Acorah Software Products - Accounts Production 16.2.850 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12718596 S Dennett K L Thompson J P Fitzherbert-Brockholes true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12718596 2023-07-31 12718596 2024-07-31 12718596 2023-08-01 2024-07-31 12718596 frs-core:CurrentFinancialInstruments 2024-07-31 12718596 frs-core:Non-currentFinancialInstruments 2024-07-31 12718596 frs-core:ComputerEquipment 2024-07-31 12718596 frs-core:ComputerEquipment 2023-08-01 2024-07-31 12718596 frs-core:ComputerEquipment 2023-07-31 12718596 frs-core:SharePremium 2024-07-31 12718596 frs-core:ShareCapital 2024-07-31 12718596 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12718596 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12718596 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12718596 frs-bus:SmallEntities 2023-08-01 2024-07-31 12718596 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12718596 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12718596 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 12718596 frs-bus:OrdinaryShareClass1 2024-07-31 12718596 1 2023-08-01 2024-07-31 12718596 frs-bus:Director1 2023-08-01 2024-07-31 12718596 frs-bus:Director2 2023-08-01 2024-07-31 12718596 frs-bus:Director3 2023-08-01 2024-07-31 12718596 frs-countries:EnglandWales 2023-08-01 2024-07-31 12718596 2022-07-31 12718596 2023-07-31 12718596 2022-08-01 2023-07-31 12718596 frs-core:CurrentFinancialInstruments 2023-07-31 12718596 frs-core:Non-currentFinancialInstruments 2023-07-31 12718596 frs-core:SharePremium 2023-07-31 12718596 frs-core:ShareCapital 2023-07-31 12718596 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12718596 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31
Registered number: 12718596
Voco Group Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Square Mile Accounting Limited
Arquen House
4-6 Spicer Street
St. Albans
AL3 4PQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12718596
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,322 686
1,322 686
CURRENT ASSETS
Debtors 5 22,953 3,204
Cash at bank and in hand 166,340 98,976
189,293 102,180
Creditors: Amounts Falling Due Within One Year 6 (61,939 ) (14,378 )
NET CURRENT ASSETS (LIABILITIES) 127,354 87,802
TOTAL ASSETS LESS CURRENT LIABILITIES 128,676 88,488
Creditors: Amounts Falling Due After More Than One Year 7 (40,000 ) (40,000 )
NET ASSETS 88,676 48,488
CAPITAL AND RESERVES
Called up share capital 8 3 2
Share premium account 717,508 442,517
Profit and Loss Account (628,835 ) (394,031 )
SHAREHOLDERS' FUNDS 88,676 48,488
Page 1
Page 2
For the year ending 31 July 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
S Dennett
Director
25th April 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
Voco Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12718596 . The registered office is Arquen House, 4-6 Spicer Street, St. Albans, Hertfordshire, AL3 4PQ.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. 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.
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.
2.4. 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:
Computer Equipment 25% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 3)
5 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2023 1,083
Additions 1,043
As at 31 July 2024 2,126
Depreciation
As at 1 August 2023 397
Provided during the period 407
As at 31 July 2024 804
Net Book Value
As at 31 July 2024 1,322
As at 1 August 2023 686
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 18,000 -
Prepayments and accrued income 3,897 -
Other debtors 1,056 3,147
Other taxes and social security - 57
22,953 3,204
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,013 2,867
Other taxes and social security 6,387 -
VAT 1,342 -
Net wages 3,555 -
Other creditors - 358
Accruals and deferred income 45,767 11,153
Directors' loan accounts 875 -
61,939 14,378
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 40,000 40,000
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,282,397 Ordinary Shares of £ 0.000002 each 3 2
During the year the following ordinary A share allotments were made:
On 18th April 2024, 80,252 Ordinary A shares of £0.000002 each were allotted as fully paid at a premium of £3.426598 per share
9. Related Party Transactions
During the year, the company owed £875 to the directors. The directors’ loan of £40,000 (£20,000 each) to the company are interest free, and there is no fixed repayment date. Repayment of the long term directors loans is subject to board approval and only eligible for consideration in line with the conditions of the underlying loan agreements.
10. Ultimate Controlling Party
The company's ultimate controlling parties are the directors.
Page 4