Acorah Software Products - Accounts Production 18.1.170 false true 31 July 2024 1 August 2023 false 1 August 2024 31 July 2025 31 July 2025 SC667847 Mr Nicholas Higgins Mr Lewis McKechnie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC667847 2024-07-31 SC667847 2025-07-31 SC667847 2024-08-01 2025-07-31 SC667847 frs-core:CurrentFinancialInstruments 2025-07-31 SC667847 frs-core:Non-currentFinancialInstruments 2025-07-31 SC667847 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-07-31 SC667847 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 SC667847 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 SC667847 frs-core:PlantMachinery 2025-07-31 SC667847 frs-core:PlantMachinery 2024-08-01 2025-07-31 SC667847 frs-core:PlantMachinery 2024-07-31 SC667847 frs-core:ShareCapital 2025-07-31 SC667847 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31 SC667847 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 SC667847 frs-bus:FilletedAccounts 2024-08-01 2025-07-31 SC667847 frs-bus:SmallEntities 2024-08-01 2025-07-31 SC667847 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 SC667847 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 SC667847 frs-bus:Director1 2024-08-01 2025-07-31 SC667847 frs-bus:Director2 2024-08-01 2025-07-31 SC667847 frs-countries:Scotland 2024-08-01 2025-07-31 SC667847 2023-07-31 SC667847 2024-07-31 SC667847 2023-08-01 2024-07-31 SC667847 frs-core:CurrentFinancialInstruments 2024-07-31 SC667847 frs-core:Non-currentFinancialInstruments 2024-07-31 SC667847 frs-core:ShareCapital 2024-07-31 SC667847 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: SC667847
Gnorth Properties Limited
Unaudited Financial Statements
For The Year Ended 31 July 2025
Almond Valley Accounting Limited
CIMA
Suite 14 Ellismuir House
Ellismuir Way
Tannochside
G71 5PW
Gnorth Properties Limited
Contents
Contents

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

Page 1
Gnorth Properties Limited
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: SC667847

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 107,082 |  | 107,333
|  |  | 107,082 |  | 107,333
CURRENT ASSETS
Debtors | 5 | (1,000 ) |  | - |
Cash at bank and in hand |  | 1,189 |  | 3,579 |
|  | 189 |  | 3,579 |
Creditors: Amounts Falling Due Within One Year | 6 | (1,110 ) |  | (2,289 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (921 ) |  | 1,290
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 106,161 |  | 108,623
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (105,617 ) |  | (106,617 )
NET ASSETS |  |  | 544 |  | 2,006
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | 444 |  | 1,906
SHAREHOLDERS' FUNDS |  |  | 544 |  | 2,006

Page 1
Page 2
Gnorth Properties Limited
Balance Sheet (continued)
As At 31 July 2025
For the year ending 31 July 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 Nicholas Higgins Director
10/04/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Gnorth Properties Limited
Notes to the Financial Statements
For The Year Ended 31 July 2025
Notes to the Financial Statements
1. General Information
Gnorth Properties Limited is a private company, limited by shares, incorporated in Scotland, registered number SC667847 . The registered office is 156 Queen Margaret Drive, Glasgow, G20 8NY.
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, 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at 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:

Freehold | 0%
Plant & Machinery | 20% reducing balance

The directors have decided not to depreciate the Freehold Property
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
Page 4
Gnorth Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 July 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Total
| £ | £ | £
Cost
As at 1 August 2024 | 106,080 | 2,088 | 108,168
As at 31 July 2025 | 106,080 | 2,088 | 108,168
Depreciation
As at 1 August 2024 | - | 835 | 835
Provided during the period | - | 251 | 251
As at 31 July 2025 | - | 1,086 | 1,086
Net Book Value
As at 31 July 2025 | 106,080 | 1,002 | 107,082
As at 1 August 2024 | 106,080 | 1,253 | 107,333

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Directors' current accounts - Lewis | (1,000 ) |  | -

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | - |  | 2
Corporation tax | 100 |  | 100
Other creditors | 1 |  | 1,695
Accruals and deferred income | 1,009 |  | 492
| 1,110 |  | 2,289

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Mortgage | 104,985 |  | 104,985
Amounts owed to related parties | 632 |  | 1,632
| 105,617 |  | 106,617

8. Share Capital

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

Page 4