Acorah Software Products - Accounts Production 16.7.461 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 SC479262 Mrs Lynsay Armit Mr Steven Armit Mr and Mrs Armit true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC479262 2024-06-30 SC479262 2025-06-30 SC479262 2024-07-01 2025-06-30 SC479262 frs-core:CurrentFinancialInstruments 2025-06-30 SC479262 frs-core:Non-currentFinancialInstruments 2025-06-30 SC479262 frs-core:BetweenOneFiveYears 2025-06-30 SC479262 frs-core:FurnitureFittings 2025-06-30 SC479262 frs-core:FurnitureFittings 2024-07-01 2025-06-30 SC479262 frs-core:FurnitureFittings 2024-06-30 SC479262 frs-core:NetGoodwill 2025-06-30 SC479262 frs-core:NetGoodwill 2024-07-01 2025-06-30 SC479262 frs-core:NetGoodwill 2024-06-30 SC479262 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-06-30 SC479262 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 SC479262 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 SC479262 frs-core:MotorVehicles 2025-06-30 SC479262 frs-core:MotorVehicles 2024-07-01 2025-06-30 SC479262 frs-core:MotorVehicles 2024-06-30 SC479262 frs-core:PlantMachinery 2025-06-30 SC479262 frs-core:PlantMachinery 2024-07-01 2025-06-30 SC479262 frs-core:PlantMachinery 2024-06-30 SC479262 frs-core:WithinOneYear 2025-06-30 SC479262 frs-core:ShareCapital 2025-06-30 SC479262 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 SC479262 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC479262 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 SC479262 frs-bus:SmallEntities 2024-07-01 2025-06-30 SC479262 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC479262 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC479262 1 2024-07-01 2025-06-30 SC479262 frs-bus:Director1 2024-07-01 2025-06-30 SC479262 frs-bus:Director2 2024-07-01 2025-06-30 SC479262 frs-countries:Scotland 2024-07-01 2025-06-30 SC479262 2023-06-30 SC479262 2024-06-30 SC479262 2023-07-01 2024-06-30 SC479262 frs-core:CurrentFinancialInstruments 2024-06-30 SC479262 frs-core:Non-currentFinancialInstruments 2024-06-30 SC479262 frs-core:BetweenOneFiveYears 2024-06-30 SC479262 frs-core:WithinOneYear 2024-06-30 SC479262 frs-core:ShareCapital 2024-06-30 SC479262 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: SC479262
Armits Autos Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Rosslyn Associates Ltd
Chartered Tax Advisers & Accountants
The Walled Garden
South Building
Bush Estate
Midlothian
EH26 0SD
Armits Autos Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Armits Autos Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: SC479262

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 382,111 |  | 320,987
|  |  | 382,111 |  | 320,987
CURRENT ASSETS
Stocks | 6 | 166,711 |  | 184,910 |
Debtors | 7 | 396,983 |  | 420,034 |
Cash at bank and in hand |  | 44,187 |  | 122,373 |
|  | 607,881 |  | 727,317 |
Creditors: Amounts Falling Due Within One Year | 8 | (627,960 ) |  | (639,242 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (20,079 ) |  | 88,075
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 362,032 |  | 409,062
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (142,918 ) |  | (149,552 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (63,776 ) |  | (57,620 )
NET ASSETS |  |  | 155,338 |  | 201,890
CAPITAL AND RESERVES
Called up share capital | 11 |  | 100 |  | 100
Profit and Loss Account |  |  | 155,238 |  | 201,790
SHAREHOLDERS' FUNDS |  |  | 155,338 |  | 201,890

Page 1
Page 2
Armits Autos Ltd
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 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

Mrs Lynsay Armit Director
15/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Armits Autos Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Armits Autos Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC479262 . The registered office is 18 Dunnet Way, East Mains Industrial Estate, Broxburn, West Lothian, EH52 5NN.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. 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.
2.4. 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:

Leasehold | No depreciation
Plant & Machinery | 20% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 20% reducing balance

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 profit and loss account 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 profit and loss account 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
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2024: 19)
19 19
Page 3
Page 4
Armits Autos Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 July 2024 | 11,000
As at 30 June 2025 | 11,000
Amortisation
As at 1 July 2024 | 11,000
As at 30 June 2025 | 11,000
Net Book Value
As at 30 June 2025 | -
As at 1 July 2024 | -

5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
| £ | £ | £ | £ | £
Cost
As at 1 July 2024 | 12,363 | 194,840 | 337,501 | 61,135 | 605,839
Additions | 31,399 | 21,624 | 81,500 | 3,649 | 138,172
As at 30 June 2025 | 43,762 | 216,464 | 419,001 | 64,784 | 744,011
Depreciation
As at 1 July 2024 | - | 122,523 | 116,726 | 45,603 | 284,852
Provided during the period | - | 18,377 | 55,194 | 3,477 | 77,048
As at 30 June 2025 | - | 140,900 | 171,920 | 49,080 | 361,900
Net Book Value
As at 30 June 2025 | 43,762 | 75,564 | 247,081 | 15,704 | 382,111
As at 1 July 2024 | 12,363 | 72,317 | 220,775 | 15,532 | 320,987

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Materials | 45,000 |  | 42,500
Work in progress | 121,711 |  | 142,410
| 166,711 |  | 184,910

Page 4
Page 5
Armits Autos Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 367,013 |  | 393,324
Other debtors | 29,970 |  | 26,710
| 396,983 |  | 420,034

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 71,194 |  | 55,044
Trade creditors | 234,282 |  | 233,022
Bank loans and overdrafts | - |  | 35,019
Other creditors | 244,264 |  | 224,310
Taxation and social security | 78,220 |  | 91,847
| 627,960 |  | 639,242

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 142,918 |  | 149,552

10. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 71,194 |  | 55,044
Later than one year and not later than five years | 142,918 |  | 149,552
| 214,112 |  | 204,596
| 214,112 |  | 204,596

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

12. Related Party Transactions
The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.
13. Ultimate Controlling Party
The company's ultimate controlling parties are Mr and Mrs Armit by virtue of their equal ownership of 100% of the issued share capital in the company.
14. Floating Charge
Clydesdale Bank PLC hold a floating charge over the charged assets of the company which covers all the property or undertaking of the company.
Page 5