Acorah Software Products - Accounts Production 19.2.450 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 06961737 Andrew Borras Jo Borras iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06961737 2025-03-31 06961737 2026-03-31 06961737 2025-04-01 2026-03-31 06961737 frs-core:CurrentFinancialInstruments 2026-03-31 06961737 frs-core:Non-currentFinancialInstruments 2026-03-31 06961737 frs-core:ComputerEquipment 2026-03-31 06961737 frs-core:ComputerEquipment 2025-04-01 2026-03-31 06961737 frs-core:ComputerEquipment 2025-03-31 06961737 frs-core:FurnitureFittings 2026-03-31 06961737 frs-core:FurnitureFittings 2025-04-01 2026-03-31 06961737 frs-core:FurnitureFittings 2025-03-31 06961737 frs-core:MotorVehicles 2026-03-31 06961737 frs-core:MotorVehicles 2025-04-01 2026-03-31 06961737 frs-core:MotorVehicles 2025-03-31 06961737 frs-core:PlantMachinery 2026-03-31 06961737 frs-core:PlantMachinery 2025-04-01 2026-03-31 06961737 frs-core:PlantMachinery 2025-03-31 06961737 frs-core:ShareCapital 2026-03-31 06961737 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 06961737 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 06961737 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 06961737 frs-bus:SmallEntities 2025-04-01 2026-03-31 06961737 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 06961737 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 06961737 frs-bus:Director1 2025-04-01 2026-03-31 06961737 frs-bus:Director2 2025-04-01 2026-03-31 06961737 frs-countries:EnglandWales 2025-04-01 2026-03-31 06961737 2024-03-31 06961737 2025-03-31 06961737 2024-04-01 2025-03-31 06961737 frs-core:CurrentFinancialInstruments 2025-03-31 06961737 frs-core:Non-currentFinancialInstruments 2025-03-31 06961737 frs-core:ShareCapital 2025-03-31 06961737 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 06961737
Copper Veins Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06961737
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,189 10,496
14,189 10,496
CURRENT ASSETS
Debtors 5 27,324 30,921
Cash at bank and in hand 180 11,099
27,504 42,020
Creditors: Amounts Falling Due Within One Year 6 (30,085 ) (39,037 )
NET CURRENT ASSETS (LIABILITIES) (2,581 ) 2,983
TOTAL ASSETS LESS CURRENT LIABILITIES 11,608 13,479
Creditors: Amounts Falling Due After More Than One Year 7 (10,380 ) (7,815 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,000 ) (2,600 )
NET (LIABILITIES)/ASSETS (772 ) 3,064
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (872 ) 2,964
SHAREHOLDERS' FUNDS (772) 3,064
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For the year ending 31 March 2026 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
Jo Borras
Director
16 July 2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Copper Veins Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06961737 . The registered office is Denberry, Wainfleet Road, Irby-In-The-Marsh, Skegness, PE24 5AY.
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.
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 15% on cost
Motor Vehicles 20% on cost
Fixtures & Fittings 20% on cost
Computer Equipment 25% on cost
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was 2 (2025: 2)
2 2
Page 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 4,887 10,250 4,499 6,773 26,409
Additions - 6,895 - - 6,895
Disposals (925 ) - - - (925 )
As at 31 March 2026 3,962 17,145 4,499 6,773 32,379
Depreciation
As at 1 April 2025 4,047 4,038 3,118 4,710 15,913
Provided during the period 207 1,912 453 630 3,202
Disposals (925 ) - - - (925 )
As at 31 March 2026 3,329 5,950 3,571 5,340 18,190
Net Book Value
As at 31 March 2026 633 11,195 928 1,433 14,189
As at 1 April 2025 840 6,212 1,381 2,063 10,496
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 2,129 14,100
Prepayments and accrued income 387 10,283
Other debtors 24,808 6,538
27,324 30,921
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 1,379 -
Trade creditors 11,688 13,380
Bank loans and overdrafts 1,801 1,756
Taxes and social security 6,160 14,152
Other creditors 7,030 9,679
Accruals and deferred income 2,027 70
30,085 39,037
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 4,367 -
Bank loans 6,013 7,815
10,380 7,815
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8. Directors Advances, Credits and Guarantees
Included in other debtors is £6,065 (2025: £1,452 included in other creditors) due from a director. During the year, the company was advanced £12,829 from the director and the company made repayments of £5,312 to the director.
Included in other debtors is £10,083 (2025: £5,523) due from a director. During the year, the company advanced £20,560 to the director and the company received repayments of £16,000 from the director.
The above loan is unsecured and repayable on demand.  Interest is charged at the HMRC official rate.
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