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 SC084311 Mr Dennis Multon Mr Fraser Mills Mr Donald Liddiard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC084311 2025-03-31 SC084311 2026-03-31 SC084311 2025-04-01 2026-03-31 SC084311 frs-core:CurrentFinancialInstruments 2026-03-31 SC084311 frs-core:Non-currentFinancialInstruments 2026-03-31 SC084311 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 SC084311 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 SC084311 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 SC084311 frs-core:PlantMachinery 2026-03-31 SC084311 frs-core:PlantMachinery 2025-04-01 2026-03-31 SC084311 frs-core:PlantMachinery 2025-03-31 SC084311 frs-core:SharePremium 2026-03-31 SC084311 frs-core:ShareCapital 2026-03-31 SC084311 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 SC084311 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC084311 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 SC084311 frs-bus:SmallEntities 2025-04-01 2026-03-31 SC084311 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 SC084311 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC084311 frs-bus:Director1 2025-04-01 2026-03-31 SC084311 frs-bus:Director2 2025-04-01 2026-03-31 SC084311 frs-bus:CompanySecretary1 2025-04-01 2026-03-31 SC084311 frs-core:CurrentFinancialInstruments 1 2026-03-31 SC084311 frs-countries:Scotland 2025-04-01 2026-03-31 SC084311 2024-03-31 SC084311 2025-03-31 SC084311 2024-04-01 2025-03-31 SC084311 frs-core:CurrentFinancialInstruments 2025-03-31 SC084311 frs-core:Non-currentFinancialInstruments 2025-03-31 SC084311 frs-core:SharePremium 2025-03-31 SC084311 frs-core:ShareCapital 2025-03-31 SC084311 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC084311 frs-core:CurrentFinancialInstruments 1 2025-03-31
Registered number: SC084311
Water of Leith 2000 Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC084311
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 326,063 352,790
326,063 352,790
CURRENT ASSETS
Debtors 5 186,696 169,892
Cash at bank and in hand 107,220 119,949
293,916 289,841
Creditors: Amounts Falling Due Within One Year 6 (43,739 ) (45,466 )
NET CURRENT ASSETS (LIABILITIES) 250,177 244,375
TOTAL ASSETS LESS CURRENT LIABILITIES 576,240 597,165
NET ASSETS 576,240 597,165
CAPITAL AND RESERVES
Called up share capital 7 75,600 75,600
Share premium account 223,050 223,050
Profit and Loss Account 277,590 298,515
SHAREHOLDERS' FUNDS 576,240 597,165
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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 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 Fraser Mills
Director
26/05/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Water of Leith 2000 Limited is a private company, limited by shares, incorporated in Scotland, registered number SC084311 . The registered office is Barge La Belle Esperance, Shore, Leith, Edinburgh, EH6 6QW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 2% straight line
Plant & Machinery 25% Reducing balance
2.4. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Office and administration 2 3
2 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2025 28,945 824,562 853,507
Additions - 645 645
As at 31 March 2026 28,945 825,207 854,152
Depreciation
As at 1 April 2025 - 500,717 500,717
Provided during the period - 27,372 27,372
As at 31 March 2026 - 528,089 528,089
Net Book Value
As at 31 March 2026 28,945 297,118 326,063
As at 1 April 2025 28,945 323,845 352,790
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 23,240 15,928
Prepayments and accrued income 6,058 2,932
Bad Debt Provision (677 ) -
Amounts owed by associates 60,000 60,000
88,621 78,860
Due after more than one year
Trade debtors 98,075 91,032
186,696 169,892
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6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 11,749 2,925
Corporation tax 2,149 4,936
Other taxes and social security - 420
VAT 4,610 5,337
Other creditors 8,750 11,375
Accruals and deferred income 16,481 19,335
Amounts owed to associates - 1,138
43,739 45,466
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 75,600 75,600
8. Related Party Transactions
Mills & Multon (Edinburgh) Limited  is owned and controlled by Fraser Mills and Dennis Multon who are the controlling directors  and shareholders of Water of Leith 2000 Limited (The Company)
On 29th October 2024 the Company lent £60,000 to Mills & Multon (Edinburgh) Limited. This loan is  unsecured  and interest free. As at 31st March 2026 the sum still  outstanding  from this advance was £60,000 (2025- £60,000)
Sundry costs  on behalf of the Company have been paid  on its behalf by Mills & Multon (Edinburgh) Limited and as at 31st March 2026 the sum due for repayment by the Company was £Nil (2025 -£1,138)
From 1st January 2025 until 31st March 2026 the management of the Company and its properties was being undertaken by Mills & Multon (Edinburgh) Limited which was charging the Company for the services of its staff. During the year ending 31st March 2026 it charged £10,950 for these services (2025- £1,775)
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