Acorah Software Products - Accounts Production 16.1.200 false true 31 January 2023 1 February 2022 false 1 February 2023 31 March 2024 31 March 2024 09383123 Mr Peter Johal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09383123 2023-01-31 09383123 2024-03-31 09383123 2023-02-01 2024-03-31 09383123 frs-core:CurrentFinancialInstruments 2024-03-31 09383123 frs-core:Non-currentFinancialInstruments 2024-03-31 09383123 frs-core:ShareCapital 2024-03-31 09383123 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09383123 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-03-31 09383123 frs-bus:AbridgedAccounts 2023-02-01 2024-03-31 09383123 frs-bus:SmallEntities 2023-02-01 2024-03-31 09383123 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-03-31 09383123 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-03-31 09383123 frs-bus:Director1 2023-02-01 2024-03-31 09383123 frs-countries:EnglandWales 2023-02-01 2024-03-31 09383123 2022-01-31 09383123 2023-01-31 09383123 2022-02-01 2023-01-31 09383123 frs-core:CurrentFinancialInstruments 2023-01-31 09383123 frs-core:Non-currentFinancialInstruments 2023-01-31 09383123 frs-core:ShareCapital 2023-01-31 09383123 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09383123
Vivid Homes Limited
Unaudited ABRIDGED Financial Statements
For the Period 1 February 2023 to 31 March 2024
Newtons Accountants Limited
Chartered Certified Accountants
470 Hucknall Road
Nottingham
Nottinghamshire
NG5 1FX
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 09383123
31 March 2024 31 January 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 154,267 150,000
Debtors 100 100
154,367 150,100
Creditors: Amounts Falling Due Within One Year (2,628 ) (1,152 )
NET CURRENT ASSETS (LIABILITIES) 151,739 148,948
TOTAL ASSETS LESS CURRENT LIABILITIES 151,739 148,948
Creditors: Amounts Falling Due After More Than One Year (306,669 ) (283,373 )
NET LIABILITIES (154,930 ) (134,425 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (155,030 ) (134,525 )
SHAREHOLDERS' FUNDS (154,930) (134,425)
Page 1
Page 2
For the period ending 31 March 2024 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.
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 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Peter Johal
Director
31/01/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Vivid Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09383123 . The registered office is 172a/B Bramcote Lane, Wollaton, Nottingham, NG8 2QP.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2023: 1)
1 1
4. Secured Creditors
Of the creditors the following amounts are secured.
31 March 2024 31 January 2023
£ £
Bank loans and overdrafts 155,000 155,000
5. Share Capital
31 March 2024 31 January 2023
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
6. Related Party Transactions
During the period the company had a loan from a related party company under common control. The opening balance owed to the related party was £128,373 and during the year further amounts of £23,296 were paid on behalf of Vivid Homes by the related party. The closing balance of £151,669 owed to the related party is included in creditors due payable after one year.
No interest is charged on the loan and, whilst there are no repayment terms, the balance is considered payable after one year.
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