Acorah Software Products - Accounts Production 19.2.350 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 SC524679 Ms Oormi Khaled Mr Alistair Rae Alistair Rae and Oormi Khaled true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC524679 2025-01-31 SC524679 2026-01-31 SC524679 2025-02-01 2026-01-31 SC524679 frs-core:CurrentFinancialInstruments 2026-01-31 SC524679 frs-core:Non-currentFinancialInstruments 2026-01-31 SC524679 frs-core:ComputerEquipment 2026-01-31 SC524679 frs-core:ComputerEquipment 2025-02-01 2026-01-31 SC524679 frs-core:ComputerEquipment 2025-01-31 SC524679 frs-core:FurnitureFittings 2026-01-31 SC524679 frs-core:FurnitureFittings 2025-02-01 2026-01-31 SC524679 frs-core:FurnitureFittings 2025-01-31 SC524679 frs-core:NetGoodwill 2026-01-31 SC524679 frs-core:NetGoodwill 2025-02-01 2026-01-31 SC524679 frs-core:NetGoodwill 2025-01-31 SC524679 frs-core:PlantMachinery 2026-01-31 SC524679 frs-core:PlantMachinery 2025-02-01 2026-01-31 SC524679 frs-core:PlantMachinery 2025-01-31 SC524679 frs-core:ShareCapital 2026-01-31 SC524679 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 SC524679 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC524679 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 SC524679 frs-bus:SmallEntities 2025-02-01 2026-01-31 SC524679 frs-bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 SC524679 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 SC524679 1 2025-02-01 2026-01-31 SC524679 frs-bus:Director1 2025-02-01 2026-01-31 SC524679 frs-bus:Director1 2025-01-31 SC524679 frs-bus:Director1 2026-01-31 SC524679 frs-bus:Director2 2025-02-01 2026-01-31 SC524679 frs-core:CurrentFinancialInstruments 2 2026-01-31 SC524679 frs-countries:Scotland 2025-02-01 2026-01-31 SC524679 2024-01-31 SC524679 2025-01-31 SC524679 2024-02-01 2025-01-31 SC524679 frs-core:CurrentFinancialInstruments 2025-01-31 SC524679 frs-core:Non-currentFinancialInstruments 2025-01-31 SC524679 frs-core:ShareCapital 2025-01-31 SC524679 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 SC524679 frs-core:CurrentFinancialInstruments 2 2025-01-31
Registered number: SC524679
Railway Inn (Fife) Ltd
Financial Statements
For The Year Ended 31 January 2026
Gillespie's Fife
Railway Inn (Fife) Ltd
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—7

Page 1
Railway Inn (Fife) Ltd
Accountants' Report
For The Year Ended 31 January 2026
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Railway Inn (Fife) Ltd for the year ended 31 January 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Railway Inn (Fife) Ltd for the year ended 31 January 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
This report is made solely to the directors of Railway Inn (Fife) Ltd , as a body, in accordance with the terms of our engagement letter dated 04 February 2016. Our work has been undertaken solely to prepare for your approval the accounts of Railway Inn (Fife) Ltd and state those matters that we have agreed to state to the directors of Railway Inn (Fife) Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Railway Inn (Fife) Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Railway Inn (Fife) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Railway Inn (Fife) Ltd . You consider that Railway Inn (Fife) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Railway Inn (Fife) Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

28th May 2026

Gillespie's Fife
Accountants
Fric Ajax Way
Methil
Leven
KY8 3RS
Page 1
Page 2
Railway Inn (Fife) Ltd
Balance Sheet
As At 31 January 2026
Balance Sheet
Registered number: SC524679

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 5,237 |  | 6,104
|  |  | 5,237 |  | 6,104
CURRENT ASSETS
Stocks | 6 | 15,000 |  | 7,000 |
Debtors | 7 | 37,839 |  | 27,853 |
Cash at bank and in hand |  | 75,437 |  | 58,657 |
|  | 128,276 |  | 93,510 |
Creditors: Amounts Falling Due Within One Year | 8 | (36,555 ) |  | (20,004 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 91,721 |  | 73,506
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 96,958 |  | 79,610
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (2,500 ) |  | (12,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (995 ) |  | (1,120 )
NET ASSETS |  |  | 93,463 |  | 65,990
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Profit and Loss Account |  |  | 93,363 |  | 65,890
SHAREHOLDERS' FUNDS |  |  | 93,463 |  | 65,990

Page 2
Page 3
Railway Inn (Fife) Ltd
Balance Sheet (continued)
As At 31 January 2026
For the year ending 31 January 2026 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

Mr Alistair Rae Director
28th May 2026

The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Railway Inn (Fife) Ltd
Notes to the Financial Statements
For The Year Ended 31 January 2026
Notes to the Financial Statements
1. General Information
Railway Inn (Fife) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC524679 . The registered office is 1 Station Wynd, Lower Largo, Leven, Fife, KY8 6BU.
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 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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of eight 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:

Plant & Machinery | 20% reducing balance
Fixtures & Fittings | 20% reducing balance
Computer Equipment | 25% 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. Taxation
Corporation 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.
...CONTINUED
Page 4
Page 5
Railway Inn (Fife) Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:

| 2026 |  | 2025
--- | --- | --- | ---
Sales, marketing and distribution | 10 |  | 11
| 10 |  | 11

4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 February 2025 | 20,000
As at 31 January 2026 | 20,000
Amortisation
As at 1 February 2025 | 20,000
As at 31 January 2026 | 20,000
Net Book Value
As at 31 January 2026 | -
As at 1 February 2025 | -

5. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 February 2025 | 3,752 | 13,870 | 2,647 | 20,269
Additions | 500 | - | - | 500
As at 31 January 2026 | 4,252 | 13,870 | 2,647 | 20,769
Depreciation
As at 1 February 2025 | 2,678 | 9,775 | 1,712 | 14,165
Provided during the period | 315 | 818 | 234 | 1,367
As at 31 January 2026 | 2,993 | 10,593 | 1,946 | 15,532
Net Book Value
As at 31 January 2026 | 1,259 | 3,277 | 701 | 5,237
As at 1 February 2025 | 1,074 | 4,095 | 935 | 6,104

Page 5
Page 6
Railway Inn (Fife) Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
6. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bar stock | 15,000 |  | 7,000

7. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 4,527 |  | 4,527
Other taxes and social security | - |  | 2
Net wages | 5,436 |  | 3,376
Directors' loan accounts | 27,876 |  | 19,948
| 37,839 |  | 27,853

8. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 384 |  | 450
Bank loans and overdrafts | 10,000 |  | 10,000
Corporation tax | 12,264 |  | (1,127 )
Other taxes and social security | 1,724 |  | -
VAT | 9,970 |  | 8,767
Pensions | 275 |  | -
Accruals and deferred income | 1,938 |  | 1,914
| 36,555 |  | 20,004

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

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans | 2,500 |  | 12,500

10. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

11. Directors Advances, Credits and Guarantees
Included within Creditors/(Debtors) are the following loans from/(to) directors:

| As at 1 February 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 January 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Alistair Rae | 19,948 | 27,876 | 19,950 | - | 27,876

The above loan is unsecured, interest free and repayable on demand.
Page 6
Page 7
Railway Inn (Fife) Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
12. Dividends

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 9,975 |  | 9,000
Final dividend paid | 9,975 |  | 10,000
| 19,950 |  | 19,000

Final dividends of £13,938 were declared on 3 March 2026.
Interim dividends of £13,938 were declared on 6 April 2026.
13. Ultimate Controlling Party
The company's ultimate controlling party is Alistair Rae and Oormi Khaled by virtue of their ownership of 100% of the issued share capital in the company.
Page 7