Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08335079 Mr F Vamosi Mr B Kertesz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08335079 2023-12-31 08335079 2024-12-31 08335079 2024-01-01 2024-12-31 08335079 frs-core:CurrentFinancialInstruments 2024-12-31 08335079 frs-core:ComputerEquipment 2024-12-31 08335079 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08335079 frs-core:ComputerEquipment 2023-12-31 08335079 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 08335079 frs-core:FurnitureFittings 2024-12-31 08335079 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08335079 frs-core:FurnitureFittings 2023-12-31 08335079 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 08335079 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08335079 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 08335079 frs-core:MotorVehicles 2024-12-31 08335079 frs-core:MotorVehicles 2024-01-01 2024-12-31 08335079 frs-core:MotorVehicles 2023-12-31 08335079 frs-core:OtherResidualIntangibleAssets 2024-12-31 08335079 frs-core:OtherResidualIntangibleAssets 2023-12-31 08335079 frs-core:PlantMachinery 2024-12-31 08335079 frs-core:PlantMachinery 2024-01-01 2024-12-31 08335079 frs-core:PlantMachinery 2023-12-31 08335079 frs-core:SharePremium 2024-12-31 08335079 frs-core:ShareCapital 2024-12-31 08335079 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08335079 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08335079 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08335079 frs-bus:SmallEntities 2024-01-01 2024-12-31 08335079 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 08335079 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08335079 frs-core:UnlistedNon-exchangeTraded 2024-12-31 08335079 frs-core:UnlistedNon-exchangeTraded 2023-12-31 08335079 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 08335079 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 08335079 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 08335079 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 08335079 frs-bus:Director1 2024-01-01 2024-12-31 08335079 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 08335079 frs-countries:EnglandWales 2024-01-01 2024-12-31 08335079 2022-12-31 08335079 2023-12-31 08335079 2023-01-01 2023-12-31 08335079 frs-core:CurrentFinancialInstruments 2023-12-31 08335079 frs-core:SharePremium 2023-12-31 08335079 frs-core:ShareCapital 2023-12-31 08335079 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08335079
Evapor Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—9
Page 1
Company Information
Director Mr F Vamosi
Secretary Mr B Kertesz
Company Number 08335079
Registered Office Evapor, Unit 7 Miners Park
Llay
Wrexham
LL12 0PQ
Accountants ERC Accountants & Business Advisers Limited
Chartered Accountants
Hanover Buildings, 11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
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Accountant's Report
Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of Evapor Ltd For The Year Ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Evapor Ltd For The Year Ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Evapor Ltd , as a body, in accordance with the terms of our engagement letter dated 11 December 2024. Our work has been undertaken solely to prepare for your approval the accounts of Evapor Ltd and state those matters that we have agreed to state to the director of Evapor Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Evapor Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that Evapor Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Evapor Ltd . You consider that Evapor Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Evapor Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
26 February 2025
ERC Accountants & Business Advisers Limited
Chartered Accountants
Hanover Buildings, 11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
Page 2
Page 3
Balance Sheet
Registered number: 08335079
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 762,412 727,844
Investments 6 686,102 686,102
1,448,514 1,413,946
CURRENT ASSETS
Stocks 7 157,000 189,000
Debtors 8 29,114 24,331
Cash at bank and in hand 174,583 253,890
360,697 467,221
Creditors: Amounts Falling Due Within One Year 9 (140,185 ) (191,570 )
NET CURRENT ASSETS (LIABILITIES) 220,512 275,651
TOTAL ASSETS LESS CURRENT LIABILITIES 1,669,026 1,689,597
PROVISIONS FOR LIABILITIES
Deferred Taxation (145,743 ) (135,077 )
NET ASSETS 1,523,283 1,554,520
CAPITAL AND RESERVES
Called up share capital 124 124
Share premium account 586,078 586,078
Profit and Loss Account 937,081 968,318
SHAREHOLDERS' FUNDS 1,523,283 1,554,520
Page 3
Page 4
For the year ending 31 December 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.
On behalf of the board
Mr F Vamosi
Director
26 February 2025
The notes on pages 5 to 8 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Evapor Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08335079 . The registered office is Evapor, Unit 7 Miners Park, Llay, Wrexham, LL12 0PQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
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. 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
The crypto currency is not amortised annually as it has an indefinite life, therefore an annual impairment review is undertaken. 
2.4. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:
Freehold Nil
Plant and machinery 25% Reducing balance
Motor vehicles 25% Reducing balance
Fixtures and fittings 25% Reducing balance
Computer equipment 25% Reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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.
2.6. 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.
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2.7. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
2.8. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 10)
9 10
4. Intangible Assets
Crypto currency
£
Cost or Valuation
As at 1 January 2024 300
As at 31 December 2024 300
Amortisation
As at 1 January 2024 300
As at 31 December 2024 300
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Freehold Plant and machinery Motor vehicles Fixtures and fittings
£ £ £ £
Cost or Valuation
As at 1 January 2024 500,000 192,632 304,345 80,215
Additions - - 51,790 -
Disposals - - - (14,371 )
Revaluation 55,000 - - -
As at 31 December 2024 555,000 192,632 356,135 65,844
Depreciation
As at 1 January 2024 - 164,674 149,765 66,706
Provided during the period - 6,989 51,593 3,018
Disposals - - - (12,932 )
As at 31 December 2024 - 171,663 201,358 56,792
...CONTINUED
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Page 7
Net Book Value
As at 31 December 2024 555,000 20,969 154,777 9,052
As at 1 January 2024 500,000 27,958 154,580 13,509
Computer equipment Total
£ £
Cost or Valuation
As at 1 January 2024 126,692 1,203,884
Additions 10,023 61,813
Disposals (51,636 ) (66,007 )
Revaluation - 55,000
As at 31 December 2024 85,079 1,254,690
Depreciation
As at 1 January 2024 94,895 476,040
Provided during the period 7,538 69,138
Disposals (39,968 ) (52,900 )
As at 31 December 2024 62,465 492,278
Net Book Value
As at 31 December 2024 22,614 762,412
As at 1 January 2024 31,797 727,844
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
6. Investments
Unlisted
£
Cost
As at 1 January 2024 686,102
As at 31 December 2024 686,102
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 686,102
As at 1 January 2024 686,102
The company owns 100% of the issued share capital of UKVapes Trading Limited, a company which was incorporated in England and Wales. 
The aggregate capital and reserves for the company are:-
2024 £251,222
2023 £264,113
Page 7
Page 8
7. Stocks
2024 2023
£ £
Stock 157,000 189,000
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,065 1,800
Prepayments and accrued income 17,049 19,399
Net wages - 3,132
29,114 24,331
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,148 1,769
Corporation tax 62,093 103,645
Other taxes and social security 3,073 3,548
VAT 19,060 27,904
Other creditors 196 214
Accruals and deferred income 1,925 1,800
Director's loan account 52,690 52,690
140,185 191,570
11. Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
12. Related Party Transactions
The following related party transactions were undertaken during the year:
Dividends were paid to the director in respect of their shareholdings totalling £82,500 (2023: £90,000)
A dividend of £100,000 was paid to Evapor Limited from UKVapes Trading Limited, a 100% owned subsidiary (2023:£Nil).
During the year a director introduced amounts totalling £Nil (2023: £Nil) and repaid amounts totalling £Nil (2023: £809). At 31st December 2023 Evapor Limited owed to its director £52,690. (2023 : £52,690)
The aggregate remuneration paid to key management personnel for the year was £15,900 (2023: £15,600)
No further transactions with related parties were undertaken such that are required to be disclosed under the Financial Reporting Standards Applicable in the UK and Republic of Ireland.
13. Profit and loss reserve account
The profit and loss reserve account records retained earnings and accumulated losses, including the revaluation reserve which records the value of asset revaluations and fair value movements on assets recognised in other comprehensive income. The profit and loss reserve account includes both distributable and non distributable as follows:
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2024
2023
£
£
Distributable profit and loss reserves 
715,160
790,731
Non-distributable profit and loss reserves
221,296
177,587
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