Acorah Software Products - Accounts Production 18.1.170 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC374073 Mr Benjamin Hadfield Mr Piotr Kamil Kapinos Mr Scott Nolan false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC374073 2024-03-31 SC374073 2025-03-31 SC374073 2024-04-01 2025-03-31 SC374073 frs-core:CurrentFinancialInstruments 2025-03-31 SC374073 frs-core:Non-currentFinancialInstruments 2025-03-31 SC374073 frs-core:FurnitureFittings 2025-03-31 SC374073 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC374073 frs-core:FurnitureFittings 2024-03-31 SC374073 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 SC374073 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 SC374073 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 SC374073 frs-core:PlantMachinery 2025-03-31 SC374073 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC374073 frs-core:PlantMachinery 2024-03-31 SC374073 frs-core:RevaluationReserve 2025-03-31 SC374073 frs-core:ShareCapital 2025-03-31 SC374073 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC374073 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC374073 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC374073 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC374073 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC374073 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC374073 1 2024-04-01 2025-03-31 SC374073 frs-bus:Director1 2024-04-01 2025-03-31 SC374073 frs-bus:Director2 2024-04-01 2025-03-31 SC374073 frs-bus:Director3 2024-04-01 2025-03-31 SC374073 frs-countries:Scotland 2024-04-01 2025-03-31 SC374073 frs-countries:Scotland 2024-04-01 2025-03-31 SC374073 2023-03-31 SC374073 2024-03-31 SC374073 2023-04-01 2024-03-31 SC374073 frs-core:CurrentFinancialInstruments 2024-03-31 SC374073 frs-core:Non-currentFinancialInstruments 2024-03-31 SC374073 frs-core:RevaluationReserve 2024-03-31 SC374073 frs-core:ShareCapital 2024-03-31 SC374073 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC374073
Sanda Island Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
Sanda Island Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Sanda Island Limited
Statement of Financial Position
As At 31 March 2025
Statement of Financial Position
Registered number: SC374073

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 2,550,633 |  | 2,550,633
|  |  | 2,550,633 |  | 2,550,633
CURRENT ASSETS
Stocks | 5 | 47,950 |  | 62,080 |
Debtors | 6 | 1,869 |  | 40,556 |
Cash at bank and in hand |  | 697 |  | 6,113 |
|  | 50,516 |  | 108,749 |
Creditors: Amounts Falling Due Within One Year | 7 | (2,146 ) |  | (3,206 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 48,370 |  | 105,543
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,599,003 |  | 2,656,176
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (3,800,000 ) |  | (4,078,455 )
NET LIABILITIES |  |  | (1,200,997 ) |  | (1,422,279 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 1,000 |  | 1,000
Revaluation reserve |  |  | 5,394 |  | 5,394
Income Statement |  |  | (1,207,391 ) |  | (1,428,673 )
SHAREHOLDERS' FUNDS |  |  | (1,200,997) |  | (1,422,279)

Page 1
Page 2
Sanda Island Limited
Statement of Financial Position (continued)
As At 31 March 2025
For the year ending 31 March 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 Income Statement.
On behalf of the board

Mr Piotr Kamil Kapinos Director
12 February 2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Sanda Island Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Sanda Island Limited is a private company, limited by shares, incorporated in Scotland, registered number SC374073 . The registered office is 1st Floor Admiralty Park, Admiralty Road, Rosyth, Fife, KY11 2YW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention 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 financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Going Concern Disclosure
The directors have prepared the financial statements on a going concern basis after assessing that the company's shareholder will continue to support the company over the following twelve months at least.
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.
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; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. 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.
2.4. 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:

Freehold | Not Depreciated
Plant & Machinery | Fully Depreciated
Fixtures & Fittings | Fully Depreciated

2.5. Stocks and Work in Progress
Stock comprises livestock held in the ordinary course of the company’s activities. Stock is stated 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.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: 1)
- 1
Page 3
Page 4
Sanda Island Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Fixtures & Fittings | Total
| £ | £ | £ | £
Cost
As at 1 April 2024 | 2,550,633 | 310,829 | 46,118 | 2,907,580
As at 31 March 2025 | 2,550,633 | 310,829 | 46,118 | 2,907,580
Depreciation
As at 1 April 2024 | - | 310,829 | 46,118 | 356,947
As at 31 March 2025 | - | 310,829 | 46,118 | 356,947
Net Book Value
As at 31 March 2025 | 2,550,633 | - | - | 2,550,633
As at 1 April 2024 | 2,550,633 | - | - | 2,550,633

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 47,950 |  | 62,080

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 943 |  | -
Prepayments and accrued income | 866 |  | 2,527
Other debtors | 60 |  | 37,516
VAT | - |  | 513
| 1,869 |  | 40,556

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 304 |  | 1,706
VAT | 342 |  | -
Accruals and deferred income | 1,500 |  | 1,500
| 2,146 |  | 3,206

Page 4
Page 5
Sanda Island Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | - |  | 261,702
Directors loan account | - |  | 3,816,753
Amounts owed to parent undertaking | 3,800,000 |  | -
| 3,800,000 |  | 4,078,455

9. Share Capital

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

10. Related Party Disclosures
During the year, the company was released from a loan obligation of £297,689 that had been due to a related party. The related party is a company under common control, as both entities were controlled by the same director. The release of this liability has been recognised as income in the income statement.
11. Controlling Parties
During the year, the company became a wholly owned subsidiary of Mowi Scotland Limited , a private limited company incorporated in Scotland with its registered office at 1st Floor Admiralty Park, Admiralty Road, Rosyth, Fife, KY11 2YW.
The company's ultimate parent undertaking is Mowi Holdings As , a public limited company registered in Norway and listed on the Oslo Stock Exchange. The company results are included in the consolidated accounts of the ultimate parent undertaking, which are publicly available.
Page 5