Acorah Software Products - Accounts Production 19.2.450 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 SC340280 Peter Maxwell Bruce Maxwell Peter T Maxwell Sheila Maxwell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC340280 2024-08-31 SC340280 2025-08-31 SC340280 2024-09-01 2025-08-31 SC340280 frs-core:CurrentFinancialInstruments 2025-08-31 SC340280 frs-core:Non-currentFinancialInstruments 2025-08-31 SC340280 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-01 2025-08-31 SC340280 frs-core:LandBuildings 2025-08-31 SC340280 frs-core:LandBuildings 2024-09-01 2025-08-31 SC340280 frs-core:LandBuildings 2024-08-31 SC340280 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 SC340280 frs-core:OtherResidualIntangibleAssets 2025-08-31 SC340280 frs-core:OtherResidualIntangibleAssets 2024-08-31 SC340280 frs-core:PlantMachinery 2025-08-31 SC340280 frs-core:PlantMachinery 2024-09-01 2025-08-31 SC340280 frs-core:PlantMachinery 2024-08-31 SC340280 frs-core:ShareCapital 2025-08-31 SC340280 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC340280 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC340280 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 SC340280 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC340280 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC340280 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC340280 frs-core:UnlistedNon-exchangeTraded 2025-08-31 SC340280 frs-core:UnlistedNon-exchangeTraded 2024-08-31 SC340280 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-08-31 SC340280 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-08-31 SC340280 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-08-31 SC340280 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-08-31 SC340280 frs-bus:Director1 2024-09-01 2025-08-31 SC340280 frs-bus:Director2 2024-09-01 2025-08-31 SC340280 frs-bus:Director3 2024-09-01 2025-08-31 SC340280 frs-bus:Director4 2024-09-01 2025-08-31 SC340280 frs-countries:Scotland 2024-09-01 2025-08-31 SC340280 2023-08-31 SC340280 2024-08-31 SC340280 2023-09-01 2024-08-31 SC340280 frs-core:CurrentFinancialInstruments 2024-08-31 SC340280 frs-core:Non-currentFinancialInstruments 2024-08-31 SC340280 frs-core:ShareCapital 2024-08-31 SC340280 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: SC340280
Agromax Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Agromax Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Agromax Limited
Balance Sheet
As At 31 August 2025
Balance Sheet
Registered number: SC340280

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 1,440,137 |  | 1,468,849
Investments | 6 |  | 2,082 |  | 2,082
|  |  | 1,442,219 |  | 1,470,931
CURRENT ASSETS
Stocks | 7 | 9,490 |  | 3,250 |
Debtors | 8 | 30,010 |  | 37,688 |
Cash at bank and in hand |  | 140,136 |  | 53,133 |
|  | 179,636 |  | 94,071 |
Creditors: Amounts Falling Due Within One Year | 9 | (941,307 ) |  | (922,815 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (761,671 ) |  | (828,744 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 680,548 |  | 642,187
Creditors: Amounts Falling Due After More Than One Year | 10 |  | (641,330 ) |  | (678,913 )
NET ASSETS/(LIABILITIES) |  |  | 39,218 |  | (36,726 )
CAPITAL AND RESERVES
Called up share capital | 12 |  | 1 |  | 1
Profit and Loss Account |  |  | 39,217 |  | (36,727 )
SHAREHOLDERS' FUNDS |  |  | 39,218 |  | (36,726)

Page 1
Page 2
Agromax Limited
Balance Sheet (continued)
As At 31 August 2025
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 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

Peter Maxwell Director
21 May 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Agromax Limited
Notes to the Financial Statements
For The Year Ended 31 August 2025
Notes to the Financial Statements
1. General Information
Agromax Limited is a private company, limited by shares, incorporated in Scotland, registered number SC340280 . The registered office is Auldtown of Carnousie, Forglen, Turriff, Aberdeenshire, AB53 7LL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Basic Payment Scheme Entitlements. They are amortised to the profit and loss account over their estimated economic life of 3 years.
2.4. 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 | 0%
Plant & Machinery | 15% reducing balance

2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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.
2.7. 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.
...CONTINUED
Page 3
Page 4
Agromax Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
2.7. Taxation - continued
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.
2.8. Fixed asset investments
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Intangible Assets

| BPS Entitlements
--- | ---
| £
Cost
As at 1 September 2024 | 6,000
As at 31 August 2025 | 6,000
Amortisation
As at 1 September 2024 | 6,000
As at 31 August 2025 | 6,000
Net Book Value
As at 31 August 2025 | -
As at 1 September 2024 | -

5. Tangible Assets

| Land & Buildings | Plant & Machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 September 2024 | 1,438,664 | 42,045 | 1,480,709
Additions | - | 1,000 | 1,000
Disposals | - | (41,000 ) | (41,000 )
As at 31 August 2025 | 1,438,664 | 2,045 | 1,440,709

...CONTINUED
Page 4
Page 5
Agromax Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025

Depreciation
As at 1 September 2024 | - | 11,860 | 11,860
Provided during the period | - | 260 | 260
Disposals | - | (11,548 ) | (11,548 )
As at 31 August 2025 | - | 572 | 572
Net Book Value
As at 31 August 2025 | 1,438,664 | 1,473 | 1,440,137
As at 1 September 2024 | 1,438,664 | 30,185 | 1,468,849

6. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 1 September 2024 | 2,082
As at 31 August 2025 | 2,082
Provision
As at 1 September 2024 | -
As at 31 August 2025 | -
Net Book Value
As at 31 August 2025 | 2,082
As at 1 September 2024 | 2,082

7. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 9,490 |  | 3,250

8. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 29,001 |  | 18,293
VAT | 1,008 |  | 342
Directors' loan accounts | - |  | 19,052
Called up share capital not paid | 1 |  | 1
| 30,010 |  | 37,688

Page 5
Page 6
Agromax Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
9. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 41,213 |  | 37,366
Corporation tax | 15,284 |  | -
Accruals and deferred income | 22,044 |  | 22,683
Amounts owed to group undertakings | 862,766 |  | 862,766
| 941,307 |  | 922,815

10. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 641,330 |  | 678,913

11. Secured Creditors
The bank loans are secured.
12. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Called Up Share Capital not Paid | 1 |  | 1
Amount of Allotted, Called Up Share Capital | 1 |  | 1

13. Related Party Transactions
Included within creditors is a balance due to a group undertaking of £862,766 (2024 - £862,766).
Page 6