Acorah Software Products - Accounts Production 19.2.350 false true 30 September 2024 1 October 2023 false 1 October 2024 30 September 2025 30 September 2025 SC673085 Mr Damien O'Looney Mrs Bing Li Appin Group Holdings Ltd 5 South Charlotte Street, Edinburgh, Scotland, EH2 4AN true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC673085 2024-09-30 SC673085 2025-09-30 SC673085 2024-10-01 2025-09-30 SC673085 frs-core:CurrentFinancialInstruments 2025-09-30 SC673085 frs-core:Non-currentFinancialInstruments 2025-09-30 SC673085 frs-core:PlantMachinery 2025-09-30 SC673085 frs-core:PlantMachinery 2024-10-01 2025-09-30 SC673085 frs-core:PlantMachinery 2024-09-30 SC673085 frs-core:ShareCapital 2025-09-30 SC673085 frs-core:RetainedEarningsAccumulatedLosses 2025-09-30 SC673085 frs-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC673085 frs-bus:FilletedAccounts 2024-10-01 2025-09-30 SC673085 frs-bus:SmallEntities 2024-10-01 2025-09-30 SC673085 frs-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 SC673085 frs-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 SC673085 1 2024-10-01 2025-09-30 SC673085 frs-bus:Director1 2024-10-01 2025-09-30 SC673085 frs-bus:Director2 2024-10-01 2025-09-30 SC673085 frs-countries:Scotland 2024-10-01 2025-09-30 SC673085 2023-09-30 SC673085 2024-09-30 SC673085 2023-10-01 2024-09-30 SC673085 frs-core:CurrentFinancialInstruments 2024-09-30 SC673085 frs-core:Non-currentFinancialInstruments 2024-09-30 SC673085 frs-core:ShareCapital 2024-09-30 SC673085 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30
Registered number: SC673085
Appin Sports Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2025
Magnanimity Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC673085
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,897 11,105
10,897 11,105
CURRENT ASSETS
Debtors 5 155,253 193,994
Cash at bank and in hand 206,397 254,922
361,650 448,916
Creditors: Amounts Falling Due Within One Year 6 (367,349 ) (176,957 )
NET CURRENT ASSETS (LIABILITIES) (5,699 ) 271,959
TOTAL ASSETS LESS CURRENT LIABILITIES 5,198 283,064
Creditors: Amounts Falling Due After More Than One Year 7 (200,000 ) (503,038 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (2,100 ) (2,200 )
NET LIABILITIES (196,902 ) (222,174 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (197,002 ) (222,274 )
SHAREHOLDERS' FUNDS (196,902) (222,174)
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For the year ending 30 September 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
Mr Damien O'Looney
Director
22/06/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Appin Sports Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC673085 . The registered office is 5 South Charlotte Street, Edinburgh, EH2 4AN.
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. 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
2.4. 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.
2.5. 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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 14)
14 14
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2024 15,442
Additions 1,936
As at 30 September 2025 17,378
Depreciation
As at 1 October 2024 4,337
Provided during the period 2,144
As at 30 September 2025 6,481
Net Book Value
As at 30 September 2025 10,897
As at 1 October 2024 11,105
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 153,867 190,454
Other debtors 1,386 3,540
155,253 193,994
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 109,720 82,570
Amounts owed to group undertakings 174,366 25,662
Other creditors 500 500
Taxation and social security 82,763 68,225
367,349 176,957
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to group undertakings 200,000 503,038
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8. Deferred Taxation
Deferred tax liabilities arise primarily as a result of timing differences between the carrying value of fixed assets in the financial statements and their tax written down values. These timing differences are principally attributable to accelerated capital allowances claimed for corporation tax purposes.
The deferred tax liability represents corporation tax expected to become payable in future periods as the timing differences reverse.
2025 2024
£ £
Other timing differences 2,100 2,200
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
At the year end, the company owed £374,366.03 (2024: £529,415.13) to fellow group undertakings.
The balances are unsecured, interest free and repayable on demand. The directors consider the balances to be fully recoverable and accordingly no provision has been recognised in respect of expected credit losses.
During the year, the company entered into various transactions with fellow group undertakings, including the advancement and payment of funds to support the working capital requirements of the group.
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Appin Group Holdings Ltd . Appin Group Holdings Ltd was incorporated in Scotland. Copies of the group accounts may be obtained from the secretary, 5 South Charlotte Street, Edinburgh, Scotland, EH2 4AN . The ultimate controlling party is Appin Group Holdings Ltd who controls 100% of the shares of Appin Sports Ltd .
12. Transition to FRS 102
During the year, the company adopted FRS 102 Section 1A Small Entities for the preparation of its financial statements, having previously prepared its accounts under the provisions of FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
The transition has not resulted in any material changes to the recognition or measurement of the company's assets, liabilities, income or expenses. However, FRS 102 Section 1A contains more extensive presentation and disclosure requirements than FRS 105. As a result, certain balances and comparative figures have been reclassified and presented differently within the financial statements to comply with the disclosure requirements of FRS 102 Section 1A.
These reclassifications are presentational in nature and do not affect the company's reported profit or loss, net assets, shareholders' funds or cash flows for either the current or comparative period.
Accordingly, users of the financial statements should be aware that certain line items and note disclosures may not be directly comparable to those presented in the prior year's financial statements due solely to changes in presentation and disclosure arising from the adoption of FRS 102 Section 1A.
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