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Registered number: 06032865
Evita Design Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06032865
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 90,413 106,368
90,413 106,368
CURRENT ASSETS
Stocks 147,650 175,555
Debtors 5 1,096,809 1,219,572
Cash at bank and in hand 48,983 36,547
1,293,442 1,431,674
Creditors: Amounts Falling Due Within One Year 6 (1,256,519 ) (1,287,240 )
NET CURRENT ASSETS (LIABILITIES) 36,923 144,434
TOTAL ASSETS LESS CURRENT LIABILITIES 127,336 250,802
Creditors: Amounts Falling Due After More Than One Year 7 (60,000 ) (190,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,603 ) (26,637 )
NET ASSETS 44,733 34,165
CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Profit and Loss Account 42,733 32,165
SHAREHOLDERS' FUNDS 44,733 34,165
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 members have 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 Atif Tariq Ali
Director
3 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Evita Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06032865 . The registered office is 11 Euston Street, Leicester, LE2 7ST.
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.
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:
Plant & Machinery 15% reducing balance
2.4. 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.
2.5. 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.
2.6. 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 year 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.
...CONTINUED
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2.6. Taxation - continued
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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 14)
13 14
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 384,689
As at 31 March 2025 384,689
Depreciation
As at 1 April 2024 278,321
Provided during the period 15,955
As at 31 March 2025 294,276
Net Book Value
As at 31 March 2025 90,413
As at 1 April 2024 106,368
Page 4
Page 5
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 917,107 801,658
Other debtors - 4,688
917,107 806,346
Due after more than one year
Other debtors 43,000 83,000
Amounts owed by group undertakings 136,702 330,226
179,702 413,226
1,096,809 1,219,572
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 874,499 943,018
Bank loans and overdrafts 120,098 120,000
Corporation tax 174,943 119,026
Other taxes and social security 71,546 86,033
Other creditors 15,433 19,163
1,256,519 1,287,240
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 60,000 190,000
8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 180,000 310,000
9. Ultimate Parent Undertaking and Controlling Party
The company's parent undertaking is Evita Investments Limited, a company incorporated in England & Wales.
Page 5