Acorah Software Products - Accounts Production 19.2.350 false true 28 February 2024 1 March 2023 false 29 February 2024 28 February 2025 28 February 2025 09422012 Mr Ervin Islamaj iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09422012 2024-02-28 09422012 2025-02-28 09422012 2024-02-29 2025-02-28 09422012 frs-core:CurrentFinancialInstruments 2025-02-28 09422012 frs-core:Non-currentFinancialInstruments 2025-02-28 09422012 frs-core:ComputerEquipment 2025-02-28 09422012 frs-core:ComputerEquipment 2024-02-29 2025-02-28 09422012 frs-core:ComputerEquipment 2024-02-28 09422012 frs-core:FurnitureFittings 2025-02-28 09422012 frs-core:FurnitureFittings 2024-02-29 2025-02-28 09422012 frs-core:FurnitureFittings 2024-02-28 09422012 frs-core:MotorVehicles 2025-02-28 09422012 frs-core:MotorVehicles 2024-02-29 2025-02-28 09422012 frs-core:MotorVehicles 2024-02-28 09422012 frs-core:PlantMachinery 2025-02-28 09422012 frs-core:PlantMachinery 2024-02-29 2025-02-28 09422012 frs-core:PlantMachinery 2024-02-28 09422012 frs-core:ShareCapital 2025-02-28 09422012 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 09422012 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 09422012 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 09422012 frs-bus:SmallEntities 2024-02-29 2025-02-28 09422012 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 09422012 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 09422012 frs-bus:Director1 2024-02-29 2025-02-28 09422012 frs-countries:EnglandWales 2024-02-29 2025-02-28 09422012 2023-02-28 09422012 2024-02-28 09422012 2023-03-01 2024-02-28 09422012 frs-core:CurrentFinancialInstruments 2024-02-28 09422012 frs-core:Non-currentFinancialInstruments 2024-02-28 09422012 frs-core:ShareCapital 2024-02-28 09422012 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28
Registered number: 09422012
Casa Di Vini Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
MKL Accountants Limited
Chartered Certified Accountants
Herston Cross House
230 High Street
Swanage
Dorset
BH19 2PQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09422012
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 153,083 127,034
153,083 127,034
CURRENT ASSETS
Stocks 5 850,000 650,000
Debtors 6 400,171 318,414
Cash at bank and in hand 13,068 41,983
1,263,239 1,010,397
Creditors: Amounts Falling Due Within One Year 7 (564,077 ) (498,528 )
NET CURRENT ASSETS (LIABILITIES) 699,162 511,869
TOTAL ASSETS LESS CURRENT LIABILITIES 852,245 638,903
Creditors: Amounts Falling Due After More Than One Year 8 (150,996 ) (58,770 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (19,504 ) (13,149 )
NET ASSETS 681,745 566,984
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 681,645 566,884
SHAREHOLDERS' FUNDS 681,745 566,984
Page 1
Page 2
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 Ervin Islamaj
Director
14/05/2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Casa Di Vini Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09422012 . The registered office is Herston Cross House, 230 High Street, Swanage, Dorset, BH19 2PQ.
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 25% Reducing Balance Method
Motor Vehicles 25% Reducing Balance Method
Fixtures & Fittings 25% Reducing Balance Method
Computer Equipment 25% Reducing Balance Method
2.4. Leasing and Hire Purchase Contracts
Assets obtained under 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 the profit and loss account as incurred.
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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
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 year 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2024: 9)
20 9
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 29 February 2024 19,734 139,926 68,323 7,994 235,977
Additions 18,728 55,280 3,013 57 77,078
As at 28 February 2025 38,462 195,206 71,336 8,051 313,055
Depreciation
As at 29 February 2024 16,838 67,999 19,747 4,359 108,943
Provided during the period 5,406 31,802 12,898 923 51,029
As at 28 February 2025 22,244 99,801 32,645 5,282 159,972
Net Book Value
As at 28 February 2025 16,218 95,405 38,691 2,769 153,083
As at 29 February 2024 2,896 71,927 48,576 3,635 127,034
5. Stocks
2025 2024
£ £
Finished goods 850,000 650,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 399,727 317,970
Prepayments and accrued income 444 444
400,171 318,414
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 434,133 412,180
Corporation tax 36,006 13,706
Other taxes and social security 9,113 -
VAT 31,475 26,291
Other creditors 16,209 9,210
Director's loan account 37,141 37,141
564,077 498,528
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 93,993 14,501
Bank loans 57,003 44,269
150,996 58,770
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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