Acorah Software Products - Accounts Production 18.1.200 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 SC626796 Mr Steven Simpson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC626796 2024-04-30 SC626796 2025-04-30 SC626796 2024-05-01 2025-04-30 SC626796 frs-core:CurrentFinancialInstruments 2025-04-30 SC626796 frs-core:Non-currentFinancialInstruments 2025-04-30 SC626796 frs-core:MotorVehicles 2025-04-30 SC626796 frs-core:MotorVehicles 2024-05-01 2025-04-30 SC626796 frs-core:MotorVehicles 2024-04-30 SC626796 frs-core:PlantMachinery 2025-04-30 SC626796 frs-core:PlantMachinery 2024-05-01 2025-04-30 SC626796 frs-core:PlantMachinery 2024-04-30 SC626796 frs-core:ShareCapital 2025-04-30 SC626796 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 SC626796 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 SC626796 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 SC626796 frs-bus:SmallEntities 2024-05-01 2025-04-30 SC626796 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 SC626796 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 SC626796 frs-bus:Director1 2024-05-01 2025-04-30 SC626796 frs-countries:Scotland 2024-05-01 2025-04-30 SC626796 2023-04-30 SC626796 2024-04-30 SC626796 2023-05-01 2024-04-30 SC626796 frs-core:CurrentFinancialInstruments 2024-04-30 SC626796 frs-core:Non-currentFinancialInstruments 2024-04-30 SC626796 frs-core:ShareCapital 2024-04-30 SC626796 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: SC626796
Simpson Property Solutions Fife Ltd
Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC626796
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,372 3,164
2,372 3,164
CURRENT ASSETS
Debtors 5 - 6,861
Cash at bank and in hand 182 142
182 7,003
Creditors: Amounts Falling Due Within One Year 6 (8,316 ) (5,864 )
NET CURRENT ASSETS (LIABILITIES) (8,134 ) 1,139
TOTAL ASSETS LESS CURRENT LIABILITIES (5,762 ) 4,303
Creditors: Amounts Falling Due After More Than One Year 7 (14,535 ) (14,530 )
NET LIABILITIES (20,297 ) (10,227 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (20,397 ) (10,327 )
SHAREHOLDERS' FUNDS (20,297) (10,227)
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For the year ending 30 April 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
Mr Steven Simpson
Director
23 April 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Simpson Property Solutions Fife Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC626796 . The registered office is 73 Dunnikier Road, Kirkcaldy, KY1 2RL.
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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2024 5,000 5,000 10,000
As at 30 April 2025 5,000 5,000 10,000
Depreciation
As at 1 May 2024 3,418 3,418 6,836
Provided during the period 396 396 792
As at 30 April 2025 3,814 3,814 7,628
Net Book Value
As at 30 April 2025 1,186 1,186 2,372
As at 1 May 2024 1,582 1,582 3,164
5. Debtors
2025 2024
£ £
Due within one year
Director's loan account - 6,861
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 4,200 4,200
Other taxes and social security 1,194 870
Accruals and deferred income 1,214 794
Director's loan account 1,708 -
8,316 5,864
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 14,535 14,530
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8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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