Acorah Software Products - Accounts Production 14.5.501 false true false 7 November 2022 31 December 2023 31 December 2023 14464874 Karl Takayuki Freigang Gregor Kreuzar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14464874 2022-11-06 14464874 2023-12-31 14464874 2022-11-07 2023-12-31 14464874 frs-core:CurrentFinancialInstruments 2023-12-31 14464874 frs-core:ComputerEquipment 2023-12-31 14464874 frs-core:ComputerEquipment 2022-11-07 2023-12-31 14464874 frs-core:ComputerEquipment 2022-11-06 14464874 frs-core:ShareCapital 2023-12-31 14464874 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14464874 frs-bus:PrivateLimitedCompanyLtd 2022-11-07 2023-12-31 14464874 frs-bus:FilletedAccounts 2022-11-07 2023-12-31 14464874 frs-bus:SmallEntities 2022-11-07 2023-12-31 14464874 frs-bus:AuditExempt-NoAccountantsReport 2022-11-07 2023-12-31 14464874 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-07 2023-12-31 14464874 frs-bus:Director1 2022-11-07 2023-12-31 14464874 frs-bus:Director2 2022-11-07 2023-12-31 14464874 frs-countries:EnglandWales 2022-11-07 2023-12-31
Registered number: 14464874
Qashqade UK Ltd
Financial Statements
For the Period 7 November 2022 to 31 December 2023
Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 14464874
31 December 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 3,737
3,737
CURRENT ASSETS
Debtors 5 47,745
Cash at bank and in hand 19,325
67,070
Creditors: Amounts Falling Due Within One Year 6 (30,165 )
NET CURRENT ASSETS (LIABILITIES) 36,905
TOTAL ASSETS LESS CURRENT LIABILITIES 40,642
PROVISIONS FOR LIABILITIES
Deferred Taxation (710 )
NET ASSETS 39,932
CAPITAL AND RESERVES
Called up share capital 7 1,000
Income Statement 38,932
SHAREHOLDERS' FUNDS 39,932
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For the period ending 31 December 2023 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
Karl Takayuki Freigang
Director
08/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Qashqade UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14464874 . The registered office is 106-108, Ashbourne Road,, Derby, England, DE22 3AG.
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. 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:
Computer Equipment 33% Straight Line
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 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 period was: 11
11
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4. Tangible Assets
Computer Equipment
£
Cost
As at 7 November 2022 -
Additions 5,605
As at 31 December 2023 5,605
Depreciation
As at 7 November 2022 -
Provided during the period 1,868
As at 31 December 2023 1,868
Net Book Value
As at 31 December 2023 3,737
As at 7 November 2022 -
5. Debtors
31 December 2023
£
Due within one year
Trade debtors 47,617
Net wages 128
47,745
6. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Corporation tax 8,405
Other taxes and social security 21,760
30,165
7. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 1,000
8. Related Party Transactions
Included in trade debtors is a balance of £47,617.12 owed from Qashqade AG, based in Switzerland. 
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