Acorah Software Products - Accounts Production 19.1.200 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 SC352429 S L Baross A S Baross J S Baross true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC352429 2024-08-31 SC352429 2025-08-31 SC352429 2024-09-01 2025-08-31 SC352429 frs-core:CurrentFinancialInstruments 2025-08-31 SC352429 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-08-31 SC352429 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-01 2025-08-31 SC352429 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 SC352429 frs-core:FurnitureFittings 2025-08-31 SC352429 frs-core:FurnitureFittings 2024-08-31 SC352429 frs-core:PlantMachinery 2025-08-31 SC352429 frs-core:PlantMachinery 2024-09-01 2025-08-31 SC352429 frs-core:PlantMachinery 2024-08-31 SC352429 frs-core:ShareCapital 2025-08-31 SC352429 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC352429 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC352429 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 SC352429 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC352429 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC352429 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC352429 1 2024-09-01 2025-08-31 SC352429 frs-bus:Director1 2024-09-01 2025-08-31 SC352429 frs-bus:Director2 2024-09-01 2025-08-31 SC352429 frs-countries:Scotland 2024-09-01 2025-08-31 SC352429 2023-08-31 SC352429 2024-08-31 SC352429 2023-09-01 2024-08-31 SC352429 frs-core:CurrentFinancialInstruments 2024-08-31 SC352429 frs-core:ShareCapital 2024-08-31 SC352429 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: SC352429
Axis Energy Projects Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors S L Baross
A S Baross
Company Number SC352429
Registered Office 5 Carden Place
Aberdeen
AB10 1UT
Accountants Infinity Advisors Ltd t/a Infinity Partnership
5 Carden Place
Aberdeen
AB10 1UT
Page 1
Page 2
Balance Sheet
Registered number: SC352429
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 165,721 209,831
Tangible Assets 5 347,310 347,310
513,031 557,141
CURRENT ASSETS
Debtors 6 3,356 2,906
Cash at bank and in hand 117 117
3,473 3,023
Creditors: Amounts Falling Due Within One Year 7 (926,518 ) (896,257 )
NET CURRENT ASSETS (LIABILITIES) (923,045 ) (893,234 )
TOTAL ASSETS LESS CURRENT LIABILITIES (410,014 ) (336,093 )
NET LIABILITIES (410,014 ) (336,093 )
CAPITAL AND RESERVES
Called up share capital 8 100,000 100,000
Profit and Loss Account (510,014 ) (436,093 )
SHAREHOLDERS' FUNDS (410,014) (336,093)
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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 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
S L Baross
Director
19th May 2026
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Axis Energy Projects Limited is a private company, limited by shares, incorporated in Scotland, registered number SC352429 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.
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. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Development costs are being amortised evenly over their estimated useful life of five years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Plant & Machinery 33% on cost
2.6. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those
in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been
enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to profit or loss in the period to which they relate.
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3. Average Number of Employees
Average number of employees, including directors, during the period was NIL (2024: 1)
- 1
4. Intangible Assets
Development Costs
£
Cost
As at 1 September 2024 427,590
As at 31 August 2025 427,590
Amortisation
As at 1 September 2024 217,759
Provided during the period 44,110
As at 31 August 2025 261,869
Net Book Value
As at 31 August 2025 165,721
As at 1 September 2024 209,831
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 September 2024 347,310 39,921 387,231
As at 31 August 2025 347,310 39,921 387,231
Depreciation
As at 1 September 2024 - 39,921 39,921
As at 31 August 2025 - 39,921 39,921
Net Book Value
As at 31 August 2025 347,310 - 347,310
As at 1 September 2024 347,310 - 347,310
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 3,356 2,906
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 47,012 24,832
Other loans 52,667 50,000
Amounts owed to participating interests 108,856 103,766
Other creditors 717,983 717,659
926,518 896,257
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100,000 100,000
9. Ultimate Controlling Party
The company's ultimate controlling party is the directors.
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