Acorah Software Products - Accounts Production 16.5.460 false true true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 08362131 Mr Yaniv Barashi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08362131 2024-04-30 08362131 2025-04-30 08362131 2024-05-01 2025-04-30 08362131 frs-core:CurrentFinancialInstruments 2025-04-30 08362131 frs-core:Non-currentFinancialInstruments 2025-04-30 08362131 frs-core:FurnitureFittings 2025-04-30 08362131 frs-core:FurnitureFittings 2024-05-01 2025-04-30 08362131 frs-core:FurnitureFittings 2024-04-30 08362131 frs-core:MotorVehicles 2025-04-30 08362131 frs-core:MotorVehicles 2024-05-01 2025-04-30 08362131 frs-core:MotorVehicles 2024-04-30 08362131 frs-core:ShareCapital 2025-04-30 08362131 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 08362131 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 08362131 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 08362131 frs-bus:SmallEntities 2024-05-01 2025-04-30 08362131 frs-bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 08362131 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 08362131 frs-bus:Director1 2024-05-01 2025-04-30 08362131 frs-countries:EnglandWales 2024-05-01 2025-04-30 08362131 2023-04-30 08362131 2024-04-30 08362131 2023-05-01 2024-04-30 08362131 frs-core:CurrentFinancialInstruments 2024-04-30 08362131 frs-core:Non-currentFinancialInstruments 2024-04-30 08362131 frs-core:ShareCapital 2024-04-30 08362131 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 08362131
Novellino London Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Brindley Goldstein Limited
103 High Street
Waltham Cross
EN8 7AN
Novellino London Ltd
Contents
Contents

| Page
--- | ---
Accountants' Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—6

Page 1
Novellino London Ltd
Accountants' Report
For The Year Ended 30 April 2025
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Novellino London Ltd for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Novellino London Ltd for the year ended 30 April 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of Novellino London Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Novellino London Ltd and state those matters that we have agreed to state to the director of Novellino London Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Novellino London Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that Novellino London Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Novellino London Ltd . You consider that Novellino London Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Novellino London Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Brindley Goldstein Ltd
13th October 2025

Brindley Goldstein Limited
103 High Street
Waltham Cross
EN8 7AN
Page 1
Page 2
Novellino London Ltd
Balance Sheet
As At 30 April 2025
Balance Sheet
Registered number: 08362131

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 22,551 |  | 27,613
|  |  | 22,551 |  | 27,613
CURRENT ASSETS
Stocks | 5 | 930 |  | 4,950 |
Cash at bank and in hand |  | 23,247 |  | 39,741 |
|  | 24,177 |  | 44,691 |
Creditors: Amounts Falling Due Within One Year | 6 | (53,720 ) |  | (61,166 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (29,543 ) |  | (16,475 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (6,992 ) |  | 11,138
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (29,161 ) |  | (35,857 )
NET LIABILITIES |  |  | (36,153 ) |  | (24,719 )
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | (36,253 ) |  | (24,819 )
SHAREHOLDERS' FUNDS |  |  | (36,153) |  | (24,719)

Page 2
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Novellino London Ltd
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 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 Yaniv Barashi Director
13th October 2025

The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Novellino London Ltd
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Novellino London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08362131 . The registered office is Brindley Goldstein Ltd, 103 High Street, Waltham Cross, EN8 7AN.
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. Going Concern Disclosure
The director, having considered the net liability position of the company and made due enquiries, continues to adopt the going
concern basis in preparing the financial statements as he will support the company and believe the company will continue in
operation for the foreseeable future.
2.3. 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.
2.4. 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 | 20% straight line
Fixtures & Fittings | 10% straight line

2.5. 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.
2.6. 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.
...CONTINUED
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Novellino London Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.6. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2024: 12)
13 12
4. Tangible Assets

| Motor Vehicles | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 May 2024 | 537 | 58,020 | 58,557
As at 30 April 2025 | 537 | 58,020 | 58,557
Depreciation
As at 1 May 2024 | 9 | 30,935 | 30,944
Provided during the period | 107 | 4,955 | 5,062
As at 30 April 2025 | 116 | 35,890 | 36,006
Net Book Value
As at 30 April 2025 | 421 | 22,130 | 22,551
As at 1 May 2024 | 528 | 27,085 | 27,613

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 930 |  | 4,950

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 3,975 |  | 18,989
Bank loans and overdrafts | 6,599 |  | 6,419
Corporation tax | 21,084 |  | 19,386
Other taxes and social security | 1,228 |  | 1,298
VAT | 15,834 |  | 10,074
Other creditors | 5,000 |  | 5,000
| 53,720 |  | 61,166

7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 29,161 |  | 35,857

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Novellino London Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

9. Related Party Transactions
The company was under the control of Mr Y. Barashi throughout the year. Mr Y. Barashi is personally interested in 10% of the
company's share capital, Mr D Shaked is personally interested in 45% of the company's share capital and Mr N.Bitton is
personally interested in 45% of the company's share capial. Mr Y.Barashi waived his rights to his dividend. Mr D.Shaked
received dividends of £51,000 ( 2024 £53,000 ) and Mr N.Bitton received dividends of £28,000 ( 2024 £52,000 ) and waived his rights to dividends of £23,000 ( 2024 £1,000 ).
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