Acorah Software Products - Accounts Production 16.6.920 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06199984 Mrs Angela Coleman Mrs Shreya Hyde-Smith Mrs Shreya Hyde-Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06199984 2024-03-31 06199984 2025-03-31 06199984 2024-04-01 2025-03-31 06199984 frs-core:CurrentFinancialInstruments 2025-03-31 06199984 frs-core:Non-currentFinancialInstruments 2025-03-31 06199984 frs-core:ComputerEquipment 2025-03-31 06199984 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06199984 frs-core:ComputerEquipment 2024-03-31 06199984 frs-core:FurnitureFittings 2025-03-31 06199984 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06199984 frs-core:FurnitureFittings 2024-03-31 06199984 frs-core:MotorVehicles 2025-03-31 06199984 frs-core:MotorVehicles 2024-04-01 2025-03-31 06199984 frs-core:MotorVehicles 2024-03-31 06199984 frs-core:PlantMachinery 2025-03-31 06199984 frs-core:PlantMachinery 2024-04-01 2025-03-31 06199984 frs-core:PlantMachinery 2024-03-31 06199984 frs-core:ShareCapital 2025-03-31 06199984 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06199984 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06199984 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06199984 frs-bus:SmallEntities 2024-04-01 2025-03-31 06199984 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06199984 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06199984 frs-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 06199984 frs-bus:OrdinaryShareClass1 2025-03-31 06199984 frs-core:CostValuation 2024-03-31 06199984 frs-core:CostValuation 2025-03-31 06199984 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 06199984 frs-core:ProvisionsForImpairmentInvestments 2025-03-31 06199984 frs-bus:Director1 2024-04-01 2025-03-31 06199984 frs-bus:Director1 2024-03-31 06199984 frs-bus:Director1 2025-03-31 06199984 frs-bus:Director2 2024-04-01 2025-03-31 06199984 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06199984 frs-countries:EnglandWales 2024-04-01 2025-03-31 06199984 2023-03-31 06199984 2024-03-31 06199984 2023-04-01 2024-03-31 06199984 frs-core:CurrentFinancialInstruments 2024-03-31 06199984 frs-core:Non-currentFinancialInstruments 2024-03-31 06199984 frs-core:MotorVehicles 2023-04-01 2024-03-31 06199984 frs-core:ShareCapital 2024-03-31 06199984 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06199984 frs-bus:OrdinaryShareClass1 2023-04-01 2024-03-31
Registered number: 06199984
Ivista Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—7
Page 1
Statement of Financial Position
Registered number: 06199984
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 94,513 41,760
Investments 5 21,976 21,976
116,489 63,736
CURRENT ASSETS
Stocks 6 650 1,206
Debtors 7 406,394 267,153
Cash at bank and in hand 244,701 191,560
651,745 459,919
Creditors: Amounts Falling Due Within One Year 8 (285,828 ) (204,946 )
NET CURRENT ASSETS (LIABILITIES) 365,917 254,973
TOTAL ASSETS LESS CURRENT LIABILITIES 482,406 318,709
Creditors: Amounts Falling Due After More Than One Year 9 (43,630 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (15,869 ) (9,976 )
NET ASSETS 422,907 308,733
CAPITAL AND RESERVES
Called up share capital 11 100 100
Income Statement 422,807 308,633
SHAREHOLDERS' FUNDS 422,907 308,733
Page 1
Page 2
For the year ending 31 March 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
Mrs Angela Coleman
Director
18 November 2025
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Ivista Limited is a private company, limited by shares. It is incorporated in England & Wales, under a registered number of 06199984 . The registered office is 5 Lancaster Court, Coronation Road, High Wycombe, Buckinghamshire, HP12 3TD.
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.
The company is exempt from the requirement to prepare consolidated financial statements by virtue of Section 399(2A) of the Companies Act 2006. Consequently, these financial statements deal with the results of the company as a single entity.
2.2. Turnover
Turnover is measured at the fair value of consideration received or receivable, net of discounts and value added taxes, is earned from the rendering of digital display goods and services and is recognised by reference to the stage of completion of the underlying contract. 
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 33% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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 income statement 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 income statement as incurred.
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. 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. Financial Instruments
Basic financial instruments are recognised at amortised cost using the effective interest method.
2.7. 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.
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2.8. 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 income statement 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 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 the income statement, except when they relate 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.
2.9. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
2.10. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
2.11. Research and Development Expenditure
All expenditure incurred on research and development is charged to the income statement as it is incurred.
2.12. Investments in Subsidiary Undertakings
Investments in subsidiary undertakings are shown at historical cost less provision for impairments in value.
2.13. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
The average number of employees, including directors, during the year was: 9 (2024: 8)
9 8
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 896 43,294 23,953 35,123 103,266
Additions - 68,176 4,414 7,639 80,229
Disposals - (16,894 ) - - (16,894 )
As at 31 March 2025 896 94,576 28,367 42,762 166,601
Depreciation
As at 1 April 2024 845 23,747 17,209 19,705 61,506
Provided during the period 19 15,633 2,344 5,408 23,404
Disposals - (12,822 ) - - (12,822 )
As at 31 March 2025 864 26,558 19,553 25,113 72,088
Net Book Value
As at 31 March 2025 32 68,018 8,814 17,649 94,513
As at 1 April 2024 51 19,547 6,744 15,418 41,760
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 56,206 -
5. Investments
Subsidiaries
£
Cost
As at 1 April 2024 21,976
As at 31 March 2025 21,976
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 21,976
As at 1 April 2024 21,976
6. Stocks
2025 2024
£ £
Materials 650 1,206
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 351,859 198,444
Other debtors 51,535 65,709
403,394 264,153
Due after more than one year
Other debtors 3,000 3,000
406,394 267,153
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,728 -
Trade creditors 51,761 62,024
Other creditors 101,190 74,025
Taxation and social security 126,149 68,897
285,828 204,946
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 43,630 -
10. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances.
2025 2024
£ £
Other timing differences 15,869 9,976
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
12. Other Commitments
At the end of the period the company's commitments, guarantees and contingencies totalled £43,596 (2024: £87,795).
13. 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 £1,539 (2024: £1,409) were due to the fund. They are included in Other Creditors.
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14. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mrs Angela Coleman - 203 - - 203
The above loan is unsecured, interest free and repayable on demand.
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