Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 12876787 Mr I W MacVicar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12876787 2024-03-31 12876787 2025-03-31 12876787 2024-04-01 2025-03-31 12876787 frs-core:CurrentFinancialInstruments 2025-03-31 12876787 frs-core:Non-currentFinancialInstruments 2025-03-31 12876787 frs-core:ComputerEquipment 2025-03-31 12876787 frs-core:ComputerEquipment 2024-04-01 2025-03-31 12876787 frs-core:ComputerEquipment 2024-03-31 12876787 frs-core:FurnitureFittings 2025-03-31 12876787 frs-core:FurnitureFittings 2024-04-01 2025-03-31 12876787 frs-core:FurnitureFittings 2024-03-31 12876787 frs-core:NetGoodwill 2025-03-31 12876787 frs-core:NetGoodwill 2024-04-01 2025-03-31 12876787 frs-core:NetGoodwill 2024-03-31 12876787 frs-core:MotorVehicles 2025-03-31 12876787 frs-core:MotorVehicles 2024-04-01 2025-03-31 12876787 frs-core:MotorVehicles 2024-03-31 12876787 frs-core:PlantMachinery 2025-03-31 12876787 frs-core:PlantMachinery 2024-04-01 2025-03-31 12876787 frs-core:PlantMachinery 2024-03-31 12876787 frs-core:ShareCapital 2025-03-31 12876787 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 12876787 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12876787 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 12876787 frs-bus:SmallEntities 2024-04-01 2025-03-31 12876787 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12876787 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12876787 frs-bus:Director1 2024-04-01 2025-03-31 12876787 frs-countries:EnglandWales 2024-04-01 2025-03-31 12876787 2023-03-31 12876787 2024-03-31 12876787 2023-04-01 2024-03-31 12876787 frs-core:CurrentFinancialInstruments 2024-03-31 12876787 frs-core:Non-currentFinancialInstruments 2024-03-31 12876787 frs-core:ShareCapital 2024-03-31 12876787 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 12876787
V and C Engineering Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
V and C Engineering Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
V and C Engineering Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 12876787

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 652 |  | 986
Tangible Assets | 5 |  | 21,119 |  | 21,915
|  |  | 21,771 |  | 22,901
CURRENT ASSETS
Stocks | 6 | 17,014 |  | 20,465 |
Debtors | 7 | 15,094 |  | 14,315 |
Cash at bank and in hand |  | 23,145 |  | 27,146 |
|  | 55,253 |  | 61,926 |
Creditors: Amounts Falling Due Within One Year | 8 | (64,553 ) |  | (21,025 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (9,300 ) |  | 40,901
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 12,471 |  | 63,802
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (30,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (3,738 ) |  | (3,829 )
NET ASSETS |  |  | 8,733 |  | 29,973
CAPITAL AND RESERVES
Called up share capital | 10 |  | 103 |  | 103
Profit and Loss Account |  |  | 8,630 |  | 29,870
SHAREHOLDERS' FUNDS |  |  | 8,733 |  | 29,973

Page 1
Page 2
V and C Engineering Ltd
Balance Sheet (continued)
As At 31 March 2025
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 I W MacVicar Director
22/12/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
V and C Engineering Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
V and C Engineering Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12876787 . The registered office is The Old School, Llandderfel, Bala, LL23 7HW.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
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:

Plant & Machinery | 10% on cost
Motor Vehicles | 15% on cost
Fixtures & Fittings | 25% on cost
Computer Equipment | 25% on cost

During the year, the company reviewed the depreciation method applied to its asset classes. Following this review, the company has changed the depreciation method from the reducing balance method to the straight-line method, with effect from 1 April 2024. The percentage rates of depreciation have remained unchanged.
The directors believe that the straight-line method more accurately reflects the pattern in which the future economic benefits of the assets are expected to be consumed, in line with the requirements of FRS 102.
This change represents a change in accounting estimate under FRS 102. As such, the change has been accounted for prospectively, and prior year figures have not been restated.
The effect of this change in the current year was to increase the depreciation charge by £834, and accordingly decrease profit before tax by £834.
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. 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.
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Page 4
V and C Engineering Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.7. 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: 3 (2024: 3)
3 3
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 April 2024 | 1,667
As at 31 March 2025 | 1,667
Amortisation
As at 1 April 2024 | 681
Provided during the period | 334
As at 31 March 2025 | 1,015
Net Book Value
As at 31 March 2025 | 652
As at 1 April 2024 | 986

5. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 1 April 2024 | 18,240 | 7,795 | 262 | 1,786 | 28,083
Additions | 3,706 | - | - | - | 3,706
As at 31 March 2025 | 21,946 | 7,795 | 262 | 1,786 | 31,789

...CONTINUED
Page 4
Page 5
V and C Engineering Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024 | 4,442 | 1,080 | 112 | 534 | 6,168
Provided during the period | 2,528 | 1,355 | 81 | 538 | 4,502
As at 31 March 2025 | 6,970 | 2,435 | 193 | 1,072 | 10,670
Net Book Value
As at 31 March 2025 | 14,976 | 5,360 | 69 | 714 | 21,119
As at 1 April 2024 | 13,798 | 6,715 | 150 | 1,252 | 21,915

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 17,014 |  | 20,465

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 12,830 |  | 11,826
Other debtors | 2,264 |  | 2,489
| 15,094 |  | 14,315

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 697 |  | 569
Other creditors | 54,837 |  | 9,899
Taxation and social security | 9,019 |  | 10,557
| 64,553 |  | 21,025

Included in other creditors is a balance of £54,031 (2024: £37,054) owed to the director, Mr I W MacVicar. This balance is interest-free and repayable on demand.
9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | - |  | 30,000

Included in other creditors is a balance of £ NIL (2024: £30,000) owed to the director, Mr I W MacVicar. This balance is interest-free and repayable not less than one year from the balance sheet date.
10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 103 |  | 103

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