Acorah Software Products - Accounts Production 19.2.450 false true 31 July 2024 1 August 2023 false 1 August 2024 31 December 2025 31 December 2025 13500938 K Balstone S Balstone Shawn Balstone and Kieren Balstone true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13500938 2024-07-31 13500938 2025-12-31 13500938 2024-08-01 2025-12-31 13500938 frs-core:CurrentFinancialInstruments 2025-12-31 13500938 frs-core:BetweenOneFiveYears 2025-12-31 13500938 frs-core:ComputerEquipment 2025-12-31 13500938 frs-core:ComputerEquipment 2024-08-01 2025-12-31 13500938 frs-core:ComputerEquipment 2024-07-31 13500938 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-12-31 13500938 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-01 2025-12-31 13500938 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-31 13500938 frs-core:FurnitureFittings 2025-12-31 13500938 frs-core:FurnitureFittings 2024-08-01 2025-12-31 13500938 frs-core:FurnitureFittings 2024-07-31 13500938 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-12-31 13500938 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-01 2025-12-31 13500938 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 13500938 frs-core:MotorVehicles 2025-12-31 13500938 frs-core:MotorVehicles 2024-08-01 2025-12-31 13500938 frs-core:MotorVehicles 2024-07-31 13500938 frs-core:OtherResidualIntangibleAssets 2025-12-31 13500938 frs-core:OtherResidualIntangibleAssets 2024-08-01 2025-12-31 13500938 frs-core:OtherResidualIntangibleAssets 2024-07-31 13500938 frs-core:WithinOneYear 2025-12-31 13500938 frs-core:ShareCapital 2025-12-31 13500938 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 13500938 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-12-31 13500938 frs-bus:FilletedAccounts 2024-08-01 2025-12-31 13500938 frs-bus:SmallEntities 2024-08-01 2025-12-31 13500938 frs-bus:AuditExemptWithAccountantsReport 2024-08-01 2025-12-31 13500938 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-12-31 13500938 frs-bus:OrdinaryShareClass1 2024-08-01 2025-12-31 13500938 frs-bus:OrdinaryShareClass1 2025-12-31 13500938 frs-bus:OrdinaryShareClass2 2024-08-01 2025-12-31 13500938 frs-bus:OrdinaryShareClass2 2025-12-31 13500938 frs-bus:OrdinaryShareClass3 2024-08-01 2025-12-31 13500938 frs-bus:OrdinaryShareClass3 2025-12-31 13500938 1 2024-08-01 2025-12-31 13500938 frs-core:DeferredTaxation 2024-08-01 2025-12-31 13500938 frs-core:DeferredTaxation 2024-07-31 13500938 frs-core:DeferredTaxation 2025-12-31 13500938 frs-bus:Director1 2024-08-01 2025-12-31 13500938 frs-bus:Director2 2024-08-01 2025-12-31 13500938 frs-countries:EnglandWales 2024-08-01 2025-12-31 13500938 2023-07-31 13500938 2024-07-31 13500938 2023-08-01 2024-07-31 13500938 frs-core:CurrentFinancialInstruments 2024-07-31 13500938 frs-core:BetweenOneFiveYears 2024-07-31 13500938 frs-core:WithinOneYear 2024-07-31 13500938 frs-core:ShareCapital 2024-07-31 13500938 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 13500938 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 13500938 frs-bus:OrdinaryShareClass2 2023-08-01 2024-07-31 13500938 frs-bus:OrdinaryShareClass3 2023-08-01 2024-07-31
Registered number: 13500938
Vital Electronics Limited
Unaudited Financial Statements
For the Period 1 August 2024 to 31 December 2025
Sterling Accounting Solutions Ltd
Chartered Accountants
SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
Vital Electronics Limited
Contents
Contents

| Page
--- | ---
Company Information | 1
Accountants' Report | 2
Statement of Financial Position | 3—4
Notes to the Financial Statements | 5—11

Page 1
Vital Electronics Limited
Company Information
For the Period 1 August 2024 to 31 December 2025
Company Information

Directors | K Balstone
| S Balstone
Company Number | 13500938
Registered Office | Russell House
| Icknield Way
| Letchworth Garden City
| Hertfordshire
| SG6 1EL
Accountants | Sterling Accounting Solutions Ltd
| Chartered Accountants
| SAS House
| Chipperfield Road
| Kings Langley
| Hertfordshire
| WD4 9JB

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Vital Electronics Limited
Accountants' Report
For the Period 1 August 2024 to 31 December 2025
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Vital Electronics Limited For the Period 1 August 2024 to 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Vital Electronics Limited For the Period 1 August 2024 to 31 December 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Vital Electronics Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Vital Electronics Limited and state those matters that we have agreed to state to the directors of Vital Electronics Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Vital Electronics Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Vital Electronics Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Vital Electronics Limited . You consider that Vital Electronics Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit of the accounts of Vital Electronics Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

10/07/2026

Sterling Accounting Solutions Ltd
Chartered Accountants
SAS House
Chipperfield Road
Kings Langley
Hertfordshire
WD4 9JB
Page 2
Page 3
Vital Electronics Limited
Statement of Financial Position
As At 31 December 2025
Statement of Financial Position
Registered number: 13500938

| 31 December 2025 | 31 July 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 19,297 |  | 22,749
Tangible Assets | 5 |  | 126,676 |  | 226,042
|  |  | 145,973 |  | 248,791
CURRENT ASSETS
Stocks | 6 | 1,241,659 |  | 725,202 |
Debtors | 7 | 3,572,595 |  | 1,671,517 |
Cash at bank and in hand |  | 869,706 |  | 2,023,391 |
|  | 5,683,960 |  | 4,420,110 |
Creditors: Amounts Falling Due Within One Year | 8 | (2,420,821 ) |  | (976,869 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 3,263,139 |  | 3,443,241
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,409,112 |  | 3,692,032
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (23,778 ) |  | (47,899 )
NET ASSETS |  |  | 3,385,334 |  | 3,644,133
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Income Statement |  |  | 3,385,234 |  | 3,644,033
SHAREHOLDERS' FUNDS |  |  | 3,385,334 |  | 3,644,133

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Vital Electronics Limited
Statement of Financial Position (continued)
As At 31 December 2025
For the period 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 Income Statement.
On behalf of the board

S Balstone Director
10/07/2026

The notes on pages 5 to 11 form part of these financial statements.
Page 4
Page 5
Vital Electronics Limited
Notes to the Financial Statements
For the Period 1 August 2024 to 31 December 2025
Notes to the Financial Statements
1. General Information
Vital Electronics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13500938 . The registered office is Russell House, Icknield Way, Letchworth Garden City, Hertfordshire, SG6 1EL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are leasehold property acquisition costs . They are amortised to income statement over the lease term of 10 years.
2.4. Research and Development
Development costs are website and domain costs. It is amortised to income statement over its estimated economic life of 10 years.
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Vital Electronics Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 December 2025
2.5. 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:

Building improvements | 10 years straight line
Motor Vehicles | 20% reducing balance
Fixtures & Fittings | 20% straight line
Computer Equipment | 33% straight line

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.
2.7. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
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Vital Electronics Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 December 2025
2.8. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.9. 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 period, 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.
2.10. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 20 (2024: 21)
20 21
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Vital Electronics Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 December 2025
4. Intangible Assets

| Other | Development Costs | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 August 2024 | 16,354 | 8,015 | 24,369
As at 31 December 2025 | 16,354 | 8,015 | 24,369
Amortisation
As at 1 August 2024 | 818 | 802 | 1,620
Provided during the period | 2,317 | 1,135 | 3,452
As at 31 December 2025 | 3,135 | 1,937 | 5,072
Net Book Value
As at 31 December 2025 | 13,219 | 6,078 | 19,297
As at 1 August 2024 | 15,536 | 7,213 | 22,749

5. Tangible Assets

| Land & Property
--- | ---
| Building improvements | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 August 2024 | 57,966 | 30,750 | 183,586 | 28,350 | 300,652
Additions | - | 10,500 | 5,745 | 5,035 | 21,280
Disposals | - | (17,500 ) | (64,214 ) | - | (81,714 )
As at 31 December 2025 | 57,966 | 23,750 | 125,117 | 33,385 | 240,218
Depreciation
As at 1 August 2024 | 2,925 | 10,306 | 47,822 | 13,557 | 74,610
Provided during the period | 8,213 | 5,512 | 53,548 | 12,696 | 79,969
Disposals | - | (6,790 ) | (34,247 ) | - | (41,037 )
As at 31 December 2025 | 11,138 | 9,028 | 67,123 | 26,253 | 113,542
Net Book Value
As at 31 December 2025 | 46,828 | 14,722 | 57,994 | 7,132 | 126,676
As at 1 August 2024 | 55,041 | 20,444 | 135,764 | 14,793 | 226,042

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Vital Electronics Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 December 2025
6. Stocks

| 31 December 2025 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Stock | 1,241,659 |  | 725,202

7. Debtors

| 31 December 2025 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 1,884,357 |  | 550,471
Prepayments and accrued income | 58,110 |  | 120,009
Other debtors | 1,630,128 |  | 765,794
Directors' loan accounts | - |  | 235,243
| 3,572,595 |  | 1,671,517

8. Creditors: Amounts Falling Due Within One Year

| 31 December 2025 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 999,290 |  | 573,756
Corporation tax | 107,485 |  | 20,716
Other taxes and social security | 58,408 |  | 48,839
VAT | 52,423 |  | 44,938
Other creditors | 340,661 |  | 12,922
Accruals and deferred income | 16,978 |  | 275,698
Directors' loan accounts | 258 |  | -
Amounts owed to group undertakings | 845,318 |  | -
| 2,420,821 |  | 976,869

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Vital Electronics Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 December 2025
9. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 August 2024 | 47,899 | 47,899
Deferred taxation | (24,121 ) | (24,121 )
Balance at 31 December 2025 | 23,778 | 23,778

10. Share Capital

| 31 December 2025 |  | 31 July 2024
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100,000 Ordinary Shares of £ 0.001 each | - |  | 100
50,000 Ordinary A shares of £ 0.001 each | 50 |  | -
50,000 Ordinary B shares of £ 0.001 each | 50 |  | -
| 100 |  | 100

11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 31 December 2025 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 120,000 |  | 120,000
Later than one year and not later than five years | 240,000 |  | 360,000
| 360,000 |  | 480,000

12. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £2,709 (2024: £2,466) were due to the fund. They are included in Other Creditors.
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Vital Electronics Limited
Notes to the Financial Statements (continued)
For the Period 1 August 2024 to 31 December 2025
13. Dividends

| 31 December 2025 |  | 31 July 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Final dividend paid | 482,264 |  | 300,527

14. Related Party Transactions
At the year end Vital Electronics Limited was owed £1,388,812 (2024: £548,643) from companies under common control. This amount is included within other debtors.
At the year end Vital Electronics Limited owed £345,526 (2024: £Nil) to group companies. This amount is included within amounts owed to group undertakings.
15. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is NuLogic Group. NuLogic Group was incorporated in England & Wales.
The ultimate controlling party is Shawn Balstone and Kieren Balstone who controls 100% of the shares of NuLogic Group.
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