Acorah Software Products - Accounts Production 15.0.600 false true false 8 February 2023 29 February 2024 29 February 2024 14649957 Miss Kathryn Close Mr Malcolm Close iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14649957 2023-02-07 14649957 2024-02-29 14649957 2023-02-08 2024-02-29 14649957 frs-core:ComputerEquipment 2023-02-08 2024-02-29 14649957 frs-core:SharePremium 2024-02-29 14649957 frs-core:ShareCapital 2024-02-29 14649957 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 14649957 frs-bus:PrivateLimitedCompanyLtd 2023-02-08 2024-02-29 14649957 frs-bus:AbridgedAccounts 2023-02-08 2024-02-29 14649957 frs-bus:SmallEntities 2023-02-08 2024-02-29 14649957 frs-bus:AuditExempt-NoAccountantsReport 2023-02-08 2024-02-29 14649957 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-08 2024-02-29 14649957 frs-bus:Director1 2023-02-08 2024-02-29 14649957 frs-bus:Director2 2023-02-08 2024-02-29 14649957 frs-countries:EnglandWales 2023-02-08 2024-02-29
Registered number: 14649957
Vespertine Limited
Unaudited ABRIDGED Financial Statements
For the Period 8 February 2023 to 29 February 2024
Numbercloud Limited
Chartered Certified Accountants
14 High Street
Saffron Walden
Essex
CB10 1AY
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 14649957
29 February 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 528
528
CURRENT ASSETS
Stocks 38,345
Debtors 286
Cash at bank and in hand 5,900
44,531
Creditors: Amounts Falling Due Within One Year (51,825 )
NET CURRENT ASSETS (LIABILITIES) (7,294 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,766 )
NET LIABILITIES (6,766 )
CAPITAL AND RESERVES
Called up share capital 5 100
Share premium account 20,000
Profit and Loss Account (26,866 )
SHAREHOLDERS' FUNDS (6,766)
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For the period ending 29 February 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 29 February 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Miss Kathryn Close
Director
11 October 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
Vespertine Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14649957 . The registered office is 14 High Street, Saffron Walden, Essex, CB10 1AY.
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 33% straight line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Total
£
Cost
As at 8 February 2023 792
As at 29 February 2024 792
Depreciation
As at 8 February 2023 -
Provided during the period 264
As at 29 February 2024 264
...CONTINUED
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Net Book Value
As at 29 February 2024 528
As at 8 February 2023 792
5. Share Capital
29 February 2024
£
Allotted, Called up and fully paid 100
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