Acorah Software Products - Accounts Production 19.2.450 false true true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 SC455996 Mrs Alison Davey Mr Peter Davey directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC455996 2024-08-31 SC455996 2025-08-31 SC455996 2024-09-01 2025-08-31 SC455996 frs-core:CurrentFinancialInstruments 2025-08-31 SC455996 frs-core:ComputerEquipment 2025-08-31 SC455996 frs-core:ComputerEquipment 2024-09-01 2025-08-31 SC455996 frs-core:ComputerEquipment 2024-08-31 SC455996 frs-core:FurnitureFittings 2025-08-31 SC455996 frs-core:FurnitureFittings 2024-09-01 2025-08-31 SC455996 frs-core:FurnitureFittings 2024-08-31 SC455996 frs-core:MotorVehicles 2025-08-31 SC455996 frs-core:MotorVehicles 2024-09-01 2025-08-31 SC455996 frs-core:MotorVehicles 2024-08-31 SC455996 frs-core:PlantMachinery 2025-08-31 SC455996 frs-core:PlantMachinery 2024-09-01 2025-08-31 SC455996 frs-core:PlantMachinery 2024-08-31 SC455996 frs-core:ShareCapital 2025-08-31 SC455996 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC455996 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC455996 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 SC455996 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC455996 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC455996 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC455996 1 2024-09-01 2025-08-31 SC455996 frs-bus:Director1 2024-09-01 2025-08-31 SC455996 frs-bus:Director1 2024-08-31 SC455996 frs-bus:Director1 2025-08-31 SC455996 frs-bus:Director2 2024-09-01 2025-08-31 SC455996 frs-bus:Director2 2024-08-31 SC455996 frs-bus:Director2 2025-08-31 SC455996 frs-countries:Scotland 2024-09-01 2025-08-31 SC455996 2023-08-31 SC455996 2024-08-31 SC455996 2023-09-01 2024-08-31 SC455996 frs-core:CurrentFinancialInstruments 2024-08-31 SC455996 frs-core:ShareCapital 2024-08-31 SC455996 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: SC455996
Livingston Tiles Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: SC455996
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,352 7,714
1,352 7,714
CURRENT ASSETS
Stocks 5 14,325 13,500
Debtors 6 22,480 2,875
Cash at bank and in hand 76,955 79,699
113,760 96,074
Creditors: Amounts Falling Due Within One Year 7 (110,407 ) (64,683 )
NET CURRENT ASSETS (LIABILITIES) 3,353 31,391
TOTAL ASSETS LESS CURRENT LIABILITIES 4,705 39,105
PROVISIONS FOR LIABILITIES
Deferred Taxation (257 ) (1,466 )
NET ASSETS 4,448 37,639
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 4,348 37,539
SHAREHOLDERS' FUNDS 4,448 37,639
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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 Income Statement.
On behalf of the board
Mr Peter Davey
Director
14/05/2026
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
Livingston Tiles Limited is a private company, limited by shares, incorporated in Scotland, registered number SC455996 . The registered office is Unit 5, Dedridge East Industrial Estate, Abbotsford Rise, Livingston, West Lothian, EH54 6QD.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
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. 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 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.
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.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
2.8. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 3 3
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2024 1,253 33,046 5,702 5,215 45,216
Additions - - - 582 582
As at 31 August 2025 1,253 33,046 5,702 5,797 45,798
Depreciation
As at 1 September 2024 774 26,850 5,307 4,571 37,502
Provided during the period 250 6,196 181 317 6,944
As at 31 August 2025 1,024 33,046 5,488 4,888 44,446
Net Book Value
As at 31 August 2025 229 - 214 909 1,352
As at 1 September 2024 479 6,196 395 644 7,714
5. Stocks
2025 2024
£ £
Finished goods 14,325 13,500
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6. Debtors
2025 2024
£ £
Due within one year
Other debtors 2,875 2,875
VAT 2,941 -
Directors' loan accounts 16,664 -
22,480 2,875
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 23,931 16,451
Corporation tax 63 8,231
Other taxes and social security 444 41
VAT - 740
Other creditors 85,969 36,604
Directors' loan accounts - 2,616
110,407 64,683
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mrs Alison Davey (1,153 ) 9,485 - - 8,332
Mr Peter Davey (1,463 ) 8,795 - - 8,332
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2025 2024
£ £
Mr Peter Davey 10,000 31,500
Mrs Alison Davey 10,000 31,500
10. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 20,000 63,000
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11. Ultimate Controlling Party
The company's ultimate controlling party is directors by virtue of their ownership of 100% of the issued share capital in the company.
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