Acorah Software Products - Accounts Production 19.1.200 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 SC409423 Mr G Ruxton Mr C Boyd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC409423 2024-10-31 SC409423 2025-10-31 SC409423 2024-11-01 2025-10-31 SC409423 frs-core:CurrentFinancialInstruments 2025-10-31 SC409423 frs-core:Non-currentFinancialInstruments 2025-10-31 SC409423 frs-core:BetweenOneFiveYears 2025-10-31 SC409423 frs-core:ComputerEquipment 2025-10-31 SC409423 frs-core:ComputerEquipment 2024-11-01 2025-10-31 SC409423 frs-core:ComputerEquipment 2024-10-31 SC409423 frs-core:FurnitureFittings 2025-10-31 SC409423 frs-core:FurnitureFittings 2024-11-01 2025-10-31 SC409423 frs-core:FurnitureFittings 2024-10-31 SC409423 frs-core:MotorVehicles 2025-10-31 SC409423 frs-core:MotorVehicles 2024-11-01 2025-10-31 SC409423 frs-core:MotorVehicles 2024-10-31 SC409423 frs-core:PlantMachinery 2025-10-31 SC409423 frs-core:PlantMachinery 2024-11-01 2025-10-31 SC409423 frs-core:PlantMachinery 2024-10-31 SC409423 frs-core:WithinOneYear 2025-10-31 SC409423 frs-core:ShareCapital 2025-10-31 SC409423 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 SC409423 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC409423 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 SC409423 frs-bus:SmallEntities 2024-11-01 2025-10-31 SC409423 frs-bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 SC409423 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 SC409423 1 2024-11-01 2025-10-31 SC409423 frs-bus:Director1 2024-11-01 2025-10-31 SC409423 frs-bus:Director1 2024-10-31 SC409423 frs-bus:Director1 2025-10-31 SC409423 frs-bus:Director2 2024-11-01 2025-10-31 SC409423 frs-bus:Director2 2024-10-31 SC409423 frs-bus:Director2 2025-10-31 SC409423 frs-countries:Scotland 2024-11-01 2025-10-31 SC409423 2023-10-31 SC409423 2024-10-31 SC409423 2023-11-01 2024-10-31 SC409423 frs-core:CurrentFinancialInstruments 2024-10-31 SC409423 frs-core:Non-currentFinancialInstruments 2024-10-31 SC409423 frs-core:BetweenOneFiveYears 2024-10-31 SC409423 frs-core:ComputerEquipment 2023-11-01 2024-10-31 SC409423 frs-core:MotorVehicles 2023-11-01 2024-10-31 SC409423 frs-core:WithinOneYear 2024-10-31 SC409423 frs-core:ShareCapital 2024-10-31 SC409423 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: SC409423
Boyd Digital Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Nuvo Scotland Limited
Boyd Digital Ltd
Contents
Contents

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

Page 1
Boyd Digital Ltd
Accountants' Report
For The Year Ended 31 October 2025
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Boyd Digital Ltd for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Boyd Digital Ltd 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 us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Boyd Digital Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Boyd Digital Ltd and state those matters that we have agreed to state to the directors of Boyd Digital Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Boyd Digital Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Boyd Digital Ltd 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 Boyd Digital Ltd . You consider that Boyd Digital Ltd 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 Boyd Digital Ltd . 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 financial statements.

22 April 2026

Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 1
Page 2
Boyd Digital Ltd
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: SC409423

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 79,595 |  | 2,185
|  |  | 79,595 |  | 2,185
CURRENT ASSETS
Debtors | 5 | 191,967 |  | 129,910 |
Cash at bank and in hand |  | 4,313 |  | 32,539 |
|  | 196,280 |  | 162,449 |
Creditors: Amounts Falling Due Within One Year | 6 | (138,284 ) |  | (100,696 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 57,996 |  | 61,753
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 137,591 |  | 63,938
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (82,092 ) |  | (29,416 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (19,899 ) |  | -
NET ASSETS |  |  | 35,600 |  | 34,522
CAPITAL AND RESERVES
Called up share capital |  |  | 1,000 |  | 1,000
Profit and Loss Account |  |  | 34,600 |  | 33,522
SHAREHOLDERS' FUNDS |  |  | 35,600 |  | 34,522

Page 2
Page 3
Boyd Digital Ltd
Balance Sheet (continued)
As At 31 October 2025
For the year ending 31 October 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.
The financial statements were approved by the board of directors on 22 April 2026 and were signed on its behalf by:

Mr G Ruxton Director
22 April 2026

The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Boyd Digital Ltd
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
Boyd Digital Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC409423 . The registered office is 176 Bath Street, Glasgow, G2 4HG.
The presentation currency of the financial statements is the Pound Sterling (£).
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.
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
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Assets held under finance leases are depreciated in the same way as owned assets.
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:

Plant & Machinery | 20% on cost
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 33% on cost
Computer Equipment | 33% on cost

2.4. 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 profit and loss account as incurred.
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Boyd Digital Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.5. Financial Instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.
Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.
Basic financial liabilities
Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.
Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.
Financial liabilities are derecognised when the company's contractual obligations are discharged.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
2.6. 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.
2.7. 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 14)
14 14
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 November 2024 | - | - | 1,320 | 18,607 | 19,927
Additions | 4,017 | 69,550 | 4,261 | 4,362 | 82,190
As at 31 October 2025 | 4,017 | 69,550 | 5,581 | 22,969 | 102,117
Depreciation
As at 1 November 2024 | - | - | 1,320 | 16,422 | 17,742
Provided during the period | 505 | 2,898 | 266 | 1,111 | 4,780
As at 31 October 2025 | 505 | 2,898 | 1,586 | 17,533 | 22,522

...CONTINUED
Page 5
Page 6
Boyd Digital Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025

Net Book Value
As at 31 October 2025 | 3,512 | 66,652 | 3,995 | 5,436 | 79,595
As at 1 November 2024 | - | - | - | 2,185 | 2,185

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Motor Vehicles | 71,478 |  | -
Computer Equipment | 2,676 |  | -
| 74,154 |  | -

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 155,409 |  | 127,971
Prepayments and accrued income | 16,177 |  | 1,939
Directors' loan accounts | 20,381 |  | -
| 191,967 |  | 129,910

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 9,706 |  | -
Trade creditors | 19,793 |  | 3,363
Bank loans and overdrafts | 18,331 |  | 23,672
Corporation tax | 9,386 |  | 22,355
Other taxes and social security | 7,090 |  | 5,370
VAT | 69,523 |  | 38,610
Other creditors | 3,957 |  | 4,283
Accruals and deferred income | 498 |  | 3,043
| 138,284 |  | 100,696

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 58,863 |  | -
Bank loans | 23,229 |  | 29,416
| 82,092 |  | 29,416

8. Secured Creditors
The company has granted a bond and floating charge in favour of Santander UK PLC over all assets and present and future undertakings of the company regarding bank loans.
Page 6
Page 7
Boyd Digital Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 25,434 |  | 39,657
Later than one year and not later than five years | 6,781 |  | 15,225
| 32,215 |  | 54,882

10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 November 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 October 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Grant Ruxton | - | 10,064 | (328 ) | - | 9,736
Mr Colin Boyd | - | 31,232 | (20,587 ) | - | 10,645

The above loans are interest free and have no fixed repayment terms.
11. Related Party Transactions
During the year, fees of £42,000 (2024: £44,800) were payable to a company under control of the spouse of a director.
12. Ultimate Controlling Party
The company's ultimate controlling parties are Grant Ruxton and Colin Boyd by virtue of their ownership of 100% of the issued share capital in the company.
Page 7