Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 03822962 Mr Benedict Lister Mr Jonathan Stewart Mr Grant Twine Imperium Group Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03822962 2023-12-31 03822962 2024-12-31 03822962 2024-01-01 2024-12-31 03822962 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03822962 frs-core:FurnitureFittings 2024-01-01 2024-12-31 03822962 frs-core:CapitalRedemptionReserve 2024-12-31 03822962 frs-core:ShareCapital 2024-12-31 03822962 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03822962 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03822962 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 03822962 frs-bus:SmallEntities 2024-01-01 2024-12-31 03822962 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03822962 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03822962 1 2024-01-01 2024-12-31 03822962 frs-bus:Director1 2024-01-01 2024-12-31 03822962 frs-bus:Director2 2024-01-01 2024-12-31 03822962 frs-bus:Director3 2024-01-01 2024-12-31 03822962 frs-countries:EnglandWales 2024-01-01 2024-12-31 03822962 2022-12-31 03822962 2023-12-31 03822962 2023-01-01 2023-12-31 03822962 frs-core:WithinOneYear 2023-12-31 03822962 frs-core:CapitalRedemptionReserve 2023-12-31 03822962 frs-core:ShareCapital 2023-12-31 03822962 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03822962
Vicena International Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Vicena International Limited
Contents
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Vicena International Limited
Abridged Balance Sheet
As At 31 December 2024
Abridged Balance Sheet
Registered number: 03822962
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,770 4,314
3,770 4,314
CURRENT ASSETS
Debtors 260,101 1,100,387
Cash at bank and in hand 81,504 87,334
341,605 1,187,721
Creditors: Amounts Falling Due Within One Year (175,343 ) (232,694 )
NET CURRENT ASSETS (LIABILITIES) 166,262 955,027
TOTAL ASSETS LESS CURRENT LIABILITIES 170,032 959,341
NET ASSETS 170,032 959,341
CAPITAL AND RESERVES
Called up share capital 5 1,100 1,100
Capital redemption reserve 300 300
Profit and Loss Account 168,632 957,941
SHAREHOLDERS' FUNDS 170,032 959,341
Page 1
Page 2
Vicena International Limited
Abridged Balance Sheet (continued)
As At 31 December 2024
For the year ending 31 December 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Benedict Lister
Director
22/09/2025
The notes on pages 3 to 5 form part of these financial statements.
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Vicena International Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 December 2024
Notes to the Abridged Financial Statements
1. General Information
Vicena International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03822962 . The registered office is 6 East Point High Street, Seal, Sevenoaks, Kent, TN15 0EG.
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:
Fixtures & Fittings Straight line basis over 5 years
Computer Equipment Straight line basis over 3 years
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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Vicena International Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 December 2024
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 4)
1 4
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 12,624
Additions 1,574
As at 31 December 2024 14,198
Depreciation
As at 1 January 2024 8,310
Provided during the period 2,118
As at 31 December 2024 10,428
Net Book Value
As at 31 December 2024 3,770
As at 1 January 2024 4,314
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,100 1,100
6. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year - 23,378
- 23,378
7. Related Party Transactions
Page Tax Consulting LLPOwned 99% by Parent Company : Imperium Trust Company (UK) LimitedCosts were recharged to Page Tax Consulting LLP of £3,232 in year regarding salary and training recharges (2023 : £nil). Costs were oncharged by the Company to Page Tax Consulting LLP of £22,093 (2023 : £nil) relating to insurance, computer software and sundry expenses. A debtor balance was shown in the Company of £2,160 (2023 : £nil) at the year end.

Page Tax Consulting LLP

Owned 99% by Parent Company : Imperium Trust Company (UK) Limited

Costs were recharged to Page Tax Consulting LLP of £3,232 in year regarding salary and training recharges (2023 : £nil). Costs were oncharged by the Company to Page Tax Consulting LLP of £22,093 (2023 : £nil) relating to insurance, computer software and sundry expenses. A debtor balance was shown in the Company of £2,160 (2023 : £nil) at the year end.

Imperium Group Holdings LimitedUltimate Group Holding CompanyCosts were recharged to Vicena International Ltd of £14,946 in year regarding computer software and consumables and sundry expenses (2023 : £25,189). A £nil balance was shown in Vicena International Ltd (2023 : £20,427 creditor) at the year end.

Imperium Group Holdings Limited

Ultimate Group Holding Company

Costs were recharged to Vicena International Ltd of £14,946 in year regarding computer software and consumables and sundry expenses (2023 : £25,189). A £nil balance was shown in Vicena International Ltd (2023 : £20,427 creditor) at the year end.

Imperium Trust Company (UK) LimitedParent Company - owns 100% of the share capital of Vicena International LimitedCosts were recharged to Vicena International Ltd of £469,904 in year regarding salaries oncharged, computer software and consumables and sundry expenses (2023: £176,978) . Costs of £50,843 were oncharged to the Parent company in year regarding salaries, marketing, computer software and consumables and sundry expenses (net costs 2023 : £72,124). A £nil balance was shown in Vicena International Ltd (2023 : £693,710) at the year end.

Imperium Trust Company (UK) Limited

Parent Company - owns 100% of the share capital of Vicena International Limited

Costs were recharged to Vicena International Ltd of £469,904 in year regarding salaries oncharged, computer software and consumables and sundry expenses (2023: £176,978) . Costs of £50,843 were oncharged to the Parent company in year regarding salaries, marketing, computer software and consumables and sundry expenses (net costs 2023 : £72,124). A £nil balance was shown in Vicena International Ltd (2023 : £693,710) at the year end.

Imperium Tax and Accounting Limited (ITAL Ltd)Owned 100% by Parent CompanyCosts were recharged to Vicena International Ltd of £2,494 in year regarding insurance and sundry expenses (2023 : £nil ). Costs of £87,639 were oncharged to Imperium Tax and Accounting Ltd in year regarding salaries, marketing, computer software and consumables and sundry expenses (net costs 2023 : £24,523). A debtor balance was shown in Vicena International Ltd of £28,362 (2023 : £29,427) at the year end.
Page 4
Page 5
Vicena International Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 December 2024

Imperium Tax and Accounting Limited (ITAL Ltd)

Owned 100% by Parent Company

Costs were recharged to Vicena International Ltd of £2,494 in year regarding insurance and sundry expenses (2023 : £nil ). Costs of £87,639 were oncharged to Imperium Tax and Accounting Ltd in year regarding salaries, marketing, computer software and consumables and sundry expenses (net costs 2023 : £24,523). A debtor balance was shown in Vicena International Ltd of £28,362 (2023 : £29,427) at the year end.

8. Ultimate Controlling Party
The company's ultimate controlling party is Imperium Group Holdings Limited by virtue of its ownership of 100% of the issued share capital in the company.
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