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 SC458067 Mr Daniel Ireland Mrs Kelly Ireland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC458067 2024-08-31 SC458067 2025-08-31 SC458067 2024-09-01 2025-08-31 SC458067 frs-core:ComputerEquipment 2024-09-01 2025-08-31 SC458067 frs-core:FurnitureFittings 2024-09-01 2025-08-31 SC458067 frs-core:PlantMachinery 2024-09-01 2025-08-31 SC458067 frs-core:ShareCapital 2025-08-31 SC458067 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC458067 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC458067 frs-bus:AbridgedAccounts 2024-09-01 2025-08-31 SC458067 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC458067 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC458067 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC458067 frs-bus:Director1 2024-09-01 2025-08-31 SC458067 frs-bus:Director2 2024-09-01 2025-08-31 SC458067 1 2024-09-01 2025-08-31 SC458067 frs-countries:Scotland 2024-09-01 2025-08-31 SC458067 2023-08-31 SC458067 2024-08-31 SC458067 2023-09-01 2024-08-31 SC458067 frs-core:ShareCapital 2024-08-31 SC458067 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC458067 1 2023-09-01 2024-08-31
Registered number: SC458067
Custom Planar Magnetics Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 August 2025
Custom Planar Magnetics Limited
Contents
Contents

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

Page 1
Custom Planar Magnetics Limited
Abridged Balance Sheet
As At 31 August 2025
Abridged Balance Sheet
Registered number: SC458067

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 11,627 |  | 12,065
|  |  | 11,627 |  | 12,065
CURRENT ASSETS
Stocks |  | - |  | 9,195 |
Debtors |  | 10,933 |  | 39,440 |
Cash at bank and in hand |  | 54,003 |  | 33,320 |
|  | 64,936 |  | 81,955 |
Creditors: Amounts Falling Due Within One Year |  | (26,102 ) |  | (38,736 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 38,834 |  | 43,219
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 50,461 |  | 55,284
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (2,555 ) |  | (2,335 )
NET ASSETS |  |  | 47,906 |  | 52,949
CAPITAL AND RESERVES
Called up share capital | 5 |  | 100 |  | 100
Profit and Loss Account |  |  | 47,806 |  | 52,849
SHAREHOLDERS' FUNDS |  |  | 47,906 |  | 52,949

Page 1
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Custom Planar Magnetics Limited
Abridged 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Daniel Ireland Director | Mrs Kelly Ireland Director
20 May 2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
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Custom Planar Magnetics Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 August 2025
Notes to the Abridged Financial Statements
1. General Information
Custom Planar Magnetics Limited is a private company, limited by shares, incorporated in Scotland, registered number SC458067 . The registered office is Sunny Ganol, Woodside of Mayen, Rothiemay, Moray, AB54 7NN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost basis, as modified by the revaluaton of certain financial assets and liabilities and investment properties measured at fair value through profit or loss, 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 entity.
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
Fixtures & Fittings | 25% reducing balance
Computer Equipment | 33% reducing balance

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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Custom Planar Magnetics Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 August 2025
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. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objectice evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments, regardless of significance and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
2.7. Taxation
The taxation 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.
...CONTINUED
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Custom Planar Magnetics Limited
Notes to the Abridged 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 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.
2.8. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be reuired to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
2.9. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2025 |  | 2024
--- | --- | --- | ---
Average number of employees | 5 |  | 5
| 5 |  | 5

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Custom Planar Magnetics Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 August 2025
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 September 2024 | 33,864
Additions | 8,566
Disposals | (12,137 )
As at 31 August 2025 | 30,293
Depreciation
As at 1 September 2024 | 21,799
Provided during the period | 4,832
Disposals | (7,965 )
As at 31 August 2025 | 18,666
Net Book Value
As at 31 August 2025 | 11,627
As at 1 September 2024 | 12,065

5. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

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