Acorah Software Products - Accounts Production 16.2.800 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 05891054 Mr William Howie Mr Graham Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05891054 2023-09-30 05891054 2024-09-30 05891054 2023-10-01 2024-09-30 05891054 frs-core:CurrentFinancialInstruments 2024-09-30 05891054 frs-core:Non-currentFinancialInstruments 2024-09-30 05891054 frs-core:ComputerEquipment 2024-09-30 05891054 frs-core:ComputerEquipment 2023-10-01 2024-09-30 05891054 frs-core:ComputerEquipment 2023-09-30 05891054 frs-core:MotorVehicles 2024-09-30 05891054 frs-core:MotorVehicles 2023-10-01 2024-09-30 05891054 frs-core:MotorVehicles 2023-09-30 05891054 frs-core:PlantMachinery 2024-09-30 05891054 frs-core:PlantMachinery 2023-10-01 2024-09-30 05891054 frs-core:PlantMachinery 2023-09-30 05891054 frs-core:ShareCapital 2024-09-30 05891054 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 05891054 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05891054 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 05891054 frs-bus:SmallEntities 2023-10-01 2024-09-30 05891054 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05891054 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05891054 frs-core:UnlistedNon-exchangeTraded 2024-09-30 05891054 frs-core:UnlistedNon-exchangeTraded 2023-09-30 05891054 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 05891054 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 05891054 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 05891054 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 05891054 frs-bus:Director1 2023-10-01 2024-09-30 05891054 frs-bus:Director2 2023-10-01 2024-09-30 05891054 frs-countries:EnglandWales 2023-10-01 2024-09-30 05891054 2022-09-30 05891054 2023-09-30 05891054 2022-10-01 2023-09-30 05891054 frs-core:CurrentFinancialInstruments 2023-09-30 05891054 frs-core:Non-currentFinancialInstruments 2023-09-30 05891054 frs-core:ShareCapital 2023-09-30 05891054 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 05891054
Variation Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Mirage Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05891054
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 197,698 243,906
Investments 5 50,000 50,000
247,698 293,906
CURRENT ASSETS
Debtors 6 782,354 647,584
Cash at bank and in hand 1,778,931 1,084,357
2,561,285 1,731,941
Creditors: Amounts Falling Due Within One Year 7 (1,660,165 ) (893,303 )
NET CURRENT ASSETS (LIABILITIES) 901,120 838,638
TOTAL ASSETS LESS CURRENT LIABILITIES 1,148,818 1,132,544
Creditors: Amounts Falling Due After More Than One Year 8 (115,299 ) (158,176 )
NET ASSETS 1,033,519 974,368
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 1,032,519 973,368
SHAREHOLDERS' FUNDS 1,033,519 974,368
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Page 2
For the year ending 30 September 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 William Howie
Director
Mr Graham Williams
Director
24/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Variation Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05891054 . The registered office is 26 Spinney Lane, Rabley, Welwyn, AL6 9TF.
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:
Plant & Machinery 33% on cost
Motor Vehicles 33% on cost
Computer Equipment 33% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Fixed asset investments
Fixed asset investments are recognised initially at fair value which is normally the transaction price (but excludes any transaction costs). Subsequently, they are measured at fair value through profit or loss except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably which are recognised at cost less impairment until a reliable measure of fair value becomes available. If a reliable measure of fair value is no longer available, the equity instrument’s fair value on the last date the instrument was reliably measurable is treated as the cost of the instrument.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 290,763 249,000 13,593 553,356
As at 30 September 2024 290,763 249,000 13,593 553,356
Depreciation
As at 1 October 2023 284,586 17,804 7,060 309,450
Provided during the period 6,177 35,500 4,531 46,208
As at 30 September 2024 290,763 53,304 11,591 355,658
Net Book Value
As at 30 September 2024 - 195,696 2,002 197,698
As at 1 October 2023 6,177 231,196 6,533 243,906
5. Investments
Unlisted
£
Cost
As at 1 October 2023 50,000
As at 30 September 2024 50,000
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 50,000
As at 1 October 2023 50,000
Fixed asset investments are not listed and are held at cost less impairment as fair value cannot be reliably determined.
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 343,497 208,036
Amounts owed by group undertakings 500 500
Amounts owed by participating interests 357,500 357,500
Other debtors 80,857 81,548
782,354 647,584
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,137 57,501
Other loans 42,876 37,919
Amounts owed to participating interests 665,556 -
Other creditors 742,457 712,827
Taxation and social security 204,139 85,056
1,660,165 893,303
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 115,299 158,176
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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