Acorah Software Products - Accounts Production 19.3.600 false true 31 January 2025 8 January 2024 false 1 February 2025 31 January 2026 31 January 2026 SC794425 C G Morrice iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC794425 2025-01-31 SC794425 2026-01-31 SC794425 2025-02-01 2026-01-31 SC794425 frs-core:CurrentFinancialInstruments 2026-01-31 SC794425 frs-core:Non-currentFinancialInstruments 2026-01-31 SC794425 frs-core:FurnitureFittings 2026-01-31 SC794425 frs-core:FurnitureFittings 2025-02-01 2026-01-31 SC794425 frs-core:FurnitureFittings 2025-01-31 SC794425 frs-core:ShareCapital 2026-01-31 SC794425 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 SC794425 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 SC794425 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 SC794425 frs-bus:SmallEntities 2025-02-01 2026-01-31 SC794425 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 SC794425 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 SC794425 frs-bus:Director1 2025-02-01 2026-01-31 SC794425 frs-countries:Scotland 2025-02-01 2026-01-31 SC794425 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2025-01-31 SC794425 2024-01-07 SC794425 2025-01-31 SC794425 2024-01-08 2025-01-31 SC794425 frs-core:CurrentFinancialInstruments 2025-01-31 SC794425 frs-core:Non-currentFinancialInstruments 2025-01-31 SC794425 frs-core:ShareCapital 2025-01-31 SC794425 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: SC794425
Morrice Lettings Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Infinity Advisors Ltd t/a Infinity Partnership
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director C G Morrice
Company Number SC794425
Registered Office 11 Queens Lane South
Aberdeen
AB15 4UZ
Page 1
Page 2
Balance Sheet
Registered number: SC794425
31 January 2026 31 January 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,743 7,894
7,743 7,894
CURRENT ASSETS
Debtors 5 31,776 20,894
Cash at bank and in hand 4,735 2,127
36,511 23,021
Creditors: Amounts Falling Due Within One Year 6 (7,619 ) (9,346 )
NET CURRENT ASSETS (LIABILITIES) 28,892 13,675
TOTAL ASSETS LESS CURRENT LIABILITIES 36,635 21,569
Creditors: Amounts Falling Due After More Than One Year 7 (41,517 ) (14,781 )
NET (LIABILITIES)/ASSETS (4,882 ) 6,788
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (4,884 ) 6,786
SHAREHOLDERS' FUNDS (4,882) 6,788
Page 2
Page 3
For the year ending 31 January 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
C G Morrice
Director
14th October 2026
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Morrice Lettings Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC794425 . The registered office is 11 Queens Lane South, Aberdeen, AB15 4UZ.
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 20% on cost
2.4. 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.
2.5. 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 2 (2025: 2)
2 2
Page 4
Page 5
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2025 8,471
Additions 7,021
Disposals (7,071 )
As at 31 January 2026 8,421
Depreciation
As at 1 February 2025 577
Provided during the period 1,103
Disposals (1,002 )
As at 31 January 2026 678
Net Book Value
As at 31 January 2026 7,743
As at 1 February 2025 7,894
5. Debtors
31 January 2026 31 January 2025
£ £
Due within one year
Amounts owed by participating interests 31,776 299
Other debtors - 20,595
31,776 20,894
6. Creditors: Amounts Falling Due Within One Year
31 January 2026 31 January 2025
£ £
Bank loans and overdrafts 5,371 2,407
Other creditors 2,248 6,939
7,619 9,346
7. Creditors: Amounts Falling Due After More Than One Year
31 January 2026 31 January 2025
£ £
Bank loans 41,517 14,781
Of the creditors falling due after more than one year the following amounts are due after more than five years.
31 January 2026 31 January 2025
£ £
Bank loans - 6,485
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Page 6
8. Share Capital
31 January 2026 31 January 2025
£ £
Allotted, Called up and fully paid 2 2
Page 6