Acorah Software Products - Accounts Production 19.1.200 false true 31 March 2024 1 April 2023 false 1 April 2024 30 September 2025 30 September 2025 SC245376 F Powada true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC245376 2024-03-31 SC245376 2025-09-30 SC245376 2024-04-01 2025-09-30 SC245376 frs-core:CurrentFinancialInstruments 2025-09-30 SC245376 frs-core:ComputerEquipment 2025-09-30 SC245376 frs-core:ComputerEquipment 2024-04-01 2025-09-30 SC245376 frs-core:ComputerEquipment 2024-03-31 SC245376 frs-core:FurnitureFittings 2025-09-30 SC245376 frs-core:FurnitureFittings 2024-04-01 2025-09-30 SC245376 frs-core:FurnitureFittings 2024-03-31 SC245376 frs-core:PlantMachinery 2025-09-30 SC245376 frs-core:PlantMachinery 2024-04-01 2025-09-30 SC245376 frs-core:PlantMachinery 2024-03-31 SC245376 frs-core:ShareCapital 2025-09-30 SC245376 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 SC245376 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-09-30 SC245376 frs-bus:FilletedAccounts 2024-04-01 2025-09-30 SC245376 frs-bus:SmallEntities 2024-04-01 2025-09-30 SC245376 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-09-30 SC245376 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-09-30 SC245376 1 2024-04-01 2025-09-30 SC245376 frs-bus:Director1 2024-04-01 2025-09-30 SC245376 frs-countries:Scotland 2024-04-01 2025-09-30 SC245376 2023-03-31 SC245376 2024-03-31 SC245376 2023-04-01 2024-03-31 SC245376 frs-core:CurrentFinancialInstruments 2024-03-31 SC245376 frs-core:ShareCapital 2024-03-31 SC245376 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC245376
Thistle Polymer Composites Limited
Unaudited Financial Statements
For the Period 1 April 2024 to 30 September 2025
Infinity Advisors Ltd t/a Infinity Partnership
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: SC245376
30 September 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 1,750 1,750
Debtors 6 36,995 5,378
Cash at bank and in hand 90,136 240,008
128,881 247,136
Creditors: Amounts Falling Due Within One Year 7 (33,511 ) (133,654 )
NET CURRENT ASSETS (LIABILITIES) 95,370 113,482
TOTAL ASSETS LESS CURRENT LIABILITIES 95,370 113,482
NET ASSETS 95,370 113,482
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 95,369 113,481
SHAREHOLDERS' FUNDS 95,370 113,482
For the period ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
F Powada
Director
22nd April 2026
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Thistle Polymer Composites Limited is a private company, limited by shares, incorporated in Scotland, registered number SC245376 . The registered office is Bridge Of Mondynes, Fordoun, Laurencekirk, AB30 1LD.
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:
Plant & Machinery - 20% on cost
Fixtures & Fittings - 20% on cost
Computer Equipment - 33% on cost
2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
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.
2.7. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the period was 3 (2024: 3)
3 3
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 7,613 292 3,886 11,791
As at 30 September 2025 7,613 292 3,886 11,791
Depreciation
As at 1 April 2024 7,613 292 3,886 11,791
As at 30 September 2025 7,613 292 3,886 11,791
Net Book Value
As at 30 September 2025 - - - -
As at 1 April 2024 - - - -
5. Stocks
30 September 2025 31 March 2024
£ £
Stock 1,750 1,750
6. Debtors
30 September 2025 31 March 2024
£ £
Due within one year
Trade debtors 21,131 -
Other debtors 15,864 5,378
36,995 5,378
7. Creditors: Amounts Falling Due Within One Year
30 September 2025 31 March 2024
£ £
Other creditors 22,298 122,525
Taxation and social security 11,213 11,129
33,511 133,654
8. Share Capital
30 September 2025 31 March 2024
£ £
Allotted, Called up and fully paid 1 1
Page 3
Page 4
9. Ultimate Controlling Party
The company's ultimate controlling party is F Powada.
Page 4