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 11192199 Mr George RURUA iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11192199 2024-02-28 11192199 2025-02-28 11192199 2024-02-29 2025-02-28 11192199 frs-core:CurrentFinancialInstruments 2025-02-28 11192199 frs-core:Non-currentFinancialInstruments 2025-02-28 11192199 frs-core:ComputerEquipment 2025-02-28 11192199 frs-core:ComputerEquipment 2024-02-29 2025-02-28 11192199 frs-core:ComputerEquipment 2024-02-28 11192199 frs-core:ShareCapital 2025-02-28 11192199 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11192199 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 11192199 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 11192199 frs-bus:SmallEntities 2024-02-29 2025-02-28 11192199 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 11192199 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 11192199 frs-bus:Director1 2024-02-29 2025-02-28 11192199 frs-countries:EnglandWales 2024-02-29 2025-02-28 11192199 2023-02-28 11192199 2024-02-28 11192199 2023-03-01 2024-02-28 11192199 frs-core:CurrentFinancialInstruments 2024-02-28 11192199 frs-core:Non-currentFinancialInstruments 2024-02-28 11192199 frs-core:ShareCapital 2024-02-28 11192199 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 11192199
Velvet Solutions Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Velvet Solutions Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Velvet Solutions Ltd
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 11192199

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 499 |  | 665
|  |  | 499 |  | 665
CURRENT ASSETS
Cash at bank and in hand |  | 8,837 |  | 8,837 |
|  | 8,837 |  | 8,837 |
Creditors: Amounts Falling Due Within One Year | 5 | (6,925 ) |  | (6,509 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,912 |  | 2,328
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,411 |  | 2,993
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (7,124 ) |  | (7,124 )
NET LIABILITIES |  |  | (4,713 ) |  | (4,131 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1 |  | 1
Profit and Loss Account |  |  | (4,714 ) |  | (4,132 )
SHAREHOLDERS' FUNDS |  |  | (4,713) |  | (4,131)

Page 1
Page 2
Velvet Solutions Ltd
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 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 George RURUA Director
06/02/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Velvet Solutions Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Velvet Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11192199 . The registered office is 19b Grove Hill Road, London, SE5 8DF.
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. 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:

Computer Equipment | 25% reducing balance

2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 29 February 2024 | 1,295
As at 28 February 2025 | 1,295
Depreciation
As at 29 February 2024 | 630
Provided during the period | 166
As at 28 February 2025 | 796
Net Book Value
As at 28 February 2025 | 499
As at 29 February 2024 | 665

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 6,510 |  | 6,509
Director's loan account | 415 |  | -
| 6,925 |  | 6,509

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 7,124 |  | 7,124

Page 3
Page 4
Velvet Solutions Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

Page 4