Acorah Software Products - Accounts Production 14.5.601 false true true false 10 March 2022 31 March 2023 31 March 2023 13967679 Dr Michael Mbogoro Mrs Veronica Mbogoro Dr Jane Mukirae iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13967679 2022-03-09 13967679 2023-03-31 13967679 2022-03-10 2023-03-31 13967679 frs-core:CurrentFinancialInstruments 2023-03-31 13967679 frs-core:ShareCapital 2023-03-31 13967679 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 13967679 frs-bus:PrivateLimitedCompanyLtd 2022-03-10 2023-03-31 13967679 frs-bus:FilletedAccounts 2022-03-10 2023-03-31 13967679 frs-bus:SmallEntities 2022-03-10 2023-03-31 13967679 frs-bus:AuditExempt-NoAccountantsReport 2022-03-10 2023-03-31 13967679 frs-bus:SmallCompaniesRegimeForAccounts 2022-03-10 2023-03-31 13967679 frs-bus:Director1 2022-03-10 2023-03-31 13967679 frs-bus:Director2 2022-03-10 2023-03-31 13967679 frs-bus:Director3 2022-03-10 2023-03-31 13967679 frs-countries:EnglandWales 2022-03-10 2023-03-31
Registered number: 13967679
Goro Investment Limited
Unaudited Financial Statements
For the Period 10 March 2022 to 31 March 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13967679
31 March 2023
Notes £ £
FIXED ASSETS
Investment Properties 4 165,000
165,000
CURRENT ASSETS
Debtors 5 150
Cash at bank and in hand 4,141
4,291
Creditors: Amounts Falling Due Within One Year 6 (181,847 )
NET CURRENT ASSETS (LIABILITIES) (177,556 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,556 )
NET LIABILITIES (12,556 )
CAPITAL AND RESERVES
Called up share capital 7 150
Profit and Loss Account (12,706 )
SHAREHOLDERS' FUNDS (12,556)
For the period ending 31 March 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 Profit and Loss Account.
On behalf of the board
Dr Michael Mbogoro
Director
17/04/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Goro Investment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13967679 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Investment Property
31 March 2023
£
Fair Value
As at 10 March 2022 -
Additions 168,950
Revaluations (3,950)
As at 31 March 2023 165,000
5. Debtors
31 March 2023
£
Due within one year
Other debtors 150
150
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
31 March 2023
£
Other creditors 216
Accruals and deferred income 644
Directors' loan accounts 180,987
181,847
7. Share Capital
31 March 2023
£
Allotted, Called up and fully paid 150
Page 3