Acorah Software Products - Accounts Production 19.2.450 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 SC483355 Mr John MacColl Mr Shahid Latif Mr Rory Gowans iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC483355 2024-10-31 SC483355 2025-10-31 SC483355 2024-11-01 2025-10-31 SC483355 frs-core:CurrentFinancialInstruments 2025-10-31 SC483355 frs-core:Non-currentFinancialInstruments 2025-10-31 SC483355 frs-core:FurnitureFittings 2025-10-31 SC483355 frs-core:FurnitureFittings 2024-11-01 2025-10-31 SC483355 frs-core:FurnitureFittings 2024-10-31 SC483355 frs-core:NetGoodwill 2025-10-31 SC483355 frs-core:NetGoodwill 2024-11-01 2025-10-31 SC483355 frs-core:NetGoodwill 2024-10-31 SC483355 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-10-31 SC483355 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-01 2025-10-31 SC483355 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-10-31 SC483355 frs-core:MoreThanFiveYears 2025-10-31 SC483355 frs-core:MotorVehicles 2025-10-31 SC483355 frs-core:MotorVehicles 2024-11-01 2025-10-31 SC483355 frs-core:MotorVehicles 2024-10-31 SC483355 frs-core:PlantMachinery 2025-10-31 SC483355 frs-core:PlantMachinery 2024-11-01 2025-10-31 SC483355 frs-core:PlantMachinery 2024-10-31 SC483355 frs-core:ShareCapital 2025-10-31 SC483355 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 SC483355 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC483355 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 SC483355 frs-bus:SmallEntities 2024-11-01 2025-10-31 SC483355 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 SC483355 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 SC483355 frs-core:AcceleratedTaxDepreciationDeferredTax 2025-10-31 SC483355 frs-bus:Director1 2024-11-01 2025-10-31 SC483355 frs-bus:Director1 2024-10-31 SC483355 frs-bus:Director1 2025-10-31 SC483355 frs-bus:Director2 2024-11-01 2025-10-31 SC483355 frs-bus:Director3 2024-11-01 2025-10-31 SC483355 frs-core:CurrentFinancialInstruments 1 2025-10-31 SC483355 frs-countries:Scotland 2024-11-01 2025-10-31 SC483355 2023-10-31 SC483355 2024-10-31 SC483355 2023-11-01 2024-10-31 SC483355 frs-core:CurrentFinancialInstruments 2024-10-31 SC483355 frs-core:Non-currentFinancialInstruments 2024-10-31 SC483355 frs-core:MoreThanFiveYears 2024-10-31 SC483355 frs-core:ShareCapital 2024-10-31 SC483355 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC483355 frs-core:AcceleratedTaxDepreciationDeferredTax 2024-10-31 SC483355 frs-core:CurrentFinancialInstruments 1 2024-10-31
Registered number: SC483355
Craig Wood Solicitors Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Craig Wood Solicitors Ltd
Contents
Contents

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

Page 1
Craig Wood Solicitors Ltd
Balance Sheet
As At 31 October 2025
Balance Sheet
Registered number: SC483355

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 26,987 |  | 65,067
|  |  | 26,987 |  | 65,067
CURRENT ASSETS
Debtors | 6 | 706,938 |  | 706,048 |
Cash at bank and in hand |  | 745,220 |  | 846,018 |
|  | 1,452,158 |  | 1,552,066 |
Creditors: Amounts Falling Due Within One Year | 7 | (571,555 ) |  | (609,421 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 880,603 |  | 942,645
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 907,590 |  | 1,007,712
Creditors: Amounts Falling Due After More Than One Year | 8 |  | - |  | (20,653 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 9 |  | (5,819 ) |  | (15,982 )
NET ASSETS |  |  | 901,771 |  | 971,077
CAPITAL AND RESERVES
Called up share capital | 10 |  | 401 |  | 401
Profit and Loss Account |  |  | 901,370 |  | 970,676
SHAREHOLDERS' FUNDS |  |  | 901,771 |  | 971,077

Page 1
Page 2
Craig Wood Solicitors Ltd
Balance Sheet (continued)
As At 31 October 2025
For the year ending 31 October 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 John MacColl Director
19/12/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Craig Wood Solicitors Ltd
Notes to the Financial Statements
For The Year Ended 31 October 2025
Notes to the Financial Statements
1. General Information
Craig Wood Solicitors Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC483355 . The registered office is 23 Academy Street, Inverness, IV1 1JN.
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 5 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:

Leasehold | 10% reducing balance
Plant & Machinery | 20% reducing balance
Motor Vehicles | 20% reducing balance
Fixtures & Fittings | 20% reducing balance

2.5. Financial Instruments
The company only has basic financial instruments.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Craig Wood Solicitors Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
2.6. 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 12)
13 12
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 November 2024 | 6,000
As at 31 October 2025 | 6,000
Amortisation
As at 1 November 2024 | 6,000
As at 31 October 2025 | 6,000
Net Book Value
As at 31 October 2025 | -
As at 1 November 2024 | -

Page 4
Page 5
Craig Wood Solicitors Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total
| £ | £ | £ | £ | £
Cost
As at 1 November 2024 | 5,418 | 60,821 | 96,500 | 17,209 | 179,948
Additions | - | 3,579 | - | - | 3,579
Disposals | - | - | (96,500 ) | - | (96,500 )
As at 31 October 2025 | 5,418 | 64,400 | - | 17,209 | 87,027
Depreciation
As at 1 November 2024 | 2,835 | 37,705 | 60,537 | 13,804 | 114,881
Provided during the period | 260 | 4,756 | - | 680 | 5,696
Disposals | - | - | (60,537 ) | - | (60,537 )
As at 31 October 2025 | 3,095 | 42,461 | - | 14,484 | 60,040
Net Book Value
As at 31 October 2025 | 2,323 | 21,939 | - | 2,725 | 26,987
As at 1 November 2024 | 2,583 | 23,116 | 35,963 | 3,405 | 65,067

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 420,459 |  | 393,331
Prepayments and accrued income | 151,679 |  | 165,377
Other debtors | 1,500 |  | 1,500
Loan to Lawnmarket | 133,300 |  | 133,300
Directors' loan accounts | - |  | 12,540
| 706,938 |  | 706,048

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 228,272 |  | 330,743
Bank loans and overdrafts | 6,667 |  | 19,324
Corporation tax | 186,678 |  | 142,871
Other taxes and social security | 7,719 |  | 6,333
VAT | 41,147 |  | 46,858
Other creditors | 1,572 |  | 1,166
Accruals and deferred income | 58,372 |  | 41,172
Directors' loan accounts | 41,128 |  | 20,954
| 571,555 |  | 609,421

Page 5
Page 6
Craig Wood Solicitors Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 20,653

9. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Accelerated capital allowances | 5,819 |  | 15,982

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 401 |  | 401

11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Later than five years | 224,000 |  | 256,000
| 224,000 |  | 256,000

12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 November 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 October 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr John MacColl | 12,540 | - | 12,540 | - | -

13. Related Party Transactions
Craig Wood Solicitors Ltd & Lawnmarket Ltd are associated through virtue of common control.
At 31st October 2025 the amount owed by Lawnmarket Ltd to Craig Wood Solicitors Ltd was £133,300 (2024: £133,300). This balance is non-interest bearing and is repayable on demand.
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