Acorah Software Products - Accounts Production 19.2.350 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 SC352183 Lorna Clark Rory Deans iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC352183 2024-12-31 SC352183 2025-12-31 SC352183 2025-01-01 2025-12-31 SC352183 frs-core:CurrentFinancialInstruments 2025-12-31 SC352183 frs-core:Non-currentFinancialInstruments 2025-12-31 SC352183 frs-core:FurnitureFittings 2025-12-31 SC352183 frs-core:FurnitureFittings 2025-01-01 2025-12-31 SC352183 frs-core:FurnitureFittings 2024-12-31 SC352183 frs-core:MotorVehicles 2025-12-31 SC352183 frs-core:MotorVehicles 2025-01-01 2025-12-31 SC352183 frs-core:MotorVehicles 2024-12-31 SC352183 frs-core:PlantMachinery 2025-12-31 SC352183 frs-core:PlantMachinery 2025-01-01 2025-12-31 SC352183 frs-core:PlantMachinery 2024-12-31 SC352183 frs-core:CapitalRedemptionReserve 2025-12-31 SC352183 frs-core:ShareCapital 2025-12-31 SC352183 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC352183 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC352183 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC352183 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC352183 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC352183 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC352183 frs-bus:Director1 2025-01-01 2025-12-31 SC352183 frs-bus:Director2 2025-01-01 2025-12-31 SC352183 frs-countries:Scotland 2025-01-01 2025-12-31 SC352183 2023-12-31 SC352183 2024-12-31 SC352183 2024-01-01 2024-12-31 SC352183 frs-core:CurrentFinancialInstruments 2024-12-31 SC352183 frs-core:Non-currentFinancialInstruments 2024-12-31 SC352183 frs-core:CapitalRedemptionReserve 2024-12-31 SC352183 frs-core:ShareCapital 2024-12-31 SC352183 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: SC352183
Genny Hire Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC352183
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,862,086 1,496,101
1,862,086 1,496,101
CURRENT ASSETS
Stocks 5 165,459 156,194
Debtors 6 384,638 592,467
Cash at bank and in hand 200,618 335,015
750,715 1,083,676
Creditors: Amounts Falling Due Within One Year 7 (401,151 ) (425,084 )
NET CURRENT ASSETS (LIABILITIES) 349,564 658,592
TOTAL ASSETS LESS CURRENT LIABILITIES 2,211,650 2,154,693
Creditors: Amounts Falling Due After More Than One Year 8 (183,665 ) (7,312 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (464,091 ) (373,187 )
NET ASSETS 1,563,894 1,774,194
CAPITAL AND RESERVES
Called up share capital 9 3 4
Capital redemption reserve 1 -
Profit and Loss Account 1,563,890 1,774,190
SHAREHOLDERS' FUNDS 1,563,894 1,774,194
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For the year ending 31 December 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.
On behalf of the board
Lorna Clark
Director
19 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
Genny Hire Limited is a private company, limited by shares, incorporated in Scotland, registered number SC352183 . The registered office is Genny Hire Limited, Unit 3A Craigearn Business Park, Morrison Way, Kintore, AB51 0TH.
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 represents amounts receivable for goods sold and services rendered during the year, exclusive of value added tax. 
Sales of goods are recognised when the company has delivered products to the customer, the customer has accepted the products, and collectability of the related receivables is fairly assured.
Service revenues relating to hire of machines are recognised when those services are provided to customers.
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 over their expected useful lives on the following bases:
Plant & Machinery 10% straight line
Motor Vehicles 15% reducing balance
Fixtures & Fittings 25% straight line
2.4. 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.
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 stocks. Stocks comprise parts for the maintenance of machines and goods for resale.
Work in progress relates to work done but not completed or invoiced. Work in progress is recognised based on the stage of completion of the work at the balance sheet date.
2.6. Financial Instruments
The following assets and liabilities are classified as financial instruments – trade debtors, trade creditors, and directors' loans with the company.
Trade debtors and trade creditors are measured at the undiscounted amounts receivable from a customer or payable to a supplier, which is normally the invoice price.
Directors’ loans with the company are measured at the undiscounted amount of the cash expected to be paid.
Trade debtors are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, a specific bad debt provision is recognised in profit or loss.
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.
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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 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. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 7)
8 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2025 2,943,888 287,844 30,968 3,262,700
Additions 582,432 - 7,203 589,635
Disposals (21,000 ) (4,950 ) - (25,950 )
As at 31 December 2025 3,505,320 282,894 38,171 3,826,385
Depreciation
As at 1 January 2025 1,596,859 145,312 24,428 1,766,599
Provided during the period 194,065 21,151 3,854 219,070
Disposals (17,940 ) (3,430 ) - (21,370 )
As at 31 December 2025 1,772,984 163,033 28,282 1,964,299
Net Book Value
As at 31 December 2025 1,732,336 119,861 9,889 1,862,086
As at 1 January 2025 1,347,029 142,532 6,540 1,496,101
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5. Stocks
2025 2024
£ £
Stock 165,459 141,194
Work in progress - 15,000
165,459 156,194
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 277,846 501,845
Prepayments and accrued income 9,125 6,430
Other debtors 19,539 19,539
VAT 12,936 -
Directors' loan account 65,192 64,653
384,638 592,467
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 5,850 5,850
Trade creditors 301,603 140,506
Bank loans and overdrafts 50,848 -
Corporation tax 12,445 20,888
Other taxes and social security - 7,533
VAT - 96,509
Accruals and deferred income 30,405 153,798
401,151 425,084
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 1,462 7,312
Bank loans 182,203 -
183,665 7,312
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 4
During the financial year the company purchased 134 of its own ordinary shares of 1p for a total consideration of £502,500. These shares were purchased from a director. These shares represented 25% of the called up share capital immediately prior to the transaction. The shares were subsequently cancelled. 
In accordance with Companies Act 2006, a transfer equal to the nominal value of the shares purchased £1.34 has been made to the Capital Redemption Reserve from the profit and loss account. This reserve is not distributable. 
10. Directors Advances, Credits and Guarantees
Included within debtors is a loan to a director of £65,192 (2024 - £64,653). Interest is paid on the loan. There are no fixed repayment terms.
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