Acorah Software Products - Accounts Production 19.3.550 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 08390436 Mrs Heather Ray Mrs Joanne Edwards Mrs Barbara Shimmen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08390436 2025-02-28 08390436 2026-02-28 08390436 2025-03-01 2026-02-28 08390436 frs-core:CurrentFinancialInstruments 2026-02-28 08390436 frs-core:Non-currentFinancialInstruments 2026-02-28 08390436 frs-core:FurnitureFittings 2026-02-28 08390436 frs-core:FurnitureFittings 2025-03-01 2026-02-28 08390436 frs-core:FurnitureFittings 2025-02-28 08390436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-02-28 08390436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 08390436 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 08390436 frs-core:PlantMachinery 2025-03-01 2026-02-28 08390436 frs-core:ShareCapital 2026-02-28 08390436 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 08390436 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 08390436 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 08390436 frs-bus:SmallEntities 2025-03-01 2026-02-28 08390436 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 08390436 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 08390436 frs-bus:Director1 2025-03-01 2026-02-28 08390436 frs-bus:Director2 2025-03-01 2026-02-28 08390436 frs-bus:Director3 2025-03-01 2026-02-28 08390436 frs-countries:EnglandWales 2025-03-01 2026-02-28 08390436 2024-02-29 08390436 2025-02-28 08390436 2024-03-01 2025-02-28 08390436 frs-core:CurrentFinancialInstruments 2025-02-28 08390436 frs-core:Non-currentFinancialInstruments 2025-02-28 08390436 frs-core:ShareCapital 2025-02-28 08390436 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 08390436
Vatax Accounting Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08390436
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 202,916 203,233
202,916 203,233
CURRENT ASSETS
Debtors 5 161,861 251,537
Cash at bank and in hand 9,446 12,448
171,307 263,985
Creditors: Amounts Falling Due Within One Year 6 (79,731 ) (88,806 )
NET CURRENT ASSETS (LIABILITIES) 91,576 175,179
TOTAL ASSETS LESS CURRENT LIABILITIES 294,492 378,412
Creditors: Amounts Falling Due After More Than One Year 7 (148,961 ) (275,324 )
NET ASSETS 145,531 103,088
CAPITAL AND RESERVES
Called up share capital 8 300 200
Profit and Loss Account 145,231 102,888
SHAREHOLDERS' FUNDS 145,531 103,088
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Page 2
For the year ending 28 February 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
Mrs Barbara Shimmen
Director
24/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Vatax Accounting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08390436 . The registered office is 18 Marsden Street, Poundbury, Dorchester, Dorset, DT1 3DH.
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: 20% depreciation
Freehold none
Plant & Machinery none
Fixtures & Fittings 20% reducing balance
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 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2025: 8)
8 8
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2025 201,650 6,037 207,687
As at 28 February 2026 201,650 6,037 207,687
Depreciation
As at 1 March 2025 - 4,454 4,454
Provided during the period - 317 317
As at 28 February 2026 - 4,771 4,771
Net Book Value
As at 28 February 2026 201,650 1,266 202,916
As at 1 March 2025 201,650 1,583 203,233
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 6,422 -
Due after more than one year
Trade debtors 155,239 251,337
Other debtors 200 200
155,439 251,537
161,861 251,537
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 2,916 -
Other creditors - 33,984
Taxation and social security 76,815 54,822
79,731 88,806
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7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Mortgage 98,900 -
Other loans - 254,324
Bounce Back Loan 2,632 -
Other creditors 47,429 21,000
148,961 275,324
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 300 200
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