Acorah Software Products - Accounts Production 19.3.550 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 02935435 Mr Duncan Field Mrs Claire Field Mrs Marsha Waite Mrs Marsha Waite iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02935435 2024-10-31 02935435 2025-10-31 02935435 2024-11-01 2025-10-31 02935435 frs-core:CurrentFinancialInstruments 2025-10-31 02935435 frs-core:ComputerEquipment 2025-10-31 02935435 frs-core:ComputerEquipment 2024-11-01 2025-10-31 02935435 frs-core:ComputerEquipment 2024-10-31 02935435 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-11-01 2025-10-31 02935435 frs-core:FurnitureFittings 2025-10-31 02935435 frs-core:FurnitureFittings 2024-11-01 2025-10-31 02935435 frs-core:FurnitureFittings 2024-10-31 02935435 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-10-31 02935435 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 02935435 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 02935435 frs-core:MotorVehicles 2025-10-31 02935435 frs-core:MotorVehicles 2024-11-01 2025-10-31 02935435 frs-core:MotorVehicles 2024-10-31 02935435 frs-core:OtherResidualIntangibleAssets 2025-10-31 02935435 frs-core:OtherResidualIntangibleAssets 2024-11-01 2025-10-31 02935435 frs-core:OtherResidualIntangibleAssets 2024-10-31 02935435 frs-core:PlantMachinery 2025-10-31 02935435 frs-core:PlantMachinery 2024-11-01 2025-10-31 02935435 frs-core:PlantMachinery 2024-10-31 02935435 frs-core:ShareCapital 2025-10-31 02935435 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 02935435 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 02935435 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 02935435 frs-bus:SmallEntities 2024-11-01 2025-10-31 02935435 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 02935435 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 02935435 frs-bus:Director1 2024-11-01 2025-10-31 02935435 frs-bus:Director2 2024-11-01 2025-10-31 02935435 frs-bus:Director3 2024-11-01 2025-10-31 02935435 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 02935435 frs-core:CurrentFinancialInstruments 1 2025-10-31 02935435 frs-countries:EnglandWales 2024-11-01 2025-10-31 02935435 2023-10-31 02935435 2024-10-31 02935435 2023-11-01 2024-10-31 02935435 frs-core:CurrentFinancialInstruments 2024-10-31 02935435 frs-core:ShareCapital 2024-10-31 02935435 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 02935435 frs-core:CurrentFinancialInstruments 1 2024-10-31
Registered number: 02935435
Vert Projects Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 02935435
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 80,200 120,300
Tangible Assets 5 453,236 442,815
533,436 563,115
CURRENT ASSETS
Stocks 6 300,000 625,000
Debtors 7 3,177,060 2,871,506
Cash at bank and in hand 3,116,005 347,542
6,593,065 3,844,048
Creditors: Amounts Falling Due Within One Year 8 (2,937,745 ) (1,493,495 )
NET CURRENT ASSETS (LIABILITIES) 3,655,320 2,350,553
TOTAL ASSETS LESS CURRENT LIABILITIES 4,188,756 2,913,668
PROVISIONS FOR LIABILITIES
Deferred Taxation (35,716 ) (33,110 )
NET ASSETS 4,153,040 2,880,558
CAPITAL AND RESERVES
Called up share capital 10 101 101
Profit and Loss Account 4,152,939 2,880,457
SHAREHOLDERS' FUNDS 4,153,040 2,880,558
Page 1
Page 2
For the year ending 31 October 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 Duncan Field
Director
13/07/2026
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Vert Projects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02935435 . The registered office is Unit 16 Mulberry Court, Bourne Industrial Park, Bourne Road Dartford, Kent, DA1 4BF.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are patens and licences. It is amortised to profit and loss account over its estimated economic life of 10 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:
Freehold 0% - WDV
Plant & Machinery 15% on reducing balance
Motor Vehicles 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on 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.
Page 3
Page 4
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.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: 17 (2024: 15)
17 15
4. Intangible Assets
Other
£
Cost
As at 1 November 2024 401,001
As at 31 October 2025 401,001
Amortisation
As at 1 November 2024 280,701
Provided during the period 40,100
As at 31 October 2025 320,801
Net Book Value
As at 31 October 2025 80,200
As at 1 November 2024 120,300
Page 4
Page 5
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 November 2024 310,374 49,629 134,772 46,857
Additions - 1,299 30,960 -
Disposals - - (22,398 ) -
As at 31 October 2025 310,374 50,928 143,334 46,857
Depreciation
As at 1 November 2024 - 26,120 65,210 28,799
Provided during the period - 3,722 14,844 2,707
Disposals - - (20,837 ) -
As at 31 October 2025 - 29,842 59,217 31,506
Net Book Value
As at 31 October 2025 310,374 21,086 84,117 15,351
As at 1 November 2024 310,374 23,509 69,562 18,058
Computer Equipment Total
£ £
Cost
As at 1 November 2024 42,395 584,027
Additions 4,933 37,192
Disposals - (22,398 )
As at 31 October 2025 47,328 598,821
Depreciation
As at 1 November 2024 21,083 141,212
Provided during the period 3,937 25,210
Disposals - (20,837 )
As at 31 October 2025 25,020 145,585
Net Book Value
As at 31 October 2025 22,308 453,236
As at 1 November 2024 21,312 442,815
Page 5
Page 6
6. Stocks
2025 2024
£ £
Work in progress 300,000 625,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,102,550 2,547,206
Prepayments and accrued income 36,430 44,348
Other debtors 37,630 37,630
Intercompany 450 90,450
Directors' loan accounts - 151,872
3,177,060 2,871,506
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 695,970 604,191
Corporation tax 596,017 183,530
Other taxes and social security 70,363 49,495
VAT 1,477,349 638,100
Other creditors 10,000 12,429
Accruals and deferred income 8,500 5,750
Directors' loan accounts 79,546 -
2,937,745 1,493,495
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 101 101
Page 6
Page 7
11. Related Party Transactions
Included in the Other Debtors is an amount owed to the company directors totalling £151,871 (2023 - £395,052), no interest is to be charged.
Included in the Other Debtors is an amount of £450 (2023 - £450) owed by OLH Holdings Ltd, a company under the control of the directors Mr D Field, Mrs C Field and Ms M Waite. No repayment terms have been set and no interest is to be charged. 
Included in the Other Debtors is an amount of £90,000 owed by Vert Build Ltd, a company under the control of the directors Mr D Field and Ms M Waite. No repayment terms have been set and no interest is to be charged. 
Page 7