Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 13874818 Mr Brian Vince iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13874818 2024-03-31 13874818 2025-03-31 13874818 2024-04-01 2025-03-31 13874818 frs-core:CurrentFinancialInstruments 2025-03-31 13874818 frs-core:ComputerEquipment 2025-03-31 13874818 frs-core:ComputerEquipment 2024-04-01 2025-03-31 13874818 frs-core:ComputerEquipment 2024-03-31 13874818 frs-core:FurnitureFittings 2025-03-31 13874818 frs-core:FurnitureFittings 2024-04-01 2025-03-31 13874818 frs-core:FurnitureFittings 2024-03-31 13874818 frs-core:ShareCapital 2025-03-31 13874818 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 13874818 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13874818 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 13874818 frs-bus:SmallEntities 2024-04-01 2025-03-31 13874818 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13874818 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13874818 frs-bus:Director1 2024-04-01 2025-03-31 13874818 frs-countries:EnglandWales 2024-04-01 2025-03-31 13874818 2023-03-31 13874818 2024-03-31 13874818 2023-04-01 2024-03-31 13874818 frs-core:CurrentFinancialInstruments 2024-03-31 13874818 frs-core:ShareCapital 2024-03-31 13874818 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 13874818
VinceQS Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Annie Jacobs Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13874818
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,557 10,114
8,557 10,114
CURRENT ASSETS
Debtors 5 - 7,710
Cash at bank and in hand 66,203 34,919
66,203 42,629
Creditors: Amounts Falling Due Within One Year 6 (24,054 ) (34,984 )
NET CURRENT ASSETS (LIABILITIES) 42,149 7,645
TOTAL ASSETS LESS CURRENT LIABILITIES 50,706 17,759
NET ASSETS 50,706 17,759
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 50,606 17,659
SHAREHOLDERS' FUNDS 50,706 17,759
For the year ending 31 March 2025 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 Brian Vince
Director
29/04/2025
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
VinceQS Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13874818 . The registered office is 2 Hillcrest, Callow, Hereford, Herefordshire, HR2 8BZ.
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:
Fixtures & Fittings 10% on cost
Computer Equipment 33% on cost
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
Page 2
Page 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 9,667 3,957 13,624
Additions - 1,163 1,163
As at 31 March 2025 9,667 5,120 14,787
Depreciation
As at 1 April 2024 1,711 1,799 3,510
Provided during the period 1,014 1,706 2,720
As at 31 March 2025 2,725 3,505 6,230
Net Book Value
As at 31 March 2025 6,942 1,615 8,557
As at 1 April 2024 7,956 2,158 10,114
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 7,710
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) -
Corporation tax 22,704 25,458
VAT 6,019 9,526
Wastenergy LOAN (4,668 ) -
24,054 34,984
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3