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Registered number: 06183098
Vehicle Livery Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
TreyBridge Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06183098
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,278 9,854
Tangible Assets 5 178,053 189,907
183,331 199,761
CURRENT ASSETS
Stocks 6 54,082 46,618
Debtors 7 202,944 192,383
Cash at bank and in hand 350,707 428,056
607,733 667,057
Creditors: Amounts Falling Due Within One Year 8 (276,574 ) (305,109 )
NET CURRENT ASSETS (LIABILITIES) 331,159 361,948
TOTAL ASSETS LESS CURRENT LIABILITIES 514,490 561,709
Creditors: Amounts Falling Due After More Than One Year 9 - (5,285 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (34,833 ) (37,955 )
NET ASSETS 479,657 518,469
CAPITAL AND RESERVES
Called up share capital 11 83,375 83,375
Capital redemption reserve 31,625 31,625
Profit and Loss Account 364,657 403,469
SHAREHOLDERS' FUNDS 479,657 518,469
Page 1
Page 2
For the year ending 31 December 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 Gregory Saunderson
Director
24/04/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Vehicle Livery Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06183098 . The registered office is Unit F1, Rotterdam Park, Hull, HU7 0AN.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Computer Software It is amortised to Profit and Loss Account over its estimated economic life of 3 years.
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:
Leasehold Over the term of the lease
Plant & Machinery 25% Reducing balance and 4 Year SLM
Motor Vehicles 25% SLM
Fixtures & Fittings 25% Reducing balance
2.5. 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.
2.6. 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.
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2.7. 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.
2.8. 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.
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 assets reflect 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 and deferred 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 and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. 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: 19)
20 19
4. Intangible Assets
Other
£
Cost
As at 1 January 2025 30,881
As at 31 December 2025 30,881
Amortisation
As at 1 January 2025 21,027
Provided during the period 4,576
As at 31 December 2025 25,603
...CONTINUED
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Page 5
Net Book Value
As at 31 December 2025 5,278
As at 1 January 2025 9,854
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2025 17,735 427,174 4,000 86,902 535,811
Additions - 3,300 31,990 4,283 39,573
As at 31 December 2025 17,735 430,474 35,990 91,185 575,384
Depreciation
As at 1 January 2025 17,735 259,871 4,000 64,298 345,904
Provided during the period - 42,582 2,666 6,179 51,427
As at 31 December 2025 17,735 302,453 6,666 70,477 397,331
Net Book Value
As at 31 December 2025 - 128,021 29,324 20,708 178,053
As at 1 January 2025 - 167,303 - 22,604 189,907
6. Stocks
2025 2024
£ £
Finished goods 41,725 43,618
Work in progress 12,357 3,000
54,082 46,618
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 182,115 173,603
Prepayments and accrued income 16,181 16,089
Other debtors 191 2,691
Directors' loan accounts 4,457 -
202,944 192,383
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 48,524 123,663
Trade creditors 103,031 89,458
Bank loans and overdrafts 5,286 10,375
Corporation tax 39,422 2,324
Other taxes and social security 7,406 6,925
VAT 66,092 64,263
Other creditors 3,323 3,031
Pension Payable 2,263 1,851
Accruals and deferred income 1,227 891
Directors' loan accounts - 2,328
276,574 305,109
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 5,285
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 48,524 123,663
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 83,375 83,375
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