Acorah Software Products - Accounts Production 16.8.310 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 06813010 Mr Stuart Beech Mr Tony Burder iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06813010 2024-02-28 06813010 2025-02-28 06813010 2024-02-29 2025-02-28 06813010 frs-core:CurrentFinancialInstruments 2025-02-28 06813010 frs-core:Non-currentFinancialInstruments 2025-02-28 06813010 frs-core:BetweenOneFiveYears 2025-02-28 06813010 frs-core:ComputerEquipment 2025-02-28 06813010 frs-core:ComputerEquipment 2024-02-29 2025-02-28 06813010 frs-core:ComputerEquipment 2024-02-28 06813010 frs-core:FurnitureFittings 2025-02-28 06813010 frs-core:FurnitureFittings 2024-02-29 2025-02-28 06813010 frs-core:FurnitureFittings 2024-02-28 06813010 frs-core:MotorVehicles 2025-02-28 06813010 frs-core:MotorVehicles 2024-02-29 2025-02-28 06813010 frs-core:MotorVehicles 2024-02-28 06813010 frs-core:PlantMachinery 2025-02-28 06813010 frs-core:PlantMachinery 2024-02-29 2025-02-28 06813010 frs-core:PlantMachinery 2024-02-28 06813010 frs-core:WithinOneYear 2025-02-28 06813010 frs-core:ShareCapital 2025-02-28 06813010 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 06813010 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 06813010 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 06813010 frs-bus:SmallEntities 2024-02-29 2025-02-28 06813010 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 06813010 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 06813010 frs-bus:Director1 2024-02-29 2025-02-28 06813010 frs-bus:Director2 2024-02-29 2025-02-28 06813010 frs-countries:EnglandWales 2024-02-29 2025-02-28 06813010 2023-02-28 06813010 2024-02-28 06813010 2023-03-01 2024-02-28 06813010 frs-core:CurrentFinancialInstruments 2024-02-28 06813010 frs-core:Non-currentFinancialInstruments 2024-02-28 06813010 frs-core:BetweenOneFiveYears 2024-02-28 06813010 frs-core:WithinOneYear 2024-02-28 06813010 frs-core:ShareCapital 2024-02-28 06813010 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 06813010 frs-core:CurrentFinancialInstruments 1 2024-02-28
Registered number: 06813010
The Veg Factor Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Lyfe Accountants Limited
Pera Business Park
Nottingham Road
Melton Mowbray
LE13 0PB
The Veg Factor Limited
Contents
Contents

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

Page 1
The Veg Factor Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 06813010

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 182,286 |  | 190,159
|  |  | 182,286 |  | 190,159
CURRENT ASSETS
Stocks | 5 | 177,066 |  | 181,629 |
Debtors | 6 | 345,639 |  | 404,771 |
Cash at bank and in hand |  | 95,059 |  | 33,062 |
|  | 617,764 |  | 619,462 |
Creditors: Amounts Falling Due Within One Year | 7 | (299,766 ) |  | (298,506 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 317,998 |  | 320,956
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 500,284 |  | 511,115
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (21,595 ) |  | (53,922 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (24,933 ) |  | (24,933 )
NET ASSETS |  |  | 453,756 |  | 432,260
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Profit and Loss Account |  |  | 453,656 |  | 432,160
SHAREHOLDERS' FUNDS |  |  | 453,756 |  | 432,260

Page 1
Page 2
The Veg Factor Limited
Balance Sheet (continued)
As At 28 February 2025
For the year ending 28 February 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 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.
On behalf of the board

Mr Stuart Beech Director
10/12/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
The Veg Factor Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
The Veg Factor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06813010 . The registered office is Unit 26, Hayhill Road Industrial Estate, Barrow upon Soar, Leicestershire, LE12 8LD.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% on reducing balance
Motor Vehicles | 25% on reducing balance
Fixtures & Fittings | 25% on reducing balance
Computer Equipment | 33% on reducing balance

2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 28 |  | 27
| 28 |  | 27

Page 3
Page 4
The Veg Factor Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Cost
As at 29 February 2024 | 64,728 | 295,626 | 11,657 | 38,558 | 410,569
Additions | 10,032 | 1,000 | - | 2,596 | 13,628
As at 28 February 2025 | 74,760 | 296,626 | 11,657 | 41,154 | 424,197
Depreciation
As at 29 February 2024 | 33,071 | 173,305 | 3,248 | 10,786 | 220,410
Provided during the period | 1,595 | 19,235 | 407 | 264 | 21,501
As at 28 February 2025 | 34,666 | 192,540 | 3,655 | 11,050 | 241,911
Net Book Value
As at 28 February 2025 | 40,094 | 104,086 | 8,002 | 30,104 | 182,286
As at 29 February 2024 | 31,657 | 122,321 | 8,409 | 27,772 | 190,159

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | 177,066 |  | 181,629

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 339,457 |  | 367,271
Prepayments and accrued income | 3,581 |  | 5,988
VAT | 2,601 |  | 31,512
| 345,639 |  | 404,771

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 32,224 |  | 44,661
Trade creditors | 104,712 |  | 57,078
Bank loans and overdrafts | 14,969 |  | 23,463
Corporation tax | 49,634 |  | 104,840
Other taxes and social security | 22,575 |  | 19,982
Pensions payable | - |  | (203 )
Accruals and deferred income | 60,128 |  | 47,760
Directors' loan accounts | 15,524 |  | 925
| 299,766 |  | 298,506

Page 4
Page 5
The Veg Factor Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 21,595 |  | 53,922

9. Obligations Under Finance Leases and Hire Purchase

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 32,224 |  | 44,661
Later than one year and not later than five years | 21,595 |  | 53,922
| 53,819 |  | 98,583
| 53,819 |  | 98,583

10. Share Capital

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

Page 5