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 SC714591 G A Balfour G A P Balfour true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC714591 2025-03-31 SC714591 2026-03-31 SC714591 2025-04-01 2026-03-31 SC714591 frs-core:CurrentFinancialInstruments 2026-03-31 SC714591 frs-core:Non-currentFinancialInstruments 2026-03-31 SC714591 frs-core:FurnitureFittings 2026-03-31 SC714591 frs-core:FurnitureFittings 2025-04-01 2026-03-31 SC714591 frs-core:FurnitureFittings 2025-03-31 SC714591 frs-core:NetGoodwill 2026-03-31 SC714591 frs-core:NetGoodwill 2025-04-01 2026-03-31 SC714591 frs-core:NetGoodwill 2025-03-31 SC714591 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 SC714591 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 SC714591 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 SC714591 frs-core:ShareCapital 2026-03-31 SC714591 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 SC714591 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC714591 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 SC714591 frs-bus:SmallEntities 2025-04-01 2026-03-31 SC714591 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 SC714591 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC714591 1 2025-04-01 2026-03-31 SC714591 frs-bus:Director1 2025-04-01 2026-03-31 SC714591 frs-countries:Scotland 2025-04-01 2026-03-31 SC714591 2024-03-31 SC714591 2025-03-31 SC714591 2024-04-01 2025-03-31 SC714591 frs-core:CurrentFinancialInstruments 2025-03-31 SC714591 frs-core:Non-currentFinancialInstruments 2025-03-31 SC714591 frs-core:ShareCapital 2025-03-31 SC714591 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: SC714591
Balfour Practice Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director G A Balfour
Company Number SC714591
Registered Office 5 Carden Place
Aberdeen
AB10 1UT
Page 1
Page 2
Balance Sheet
Registered number: SC714591
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 91,200 106,400
Tangible Assets 5 179,791 160,653
270,991 267,053
CURRENT ASSETS
Stocks 6 2,500 2,500
Debtors 7 4,575 1,101
Cash at bank and in hand 104,002 98,541
111,077 102,142
Creditors: Amounts Falling Due Within One Year 8 (41,123 ) (37,293 )
NET CURRENT ASSETS (LIABILITIES) 69,954 64,849
TOTAL ASSETS LESS CURRENT LIABILITIES 340,945 331,902
Creditors: Amounts Falling Due After More Than One Year 9 (135,245 ) (162,122 )
NET ASSETS 205,700 169,780
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account 205,699 169,779
SHAREHOLDERS' FUNDS 205,700 169,780
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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 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
G A Balfour
Director
17th September 2026
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Balfour Practice Limited is a private company, limited by shares, incorporated in Scotland, registered number SC714591 . 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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of ten years.
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 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:
Freehold held at cost
Fixtures & Fittings 4 years straight line
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.6. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
2.7. 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.
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme
are charged to profit or loss in the period to which they relate.
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3. Average Number of Employees
Average number of employees, including directors, during the period was 5 (2025: 4)
5 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 152,000
As at 31 March 2026 152,000
Amortisation
As at 1 April 2025 45,600
Provided during the period 15,200
As at 31 March 2026 60,800
Net Book Value
As at 31 March 2026 91,200
As at 1 April 2025 106,400
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2025 152,562 8,968 161,530
Additions - 23,047 23,047
As at 31 March 2026 152,562 32,015 184,577
Depreciation
As at 1 April 2025 - 877 877
Provided during the period - 3,909 3,909
As at 31 March 2026 - 4,786 4,786
Net Book Value
As at 31 March 2026 152,562 27,229 179,791
As at 1 April 2025 152,562 8,091 160,653
6. Stocks
2026 2025
£ £
Stock 2,500 2,500
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7. Debtors
2026 2025
£ £
Due within one year
Other debtors 4,575 1,101
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors - 327
Bank loans and overdrafts 16,233 9,938
Other creditors 7,519 2,635
Taxation and social security 17,371 24,393
41,123 37,293
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 135,245 162,122
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
11. Ultimate Controlling Party
The company's ultimate controlling party is G A P Balfour .
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