Acorah Software Products - Accounts Production 16.3.350 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 12621794 Mr Marcin Markiewicz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12621794 2023-05-31 12621794 2024-05-31 12621794 2023-06-01 2024-05-31 12621794 frs-core:CurrentFinancialInstruments 2024-05-31 12621794 frs-core:ComputerEquipment 2024-05-31 12621794 frs-core:ComputerEquipment 2023-06-01 2024-05-31 12621794 frs-core:ComputerEquipment 2023-05-31 12621794 frs-core:FurnitureFittings 2023-06-01 2024-05-31 12621794 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 12621794 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 12621794 frs-core:MotorVehicles 2023-06-01 2024-05-31 12621794 frs-core:PlantMachinery 2024-05-31 12621794 frs-core:PlantMachinery 2023-06-01 2024-05-31 12621794 frs-core:PlantMachinery 2023-05-31 12621794 frs-core:RevaluationReserve 2023-05-31 12621794 frs-core:RevaluationReserve 2024-05-31 12621794 frs-core:ShareCapital 2024-05-31 12621794 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12621794 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12621794 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 12621794 frs-bus:SmallEntities 2023-06-01 2024-05-31 12621794 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12621794 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12621794 frs-bus:Director1 2023-06-01 2024-05-31 12621794 frs-countries:EnglandWales 2023-06-01 2024-05-31 12621794 2022-05-31 12621794 2023-05-31 12621794 2022-06-01 2023-05-31 12621794 frs-core:CurrentFinancialInstruments 2023-05-31 12621794 frs-core:RevaluationReserve 2023-05-31 12621794 frs-core:ShareCapital 2023-05-31 12621794 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 12621794
Vera London Limited
Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12621794
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 183 604
183 604
CURRENT ASSETS
Debtors 5 18,290 11,970
Cash at bank and in hand 4,653 1,053
22,943 13,023
Creditors: Amounts Falling Due Within One Year 6 (21,994 ) (12,695 )
NET CURRENT ASSETS (LIABILITIES) 949 328
TOTAL ASSETS LESS CURRENT LIABILITIES 1,132 932
NET ASSETS 1,132 932
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 (28,833 ) (28,833 )
Profit and Loss Account 29,865 29,665
SHAREHOLDERS' FUNDS 1,132 932
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 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 Marcin Markiewicz
Director
13/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Vera London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12621794 . The registered office is 116 Park Road, Hounslow, London, TW3 2HB.
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:
Freehold 25% charge in year
Leasehold 25% charge in year
Plant & Machinery 25% charge in year
Motor Vehicles 25% charge in year
Fixtures & Fittings 25% charge in year
Computer Equipment 25% charge in year
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 942 740 1,682
As at 31 May 2024 942 740 1,682
Depreciation
As at 1 June 2023 708 370 1,078
Provided during the period 236 185 421
As at 31 May 2024 944 555 1,499
Net Book Value
As at 31 May 2024 (2 ) 185 183
As at 1 June 2023 234 370 604
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 18,269 11,949
Other debtors 21 21
18,290 11,970
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 725 725
Other creditors 15,500 -
Taxation and social security 5,769 11,970
21,994 12,695
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Revaluation Reserve
£
As at 1 June 2023 (28,833 )
As at 31 May 2024 (28,833 )
Page 3