—8

Page 1
Anderson Smith Group Ltd
Company Information
For The Year Ended 31 December 2025
Company Information

Directors | Mr Roger Coulter
| Mr Sean O'Reilly
| Mr Ross Smith
Company Number | SC652668
Registered Office | 16 High Street
| Kinross
| KY13 8AN
Accountants | NSB Chartered Certified Accountants
| 39 Hunter Grove
| Bathgate
| West Lothian
| EH48 1NN

Page 1
Page 2
Anderson Smith Group Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: SC652668

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 160,862 |  | 179,787
Tangible Assets | 5 |  | 184,117 |  | 32,828
|  |  | 344,979 |  | 212,615
CURRENT ASSETS
Debtors | 6 | 5,048 |  | 44,719 |
Cash at bank and in hand |  | 119,990 |  | 51,114 |
|  | 125,038 |  | 95,833 |
Creditors: Amounts Falling Due Within One Year | 7 | (63,825 ) |  | (61,239 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 61,213 |  | 34,594
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 406,192 |  | 247,209
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (191,966 ) |  | (198,160 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (34,383 ) |  | (5,545 )
NET ASSETS |  |  | 179,843 |  | 43,504
CAPITAL AND RESERVES
Called up share capital | 9 |  | 5,000 |  | 5,000
Profit and Loss Account |  |  | 174,843 |  | 38,504
SHAREHOLDERS' FUNDS |  |  | 179,843 |  | 43,504

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Anderson Smith Group Ltd
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 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 Sean O'Reilly Director | Mr Ross Smith Director
20 January 2026

The notes on pages 4 to 8 form part of these financial statements.
Page 3
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Anderson Smith Group Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Anderson Smith Group Ltd is a private Company, limited by shares, incorporated in Scotland: registration number SC652668 . The registered office address is 16 High Street, Kinross, KY13 8AN.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:
2.2. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affect is only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.3. Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:
Sale of goods
Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership to the buyer;
- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of turnover can be measured reliably;
- it is probable that the Company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

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 ten years.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
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Anderson Smith Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.6. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:

Leasehold improvements | 10% straight-line
Motor Vehicles | 20% straight-line
Fixtures & Fittings | 10% straight-line
Computer Equipment | 20% straight-line

2.7. Leasing and Hire Purchase Contracts
Operating leases: the Company as lessee
Rentals paid under operating leases are charged to the profit and loss account on a straight-line basis over the lease term.
Hire purchase contracts and finance leases
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. 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 profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
2.8. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Page 5
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Anderson Smith Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.9. Taxation
Current taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.
Deferred taxation
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

- the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
- any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
2.10. Pensions
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 13 (2024: 9)
13 9
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 January 2025 | 189,250
As at 31 December 2025 | 189,250
Amortisation
As at 1 January 2025 | 9,463
Provided during the period | 18,925
As at 31 December 2025 | 28,388
Net Book Value
As at 31 December 2025 | 160,862
As at 1 January 2025 | 179,787

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Anderson Smith Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
5. Tangible Assets

| Land & Property
--- | ---
| Leasehold improvements | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 January 2025 | 16,841 | - | 7,938 | 25,069 | 49,848
Additions | 2,229 | 151,130 | - | 11,712 | 165,071
As at 31 December 2025 | 19,070 | 151,130 | 7,938 | 36,781 | 214,919
Depreciation
As at 1 January 2025 | 4,163 | - | 2,252 | 10,605 | 17,020
Provided during the period | 3,221 | 3,778 | 570 | 6,213 | 13,782
As at 31 December 2025 | 7,384 | 3,778 | 2,822 | 16,818 | 30,802
Net Book Value
As at 31 December 2025 | 11,686 | 147,352 | 5,116 | 19,963 | 184,117
As at 1 January 2025 | 12,678 | - | 5,686 | 14,464 | 32,828

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 5,048 |  | 44,719

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 15,918 |  | -
Bank loans and overdrafts | 4,318 |  | 4,318
Other creditors | 14,405 |  | 41,277
Taxation and social security | 29,184 |  | 15,644
| 63,825 |  | 61,239

Obligations under finance lease and hire purchase contracts falling due within one year are secured over the assets to which they relate.
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 90,287 |  | -
Bank loans | 16,432 |  | 21,035
Other creditors | 85,247 |  | 177,125
| 191,966 |  | 198,160

Obligations under finance lease and hire purchase contracts falling due after one year are secured over the assets to which they relate.
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Anderson Smith Group Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 5,000 |  | 5,000

10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 27,431 |  | 16,907
Later than one year and not later than five years | 29,570 |  | 29,815
| 57,001 |  | 46,722

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