Acorah Software Products - Accounts Production 19.2.350 false true true 31 January 2024 1 February 2023 false 1 February 2024 29 January 2025 29 January 2025 07911384 Miss Claire Atkinson Mr Eamonn Joseph Hunt Miss Claire Atkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07911384 2024-01-31 07911384 2025-01-29 07911384 2024-02-01 2025-01-29 07911384 frs-core:CurrentFinancialInstruments 2025-01-29 07911384 frs-core:Non-currentFinancialInstruments 2025-01-29 07911384 frs-core:FurnitureFittings 2025-01-29 07911384 frs-core:FurnitureFittings 2024-02-01 2025-01-29 07911384 frs-core:FurnitureFittings 2024-01-31 07911384 frs-core:PlantMachinery 2025-01-29 07911384 frs-core:PlantMachinery 2024-02-01 2025-01-29 07911384 frs-core:PlantMachinery 2024-01-31 07911384 frs-core:ShareCapital 2025-01-29 07911384 frs-core:RetainedEarningsAccumulatedLosses 2025-01-29 07911384 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-29 07911384 frs-bus:FilletedAccounts 2024-02-01 2025-01-29 07911384 frs-bus:SmallEntities 2024-02-01 2025-01-29 07911384 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-29 07911384 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-29 07911384 frs-bus:OrdinaryShareClass2 2024-02-01 2025-01-29 07911384 frs-bus:OrdinaryShareClass2 2025-01-29 07911384 frs-bus:OrdinaryShareClass3 2024-02-01 2025-01-29 07911384 frs-bus:OrdinaryShareClass3 2025-01-29 07911384 frs-bus:OrdinaryShareClass4 2024-02-01 2025-01-29 07911384 frs-bus:OrdinaryShareClass4 2025-01-29 07911384 frs-bus:OrdinaryShareClass5 2024-02-01 2025-01-29 07911384 frs-bus:OrdinaryShareClass5 2025-01-29 07911384 frs-bus:Director1 2024-02-01 2025-01-29 07911384 frs-bus:Director2 2024-02-01 2025-01-29 07911384 frs-bus:CompanySecretary1 2024-02-01 2025-01-29 07911384 frs-countries:EnglandWales 2024-02-01 2025-01-29 07911384 2023-01-31 07911384 2024-01-31 07911384 2023-02-01 2024-01-31 07911384 frs-core:CurrentFinancialInstruments 2024-01-31 07911384 frs-core:Non-currentFinancialInstruments 2024-01-31 07911384 frs-core:ShareCapital 2024-01-31 07911384 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07911384 frs-bus:OrdinaryShareClass2 2023-02-01 2024-01-31 07911384 frs-bus:OrdinaryShareClass3 2023-02-01 2024-01-31 07911384 frs-bus:OrdinaryShareClass4 2023-02-01 2024-01-31 07911384 frs-bus:OrdinaryShareClass5 2023-02-01 2024-01-31
Registered number: 07911384
VeryCreative Limited
Unaudited Financial Statements
For The Year Ended 29 January 2025
VeryCreative Limited
Contents
Contents

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

Page 1
VeryCreative Limited
Balance Sheet
As At 29 January 2025
Balance Sheet
Registered number: 07911384

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 86,007 |  | 101,184
|  |  | 86,007 |  | 101,184
CURRENT ASSETS
Stocks | 5 | - |  | 10,000 |
Debtors | 6 | 23,817 |  | 19,521 |
Cash at bank and in hand |  | 18,351 |  | 17,857 |
|  | 42,168 |  | 47,378 |
Creditors: Amounts Falling Due Within One Year | 7 | (280,376 ) |  | (285,094 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (238,208 ) |  | (237,716 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (152,201 ) |  | (136,532 )
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (18,248 ) |  | (26,898 )
NET LIABILITIES |  |  | (170,449 ) |  | (163,430 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 306 |  | 306
Profit and Loss Account |  |  | (170,755 ) |  | (163,736 )
SHAREHOLDERS' FUNDS |  |  | (170,449) |  | (163,430)

Page 1
Page 2
VeryCreative Limited
Balance Sheet (continued)
As At 29 January 2025
For the year ending 29 January 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 Eamonn Joseph Hunt Director
27/10/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
VeryCreative Limited
Notes to the Financial Statements
For The Year Ended 29 January 2025
Notes to the Financial Statements
1. General Information
VeryCreative Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07911384 . The registered office is Creative Corner, 1 Riverside Court, Don Road, Sheffield, England, S9 2TJ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 | 15% reducing balance
Fixtures & Fittings | 15% reducing balance

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. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle onanet basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
...CONTINUED
Page 3
Page 4
VeryCreative Limited
Notes to the Financial Statements (continued)
For The Year Ended 29 January 2025
2.6. Financial Instruments - continued
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
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.
Current 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 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: 4)
3 4
4. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 February 2024 | 277,414 | 57,171 | 334,585
As at 29 January 2025 | 277,414 | 57,171 | 334,585
Depreciation
As at 1 February 2024 | 182,117 | 51,284 | 233,401
Provided during the period | 14,294 | 883 | 15,177
As at 29 January 2025 | 196,411 | 52,167 | 248,578
Net Book Value
As at 29 January 2025 | 81,003 | 5,004 | 86,007
As at 1 February 2024 | 95,297 | 5,887 | 101,184

5. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock | - |  | 10,000

Page 4
Page 5
VeryCreative Limited
Notes to the Financial Statements (continued)
For The Year Ended 29 January 2025
6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,969 |  | 756
Other debtors | 20,848 |  | 18,765
| 23,817 |  | 19,521

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 10,347 |  | 17,852
Bank loans and overdrafts | 55,657 |  | 59,985
Other loans | 6,747 |  | 12,578
Amounts owed to participating interests | 122,791 |  | 128,140
Other creditors | 37,149 |  | 33,546
Taxation and social security | 47,685 |  | 32,993
| 280,376 |  | 285,094

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 18,248 |  | 20,000
Other loans | - |  | 6,898
| 18,248 |  | 26,898

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
1 Ordinary A shares of £ 100.00 each | 100 |  | 100
1 Ordinary B shares of £ 100.00 each | 100 |  | 100
1 Ordinary C shares of £ 100.00 each | 100 |  | 100
6 Ordinary D shares of £ 1.00 each | 6 |  | 6
| 306 |  | 306

10. Related Party Transactions
The amounts due to related parties as at year end is £122,791 (2024 : £128,140). These loans are interest free and payable on demand.
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