Acorah Software Products - Accounts Production 19.4.300 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 SC408395 Mr Arran Moffat Mrs Anna Moffat iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC408395 2024-12-31 SC408395 2025-12-31 SC408395 2025-01-01 2025-12-31 SC408395 frs-core:CurrentFinancialInstruments 2025-12-31 SC408395 frs-core:Non-currentFinancialInstruments 2025-12-31 SC408395 frs-core:ComputerEquipment 2025-12-31 SC408395 frs-core:ComputerEquipment 2025-01-01 2025-12-31 SC408395 frs-core:ComputerEquipment 2024-12-31 SC408395 frs-core:FurnitureFittings 2025-12-31 SC408395 frs-core:FurnitureFittings 2025-01-01 2025-12-31 SC408395 frs-core:FurnitureFittings 2024-12-31 SC408395 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 SC408395 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 SC408395 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 SC408395 frs-core:PlantMachinery 2025-12-31 SC408395 frs-core:PlantMachinery 2025-01-01 2025-12-31 SC408395 frs-core:PlantMachinery 2024-12-31 SC408395 frs-core:ShareCapital 2025-12-31 SC408395 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC408395 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC408395 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC408395 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC408395 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC408395 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC408395 frs-bus:Director1 2025-01-01 2025-12-31 SC408395 frs-bus:Director1 2024-12-31 SC408395 frs-bus:Director1 2025-12-31 SC408395 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 SC408395 frs-countries:Scotland 2025-01-01 2025-12-31 SC408395 2023-12-31 SC408395 2024-12-31 SC408395 2024-01-01 2024-12-31 SC408395 frs-core:CurrentFinancialInstruments 2024-12-31 SC408395 frs-core:Non-currentFinancialInstruments 2024-12-31 SC408395 frs-core:ShareCapital 2024-12-31 SC408395 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: SC408395
GLOCAST LTD
Unaudited Financial Statements
For The Year Ended 31 December 2025
One Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC408395
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 81,080 110,981
81,080 110,981
CURRENT ASSETS
Debtors 5 318,512 243,653
Cash at bank and in hand 27,639 13,549
346,151 257,202
Creditors: Amounts Falling Due Within One Year 6 (368,989 ) (279,708 )
NET CURRENT ASSETS (LIABILITIES) (22,838 ) (22,506 )
TOTAL ASSETS LESS CURRENT LIABILITIES 58,242 88,475
Creditors: Amounts Falling Due After More Than One Year 7 (40,750 ) (64,399 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,423 ) (23,130 )
NET ASSETS 1,069 946
CAPITAL AND RESERVES
Called up share capital 8 3 3
Profit and Loss Account 1,066 943
SHAREHOLDERS' FUNDS 1,069 946
Page 1
Page 2
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 Arran Moffat
Director
10/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
GLOCAST LTD is a private company, limited by shares, incorporated in Scotland, registered number SC408395 . The registered office is 19 Windsor Place, Edinburgh, EH15 2AJ.
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
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:
Leasehold 10% on cost
Plant & Machinery 20% & 33% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 20% & 33% on cost
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.
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: 8 (2024: 9)
8 9
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2025 30,736 175,901 20,432 232,515 459,584
Additions - - - 12,039 12,039
Disposals - (5,522 ) - (5,751 ) (11,273 )
As at 31 December 2025 30,736 170,379 20,432 238,803 460,350
Depreciation
As at 1 January 2025 12,274 166,067 14,943 155,319 348,603
Provided during the period 3,074 6,910 4,038 27,918 41,940
Disposals - (5,522 ) - (5,751 ) (11,273 )
As at 31 December 2025 15,348 167,455 18,981 177,486 379,270
Net Book Value
As at 31 December 2025 15,388 2,924 1,451 61,317 81,080
As at 1 January 2025 18,462 9,834 5,489 77,196 110,981
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 92,995 81,867
Prepayments and accrued income 35,940 3,507
Corporation tax recoverable assets 44,811 39,586
Director's loan account 144,766 118,693
318,512 243,653
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 104,881 56,087
Bank loans and overdrafts 8,000 17,714
Other loans 69,142 80,469
Corporation tax 41,825 36,804
Other taxes and social security 58,009 17,584
VAT 82,786 64,527
Other creditors - 2,339
Accruals and deferred income 4,346 4,184
368,989 279,708
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 694 4,666
Other loans 40,056 59,733
40,750 64,399
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
9. 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 Arran Moffat (118,693 ) 44,731 18,659 - (144,766 )
The Directors loan is repayable upon demand. Interest is charged at a rate of 2.25% up to 05/04/2025 and 3.75% thereafter.
Dividends paid to directors
2025 2024
£ £
Mr Arran Moffat 72,671 59,900
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