Acorah Software Products - Accounts Production 19.3.550 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 SC413610 Mr Scott Rafferty Scott Rafferty true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC413610 2024-12-31 SC413610 2025-12-31 SC413610 2025-01-01 2025-12-31 SC413610 frs-core:CurrentFinancialInstruments 2025-12-31 SC413610 frs-core:Non-currentFinancialInstruments 2025-12-31 SC413610 frs-core:BetweenOneFiveYears 2025-12-31 SC413610 frs-core:ComputerEquipment 2025-12-31 SC413610 frs-core:ComputerEquipment 2025-01-01 2025-12-31 SC413610 frs-core:ComputerEquipment 2024-12-31 SC413610 frs-core:FurnitureFittings 2025-12-31 SC413610 frs-core:FurnitureFittings 2025-01-01 2025-12-31 SC413610 frs-core:FurnitureFittings 2024-12-31 SC413610 frs-core:MotorVehicles 2025-12-31 SC413610 frs-core:MotorVehicles 2025-01-01 2025-12-31 SC413610 frs-core:MotorVehicles 2024-12-31 SC413610 frs-core:PlantMachinery 2025-12-31 SC413610 frs-core:PlantMachinery 2025-01-01 2025-12-31 SC413610 frs-core:PlantMachinery 2024-12-31 SC413610 frs-core:WithinOneYear 2025-12-31 SC413610 frs-core:ShareCapital 2025-12-31 SC413610 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC413610 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC413610 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC413610 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC413610 frs-bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 SC413610 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC413610 frs-bus:OrdinaryShareClass1 2025-01-01 2025-12-31 SC413610 frs-bus:OrdinaryShareClass1 2025-12-31 SC413610 1 2025-01-01 2025-12-31 SC413610 frs-bus:Director1 2025-01-01 2025-12-31 SC413610 frs-bus:Director1 2024-12-31 SC413610 frs-bus:Director1 2025-12-31 SC413610 frs-countries:Scotland 2025-01-01 2025-12-31 SC413610 2023-12-31 SC413610 2024-12-31 SC413610 2024-01-01 2024-12-31 SC413610 frs-core:CurrentFinancialInstruments 2024-12-31 SC413610 frs-core:Non-currentFinancialInstruments 2024-12-31 SC413610 frs-core:BetweenOneFiveYears 2024-12-31 SC413610 frs-core:WithinOneYear 2024-12-31 SC413610 frs-core:ShareCapital 2024-12-31 SC413610 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC413610 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31
Registered number: SC413610
Scott Rafferty Groundworks Ltd
Financial Statements
For The Year Ended 31 December 2025
Gillespie's Fife
Scott Rafferty Groundworks Ltd
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—7

Page 1
Scott Rafferty Groundworks Ltd
Accountants' Report
For The Year Ended 31 December 2025
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Scott Rafferty Groundworks Ltd For The Year Ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Scott Rafferty Groundworks Ltd For The Year Ended 31 December 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the director of Scott Rafferty Groundworks Ltd , as a body, in accordance with the terms of our engagement letter dated 25 February 2015. Our work has been undertaken solely to prepare for your approval the accounts of Scott Rafferty Groundworks Ltd and state those matters that we have agreed to state to the director of Scott Rafferty Groundworks Ltd , as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Scott Rafferty Groundworks Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that Scott Rafferty Groundworks Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Scott Rafferty Groundworks Ltd . You consider that Scott Rafferty Groundworks Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Scott Rafferty Groundworks Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

27th July 2026

Gillespie's Fife
Accountants
Fric Ajax Way
Methil
Leven
KY8 3RS
Page 1
Page 2
Scott Rafferty Groundworks Ltd
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: SC413610

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 35,761 |  | 42,902
|  |  | 35,761 |  | 42,902
CURRENT ASSETS
Debtors | 5 | 70,845 |  | 67,725 |
Cash at bank and in hand |  | 11,540 |  | 2,901 |
|  | 82,385 |  | 70,626 |
Creditors: Amounts Falling Due Within One Year | 6 | (28,939 ) |  | (25,575 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 53,446 |  | 45,051
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 89,207 |  | 87,953
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (7,268 ) |  | (2,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 9 |  | (6,552 ) |  | (7,848 )
NET ASSETS |  |  | 75,387 |  | 78,105
CAPITAL AND RESERVES
Called up share capital | 10 |  | 1 |  | 1
Profit and Loss Account |  |  | 75,386 |  | 78,104
SHAREHOLDERS' FUNDS |  |  | 75,387 |  | 78,105

Page 2
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Scott Rafferty Groundworks Ltd
Balance Sheet (continued)
As At 31 December 2025
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 Scott Rafferty Director
27th July 2026

The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Scott Rafferty Groundworks Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Scott Rafferty Groundworks Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC413610 . The registered office is 24 Fernhill Drive, Windygates, Leven, Fife, KY8 5ED.
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 stated at cost less depreciation. 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
Motor Vehicles | 20% reducing balance
Fixtures & Fittings | 20% reducing balance
Computer Equipment | 33% straight line

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Taxation
Corporation 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 year 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.
...CONTINUED
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Scott Rafferty Groundworks Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.5. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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 as follows:

| 2025 |  | 2024
--- | --- | --- | ---
Manufacturing | 2 |  | 2
| 2 |  | 2

4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 January 2025 | 29,836 | 11,265 | 34,427 | 12,258 | 87,786
Additions | - | 2,200 | 570 | - | 2,770
As at 31 December 2025 | 29,836 | 13,465 | 34,997 | 12,258 | 90,556
Depreciation
As at 1 January 2025 | 11,180 | 2,253 | 20,416 | 11,035 | 44,884
Provided during the period | 3,728 | 2,242 | 2,916 | 1,025 | 9,911
As at 31 December 2025 | 14,908 | 4,495 | 23,332 | 12,060 | 54,795
Net Book Value
As at 31 December 2025 | 14,928 | 8,970 | 11,665 | 198 | 35,761
As at 1 January 2025 | 18,656 | 9,012 | 14,011 | 1,223 | 42,902

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 1,125 |  | 285
Other debtors | 15,032 |  | 13,265
VAT | - |  | 7,083
Other taxes and social security | 699 |  | -
Director's loan account | 53,989 |  | 47,092
| 70,845 |  | 67,725

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Scott Rafferty Groundworks Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 4,629 |  | 15,966
Trade creditors | 336 |  | 2,509
Bank loans and overdrafts | 1,000 |  | 4,000
Other loans | 13,987 |  | -
Corporation tax | 4,170 |  | -
Other taxes and social security | - |  | 655
VAT | 2,259 |  | -
Net wages | 858 |  | 585
Accruals and deferred income | 1,700 |  | 1,860
| 28,939 |  | 25,575

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 7,268 |  | -
Bank loans | - |  | 2,000
| 7,268 |  | 2,000

8. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 4,629 |  | 15,966
Later than one year and not later than five years | 7,268 |  | -
| 11,897 |  | 15,966
| 11,897 |  | 15,966

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | 6,552 |  | 7,848

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1 Ordinary Shares of £ 1.00 each | 1 |  | 1

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Scott Rafferty Groundworks Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 January 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 December 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Scott Rafferty | 47,092 | 48,150 | (41,253 ) | - | 53,989

The above loan is unsecured, interest free and repayable on demand.
12. Dividends

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Final dividend paid | 16,500 |  | 35,000

Final dividends of £12,000 were declared on 27 January 2026.
Interim dividends of £6,500 were declared on 5 April 2026.
13. Ultimate Controlling Party
The company's ultimate controlling party is Scott Rafferty by virtue of his ownership of 100% of the issued share capital in the company.
Page 7