Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 09723950 Mr Vincenzo Piscopo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09723950 2022-07-31 09723950 2023-07-31 09723950 2022-08-01 2023-07-31 09723950 frs-core:CurrentFinancialInstruments 2023-07-31 09723950 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 09723950 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-08-01 2023-07-31 09723950 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-07-31 09723950 frs-core:ShareCapital 2023-07-31 09723950 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09723950 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09723950 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 09723950 frs-bus:SmallEntities 2022-08-01 2023-07-31 09723950 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09723950 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 09723950 frs-bus:Director1 2022-08-01 2023-07-31 09723950 frs-countries:EnglandWales 2022-08-01 2023-07-31 09723950 2021-07-31 09723950 2022-07-31 09723950 2021-08-01 2022-07-31 09723950 frs-core:CurrentFinancialInstruments 2022-07-31 09723950 frs-core:ShareCapital 2022-07-31 09723950 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 09723950
Gladio Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Advoco (SW) Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09723950
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1 3,305
1 3,305
CURRENT ASSETS
Debtors 5 30,006 30,000
Cash at bank and in hand 116 186
30,122 30,186
Creditors: Amounts Falling Due Within One Year 6 (480 ) (314,335 )
NET CURRENT ASSETS (LIABILITIES) 29,642 (284,149 )
TOTAL ASSETS LESS CURRENT LIABILITIES 29,643 (280,844 )
NET ASSETS/(LIABILITIES) 29,643 (280,844 )
CAPITAL AND RESERVES
Called up share capital 7 2,000 2,000
Profit and Loss Account 27,643 (282,844 )
SHAREHOLDERS' FUNDS 29,643 (280,844)
Page 1
Page 2
For the year ending 31 July 2023 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 Vincenzo Piscopo
Director
4 April 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gladio Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09723950 . The registered office is Leanne House, 6 Avon Close, Weymouth, Dorset, DT4 9UX.
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:
Leasehold in accordance with the lease
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 August 2022 8,261
As at 31 July 2023 8,261
Depreciation
As at 1 August 2022 4,956
Provided during the period 3,304
As at 31 July 2023 8,260
Net Book Value
As at 31 July 2023 1
As at 1 August 2022 3,305
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 30,006 30,000
30,006 30,000
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors - 245,513
Accrued expenses 480 863
Amounts owed to group undertakings - 67,959
480 314,335
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2,000 2,000
Page 4