Acorah Software Products - Accounts Production 16.8.310 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03597131 Mr Steven Turner-Dauncey Mr Steven Turner-Dauncey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03597131 2024-03-31 03597131 2025-03-31 03597131 2024-04-01 2025-03-31 03597131 frs-core:CurrentFinancialInstruments 2025-03-31 03597131 frs-core:Non-currentFinancialInstruments 2025-03-31 03597131 frs-core:ComputerEquipment 2024-04-01 2025-03-31 03597131 frs-core:FurnitureFittings 2025-03-31 03597131 frs-core:FurnitureFittings 2024-04-01 2025-03-31 03597131 frs-core:FurnitureFittings 2024-03-31 03597131 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 03597131 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 03597131 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03597131 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 03597131 frs-core:MotorVehicles 2024-04-01 2025-03-31 03597131 frs-core:PlantMachinery 2025-03-31 03597131 frs-core:PlantMachinery 2024-04-01 2025-03-31 03597131 frs-core:PlantMachinery 2024-03-31 03597131 frs-core:RevaluationReserve 2024-03-31 03597131 frs-core:RevaluationReserve 2025-03-31 03597131 frs-core:ShareCapital 2025-03-31 03597131 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 03597131 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2024-03-31 03597131 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03597131 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03597131 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03597131 frs-bus:SmallEntities 2024-04-01 2025-03-31 03597131 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03597131 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03597131 frs-bus:Director1 2024-04-01 2025-03-31 03597131 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 03597131 frs-countries:EnglandWales 2024-04-01 2025-03-31 03597131 2023-03-31 03597131 2024-03-31 03597131 2023-04-01 2024-03-31 03597131 frs-core:CurrentFinancialInstruments 2024-03-31 03597131 frs-core:Non-currentFinancialInstruments 2024-03-31 03597131 frs-core:RevaluationReserve 2024-03-31 03597131 frs-core:ShareCapital 2024-03-31 03597131 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 03597131
Vernon Investments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Vernon Investments Limited
Contents
Contents

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

Page 1
Vernon Investments Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 03597131

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,770,490 |  | 3,645,001
|  |  | 1,770,490 |  | 3,645,001
CURRENT ASSETS
Stocks | 5 | 6,969 |  | - |
Debtors | 6 | 385,519 |  | 129,279 |
Cash at bank and in hand |  | 48,620 |  | 6,617 |
|  | 441,108 |  | 135,896 |
Creditors: Amounts Falling Due Within One Year | 7 | (358,132 ) |  | (366,182 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 82,976 |  | (230,286 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,853,466 |  | 3,414,715
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (1,405,109 ) |  | (2,576,763 )
NET ASSETS |  |  | 448,357 |  | 837,952
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Revaluation reserve | 10 |  | (302,833 ) |  | (302,833 )
Profit and Loss Account |  |  | 751,090 |  | 1,140,685
SHAREHOLDERS' FUNDS |  |  | 448,357 |  | 837,952

Page 1
Page 2
Vernon Investments Limited
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 Steven Turner-Dauncey Director
17th December 2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Vernon Investments Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Vernon Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03597131 . The registered office is 24 Victoria Park, Dover, Kent, CT16 1QS.
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. 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:

Freehold | -
Leasehold | -
Plant & Machinery | -
Motor Vehicles | -
Fixtures & Fittings | 33% Reducing Balance Method
Computer Equipment | -

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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
Page 3
Page 4
Vernon Investments Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Plant & Machinery | Fixtures & Fittings | Total
| £ | £ | £ | £
Cost
As at 1 April 2024 | 3,639,331 | 373 | 79,260 | 3,718,964
Additions | 113,175 | - | - | 113,175
Disposals | (1,985,938 ) | - | - | (1,985,938 )
As at 31 March 2025 | 1,766,568 | 373 | 79,260 | 1,846,201
Depreciation
As at 1 April 2024 | - | - | 73,963 | 73,963
Provided during the period | - | - | 1,748 | 1,748
As at 31 March 2025 | - | - | 75,711 | 75,711
Net Book Value
As at 31 March 2025 | 1,766,568 | 373 | 3,549 | 1,770,490
As at 1 April 2024 | 3,639,331 | 373 | 5,297 | 3,645,001

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 6,969 |  | -

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 16,927 |  | 28,786
Other debtors | 68,626 |  | 100,493
Director's loan account | 299,966 |  | -
| 385,519 |  | 129,279

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 3,241 |  | -
Corporation tax | 345,506 |  | 345,506
Other creditors | 7,735 |  | 19,377
Accruals and deferred income | 1,650 |  | 1,299
| 358,132 |  | 366,182

Page 4
Page 5
Vernon Investments Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 820,953 |  | -
Other loans | 584,156 |  | -
Other creditors | - |  | 2,576,763
| 1,405,109 |  | 2,576,763

9. Share Capital

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

10. Reserves

| Revaluation reserve | Profit and Loss Account
--- | --- | ---
| £ | £
As at 1 April 2024 | (302,833 ) | 1,140,685
Loss for the year and total comprehensive income | - | (389,595 )
As at 31 March 2025 | (302,833 ) | 751,090

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