Acorah Software Products - Accounts Production 15.0.400 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12127310 Mr Robert Illidge Miss Annika Sanderson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12127310 2023-07-31 12127310 2024-07-31 12127310 2023-08-01 2024-07-31 12127310 frs-core:CurrentFinancialInstruments 2024-07-31 12127310 frs-core:ComputerEquipment 2024-07-31 12127310 frs-core:ComputerEquipment 2023-08-01 2024-07-31 12127310 frs-core:ComputerEquipment 2023-07-31 12127310 frs-core:SharePremium 2024-07-31 12127310 frs-core:ShareCapital 2024-07-31 12127310 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12127310 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12127310 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12127310 frs-bus:SmallEntities 2023-08-01 2024-07-31 12127310 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12127310 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12127310 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 12127310 frs-bus:OrdinaryShareClass1 2024-07-31 12127310 frs-bus:OrdinaryShareClass2 2023-08-01 2024-07-31 12127310 frs-bus:OrdinaryShareClass2 2024-07-31 12127310 frs-bus:Director1 2023-08-01 2024-07-31 12127310 frs-bus:Director2 2023-08-01 2024-07-31 12127310 frs-core:CurrentFinancialInstruments 1 2024-07-31 12127310 frs-core:CurrentFinancialInstruments 2 2024-07-31 12127310 frs-countries:EnglandWales 2023-08-01 2024-07-31 12127310 2022-07-31 12127310 2023-07-31 12127310 2022-08-01 2023-07-31 12127310 frs-core:CurrentFinancialInstruments 2023-07-31 12127310 frs-core:SharePremium 2023-07-31 12127310 frs-core:ShareCapital 2023-07-31 12127310 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12127310 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31 12127310 frs-bus:OrdinaryShareClass2 2022-08-01 2023-07-31 12127310 frs-core:CurrentFinancialInstruments 1 2023-07-31 12127310 frs-core:CurrentFinancialInstruments 2 2023-07-31
Registered number: 12127310
Vulse Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
RJF Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12127310
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,336 2,100
1,336 2,100
CURRENT ASSETS
Debtors 5 455 2,101
Cash at bank and in hand 9,166 63,479
9,621 65,580
Creditors: Amounts Falling Due Within One Year 6 (41,504 ) (8,539 )
NET CURRENT ASSETS (LIABILITIES) (31,883 ) 57,041
TOTAL ASSETS LESS CURRENT LIABILITIES (30,547 ) 59,141
NET (LIABILITIES)/ASSETS (30,547 ) 59,141
CAPITAL AND RESERVES
Called up share capital 7 132 126
Share premium account 251,967 149,974
Profit and Loss Account (282,646 ) (90,959 )
SHAREHOLDERS' FUNDS (30,547) 59,141
Page 1
Page 2
For the year ending 31 July 2024 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
Mr Robert Illidge
Director
06/08/2024
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
Vulse Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12127310 . The registered office is Huckletree Ancoats, Great Ancoats Street, Manchester, M4 5AD.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. 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:
Computer Equipment 3 years Straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 4)
5 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2023 2,291
As at 31 July 2024 2,291
Depreciation
As at 1 August 2023 191
Provided during the period 764
As at 31 July 2024 955
Net Book Value
As at 31 July 2024 1,336
As at 1 August 2023 2,100
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 400 -
VAT - 489
Net wages 55 -
Directors' loan accounts - 1,612
455 2,101
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 601 6,675
Other taxes and social security 31,493 1,864
Pensions Payable 6,189 -
Earnings Orders Payable 464 -
Directors' loan accounts 2,683 -
Intercompany Loan - Social Republic 74 -
41,504 8,539
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000,000 Ordinary Shares of £ 0.0001 each 100 100
320,000 Ordinary A shares of £ 0.0001 each 32 26
132 126
Shares issued during the period: £
59,648 Ordinary A shares of £ 0.0001 each 6
Page 4