Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 11600235 Mrs Rebecca Farrer Mr Thomas Farrer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11600235 2023-10-31 11600235 2024-10-31 11600235 2023-11-01 2024-10-31 11600235 frs-core:CurrentFinancialInstruments 2024-10-31 11600235 frs-core:Non-currentFinancialInstruments 2024-10-31 11600235 frs-core:MoreThanFiveYears 2024-10-31 11600235 frs-core:MotorVehicles 2024-10-31 11600235 frs-core:MotorVehicles 2023-11-01 2024-10-31 11600235 frs-core:MotorVehicles 2023-10-31 11600235 frs-core:WithinOneYear 2024-10-31 11600235 frs-core:ShareCapital 2024-10-31 11600235 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11600235 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11600235 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 11600235 frs-bus:SmallEntities 2023-11-01 2024-10-31 11600235 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 11600235 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11600235 frs-bus:Director1 2023-11-01 2024-10-31 11600235 frs-bus:Director2 2023-11-01 2024-10-31 11600235 frs-countries:EnglandWales 2023-11-01 2024-10-31 11600235 2022-10-31 11600235 2023-10-31 11600235 2022-11-01 2023-10-31 11600235 frs-core:CurrentFinancialInstruments 2023-10-31 11600235 frs-core:Non-currentFinancialInstruments 2023-10-31 11600235 frs-core:MoreThanFiveYears 2023-10-31 11600235 frs-core:WithinOneYear 2023-10-31 11600235 frs-core:ShareCapital 2023-10-31 11600235 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 11600235
VEGA LONDON LIMITED
Unaudited Financial Statements
For The Year Ended 31 October 2024
HGA ACCOUNTANTS & FINANCIAL CONSULTANTS LIMITED
Chartered Certified Accountants
Suite 2A, 7th Floor
City Reach, 5 Greenwich View Place
London
E14 9NN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11600235
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 88,341 103,931
88,341 103,931
CURRENT ASSETS
Debtors 5 6,800 5,779
Cash at bank and in hand 18,877 19,261
25,677 25,040
Creditors: Amounts Falling Due Within One Year 6 (11,821 ) (14,321 )
NET CURRENT ASSETS (LIABILITIES) 13,856 10,719
TOTAL ASSETS LESS CURRENT LIABILITIES 102,197 114,650
Creditors: Amounts Falling Due After More Than One Year 7 (78,365 ) (87,186 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,232 ) (23,232 )
NET ASSETS 600 4,232
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 599 4,231
SHAREHOLDERS' FUNDS 600 4,232
Page 1
Page 2
For the year ending 31 October 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
Mrs Rebecca Farrer
Director
29 August 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
VEGA LONDON LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 11600235 . The registered office is Suite 2A, 7th Floor City Reach, 5 Greenwich View Place, London, E14 9NN.
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:
Motor Vehicles 15% PA on reducing balance method
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 November 2023 143,849
As at 31 October 2024 143,849
Depreciation
As at 1 November 2023 39,918
Provided during the period 15,590
As at 31 October 2024 55,508
Net Book Value
As at 31 October 2024 88,341
As at 1 November 2023 103,931
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 800 5,347
Other debtors 6,000 432
6,800 5,779
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,821 8,821
Other creditors 3,000 5,500
11,821 14,321
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 78,365 87,186
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,821 8,821
Later than five years 78,365 87,186
87,186 96,007
87,186 96,007
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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