Acorah Software Products - Accounts Production 19.2.450 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 SC580374 Mr John Callaghan Mr Richard Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC580374 2024-11-30 SC580374 2025-11-30 SC580374 2024-12-01 2025-11-30 SC580374 frs-core:Non-currentFinancialInstruments 2025-11-30 SC580374 frs-core:ComputerEquipment 2025-11-30 SC580374 frs-core:ComputerEquipment 2024-12-01 2025-11-30 SC580374 frs-core:ComputerEquipment 2024-11-30 SC580374 frs-core:FurnitureFittings 2025-11-30 SC580374 frs-core:FurnitureFittings 2024-12-01 2025-11-30 SC580374 frs-core:FurnitureFittings 2024-11-30 SC580374 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-11-30 SC580374 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-01 2025-11-30 SC580374 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 SC580374 frs-core:RevaluationReserve 2024-12-01 2025-11-30 SC580374 frs-core:RevaluationReserve 2024-11-30 SC580374 frs-core:RevaluationReserve 2025-11-30 SC580374 frs-core:ShareCapital 2025-11-30 SC580374 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 SC580374 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 SC580374 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 SC580374 frs-bus:SmallEntities 2024-12-01 2025-11-30 SC580374 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 SC580374 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 SC580374 frs-bus:Director1 2024-12-01 2025-11-30 SC580374 frs-bus:Director2 2024-12-01 2025-11-30 SC580374 frs-countries:Scotland 2024-12-01 2025-11-30 SC580374 2023-11-30 SC580374 2024-11-30 SC580374 2023-12-01 2024-11-30 SC580374 frs-core:Non-currentFinancialInstruments 2024-11-30 SC580374 frs-core:RevaluationReserve 2024-11-30 SC580374 frs-core:ShareCapital 2024-11-30 SC580374 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: SC580374
Loctay Limited
Unaudited Financial Statements
For The Year Ended 30 November 2025
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC580374
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 538,628 514,696
538,628 514,696
CURRENT ASSETS
Cash at bank and in hand 9,341 13,641
9,341 13,641
Creditors: Amounts Falling Due Within One Year 5 (57,031 ) (75,529 )
NET CURRENT ASSETS (LIABILITIES) (47,690 ) (61,888 )
TOTAL ASSETS LESS CURRENT LIABILITIES 490,938 452,808
Creditors: Amounts Falling Due After More Than One Year 6 (352,926 ) (352,925 )
NET ASSETS 138,012 99,883
CAPITAL AND RESERVES
Called up share capital 7 2 2
Revaluation reserve 8 104,242 81,187
Profit and Loss Account 33,768 18,694
SHAREHOLDERS' FUNDS 138,012 99,883
Page 1
Page 2
For the year ending 30 November 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 Richard Wilson
Director
14/07/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Loctay Limited is a private company, limited by shares, incorporated in Scotland, registered number SC580374 . The registered office is 2 Biggar Road, Edinburgh, EH10 7BQ.
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:
Freehold NA
Fixtures & Fittings 20% RBM
Computer Equipment 20% RBM
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost or Valuation
As at 1 December 2024 513,000 3,669 1,487 518,156
Additions - 1,520 - 1,520
Revaluation 23,055 - - 23,055
As at 30 November 2025 536,055 5,189 1,487 542,731
Depreciation
As at 1 December 2024 - 2,467 993 3,460
Provided during the period - 545 98 643
As at 30 November 2025 - 3,012 1,091 4,103
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 November 2025 536,055 2,177 396 538,628
As at 1 December 2024 513,000 1,202 494 514,696
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 57,031 75,529
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 352,926 352,925
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
8. Reserves
Revaluation Reserve
£
As at 1 December 2024 81,187
Transfer to profit and loss 23,055
As at 30 November 2025 104,242
Page 4