Acorah Software Products - Accounts Production 18.1.200 false true 30 November 2024 1 December 2023 false 1 December 2024 30 November 2025 30 November 2025 09881540 Mr MARCO BASILE iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09881540 2024-11-30 09881540 2025-11-30 09881540 2024-12-01 2025-11-30 09881540 frs-core:CurrentFinancialInstruments 2025-11-30 09881540 frs-core:Non-currentFinancialInstruments 2025-11-30 09881540 frs-core:ComputerEquipment 2025-11-30 09881540 frs-core:ComputerEquipment 2024-12-01 2025-11-30 09881540 frs-core:ComputerEquipment 2024-11-30 09881540 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2025-11-30 09881540 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-01 2025-11-30 09881540 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-11-30 09881540 frs-core:FurnitureFittings 2025-11-30 09881540 frs-core:FurnitureFittings 2024-12-01 2025-11-30 09881540 frs-core:FurnitureFittings 2024-11-30 09881540 frs-core:ShareCapital 2025-11-30 09881540 frs-core:RetainedEarningsAccumulatedLosses 2025-11-30 09881540 frs-bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 09881540 frs-bus:FilletedAccounts 2024-12-01 2025-11-30 09881540 frs-bus:SmallEntities 2024-12-01 2025-11-30 09881540 frs-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 09881540 frs-bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 09881540 frs-bus:Director1 2024-12-01 2025-11-30 09881540 frs-countries:EnglandWales 2024-12-01 2025-11-30 09881540 2023-11-30 09881540 2024-11-30 09881540 2023-12-01 2024-11-30 09881540 frs-core:CurrentFinancialInstruments 2024-11-30 09881540 frs-core:Non-currentFinancialInstruments 2024-11-30 09881540 frs-core:ShareCapital 2024-11-30 09881540 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30
Registered number: 09881540
GOURMEAT LTD
Unaudited Financial Statements
For The Year Ended 30 November 2025
VERTICE ITALY LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09881540
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 384,560 276,000
Tangible Assets 5 - 2,021
384,560 278,021
CURRENT ASSETS
Stocks 6 27,729 20,179
Debtors 7 99,471 109,204
Investments 8 4,000 4,000
Cash at bank and in hand 390,947 201,426
522,147 334,809
Creditors: Amounts Falling Due Within One Year 9 (106,009 ) (59,817 )
NET CURRENT ASSETS (LIABILITIES) 416,138 274,992
TOTAL ASSETS LESS CURRENT LIABILITIES 800,698 553,013
Creditors: Amounts Falling Due After More Than One Year 10 (78,717 ) (39,834 )
NET ASSETS 721,981 513,179
CAPITAL AND RESERVES
Called up share capital 11 100,000 100,000
Profit and Loss Account 621,981 413,179
SHAREHOLDERS' FUNDS 721,981 513,179
Page 1
Page 2
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 MARCO BASILE
Director
06/08/2026
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
GOURMEAT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09881540 . The registered office is 13 St. Swithin's Lane,, 2nd Floor,, London, EC4N 8AL.
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 - Intellectual Property
Intellectual property assets are related to the purchase od two registered Trade Marks "GourmEAT" and "Bella di Latte" It is amortised at 4% per year.
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:
Fixtures & Fittings 25% Straight Lines
Computer Equipment 25% Straight Lines
2.5. 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.
2.6. 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.
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 December 2024 300,000
Additions 125,583
As at 30 November 2025 425,583
Amortisation
As at 1 December 2024 24,000
Provided during the period 17,023
As at 30 November 2025 41,023
Net Book Value
As at 30 November 2025 384,560
As at 1 December 2024 276,000
Purchased Registered Trade Mark:
- GourmEAT £300,000 
- Bella di Latte £125,585
Page 4
Page 5
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2024 2,491 4,115 6,606
As at 30 November 2025 2,491 4,115 6,606
Depreciation
As at 1 December 2024 1,915 2,670 4,585
Provided during the period 576 1,445 2,021
As at 30 November 2025 2,491 4,115 6,606
Net Book Value
As at 30 November 2025 - - -
As at 1 December 2024 576 1,445 2,021
6. Stocks
2025 2024
£ £
Stock 27,729 20,179
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 22,031 22,031
Other debtors 77,440 87,173
99,471 109,204
8. Current Asset Investments
2025 2024
£ £
Short term deposits 4,000 4,000
Loans to others - related to Nonna Bionda Ltd - £4000
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 -
Other creditors 38,210 -
Taxation and social security 67,798 59,817
106,009 59,817
Page 5
Page 6
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - Barclays 5 years loan 78,717 6,220
Other creditors - 33,614
78,717 39,834
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100,000 100,000
Page 6