Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 SC239401 Mr Alasdair Hendry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC239401 2024-12-31 SC239401 2025-12-31 SC239401 2025-01-01 2025-12-31 SC239401 frs-core:CurrentFinancialInstruments 2025-12-31 SC239401 frs-core:ComputerEquipment 2025-01-01 2025-12-31 SC239401 frs-core:FurnitureFittings 2025-01-01 2025-12-31 SC239401 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 SC239401 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 SC239401 frs-core:MotorVehicles 2025-01-01 2025-12-31 SC239401 frs-core:PlantMachinery 2025-12-31 SC239401 frs-core:PlantMachinery 2025-01-01 2025-12-31 SC239401 frs-core:PlantMachinery 2024-12-31 SC239401 frs-core:ShareCapital 2025-12-31 SC239401 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC239401 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC239401 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC239401 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC239401 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC239401 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC239401 frs-bus:Director1 2025-01-01 2025-12-31 SC239401 frs-countries:Scotland 2025-01-01 2025-12-31 SC239401 2023-12-31 SC239401 2024-12-31 SC239401 2024-01-01 2024-12-31 SC239401 frs-core:CurrentFinancialInstruments 2024-12-31 SC239401 frs-core:ShareCapital 2024-12-31 SC239401 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: SC239401
Exception Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
D Napier Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: SC239401
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,088 7,653
2,088 7,653
CURRENT ASSETS
Debtors 5 702,348 737,122
Cash at bank and in hand 18,869 248,743
721,217 985,865
Creditors: Amounts Falling Due Within One Year 6 (74,013 ) (244,945 )
NET CURRENT ASSETS (LIABILITIES) 647,204 740,920
TOTAL ASSETS LESS CURRENT LIABILITIES 649,292 748,573
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,886 ) (1,886 )
NET ASSETS 647,406 746,687
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account 647,403 746,684
SHAREHOLDERS' FUNDS 647,406 746,687
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For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Alasdair Hendry
Director
1st July 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Exception Limited is a private company, limited by shares, incorporated in Scotland, registered number SC239401 . The registered office is 8 Coates Crescent, Edinburgh, EH3 7AL.
The presentation currency of the financial statements is the Pound Sterling (£).
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.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 
Freehold 33% on cost and 20% on cost
Leasehold 33% on cost and 20% on cost
Plant & Machinery 33% on cost and 20% on cost
Motor Vehicles 33% on cost and 20% on cost
Fixtures & Fittings 33% on cost and 20% on cost
Computer Equipment 33% on cost and 20% on cost
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. 
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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 30)
7 30
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 January 2025 188,094
As at 31 December 2025 188,094
...CONTINUED
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Depreciation
As at 1 January 2025 180,441
Provided during the period 5,565
As at 31 December 2025 186,006
Net Book Value
As at 31 December 2025 2,088
As at 1 January 2025 7,653
No indicators of impairment noted in the year. 
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 96,282 267,949
Amounts owed by group undertakings 42 42
Other debtors 606,024 469,131
702,348 737,122
Other debtors includes an amount of £393,135 (2023: £501,858) in relation to invoice finance leases. 
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 46,172 170,475
Other creditors 11,456 50,149
Taxation and social security 16,385 24,321
74,013 244,945
7. Secured Creditors
At the year end, Clydesdale Bank PLC held floating charges over the assets of the company. These floating charges were satisfied on 28 March 2025 and 1 May 2025. 
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
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9. Post Balance Sheet Events
On 21 March 2025, the shareholding in Exception Holdings (the parent company of Exception Limited) was sold to Hendry Holdings Limited, a private company limited by shares, the result of a management buyout.
This also resulted in the change of directorships noted in the Report of the Directors. 
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