Acorah Software Products - Accounts Production 16.2.850 false true 30 June 2024 14 June 2023 false 1 July 2024 31 January 2025 31 January 2025 14934859 Mr Matthew Pearson Mr William Burdett Mr Charles Metcalfe Mr Jonathan Tait iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14934859 2024-06-30 14934859 2025-01-31 14934859 2024-07-01 2025-01-31 14934859 frs-core:CurrentFinancialInstruments 2025-01-31 14934859 frs-core:ComputerEquipment 2025-01-31 14934859 frs-core:ComputerEquipment 2024-07-01 2025-01-31 14934859 frs-core:ComputerEquipment 2024-06-30 14934859 frs-core:FurnitureFittings 2025-01-31 14934859 frs-core:FurnitureFittings 2024-07-01 2025-01-31 14934859 frs-core:FurnitureFittings 2024-06-30 14934859 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-31 14934859 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-01 2025-01-31 14934859 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 14934859 frs-core:PlantMachinery 2025-01-31 14934859 frs-core:PlantMachinery 2024-07-01 2025-01-31 14934859 frs-core:PlantMachinery 2024-06-30 14934859 frs-core:SharePremium 2025-01-31 14934859 frs-core:ShareCapital 2025-01-31 14934859 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 14934859 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-01-31 14934859 frs-bus:FilletedAccounts 2024-07-01 2025-01-31 14934859 frs-bus:SmallEntities 2024-07-01 2025-01-31 14934859 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-01-31 14934859 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-01-31 14934859 frs-bus:Director1 2024-07-01 2025-01-31 14934859 frs-bus:Director2 2024-07-01 2025-01-31 14934859 frs-bus:Director3 2024-07-01 2025-01-31 14934859 frs-bus:Director4 2024-07-01 2025-01-31 14934859 frs-countries:EnglandWales 2024-07-01 2025-01-31 14934859 2023-06-13 14934859 2024-06-30 14934859 2023-06-14 2024-06-30 14934859 frs-core:CurrentFinancialInstruments 2024-06-30 14934859 frs-core:SharePremium 2024-06-30 14934859 frs-core:ShareCapital 2024-06-30 14934859 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 14934859
Evice Ltd
Unaudited Financial Statements
For the Period 1 July 2024 to 31 January 2025
D S Burge and Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14934859
31 January 2025 30 June 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,189 45,683
47,189 45,683
CURRENT ASSETS
Debtors 5 68,003 70,411
Cash at bank and in hand 426,536 611,772
494,539 682,183
Creditors: Amounts Falling Due Within One Year 6 (55,449 ) (50,956 )
NET CURRENT ASSETS (LIABILITIES) 439,090 631,227
TOTAL ASSETS LESS CURRENT LIABILITIES 486,279 676,910
NET ASSETS 486,279 676,910
CAPITAL AND RESERVES
Called up share capital 7 353,888 207
Share premium account 1,399,752 1,399,752
Profit and Loss Account (1,267,361 ) (723,049 )
SHAREHOLDERS' FUNDS 486,279 676,910
Page 1
Page 2
For the period ending 31 January 2025 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 Matthew Pearson
Director
25/04/2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Evice Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14934859 . The registered office is D S Burge And Co Ltd, The Courtyard, 7 Francis Grove, London, SW19 4DW.
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:
Leasehold 10 Years
Plant & Machinery 5 Years
Fixtures & Fittings 4 Years
Computer Equipment 4 Years
2.4. 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.
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 period, 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.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 9 (2024: 9)
9 9
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2024 17,596 20,063 12,009 6,387 56,055
Additions - 5,599 1,095 1,960 8,654
As at 31 January 2025 17,596 25,662 13,104 8,347 64,709
Depreciation
As at 1 July 2024 1,760 4,013 3,002 1,597 10,372
Provided during the period 1,026 2,994 1,911 1,217 7,148
As at 31 January 2025 2,786 7,007 4,913 2,814 17,520
Net Book Value
As at 31 January 2025 14,810 18,655 8,191 5,533 47,189
As at 1 July 2024 15,836 16,050 9,007 4,790 45,683
5. Debtors
31 January 2025 30 June 2024
£ £
Due within one year
Prepayments and accrued income - 4,000
Other debtors 48,120 47,693
VAT 19,883 18,718
68,003 70,411
6. Creditors: Amounts Falling Due Within One Year
31 January 2025 30 June 2024
£ £
Trade creditors 30,046 29,253
Other taxes and social security 21,209 9,534
Net wages - 5,240
Other creditors 4,194 3,294
Directors' loan accounts - 3,635
55,449 50,956
7. Share Capital
31 January 2025 30 June 2024
£ £
Allotted, Called up and fully paid 353,888 207
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