Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10758888 Mr Massimo Marinelli Ms Lisa Ing iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10758888 2023-05-31 10758888 2024-05-31 10758888 2023-06-01 2024-05-31 10758888 frs-core:CurrentFinancialInstruments 2024-05-31 10758888 frs-core:ComputerEquipment 2024-05-31 10758888 frs-core:ComputerEquipment 2023-06-01 2024-05-31 10758888 frs-core:ComputerEquipment 2023-05-31 10758888 frs-core:FurnitureFittings 2024-05-31 10758888 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10758888 frs-core:FurnitureFittings 2023-05-31 10758888 frs-core:NetGoodwill 2024-05-31 10758888 frs-core:NetGoodwill 2023-06-01 2024-05-31 10758888 frs-core:NetGoodwill 2023-05-31 10758888 frs-core:PlantMachinery 2024-05-31 10758888 frs-core:PlantMachinery 2023-06-01 2024-05-31 10758888 frs-core:PlantMachinery 2023-05-31 10758888 frs-core:ShareCapital 2024-05-31 10758888 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10758888 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10758888 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10758888 frs-bus:SmallEntities 2023-06-01 2024-05-31 10758888 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10758888 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10758888 frs-bus:Director1 2023-06-01 2024-05-31 10758888 frs-bus:Director2 2023-06-01 2024-05-31 10758888 frs-core:CurrentFinancialInstruments 7 2024-05-31 10758888 frs-countries:EnglandWales 2023-06-01 2024-05-31 10758888 2022-05-31 10758888 2023-05-31 10758888 2022-06-01 2023-05-31 10758888 frs-core:CurrentFinancialInstruments 2023-05-31 10758888 frs-core:ShareCapital 2023-05-31 10758888 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 10758888 frs-core:CurrentFinancialInstruments 7 2023-05-31
Registered number: 10758888
Berkida Ventures Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10758888
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 12,637 (3 )
12,637 (3 )
CURRENT ASSETS
Debtors 6 104,699 -
Cash at bank and in hand 95,502 40,286
200,201 40,286
Creditors: Amounts Falling Due Within One Year 7 (74,579 ) (2,677 )
NET CURRENT ASSETS (LIABILITIES) 125,622 37,609
TOTAL ASSETS LESS CURRENT LIABILITIES 138,259 37,606
NET ASSETS 138,259 37,606
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 138,159 37,506
SHAREHOLDERS' FUNDS 138,259 37,606
Page 1
Page 2
For the year ending 31 May 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 Massimo Marinelli
Director
25/02/2025
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
Berkida Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10758888 . The registered office is 23 High Street, Bagshot, Surrey, GU19 5AF.
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.
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 profit and loss account over its estimated economic life of .... 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 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:
Plant & Machinery 25%
Fixtures & Fittings 33.3%
Computer Equipment 25%
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 June 2023 2,269
As at 31 May 2024 2,269
Amortisation
As at 1 June 2023 2,269
As at 31 May 2024 2,269
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 -
Page 3
Page 4
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 2,429 - (1,209 ) 1,220
Additions 2,885 11,639 - 14,524
As at 31 May 2024 5,314 11,639 (1,209 ) 15,744
Depreciation
As at 1 June 2023 1,374 - (151 ) 1,223
Provided during the period 267 1,617 - 1,884
As at 31 May 2024 1,641 1,617 (151 ) 3,107
Net Book Value
As at 31 May 2024 3,673 10,022 (1,058 ) 12,637
As at 1 June 2023 1,055 - (1,058 ) (3 )
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 101,830 -
Other debtors 2,869 -
104,699 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 231 1
Corporation tax 60,191 1,456
VAT 12,428 -
Other creditors - Pension 27 -
Accruals and deferred income 1,700 480
Directors' loan accounts 2 740
74,579 2,677
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4