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 11383693 Miss Shrishti Lohia Mr Aquilo Maschio De Souza iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11383693 2023-05-31 11383693 2024-05-31 11383693 2023-06-01 2024-05-31 11383693 frs-core:CurrentFinancialInstruments 2024-05-31 11383693 frs-core:ComputerEquipment 2024-05-31 11383693 frs-core:ComputerEquipment 2023-06-01 2024-05-31 11383693 frs-core:ComputerEquipment 2023-05-31 11383693 frs-core:PlantMachinery 2024-05-31 11383693 frs-core:PlantMachinery 2023-06-01 2024-05-31 11383693 frs-core:PlantMachinery 2023-05-31 11383693 frs-core:ShareCapital 2024-05-31 11383693 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11383693 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11383693 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11383693 frs-bus:SmallEntities 2023-06-01 2024-05-31 11383693 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11383693 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11383693 frs-bus:Director1 2023-06-01 2024-05-31 11383693 frs-bus:Director2 2023-06-01 2024-05-31 11383693 frs-countries:EnglandWales 2023-06-01 2024-05-31 11383693 2022-05-31 11383693 2023-05-31 11383693 2022-06-01 2023-05-31 11383693 frs-core:CurrentFinancialInstruments 2023-05-31 11383693 frs-core:ShareCapital 2023-05-31 11383693 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11383693
Victorian 925 Silver Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Rodliffe Accounting Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11383693
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,902 5,144
3,902 5,144
CURRENT ASSETS
Stocks 5 2,500 4,500
Debtors 6 174,973 25,791
Cash at bank and in hand 16,136 34,964
193,609 65,255
Creditors: Amounts Falling Due Within One Year 7 (191,667 ) (84,700 )
NET CURRENT ASSETS (LIABILITIES) 1,942 (19,445 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,844 (14,301 )
NET ASSETS/(LIABILITIES) 5,844 (14,301 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 5,744 (14,401 )
SHAREHOLDERS' FUNDS 5,844 (14,301)
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 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 Aquilo Maschio De Souza
Director
20/06/2025
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
Victorian 925 Silver Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11383693 . The registered office is 70c Clarence Road, London, N22 8PL.
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:
Plant & Machinery 25% SLM
Computer Equipment 25% SLM
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 1,100 9,088 10,188
Additions 16 915 931
As at 31 May 2024 1,116 10,003 11,119
Depreciation
As at 1 June 2023 533 4,511 5,044
Provided during the period 204 1,969 2,173
As at 31 May 2024 737 6,480 7,217
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 May 2024 379 3,523 3,902
As at 1 June 2023 567 4,577 5,144
5. Stocks
2024 2023
£ £
Stock 2,500 4,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 10,033 558
Other debtors 164,940 25,233
174,973 25,791
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 109,276 42,872
Bank loans and overdrafts 858 -
Other creditors 79,702 39,997
Taxation and social security 1,831 1,831
191,667 84,700
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3