Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07202551 Mr Aldo Del Bo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07202551 2024-03-31 07202551 2025-03-31 07202551 2024-04-01 2025-03-31 07202551 frs-core:CurrentFinancialInstruments 2025-03-31 07202551 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 07202551 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 07202551 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 07202551 frs-core:ShareCapital 2025-03-31 07202551 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07202551 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07202551 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07202551 frs-bus:SmallEntities 2024-04-01 2025-03-31 07202551 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07202551 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07202551 frs-core:UnlistedNon-exchangeTraded 2025-03-31 07202551 frs-core:UnlistedNon-exchangeTraded 2024-03-31 07202551 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 07202551 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 07202551 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 07202551 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 07202551 frs-bus:Director1 2024-04-01 2025-03-31 07202551 frs-countries:EnglandWales 2024-04-01 2025-03-31 07202551 2023-03-31 07202551 2024-03-31 07202551 2023-04-01 2024-03-31 07202551 frs-core:CurrentFinancialInstruments 2024-03-31 07202551 frs-core:ShareCapital 2024-03-31 07202551 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07202551
Vitzu Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07202551
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,015,573 984,208
Investments 5 331,613 331,613
2,347,186 1,315,821
CURRENT ASSETS
Debtors 6 5,701 75,536
Investments 7 1,184 1,184
Cash at bank and in hand 7,453 627,083
14,338 703,803
Creditors: Amounts Falling Due Within One Year 8 (325,000 ) -
NET CURRENT ASSETS (LIABILITIES) (310,662 ) 703,803
TOTAL ASSETS LESS CURRENT LIABILITIES 2,036,524 2,019,624
NET ASSETS 2,036,524 2,019,624
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 2,035,524 2,018,624
SHAREHOLDERS' FUNDS 2,036,524 2,019,624
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Aldo Del Bo
Director
19/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Vitzu Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07202551 . The registered office is 41 Devonshire Street, Ground Floor, London, W1G 7AJ.
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:
Leasehold NA
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 April 2024 984,208
Additions 1,031,365
As at 31 March 2025 2,015,573
Net Book Value
As at 31 March 2025 2,015,573
As at 1 April 2024 984,208
Page 3
Page 4
5. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 331,613
As at 31 March 2025 331,613
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 331,613
As at 1 April 2024 331,613
6. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 1,267 1,267
VAT 625 460
Other taxes and social security 3,809 3,809
Director's loan account - 70,000
5,701 75,536
7. Current Asset Investments
2025 2024
£ £
Short term deposits 1,184 1,184
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Director's loan account 325,000 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4