Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 09308588 Mr Heinz Rademacher Mr Beate Rademacher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09308588 2023-11-30 09308588 2024-11-30 09308588 2023-12-01 2024-11-30 09308588 frs-core:CurrentFinancialInstruments 2024-11-30 09308588 frs-core:OtherReservesSubtotal 2024-11-30 09308588 frs-core:RevaluationReserve 2023-11-30 09308588 frs-core:RevaluationReserve 2024-11-30 09308588 frs-core:ShareCapital 2024-11-30 09308588 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 09308588 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09308588 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 09308588 frs-bus:SmallEntities 2023-12-01 2024-11-30 09308588 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09308588 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09308588 frs-bus:Director1 2023-12-01 2024-11-30 09308588 frs-bus:Director1 2023-11-30 09308588 frs-bus:Director1 2024-11-30 09308588 frs-bus:Director2 2023-12-01 2024-11-30 09308588 frs-core:CurrentFinancialInstruments 1 2024-11-30 09308588 frs-countries:EnglandWales 2023-12-01 2024-11-30 09308588 2022-11-30 09308588 2023-11-30 09308588 2022-12-01 2023-11-30 09308588 frs-core:CurrentFinancialInstruments 2023-11-30 09308588 frs-core:OtherReservesSubtotal 2023-11-30 09308588 frs-core:RevaluationReserve 2023-11-30 09308588 frs-core:ShareCapital 2023-11-30 09308588 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09308588 frs-core:CurrentFinancialInstruments 1 2023-11-30
Registered number: 09308588
Vitacare - Europe Limited
Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09308588
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 12,210 12,210
Debtors 5 164,047 142,766
Cash at bank and in hand 2,261 1,669
178,518 156,645
Creditors: Amounts Falling Due Within One Year 6 23,856 16,815
NET CURRENT ASSETS (LIABILITIES) 202,374 173,460
TOTAL ASSETS LESS CURRENT LIABILITIES 202,374 173,460
NET ASSETS 202,374 173,460
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Revaluation reserve 9 220 220
Other reserves 155,444 150,296
Profit and Loss Account 45,710 21,944
SHAREHOLDERS' FUNDS 202,374 173,460
For the year ending 30 November 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 Heinz Rademacher
Director
25/06/2025
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
Vitacare - Europe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09308588 . The registered office is 22 Cheriton Gardens, Folkestone, Kent, CT20 2AS.
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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 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.
Page 2
Page 3
3. Average Number of Employees
2Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Stocks
2024 2023
£ £
Stock 12,210 12,210
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,238 11,238
Security Deposits 100 100
VAT - 258
Directors' loan accounts 152,709 131,170
164,047 142,766
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (94 ) (99 )
Corporation tax (23,762 ) (16,716 )
(23,856 ) (16,815 )
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2023 Amounts advanced Amounts repaid Amounts written off As at 30 November 2024
£ £ £ £ £
Mr Heinz Rademacher 131,170 - - - -
The above loan is unsecured, interest free and repayable on demand.
9. Reserves
Revaluation Reserve
£
As at 1 December 2023 220
As at 30 November 2024 220
Page 3