Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 January 2023 false 1 April 2024 31 March 2025 31 March 2025 12719158 Mr Martin Baumber Mrs Danielle George iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12719158 2024-03-31 12719158 2025-03-31 12719158 2024-04-01 2025-03-31 12719158 frs-core:CurrentFinancialInstruments 2025-03-31 12719158 frs-core:ComputerEquipment 2025-03-31 12719158 frs-core:ComputerEquipment 2024-04-01 2025-03-31 12719158 frs-core:ComputerEquipment 2024-03-31 12719158 frs-core:FurnitureFittings 2025-03-31 12719158 frs-core:FurnitureFittings 2024-04-01 2025-03-31 12719158 frs-core:FurnitureFittings 2024-03-31 12719158 frs-core:MotorVehicles 2025-03-31 12719158 frs-core:MotorVehicles 2024-04-01 2025-03-31 12719158 frs-core:MotorVehicles 2024-03-31 12719158 frs-core:ShareCapital 2025-03-31 12719158 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 12719158 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12719158 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 12719158 frs-bus:SmallEntities 2024-04-01 2025-03-31 12719158 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12719158 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12719158 frs-bus:Director1 2024-04-01 2025-03-31 12719158 frs-bus:Director2 2024-04-01 2025-03-31 12719158 frs-countries:EnglandWales 2024-04-01 2025-03-31 12719158 2022-12-31 12719158 2024-03-31 12719158 2023-01-01 2024-03-31 12719158 frs-core:CurrentFinancialInstruments 2024-03-31 12719158 frs-core:ShareCapital 2024-03-31 12719158 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 12719158
Vortex Optics International Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12719158
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,570 44,030
35,570 44,030
CURRENT ASSETS
Debtors 5 9,936 31,994
Cash at bank and in hand 95,310 67,875
105,246 99,869
Creditors: Amounts Falling Due Within One Year 6 (36,705 ) (46,722 )
NET CURRENT ASSETS (LIABILITIES) 68,541 53,147
TOTAL ASSETS LESS CURRENT LIABILITIES 104,111 97,177
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,893 ) (11,008 )
NET ASSETS 95,218 86,169
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 95,118 86,069
SHAREHOLDERS' FUNDS 95,218 86,169
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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 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 Martin Baumber
Director
19 June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Vortex Optics International Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12719158 . The registered office is 61 Barton Road, Thurston, Bury St. Edmunds, Suffolk, IP31 3PD.
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, excluding discounts, rebates, value added tax and other sales 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:
Motor Vehicles 25% on reducing balance
Equipment 25% on reducing balance
Office Equipment 33% on cost
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.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles Equipment Office Equipment Total
£ £ £ £
Cost
As at 1 April 2024 32,990 14,086 2,065 49,141
Additions - 1,648 1,557 3,205
As at 31 March 2025 32,990 15,734 3,622 52,346
Depreciation
As at 1 April 2024 - 3,973 1,138 5,111
Provided during the period 8,248 2,638 779 11,665
As at 31 March 2025 8,248 6,611 1,917 16,776
Net Book Value
As at 31 March 2025 24,742 9,123 1,705 35,570
As at 1 April 2024 32,990 10,113 927 44,030
5. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Trade debtors - 17,409
Prepayments and accrued income 6,265 6,914
Other debtors 3,571 7,571
Called up share capital not paid 100 100
9,936 31,994
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6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Trade creditors 4,000 4,000
Corporation tax 24,326 22,140
Social security & other taxes 106 34
Other creditors 7,444 7,444
Accruals & deferred income 829 8,525
Directors' loan accounts - 4,579
36,705 46,722
7. Share Capital
31 March 2025 31 March 2024
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
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