Acorah Software Products - Accounts Production 18.1.200 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 12014851 Mr N Vetriko Ms Y Vetriko iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12014851 2024-05-31 12014851 2025-05-31 12014851 2024-06-01 2025-05-31 12014851 frs-core:CurrentFinancialInstruments 2025-05-31 12014851 frs-core:Non-currentFinancialInstruments 2025-05-31 12014851 frs-core:ComputerEquipment 2025-05-31 12014851 frs-core:ComputerEquipment 2024-06-01 2025-05-31 12014851 frs-core:ComputerEquipment 2024-05-31 12014851 frs-core:FurnitureFittings 2025-05-31 12014851 frs-core:FurnitureFittings 2024-06-01 2025-05-31 12014851 frs-core:FurnitureFittings 2024-05-31 12014851 frs-core:PlantMachinery 2025-05-31 12014851 frs-core:PlantMachinery 2024-06-01 2025-05-31 12014851 frs-core:PlantMachinery 2024-05-31 12014851 frs-core:ShareCapital 2025-05-31 12014851 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 12014851 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 12014851 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 12014851 frs-bus:SmallEntities 2024-06-01 2025-05-31 12014851 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 12014851 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 12014851 frs-bus:Director1 2024-06-01 2025-05-31 12014851 frs-bus:Director2 2024-06-01 2025-05-31 12014851 frs-countries:EnglandWales 2024-06-01 2025-05-31 12014851 2023-05-31 12014851 2024-05-31 12014851 2023-06-01 2024-05-31 12014851 frs-core:CurrentFinancialInstruments 2024-05-31 12014851 frs-core:Non-currentFinancialInstruments 2024-05-31 12014851 frs-core:ShareCapital 2024-05-31 12014851 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 12014851
Neitiv Ltd.
Financial Statements
For The Year Ended 31 May 2025
BBK Partnership_
Chartered Accountants & Statutory Auditors
1 Beauchamp Court, 10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Neitiv Ltd.
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Neitiv Ltd.
Statement of Financial Position
As At 31 May 2025
Statement of Financial Position
Registered number: 12014851

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 13,365 |  | 16,390
|  |  | 13,365 |  | 16,390
CURRENT ASSETS
Stocks | 5 | 12,289 |  | 14,669 |
Debtors | 6 | 61,268 |  | 32,400 |
Cash at bank and in hand |  | 2,559 |  | 10,066 |
|  | 76,116 |  | 57,135 |
Creditors: Amounts Falling Due Within One Year | 7 | (343,653 ) |  | (277,075 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (267,537 ) |  | (219,940 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (254,172 ) |  | (203,550 )
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (23,908 ) |  | (27,767 )
NET LIABILITIES |  |  | (278,080 ) |  | (231,317 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 2 |  | 2
Income Statement |  |  | (278,082 ) |  | (231,319 )
SHAREHOLDERS' FUNDS |  |  | (278,080) |  | (231,317)

Page 1
Page 2
Neitiv Ltd.
Statement of Financial Position (continued)
As At 31 May 2025
For the year ending 31 May 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 Income Statement.
On behalf of the board

Mr N Vetriko Director
10/04/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Neitiv Ltd.
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Neitiv Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 12014851 . The registered office is 34 Priam House Fire Fly Avenue, Swindon, Wiltshire, SN2 2EH.
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:

Plant & Machinery | 20%
Fixtures & Fittings | 25%
Computer Equipment | 33%

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: 4 (2024: 2)
4 2
Page 3
Page 4
Neitiv Ltd.
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 June 2024 | 20,206 | 176 | 3,949 | 24,331
Additions | 675 | 684 | 130 | 1,489
As at 31 May 2025 | 20,881 | 860 | 4,079 | 25,820
Depreciation
As at 1 June 2024 | 4,186 | 44 | 3,711 | 7,941
Provided during the period | 4,176 | 215 | 123 | 4,514
As at 31 May 2025 | 8,362 | 259 | 3,834 | 12,455
Net Book Value
As at 31 May 2025 | 12,519 | 601 | 245 | 13,365
As at 1 June 2024 | 16,020 | 132 | 238 | 16,390

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 12,289 |  | 14,669

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 468 |  | -
Amounts owed by group undertakings | 60,800 |  | 32,400
| 61,268 |  | 32,400

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 5,855 |  | 3,966
Other creditors | 336,143 |  | 272,690
Taxation and social security | 1,655 |  | 419
| 343,653 |  | 277,075

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 23,908 |  | 27,767

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

Page 5