Acorah Software Products - Accounts Production 16.8.310 false true true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 SC337317 Mr B Walls Mr B Walls iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC337317 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2025-02-28 SC337317 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2025-02-28 SC337317 2024-02-29 SC337317 2025-02-28 SC337317 2024-03-01 2025-02-28 SC337317 frs-core:CurrentFinancialInstruments 2025-02-28 SC337317 frs-core:Non-currentFinancialInstruments 2025-02-28 SC337317 frs-core:ComputerEquipment 2025-02-28 SC337317 frs-core:ComputerEquipment 2024-03-01 2025-02-28 SC337317 frs-core:ComputerEquipment 2024-02-29 SC337317 frs-core:ShareCapital 2025-02-28 SC337317 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 SC337317 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 SC337317 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 SC337317 frs-bus:SmallEntities 2024-03-01 2025-02-28 SC337317 frs-bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 SC337317 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 SC337317 frs-core:UnlistedNon-exchangeTraded 2025-02-28 SC337317 frs-core:UnlistedNon-exchangeTraded 2024-02-29 SC337317 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-29 SC337317 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-02-28 SC337317 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 SC337317 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-02-28 SC337317 frs-bus:Director1 2024-03-01 2025-02-28 SC337317 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 SC337317 frs-countries:Scotland 2024-03-01 2025-02-28 SC337317 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-02-29 SC337317 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-02-29 SC337317 2023-02-28 SC337317 2024-02-29 SC337317 2023-03-01 2024-02-29 SC337317 frs-core:CurrentFinancialInstruments 2024-02-29 SC337317 frs-core:Non-currentFinancialInstruments 2024-02-29 SC337317 frs-core:ShareCapital 2024-02-29 SC337317 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: SC337317
EPC Scotland Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Glen Drummond Ltd
Chartered Accountants
Argyll House
Quarrywood Court
Livingston
EH54 6AX
EPC Scotland Limited
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—7

Page 1
EPC Scotland Limited
Accountant's Report
For The Year Ended 28 February 2025
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of EPC Scotland Limited for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of EPC Scotland Limited for the year ended 28 February 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company's accounting records and from information and explanations you have given to us.
As a practising member of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020.
This report is made solely to the director of EPC Scotland Limited , as a body, in accordance with the terms of our engagement letter dated 19 September 2023. Our work has been undertaken solely to prepare for your approval the accounts of EPC Scotland Limited and state those matters that we have agreed to state to the director of EPC Scotland Limited , as a body, in this report in accordance with the requirements of the ICAS as detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EPC Scotland Limited and its director, as a body, for our work or for this report.
It is your duty to ensure that EPC Scotland Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of EPC Scotland Limited . You consider that EPC Scotland Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EPC Scotland Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Signed
19 February 2026

Glen Drummond Ltd
Chartered Accountants
Argyll House
Quarrywood Court
Livingston
EH54 6AX
Page 1
Page 2
EPC Scotland Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: SC337317

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,297 |  | 748
Investments | 5 |  | 798 |  | 798
|  |  | 2,095 |  | 1,546
CURRENT ASSETS
Stocks | 6 | - |  | 43,323 |
Debtors | 7 | 15,832 |  | 53,819 |
Cash at bank and in hand |  | 3,358 |  | 1,480 |
|  | 19,190 |  | 98,622 |
Creditors: Amounts Falling Due Within One Year | 8 | (20,686 ) |  | (59,040 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,496 ) |  | 39,582
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 599 |  | 41,128
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (18,228 ) |  | (22,673 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (324 ) |  | (187 )
NET (LIABILITIES)/ASSETS |  |  | (17,953 ) |  | 18,268
CAPITAL AND RESERVES
Called up share capital | 11 |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | (18,953 ) |  | 17,268
SHAREHOLDERS' FUNDS |  |  | (17,953) |  | 18,268

Page 2
Page 3
EPC Scotland Limited
Balance Sheet (continued)
As At 28 February 2025
For the year ending 28 February 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 B Walls Director
19 February 2026

The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
EPC Scotland Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
EPC Scotland Limited is a private company, limited by shares, incorporated in Scotland, registered number SC337317 . The registered office is 70 Scott Brae, Ladywell, Livingston, West Lothian, EH54 6ZX.
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. Going Concern Disclosure
These financial statements have been prepared on a going concern basis as the company is being supported by the bank loan.
2.3. 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.
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.
2.4. 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:

Computer Equipment | 25% on cost

2.5. 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.
2.6. Financial Instruments
Basic financial instruments are initially recognised at transaction price, including transaction costs, and subsequently measured at amortised cost using the effective interest method, where applicable. These can include trade and other debtors, cash and bank balances, trade and other creditors, and intercompany balances. Financial assets are assessed at the end of each reporting period for evidence of impairment and adjusted if necessary. The company does not hold or issue any complex financial instruments such as derivatives.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. 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.
...CONTINUED
Page 4
Page 5
EPC Scotland Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
2.8. Taxation - continued
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.
2.9. Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 March 2024 | 1,334
Additions | 1,065
As at 28 February 2025 | 2,399
Depreciation
As at 1 March 2024 | 586
Provided during the period | 516
As at 28 February 2025 | 1,102
Net Book Value
As at 28 February 2025 | 1,297
As at 1 March 2024 | 748

5. Investments

| Unlisted
--- | ---
| £
Cost
As at 1 March 2024 | 798
As at 28 February 2025 | 798
Provision
As at 1 March 2024 | -
As at 28 February 2025 | -
Net Book Value
As at 28 February 2025 | 798
As at 1 March 2024 | 798

Page 5
Page 6
EPC Scotland Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Work in progress | - |  | 43,323

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 6,600 |  | 53,819
Other debtors | 9,232 |  | -
| 15,832 |  | 53,819

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 4,517 |  | 4,406
Other loans | - |  | 2,677
Other creditors | - |  | 90
Taxation and social security | 16,169 |  | 51,867
| 20,686 |  | 59,040

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 18,228 |  | 22,673

10. Loans
An analysis of the maturity of loans is given below:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts falling due within one year or on demand:
Bank loans | 4,517 |  | 4,406
Other loans | - |  | 2,677
| 4,517 |  | 7,083

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts falling due between one and five years:
Bank loans | 18,228 |  | 22,673

The bank loan is supported by a 100% guarantee from the UK Government.
11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

Page 6
Page 7
EPC Scotland Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
12. Related Party Disclosures
The company operates a loan account with the director, Mr B Walls.
During the year, the company advanced loans totalling £6,341 to the director. At the year end, the balance due from the director was £6,251 (2024: £90 owed to the director). This loan is unsecured, interest free and has no fixed repayment terms.
Page 7