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 SC169179 Mr Paul Brennan Mr Robert Mann Stuart Radcliffe Mr Paul Brennan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC169179 2024-10-31 SC169179 2025-10-31 SC169179 2024-11-01 2025-10-31 SC169179 frs-core:CurrentFinancialInstruments 2025-10-31 SC169179 frs-core:ComputerEquipment 2025-10-31 SC169179 frs-core:ComputerEquipment 2024-11-01 2025-10-31 SC169179 frs-core:ComputerEquipment 2024-10-31 SC169179 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-11-01 2025-10-31 SC169179 frs-core:FurnitureFittings 2025-10-31 SC169179 frs-core:FurnitureFittings 2024-11-01 2025-10-31 SC169179 frs-core:FurnitureFittings 2024-10-31 SC169179 frs-core:NetGoodwill 2025-10-31 SC169179 frs-core:NetGoodwill 2024-11-01 2025-10-31 SC169179 frs-core:NetGoodwill 2024-10-31 SC169179 frs-core:MotorVehicles 2025-10-31 SC169179 frs-core:MotorVehicles 2024-11-01 2025-10-31 SC169179 frs-core:MotorVehicles 2024-10-31 SC169179 frs-core:OtherResidualIntangibleAssets 2025-10-31 SC169179 frs-core:OtherResidualIntangibleAssets 2024-10-31 SC169179 frs-core:PlantMachinery 2024-11-01 2025-10-31 SC169179 frs-core:ShareCapital 2025-10-31 SC169179 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 SC169179 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC169179 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 SC169179 frs-bus:SmallEntities 2024-11-01 2025-10-31 SC169179 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 SC169179 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 SC169179 frs-bus:Director1 2024-11-01 2025-10-31 SC169179 frs-bus:Director2 2024-11-01 2025-10-31 SC169179 frs-bus:Director3 2024-11-01 2025-10-31 SC169179 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 SC169179 frs-countries:Scotland 2024-11-01 2025-10-31 SC169179 2023-10-31 SC169179 2024-10-31 SC169179 2023-11-01 2024-10-31 SC169179 frs-core:CurrentFinancialInstruments 2024-10-31 SC169179 frs-core:ShareCapital 2024-10-31 SC169179 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: SC169179
Local Planet Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Almond Valley Accounting Limited
CIMA
Suite 14 Ellismuir House
Ellismuir Way
Tannochside
G71 5PW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC169179
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 22,624 27,817
22,624 27,817
CURRENT ASSETS
Stocks 6 11,566 1,000
Debtors 7 139,940 133,643
Cash at bank and in hand 71,927 84,427
223,433 219,070
Creditors: Amounts Falling Due Within One Year 8 (123,864 ) (172,979 )
NET CURRENT ASSETS (LIABILITIES) 99,569 46,091
TOTAL ASSETS LESS CURRENT LIABILITIES 122,193 73,908
NET ASSETS 122,193 73,908
CAPITAL AND RESERVES
Called up share capital 9 9,000 9,000
Profit and Loss Account 113,193 64,908
SHAREHOLDERS' FUNDS 122,193 73,908
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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 Paul Brennan
Director
16/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Local Planet Solutions Limited is a private company, limited by shares, incorporated in Scotland, registered number SC169179 . The registered office is The Building Design Centre, 125 Muir Street, Hamilton, Lanarkshire, ML3 6BJ.
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 the profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... 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 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
Motor Vehicles 6
Fixtures & Fittings 20
Computer Equipment 20
2.6. 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.
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2.7. 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.
2.8. Government Grant
Government grants are recognised in the profit and loss account 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 profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account 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 profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account 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: 10 (2024: 10)
10 10
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 November 2024 132,750 84,955 217,705
As at 31 October 2025 132,750 84,955 217,705
Amortisation
As at 1 November 2024 132,750 84,955 217,705
As at 31 October 2025 132,750 84,955 217,705
Net Book Value
As at 31 October 2025 - - -
As at 1 November 2024 - - -
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5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2024 64,490 29,153 64,826 158,469
Additions - - 746 746
As at 31 October 2025 64,490 29,153 65,572 159,215
Depreciation
As at 1 November 2024 37,307 28,519 64,826 130,652
Provided during the period 5,326 556 57 5,939
As at 31 October 2025 42,633 29,075 64,883 136,591
Net Book Value
As at 31 October 2025 21,857 78 689 22,624
As at 1 November 2024 27,183 634 - 27,817
6. Stocks
2025 2024
£ £
Stock 11,566 1,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 136,090 123,319
Other debtors 3,850 10,324
139,940 133,643
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 11,965 23,396
Bank loans and overdrafts - 14,313
Amounts owed to participating interests (22,033 ) -
Other creditors 90,727 61,699
Taxation and social security 43,205 73,571
123,864 172,979
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 9,000 9,000
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