Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11594206 Mrs Danielle Baker Mr Russell Baker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11594206 2023-09-30 11594206 2024-09-30 11594206 2023-10-01 2024-09-30 11594206 frs-core:CurrentFinancialInstruments 2024-09-30 11594206 frs-core:ShareCapital 2024-09-30 11594206 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11594206 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11594206 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11594206 frs-bus:SmallEntities 2023-10-01 2024-09-30 11594206 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11594206 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11594206 frs-bus:Director1 2023-10-01 2024-09-30 11594206 frs-bus:Director1 2023-09-30 11594206 frs-bus:Director1 2024-09-30 11594206 frs-bus:Director2 2023-10-01 2024-09-30 11594206 frs-countries:EnglandWales 2023-10-01 2024-09-30 11594206 2022-09-30 11594206 2023-09-30 11594206 2022-10-01 2023-09-30 11594206 frs-core:CurrentFinancialInstruments 2023-09-30 11594206 frs-core:ShareCapital 2023-09-30 11594206 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11594206
VPM New Forest Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Davis & Co Accountants
Jon Dowdeswell F M A A T
Brinkley Middle Road
Tiptoe
Lymington
SO41 6FX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11594206
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 19,443 24,419
Cash at bank and in hand 15,569 11,098
35,012 35,517
Creditors: Amounts Falling Due Within One Year 5 (27,604 ) (21,416 )
NET CURRENT ASSETS (LIABILITIES) 7,408 14,101
TOTAL ASSETS LESS CURRENT LIABILITIES 7,408 14,101
NET ASSETS 7,408 14,101
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 7,308 14,001
SHAREHOLDERS' FUNDS 7,408 14,101
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For the year ending 30 September 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
Mr Russell Baker
Director
19th May 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
VPM New Forest Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11594206 . The registered office is Brinkley, Middle Road, Tiptoe, Lymington, Hampshire, SO41 6FX.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. 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 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 19,443 24,419
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 14,703 16,982
Other creditors 1,116 -
Taxation and social security 11,785 4,434
27,604 21,416
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Russell Baker 24,419 - 4,566 - 19,853
The above loan is unsecured, interest free and repayable on demand.
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