Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 SC605629 Mr Dean McGill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC605629 2024-08-31 SC605629 2025-08-31 SC605629 2024-09-01 2025-08-31 SC605629 frs-core:CurrentFinancialInstruments 2025-08-31 SC605629 frs-core:Non-currentFinancialInstruments 2025-08-31 SC605629 frs-core:ComputerEquipment 2025-08-31 SC605629 frs-core:ComputerEquipment 2024-09-01 2025-08-31 SC605629 frs-core:ComputerEquipment 2024-08-31 SC605629 frs-core:FurnitureFittings 2025-08-31 SC605629 frs-core:FurnitureFittings 2024-09-01 2025-08-31 SC605629 frs-core:FurnitureFittings 2024-08-31 SC605629 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 SC605629 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 SC605629 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 SC605629 frs-core:MotorVehicles 2025-08-31 SC605629 frs-core:MotorVehicles 2024-09-01 2025-08-31 SC605629 frs-core:MotorVehicles 2024-08-31 SC605629 frs-core:PlantMachinery 2025-08-31 SC605629 frs-core:PlantMachinery 2024-09-01 2025-08-31 SC605629 frs-core:PlantMachinery 2024-08-31 SC605629 frs-core:ShareCapital 2025-08-31 SC605629 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC605629 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC605629 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 SC605629 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC605629 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC605629 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC605629 frs-bus:Director1 2024-09-01 2025-08-31 SC605629 frs-core:CurrentFinancialInstruments 1 2025-08-31 SC605629 frs-core:CurrentFinancialInstruments 2 2025-08-31 SC605629 frs-countries:Scotland 2024-09-01 2025-08-31 SC605629 2023-08-31 SC605629 2024-08-31 SC605629 2023-09-01 2024-08-31 SC605629 frs-core:CurrentFinancialInstruments 2024-08-31 SC605629 frs-core:Non-currentFinancialInstruments 2024-08-31 SC605629 frs-core:ShareCapital 2024-08-31 SC605629 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC605629 frs-core:CurrentFinancialInstruments 1 2024-08-31 SC605629 frs-core:CurrentFinancialInstruments 2 2024-08-31
Registered number: SC605629
D McGill Electrical Ltd
Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC605629
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 366,392 392,205
366,392 392,205
CURRENT ASSETS
Debtors 5 833,923 1,143,310
Cash at bank and in hand 1,116,064 877,258
1,949,987 2,020,568
Creditors: Amounts Falling Due Within One Year 6 (436,567 ) (571,253 )
NET CURRENT ASSETS (LIABILITIES) 1,513,420 1,449,315
TOTAL ASSETS LESS CURRENT LIABILITIES 1,879,812 1,841,520
Creditors: Amounts Falling Due After More Than One Year 7 - (8,168 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,434 ) (14,434 )
NET ASSETS 1,865,378 1,818,918
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,865,278 1,818,818
SHAREHOLDERS' FUNDS 1,865,378 1,818,918
Page 1
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For the year ending 31 August 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 Dean McGill
Director
11 May 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
D McGill Electrical Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC605629 . 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:
Freehold No Depreciation
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
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2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred 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 and deferred 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: 9 (2024: 10)
9 10
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 September 2024 105,000 279,116 220,815 30,249
Additions - 10,951 58,000 215
Disposals - (10,000 ) - -
As at 31 August 2025 105,000 280,067 278,815 30,464
...CONTINUED
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Depreciation
As at 1 September 2024 - 127,568 102,142 14,554
Provided during the period - 38,125 44,169 6,976
Disposals - (4,250 ) - -
As at 31 August 2025 - 161,443 146,311 21,530
Net Book Value
As at 31 August 2025 105,000 118,624 132,504 8,934
As at 1 September 2024 105,000 151,548 118,673 15,695
Computer Equipment Total
£ £
Cost
As at 1 September 2024 6,236 641,416
Additions 1,082 70,248
Disposals - (10,000 )
As at 31 August 2025 7,318 701,664
Depreciation
As at 1 September 2024 4,947 249,211
Provided during the period 1,041 90,311
Disposals - (4,250 )
As at 31 August 2025 5,988 335,272
Net Book Value
As at 31 August 2025 1,330 366,392
As at 1 September 2024 1,289 392,205
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 131,655 463,042
Other debtors 15,755 15,755
147,410 478,797
Due after more than one year
Related party debtors 686,513 664,513
833,923 1,143,310
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 52,238 24,325
Bank loans and overdrafts 7,913 10,077
Corporation tax 16,923 162,001
Other taxes and social security 7,875 7,710
VAT 63,367 155,111
Pension Creditor 3,043 2,617
Attachments creditor 595 175
Other creditor 100,000 100,000
Accruals and deferred income 21,224 21,224
Director's loan account 163,389 88,013
436,567 571,253
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 8,168
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
McGill Properties Limited

McGill Properties Limited

Related party debtors includes a loan to Mcgill Properties Ltd of £686,513 under contract.
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