Acorah Software Products - Accounts Production 19.4.300 false true true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 SC042018 Mrs J Meyer Mrs S Graham Miss E J Graham Mr J Graham Miss E J Graham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC042018 2024-12-31 SC042018 2025-12-31 SC042018 2025-01-01 2025-12-31 SC042018 frs-core:CurrentFinancialInstruments 2025-12-31 SC042018 frs-core:ComputerEquipment 2025-12-31 SC042018 frs-core:ComputerEquipment 2025-01-01 2025-12-31 SC042018 frs-core:ComputerEquipment 2024-12-31 SC042018 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-12-31 SC042018 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 SC042018 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 SC042018 frs-core:ShareCapital 2025-12-31 SC042018 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 SC042018 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC042018 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 SC042018 frs-bus:SmallEntities 2025-01-01 2025-12-31 SC042018 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 SC042018 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 SC042018 frs-bus:Director1 2025-01-01 2025-12-31 SC042018 frs-bus:Director2 2025-01-01 2025-12-31 SC042018 frs-bus:Director3 2025-01-01 2025-12-31 SC042018 frs-bus:Director4 2025-01-01 2025-12-31 SC042018 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 SC042018 frs-countries:Scotland 2025-01-01 2025-12-31 SC042018 2023-12-31 SC042018 2024-12-31 SC042018 2024-01-01 2024-12-31 SC042018 frs-core:CurrentFinancialInstruments 2024-12-31 SC042018 frs-core:ShareCapital 2024-12-31 SC042018 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: SC042018
Peter Graham Properties Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Glen Drummond Ltd
Chartered Accountants
Argyll House
Quarrywood Court
Livingston
EH54 6AX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC042018
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 601,690 602,304
601,690 602,304
CURRENT ASSETS
Debtors 5 5,287 5,138
Cash at bank and in hand 73,842 86,163
79,129 91,301
Creditors: Amounts Falling Due Within One Year 6 (17,058 ) (24,320 )
NET CURRENT ASSETS (LIABILITIES) 62,071 66,981
TOTAL ASSETS LESS CURRENT LIABILITIES 663,761 669,285
PROVISIONS FOR LIABILITIES
Deferred Taxation (139,845 ) (139,999 )
NET ASSETS 523,916 529,286
CAPITAL AND RESERVES
Called up share capital 7 20,000 20,000
Profit and Loss Account 503,916 509,286
SHAREHOLDERS' FUNDS 523,916 529,286
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 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
Mrs S Graham
Director
14 September 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Peter Graham Properties Limited is a private company, limited by shares, incorporated in Scotland, registered number SC042018 . The registered office is The Wheelhouse, Linlithgow, West Lothian, EH49 7NA.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.4. 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 0%
Computer Equipment 25% Straight line
2.5. Financial Instruments
Basic financial instruments are initially recognised at transaction price, including transaction costs, and subsequently measured at amortised cost using the effective interest method, where applicable. These can include trade and other debtors, cash and bank balances, trade and other creditors, and intercompany balances. Financial assets are assessed at the end of each reporting period for evidence of impairment and adjusted if necessary. The company does not hold or issue any complex financial instruments such as derivatives.
2.6. 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: 4 (2024: 1)
4 1
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 January 2025 600,000 3,801 603,801
As at 31 December 2025 600,000 3,801 603,801
Depreciation
As at 1 January 2025 - 1,497 1,497
Provided during the period - 614 614
As at 31 December 2025 - 2,111 2,111
Net Book Value
As at 31 December 2025 600,000 1,690 601,690
As at 1 January 2025 600,000 2,304 602,304
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 5,287 5,138
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Other creditors 16,220 24,193
Taxation and social security 837 127
17,058 24,320
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 20,000 20,000
8. Related Party Transactions
The company operates a loan account with the director, Mrs S Graham.
During the year, the company repaid loans totalling £8,229 to the director. At the year end, the balance due to the director was £12,074 (2024: £20,303). This loan is unsecured, interest free and has no fixed repayment terms.
The company operates a loan account with the director, Mr J Graham.
During the year, the director advanced loans totalling £110 to the company. At the year end, the balance due to the director was £110. This loan is unsecured, interest free and has no fixed repayment terms.
Page 4