Acorah Software Products - Accounts Production 19.1.200 false true 31 August 2024 1 September 2023 false 11 May 2026 1 September 2024 31 August 2025 31 August 2025 SC176490 Mr T Allan Ms C Donaldson Stronachs Secretaries Limited 508 Union Street Aberdeen AB10 1TT true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC176490 2024-08-31 SC176490 2025-08-31 SC176490 2024-09-01 2025-08-31 SC176490 frs-core:CurrentFinancialInstruments 2025-08-31 SC176490 frs-core:BetweenOneFiveYears 2025-08-31 SC176490 frs-core:ComputerEquipment 2025-08-31 SC176490 frs-core:ComputerEquipment 2024-09-01 2025-08-31 SC176490 frs-core:ComputerEquipment 2024-08-31 SC176490 frs-core:FurnitureFittings 2025-08-31 SC176490 frs-core:FurnitureFittings 2024-09-01 2025-08-31 SC176490 frs-core:FurnitureFittings 2024-08-31 SC176490 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 SC176490 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 SC176490 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 SC176490 frs-core:MoreThanFiveYears 2025-08-31 SC176490 frs-core:WithinOneYear 2025-08-31 SC176490 frs-core:ShareCapital 2025-08-31 SC176490 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC176490 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC176490 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 SC176490 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC176490 frs-bus:Audited 2024-09-01 2025-08-31 SC176490 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC176490 1 2024-09-01 2025-08-31 SC176490 frs-core:DeferredTaxation 2024-09-01 2025-08-31 SC176490 frs-core:DeferredTaxation 2024-08-31 SC176490 frs-core:DeferredTaxation 2025-08-31 SC176490 frs-bus:Director1 2024-09-01 2025-08-31 SC176490 frs-bus:Director2 2024-09-01 2025-08-31 SC176490 frs-bus:CompanySecretary1 2024-09-01 2025-08-31 SC176490 frs-countries:Scotland 2024-09-01 2025-08-31 SC176490 2023-08-31 SC176490 2024-08-31 SC176490 2023-09-01 2024-08-31 SC176490 frs-core:CurrentFinancialInstruments 2024-08-31 SC176490 frs-core:BetweenOneFiveYears 2024-08-31 SC176490 frs-core:MoreThanFiveYears 2024-08-31 SC176490 frs-core:WithinOneYear 2024-08-31 SC176490 frs-core:ShareCapital 2024-08-31 SC176490 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: SC176490
Team Recruitment (Aberdeen) Limited
Financial Statements
For The Year Ended 31 August 2025
Team Recruitment (Aberdeen) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—6

Page 1
Team Recruitment (Aberdeen) Limited
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: SC176490

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 58,796 |  | 73,905
|  |  | 58,796 |  | 73,905
CURRENT ASSETS
Debtors | 5 | 3,804,148 |  | 4,341,078 |
Cash at bank and in hand |  | 148,748 |  | 422,671 |
|  | 3,952,896 |  | 4,763,749 |
Creditors: Amounts Falling Due Within One Year | 6 | (869,940 ) |  | (1,827,485 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 3,082,956 |  | 2,936,264
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,141,752 |  | 3,010,169
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,772 ) |  | (3,531 )
NET ASSETS |  |  | 3,139,980 |  | 3,006,638
CAPITAL AND RESERVES
Called up share capital |  |  | 2 |  | 2
Profit and Loss Account |  |  | 3,139,978 |  | 3,006,636
SHAREHOLDERS' FUNDS |  |  | 3,139,980 |  | 3,006,638

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 6 May 2026 and were signed on its behalf by:

Ms C Donaldson Director
6 May 2026

The notes on pages 2 to 6 form part of these financial statements.
Page 1
Page 2
Team Recruitment (Aberdeen) Limited
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
Team Recruitment (Aberdeen) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC176490 . The registered office is 28 Albyn Place, Aberdeen, AB10 1YL.
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. The financial statements have been prepared under the historical cost convention.
2.2. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Turnover represents the provision of personnel to clients. Turnover is recognised on the completion of approved timesheets and on placement of personnel.
2.4. 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:

Improvements to property | 10% on cost
Fixtures & Fittings | 33% on cost
Computer Equipment | 33% on cost

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised within administrative expenses in the profit and loss account.
2.5. Leasing and Hire Purchase Contracts
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.
Page 2
Page 3
Team Recruitment (Aberdeen) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
2.6. 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.
2.7. 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.
2.8. 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 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.
Deferred tax
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. 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.
2.10. Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Page 3
Page 4
Team Recruitment (Aberdeen) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 68 (2024: 81)
68 81
4. Tangible Assets

| Land & Property
--- | ---
| Improvements to property | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £
Cost
As at 1 September 2024 | 89,841 | 28,879 | 16,912 | 135,632
Additions | 3,500 | - | - | 3,500
Disposals | - | - | (562 ) | (562 )
As at 31 August 2025 | 93,341 | 28,879 | 16,350 | 138,570
Depreciation
As at 1 September 2024 | 32,307 | 16,674 | 12,746 | 61,727
Provided during the period | 7,421 | 8,019 | 3,071 | 18,511
Disposals | - | - | (464 ) | (464 )
As at 31 August 2025 | 39,728 | 24,693 | 15,353 | 79,774
Net Book Value
As at 31 August 2025 | 53,613 | 4,186 | 997 | 58,796
As at 1 September 2024 | 57,534 | 12,205 | 4,166 | 73,905

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 799,789 |  | 1,291,879
Prepayments and accrued income | 44,821 |  | 317,849
Other debtors | 49,503 |  | 50,644
Amounts owed by group undertakings | 2,910,035 |  | 2,680,706
| 3,804,148 |  | 4,341,078

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 9,971 |  | 41,818
Corporation tax | 74,685 |  | 180,885
Other taxes and social security | 88,929 |  | 89,776
VAT | 113,131 |  | 198,313
Other creditors | 538,743 |  | 1,089,313
Accruals and deferred income | 44,481 |  | 227,380
| 869,940 |  | 1,827,485

Page 4
Page 5
Team Recruitment (Aberdeen) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
7. Secured Creditors
A Bond and Floating Charge is held by the bank over the whole assets of the company.
A Corporate Guarantee is in place, executed by SLLP 246 Limited.
A Multi Client Guarantee is in place, executed by Tulloch Recruitment (Aberdeen) Limited.
The invoice discounting advance is secured over £799,789 (2024: £1,291,879) of the company's trade debtors under an
Invoice Discounting Agreement with RBS Invoice Finance Limited.
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other Creditors | 423,971 |  | 923,013

8. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 September 2024 | 3,531 | 3,531
Deferred taxation | (1,759 ) | (1,759 )
Balance at 31 August 2025 | 1,772 | 1,772

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 | 28,500 |  | 28,500
Later than one year and not later than five years | 114,000 |  | 114,000
Later than five years | 28,500 |  | 57,000
| 171,000 |  | 199,500

10. Pension Commitments
The company's defined contribution pension cost for the year was £40,458 (2024: £46,314). Outstanding contributions as at the year end totalled £5,042 (2024: £6,350).
11. Related Party Transactions
506 and 508 Union Street are owned by a small self administered pension scheme ("SSAS") of which a director is a trustee. During the year rent for the premises of £28,500 (2024: £28,500) was paid to the pension scheme.
Key management personnel compensation for the year ended 31 August 2025 was £57,083 (2024: 10,714).
12. Ultimate Controlling Party
The company is controlled by its parent company, Tulloch Recruitment (Aberdeen) Limited.
SLLP 246 Limited is regarded by the directors as being the company's ultimate parent company.
The ultimate controlling party is Mr T Allan.
Page 5
Page 6
Team Recruitment (Aberdeen) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
13. Audit Information
The auditor's report on the accounts of Team Recruitment (Aberdeen) Limited for the year ended 31 August 2025 was unqualified.
The auditor's report was signed by Alison Brown (Senior Statutory Auditor) for and on behalf of Nuvo Audit Limited , Statutory Auditor.

Nuvo Audit Limited First Floor, Sterling House Outrams Wharf Little Eaton Derby DE21 5EL

Page 6