Acorah Software Products - Accounts Production 19.1.200 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 SC606604 M G Proud G Proud true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC606604 2024-08-31 SC606604 2025-08-31 SC606604 2024-09-01 2025-08-31 SC606604 frs-core:CurrentFinancialInstruments 2025-08-31 SC606604 frs-core:ComputerEquipment 2025-08-31 SC606604 frs-core:ComputerEquipment 2024-09-01 2025-08-31 SC606604 frs-core:ComputerEquipment 2024-08-31 SC606604 frs-core:FurnitureFittings 2025-08-31 SC606604 frs-core:FurnitureFittings 2024-09-01 2025-08-31 SC606604 frs-core:FurnitureFittings 2024-08-31 SC606604 frs-core:ShareCapital 2025-08-31 SC606604 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 SC606604 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC606604 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 SC606604 frs-bus:SmallEntities 2024-09-01 2025-08-31 SC606604 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC606604 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC606604 1 2024-09-01 2025-08-31 SC606604 frs-bus:Director1 2024-09-01 2025-08-31 SC606604 frs-countries:Scotland 2024-09-01 2025-08-31 SC606604 2023-08-31 SC606604 2024-08-31 SC606604 2023-09-01 2024-08-31 SC606604 frs-core:CurrentFinancialInstruments 2024-08-31 SC606604 frs-core:ShareCapital 2024-08-31 SC606604 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: SC606604
Subsea Production Systems Consultants Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Director M G Proud
Company Number SC606604
Registered Office 5 Carden Place
Aberdeen
AB10 1UT
Page 1
Page 2
Balance Sheet
Registered number: SC606604
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,570 884
1,570 884
CURRENT ASSETS
Debtors 5 75,150 44,023
Cash at bank and in hand 23,131 10,985
98,281 55,008
Creditors: Amounts Falling Due Within One Year 6 (47,384 ) (50,016 )
NET CURRENT ASSETS (LIABILITIES) 50,897 4,992
TOTAL ASSETS LESS CURRENT LIABILITIES 52,467 5,876
NET ASSETS 52,467 5,876
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 52,466 5,875
SHAREHOLDERS' FUNDS 52,467 5,876
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Page 3
For the year ending 31 August 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
M G Proud
Director
28th August 2026
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Subsea Production Systems Consultants Limited is a private company, limited by shares, incorporated in Scotland, registered number SC606604 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.
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, excluding discounts, rebates, value
added tax and other sales taxes.
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 the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Fixtures & Fittings 4 years straight line
Computer Equipment 3 years straight line
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
Average number of employees, including directors, during the period was 1 (2024: 1)
1 1
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2024 - 1,006 1,006
Additions 1,167 - 1,167
As at 31 August 2025 1,167 1,006 2,173
Depreciation
As at 1 September 2024 - 122 122
Provided during the period 146 335 481
As at 31 August 2025 146 457 603
Net Book Value
As at 31 August 2025 1,021 549 1,570
As at 1 September 2024 - 884 884
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 75,150 41,250
Other debtors - 2,773
75,150 44,023
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 636 7,155
Other creditors 3,282 1,794
Taxation and social security 43,466 41,067
47,384 50,016
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's controlling party is G Proud .
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