Acorah Software Products - Accounts Production 19.3.600 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 SC434585 Mr J Lumsden Mr J Lumsden. true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC434585 2025-03-31 SC434585 2026-03-31 SC434585 2025-04-01 2026-03-31 SC434585 frs-core:CurrentFinancialInstruments 2026-03-31 SC434585 frs-core:BetweenOneFiveYears 2026-03-31 SC434585 frs-core:ComputerEquipment 2026-03-31 SC434585 frs-core:ComputerEquipment 2025-04-01 2026-03-31 SC434585 frs-core:ComputerEquipment 2025-03-31 SC434585 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-03-31 SC434585 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 SC434585 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 SC434585 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 SC434585 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 SC434585 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 SC434585 frs-core:MotorVehicles 2026-03-31 SC434585 frs-core:MotorVehicles 2025-04-01 2026-03-31 SC434585 frs-core:MotorVehicles 2025-03-31 SC434585 frs-core:PlantMachinery 2026-03-31 SC434585 frs-core:PlantMachinery 2025-04-01 2026-03-31 SC434585 frs-core:PlantMachinery 2025-03-31 SC434585 frs-core:WithinOneYear 2026-03-31 SC434585 frs-core:ShareCapital 2026-03-31 SC434585 frs-core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 SC434585 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 SC434585 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC434585 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 SC434585 frs-bus:SmallEntities 2025-04-01 2026-03-31 SC434585 frs-bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 SC434585 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC434585 1 2025-04-01 2026-03-31 SC434585 frs-core:DeferredTaxation 2025-04-01 2026-03-31 SC434585 frs-core:DeferredTaxation 2025-03-31 SC434585 frs-core:DeferredTaxation 2026-03-31 SC434585 frs-bus:Director1 2025-04-01 2026-03-31 SC434585 frs-bus:Director1 2025-03-31 SC434585 frs-bus:Director1 2026-03-31 SC434585 frs-countries:Scotland 2025-04-01 2026-03-31 SC434585 2024-03-31 SC434585 2025-03-31 SC434585 2024-04-01 2025-03-31 SC434585 frs-core:CurrentFinancialInstruments 2025-03-31 SC434585 frs-core:BetweenOneFiveYears 2025-03-31 SC434585 frs-core:WithinOneYear 2025-03-31 SC434585 frs-core:ShareCapital 2024-03-31 SC434585 frs-core:ShareCapital 2025-03-31 SC434585 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 SC434585 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-03-31 SC434585 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: SC434585
Finesse Quality Coatings (Aberdeen) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Nuvo Scotland Limited
Finesse Quality Coatings (Aberdeen) Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Accountants' Report | 2
Balance Sheet | 3—4
Statement of Changes in Equity | 5
Notes to the Financial Statements | 6—10

Page 1
Finesse Quality Coatings (Aberdeen) Limited
Company Information
For The Year Ended 31 March 2026
Company Information

Director | Mr J Lumsden
Company Number | SC434585
Registered Office | 27 Cotton Street
| Aberdeen
| AB11 5EE
Accountants | Nuvo Scotland Limited
| Bankhead Drive
| City South Office Park
| Portlethen
| Aberdeen
| AB12 4XX

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Finesse Quality Coatings (Aberdeen) Limited
Accountants' Report
For The Year Ended 31 March 2026
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Finesse Quality Coatings (Aberdeen) Limited for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Finesse Quality Coatings (Aberdeen) Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Finesse Quality Coatings (Aberdeen) Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Finesse Quality Coatings (Aberdeen) Limited and state those matters that we have agreed to state to the director of Finesse Quality Coatings (Aberdeen) Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Finesse Quality Coatings (Aberdeen) Limited and its director as a body for our work or for this report.
It is your duty to ensure that Finesse Quality Coatings (Aberdeen) Limited 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 Finesse Quality Coatings (Aberdeen) Limited . You consider that Finesse Quality Coatings (Aberdeen) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Finesse Quality Coatings (Aberdeen) Limited . 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.

7 August 2026

Nuvo Scotland Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeen
AB12 4XX
Page 2
Page 3
Finesse Quality Coatings (Aberdeen) Limited
Balance Sheet
As At 31 March 2026
Balance Sheet
Registered number: SC434585

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 112,878 |  | 120,102
|  |  | 112,878 |  | 120,102
CURRENT ASSETS
Stocks | 5 | 31,190 |  | 33,416 |
Debtors | 6 | 47,684 |  | 34,315 |
Cash at bank and in hand |  | 4,842 |  | 14,557 |
|  | 83,716 |  | 82,288 |
Creditors: Amounts Falling Due Within One Year | 7 | (90,031 ) |  | (89,148 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (6,315 ) |  | (6,860 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 106,563 |  | 113,242
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,220 ) |  | (2,426 )
NET ASSETS |  |  | 105,343 |  | 110,816
CAPITAL AND RESERVES
Called up share capital |  |  | 2 |  | 2
Profit and Loss Account |  |  | 105,341 |  | 110,814
SHAREHOLDERS' FUNDS |  |  | 105,343 |  | 110,816

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Finesse Quality Coatings (Aberdeen) Limited
Balance Sheet (continued)
As At 31 March 2026
For the year ending 31 March 2026 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.
The financial statements were approved by the board of directors on 7 August 2026 and were signed on its behalf by:

Mr J Lumsden Director
7 August 2026

The notes on pages 6 to 10 form part of these financial statements.
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Finesse Quality Coatings (Aberdeen) Limited
Statement of Changes in Equity
For The Year Ended 31 March 2026
Statement of Changes in Equity

| Share Capital | Profit and Loss Account | Total
--- | --- | --- | ---
| £ | £ | £
As at 1 April 2024 | 2 | 110,980 | 110,982
Loss for the year and total comprehensive income | - | (166 ) | (166)
As at 31 March 2025 and 1 April 2025 | 2 | 110,814 | 110,816
Loss for the year and total comprehensive income | - | (5,473 ) | (5,473)
As at 31 March 2026 | 2 | 105,341 | 105,343

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Finesse Quality Coatings (Aberdeen) Limited
Notes to the Financial Statements
For The Year Ended 31 March 2026
Notes to the Financial Statements
1. General Information
Finesse Quality Coatings (Aberdeen) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC434585 . The registered office is 27 Cotton Street, Aberdeen, AB11 5EE.
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. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Tangible Fixed Assets and Depreciation
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Assets held under finance leases are depreciated in the same way as owned assets.
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 | 2% on cost
Improvements to property | 10% on cost
Plant & Machinery | 25% on cost
Motor Vehicles | 25% on cost
Computer Equipment | 25% on cost

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.
2.5. 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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Finesse Quality Coatings (Aberdeen) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
2.6. Financial Instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.
Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.
Basic financial liabilities
Basic financial liabilities, which include trade and other creditors and bank loans payable within one year are not amortised and is recognised at transaction price.
Debt instruments are initially recognised at transaction price plus transaction cost and subsequently carried at amortised cost using the effective interest rate method.
Financial liabilities are derecognised when the company's contractual obligations are discharged.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
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
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. Pensions
The company operates a 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: 5 (2025: 5)
5 5
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Finesse Quality Coatings (Aberdeen) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Improvements to property | Plant & Machinery | Motor Vehicles
| £ | £ | £ | £
Cost
As at 1 April 2025 | 120,000 | 23,566 | 39,078 | 13,995
Disposals | - | - | (3,531 ) | -
As at 31 March 2026 | 120,000 | 23,566 | 35,547 | 13,995
Depreciation
As at 1 April 2025 | 9,600 | 20,224 | 33,080 | 13,995
Provided during the period | 2,400 | 753 | 3,307 | -
Disposals | - | - | (3,077 ) | -
As at 31 March 2026 | 12,000 | 20,977 | 33,310 | 13,995
Net Book Value
As at 31 March 2026 | 108,000 | 2,589 | 2,237 | -
As at 1 April 2025 | 110,400 | 3,342 | 5,998 | -

| Computer Equipment | Total
--- | --- | ---
| £ | £
Cost
As at 1 April 2025 | 1,985 | 198,624
Disposals | - | (3,531 )
As at 31 March 2026 | 1,985 | 195,093
Depreciation
As at 1 April 2025 | 1,623 | 78,522
Provided during the period | 310 | 6,770
Disposals | - | (3,077 )
As at 31 March 2026 | 1,933 | 82,215
Net Book Value
As at 31 March 2026 | 52 | 112,878
As at 1 April 2025 | 362 | 120,102

5. Stocks

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Stock & work in progress | 31,190 |  | 33,416

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Finesse Quality Coatings (Aberdeen) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 45,047 |  | 31,424
Prepayments and accrued income | 2,637 |  | 2,891
| 47,684 |  | 34,315

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 9,064 |  | 6,564
Other taxes and social security | 1,321 |  | 1,905
VAT | 7,721 |  | 7,862
Other creditors | 424 |  | 1,299
Accruals and deferred income | 4,481 |  | 3,810
Director's loan account | 67,020 |  | 67,708
| 90,031 |  | 89,148

8. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 April 2025 | 2,426 | 2,426
Deferred taxation | (1,206 ) | (1,206 )
Balance at 31 March 2026 | 1,220 | 1,220

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

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Not later than one year | 8,452 |  | 8,453
Later than one year and not later than five years | 1,690 |  | 10,143
| 10,142 |  | 18,596

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

| As at 1 April 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Jeffrey Lumsden | (67,708 ) | 6,000 | (5,312 ) | - | (67,020 )

The above loan is interest free and has no fixed repayment terms.
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Finesse Quality Coatings (Aberdeen) Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2026
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr J Lumsden.
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