Acorah Software Products - Accounts Production 16.6.920 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 05756239 Mr Robin Dallison iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05756239 2024-03-31 05756239 2025-03-31 05756239 2024-04-01 2025-03-31 05756239 frs-core:CurrentFinancialInstruments 2025-03-31 05756239 frs-core:Non-currentFinancialInstruments 2025-03-31 05756239 frs-core:FurnitureFittings 2025-03-31 05756239 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05756239 frs-core:FurnitureFittings 2024-03-31 05756239 frs-core:MotorVehicles 2025-03-31 05756239 frs-core:MotorVehicles 2024-04-01 2025-03-31 05756239 frs-core:MotorVehicles 2024-03-31 05756239 frs-core:WithinOneYear 2025-03-31 05756239 frs-core:ShareCapital 2025-03-31 05756239 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05756239 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05756239 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05756239 frs-bus:SmallEntities 2024-04-01 2025-03-31 05756239 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05756239 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05756239 frs-bus:Director1 2024-04-01 2025-03-31 05756239 frs-countries:EnglandWales 2024-04-01 2025-03-31 05756239 2023-03-31 05756239 2024-03-31 05756239 2023-04-01 2024-03-31 05756239 frs-core:CurrentFinancialInstruments 2024-03-31 05756239 frs-core:Non-currentFinancialInstruments 2024-03-31 05756239 frs-core:WithinOneYear 2024-03-31 05756239 frs-core:ShareCapital 2024-03-31 05756239 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05756239
Vision Promotions Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
CSM Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05756239
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,143 9,016
6,143 9,016
CURRENT ASSETS
Debtors 5 13,727 14,325
Cash at bank and in hand 2,007 3,007
15,734 17,332
Creditors: Amounts Falling Due Within One Year 6 (13,114 ) (18,244 )
NET CURRENT ASSETS (LIABILITIES) 2,620 (912 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,763 8,104
Creditors: Amounts Falling Due After More Than One Year 7 (7,344 ) (7,565 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,200 ) -
NET ASSETS 219 539
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 119 439
SHAREHOLDERS' FUNDS 219 539
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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 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 Robin Dallison
Director
11/11/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Vision Promotions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05756239 . The registered office is Vision Music Promotion The Fold Space, 20 Clyde Terrace, Forest Hill, London, SE23 3BA.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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  from the rendering of services, mainly promotion and marketing. 
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% reducing balance
Fixtures & Fittings 25% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 15,000 23,631 38,631
Disposals (15,000 ) - (15,000 )
As at 31 March 2025 - 23,631 23,631
Depreciation
As at 1 April 2024 14,175 15,440 29,615
Provided during the period - 2,048 2,048
Disposals (14,175 ) - (14,175 )
As at 31 March 2025 - 17,488 17,488
Net Book Value
As at 31 March 2025 - 6,143 6,143
As at 1 April 2024 825 8,191 9,016
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 13,727 14,325
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,498 2,215
Bank loans and overdrafts 2,773 5,324
Other creditors - 1,755
Taxation and social security 8,843 8,950
13,114 18,244
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 7,344 7,565
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 260 1,301
260 1,301
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9. Directors Advances, Credits and Guarantees
Included within debtors is £13,727 (2024: £14,325) owed by the director. 
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