Acorah Software Products - Accounts Production 16.3.350 false true false 15 November 2023 30 November 2024 30 November 2024 15286886 Mr Alexander Garnham Mr Oliver Garnham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15286886 2023-11-14 15286886 2024-11-30 15286886 2023-11-15 2024-11-30 15286886 frs-core:CurrentFinancialInstruments 2024-11-30 15286886 frs-core:ComputerEquipment 2024-11-30 15286886 frs-core:ComputerEquipment 2023-11-15 2024-11-30 15286886 frs-core:ComputerEquipment 2023-11-14 15286886 frs-core:PlantMachinery 2024-11-30 15286886 frs-core:PlantMachinery 2023-11-15 2024-11-30 15286886 frs-core:PlantMachinery 2023-11-14 15286886 frs-core:ShareCapital 2024-11-30 15286886 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 15286886 frs-bus:PrivateLimitedCompanyLtd 2023-11-15 2024-11-30 15286886 frs-bus:FilletedAccounts 2023-11-15 2024-11-30 15286886 frs-bus:SmallEntities 2023-11-15 2024-11-30 15286886 frs-bus:AuditExempt-NoAccountantsReport 2023-11-15 2024-11-30 15286886 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-15 2024-11-30 15286886 frs-bus:Director1 2023-11-15 2024-11-30 15286886 frs-bus:Director2 2023-11-15 2024-11-30 15286886 frs-core:CurrentFinancialInstruments 1 2024-11-30 15286886 frs-countries:EnglandWales 2023-11-15 2024-11-30
Registered number: 15286886
Veri Construction Ltd
Unaudited Financial Statements
For the Period 15 November 2023 to 30 November 2024
H & E Johnson
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15286886
30 November 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 10,042
10,042
CURRENT ASSETS
Stocks 5 107,000
Debtors 6 176,973
Cash at bank and in hand 130,155
414,128
Creditors: Amounts Falling Due Within One Year 7 (125,858 )
NET CURRENT ASSETS (LIABILITIES) 288,270
TOTAL ASSETS LESS CURRENT LIABILITIES 298,312
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,511 )
NET ASSETS 295,801
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account 295,701
SHAREHOLDERS' FUNDS 295,801
Page 1
Page 2
For the period 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 Alexander Garnham
Director
21/07/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Veri Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15286886 . The registered office is 124 City Road, London, EC1V 2NX.
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. 
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%
Computer Equipment 25%
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.
2.5. Taxation
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 period, 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.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 15 November 2023 - - -
Additions 11,042 2,201 13,243
As at 30 November 2024 11,042 2,201 13,243
Depreciation
As at 15 November 2023 - - -
Provided during the period 2,761 440 3,201
As at 30 November 2024 2,761 440 3,201
Net Book Value
As at 30 November 2024 8,281 1,761 10,042
As at 15 November 2023 - - -
5. Stocks
30 November 2024
£
Work in progress 107,000
6. Debtors
30 November 2024
£
Due within one year
Trade debtors 135,443
CIS suffered 24,649
VAT 16,881
176,973
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
30 November 2024
£
Trade creditors 2,120
Corporation tax 97,866
Pension creditor 37
Accrued expenses 1,000
Directors' loan accounts 24,835
125,858
8. Share Capital
30 November 2024
£
Allotted, Called up and fully paid 100
Page 5