Acorah Software Products - Accounts Production 16.8.310 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 SC344159 W M Ackroyd K M Ackroyd D Nicoll B A McCombie G B Masson W M Ackroyd false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC344159 2024-06-30 SC344159 2025-06-30 SC344159 2024-07-01 2025-06-30 SC344159 frs-core:CurrentFinancialInstruments 2025-06-30 SC344159 frs-core:Non-currentFinancialInstruments 2025-06-30 SC344159 frs-core:BetweenOneFiveYears 2025-06-30 SC344159 frs-core:ComputerEquipment 2025-06-30 SC344159 frs-core:ComputerEquipment 2024-07-01 2025-06-30 SC344159 frs-core:ComputerEquipment 2024-06-30 SC344159 frs-core:FurnitureFittings 2025-06-30 SC344159 frs-core:FurnitureFittings 2024-07-01 2025-06-30 SC344159 frs-core:FurnitureFittings 2024-06-30 SC344159 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-06-30 SC344159 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 SC344159 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 SC344159 frs-core:MotorVehicles 2025-06-30 SC344159 frs-core:MotorVehicles 2024-07-01 2025-06-30 SC344159 frs-core:MotorVehicles 2024-06-30 SC344159 frs-core:PlantMachinery 2025-06-30 SC344159 frs-core:PlantMachinery 2024-07-01 2025-06-30 SC344159 frs-core:PlantMachinery 2024-06-30 SC344159 frs-core:WithinOneYear 2025-06-30 SC344159 frs-core:ShareCapital 2025-06-30 SC344159 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 SC344159 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC344159 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 SC344159 frs-bus:SmallEntities 2024-07-01 2025-06-30 SC344159 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC344159 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC344159 1 2024-07-01 2025-06-30 SC344159 frs-bus:Director1 2024-07-01 2025-06-30 SC344159 frs-bus:Director2 2024-07-01 2025-06-30 SC344159 frs-bus:Director3 2024-07-01 2025-06-30 SC344159 frs-bus:Director4 2024-07-01 2025-06-30 SC344159 frs-bus:Director5 2024-07-01 2025-06-30 SC344159 frs-countries:Scotland 2024-07-01 2025-06-30 SC344159 2023-06-30 SC344159 2024-06-30 SC344159 2023-07-01 2024-06-30 SC344159 frs-core:CurrentFinancialInstruments 2024-06-30 SC344159 frs-core:Non-currentFinancialInstruments 2024-06-30 SC344159 frs-core:BetweenOneFiveYears 2024-06-30 SC344159 frs-core:WithinOneYear 2024-06-30 SC344159 frs-core:ShareCapital 2024-06-30 SC344159 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: SC344159
Oilenco Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Infinity Advisors Ltd t/a Infinity Partnership
Oilenco Limited
Contents
Contents

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

Page 1
Oilenco Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: SC344159

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,932,344 |  | 2,936,254
|  |  | 2,932,344 |  | 2,936,254
CURRENT ASSETS
Debtors | 5 | 2,535,473 |  | 2,904,560 |
Cash at bank and in hand |  | 1,612,216 |  | 1,438,065 |
|  | 4,147,689 |  | 4,342,625 |
Creditors: Amounts Falling Due Within One Year | 6 | (1,029,161 ) |  | (1,335,319 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 3,118,528 |  | 3,007,306
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 6,050,872 |  | 5,943,560
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (299,496 ) |  | (299,324 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (148,078 ) |  | (256,983 )
NET ASSETS |  |  | 5,603,298 |  | 5,387,253
CAPITAL AND RESERVES
Called up share capital | 9 |  | 10,000 |  | 10,000
Profit and Loss Account |  |  | 5,593,298 |  | 5,377,253
SHAREHOLDERS' FUNDS |  |  | 5,603,298 |  | 5,387,253

Page 1
Page 2
Oilenco Limited
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

W M Ackroyd Director
4th March 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Oilenco Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Oilenco Limited is a private company, limited by shares, incorporated in Scotland, registered number SC344159 . The registered office is Silvertrees Drive Silvertrees Industrial, Westhill, United Kingdom, Aberdeen, AB32 6BH.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:

Freehold | No depreciation policy
Plant & Machinery | 20% reducing balance
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 20% reducing balance
Computer Equipment | 3 years striaght line

2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under
hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are
depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the
future payments is treated as a liability.
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.5. 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.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those
in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been
enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.
Page 3
Page 4
Oilenco Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
3. Average Number of Employees
Average number of employees, including directors, during the period was 48 (2024: 46)
48 46
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings
| £ | £ | £ | £
Cost
As at 1 July 2024 | 2,296,754 | 1,116,911 | 43,372 | 180,273
Additions | - | - | 135,473 | 13,233
Disposals | - | - | (26,852 ) | (35,844 )
As at 30 June 2025 | 2,296,754 | 1,116,911 | 151,993 | 157,662
Depreciation
As at 1 July 2024 | - | 554,821 | 35,612 | 120,428
Provided during the period | - | 112,418 | 21,724 | 12,837
Disposals | - | - | (22,245 ) | (33,588 )
As at 30 June 2025 | - | 667,239 | 35,091 | 99,677
Net Book Value
As at 30 June 2025 | 2,296,754 | 449,672 | 116,902 | 57,985
As at 1 July 2024 | 2,296,754 | 562,090 | 7,760 | 59,845

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 July 2024 | 178,037 | 3,815,347
Additions | 11,420 | 160,126
Disposals | (173,509 ) | (236,205 )
As at 30 June 2025 | 15,948 | 3,739,268
Depreciation
As at 1 July 2024 | 168,232 | 879,093
Provided during the period | 9,891 | 156,870
Disposals | (173,206 ) | (229,039 )
As at 30 June 2025 | 4,917 | 806,924
Net Book Value
As at 30 June 2025 | 11,031 | 2,932,344
As at 1 July 2024 | 9,805 | 2,936,254

Page 4
Page 5
Oilenco Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,423,947 |  | 2,708,436
Other debtors | 111,526 |  | 196,124
| 2,535,473 |  | 2,904,560

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 92,671 |  | 72,159
Trade creditors | 214,877 |  | 346,617
Other creditors | 318,215 |  | 305,634
Taxation and social security | 403,398 |  | 610,909
| 1,029,161 |  | 1,335,319

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 299,496 |  | 299,324

8. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 92,671 |  | 72,159
Later than one year and not later than five years | 299,496 |  | 299,324
| 392,167 |  | 371,483
| 392,167 |  | 371,483

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10,000 |  | 10,000

10. Controlling Party
The company's ultimate controlling party is W M Ackroyd .
Page 5