Acorah Software Products - Accounts Production 14.5.601 false true true false 1 August 2022 31 August 2023 31 August 2023 14267414 Mr Leendert Van Winden true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14267414 2022-07-31 14267414 2023-08-31 14267414 2022-08-01 2023-08-31 14267414 frs-core:Non-currentFinancialInstruments 2023-08-31 14267414 frs-core:ShareCapital 2023-08-31 14267414 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 14267414 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-08-31 14267414 frs-bus:FilletedAccounts 2022-08-01 2023-08-31 14267414 frs-bus:SmallEntities 2022-08-01 2023-08-31 14267414 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-08-31 14267414 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-08-31 14267414 1 2022-08-01 2023-08-31 14267414 frs-core:UnlistedNon-exchangeTraded 2023-08-31 14267414 frs-core:UnlistedNon-exchangeTraded 2022-07-31 14267414 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-07-31 14267414 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 14267414 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-08-31 14267414 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-07-31 14267414 frs-core:ImpairmentLossProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 14267414 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 14267414 frs-bus:Director1 2022-08-01 2023-08-31 14267414 frs-countries:EnglandWales 2022-08-01 2023-08-31
Registered number: 14267414
W-Ventures Investments Ltd
Financial Statements
For the Period 1 August 2022 to 31 August 2023
Lsd Accountants Ltd
Chartered Accountants
23 Stockwood Business Park
Redditch
Worcestershire
B96 6SX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14267414
31 August 2023
Notes £ £
FIXED ASSETS
Investments 4 2
2
CURRENT ASSETS
Debtors 5 750,000
Cash at bank and in hand 1
750,001
NET CURRENT ASSETS (LIABILITIES) 750,001
TOTAL ASSETS LESS CURRENT LIABILITIES 750,003
Creditors: Amounts Falling Due After More Than One Year 6 (3,284,275 )
NET LIABILITIES (2,534,272 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (2,534,273 )
SHAREHOLDERS' FUNDS (2,534,272)
For the period ending 31 August 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 Leendert Van Winden
Director
30/04/2024
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
W-Ventures Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14267414 . The registered office is 23 Stockwood Business Park, Stockwood, Redditch, B96 6SX.
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 company has the support of its parent company and as such, the going concern basis remains appropriate.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investments
Unlisted
£
Cost
As at 1 August 2022 -
Additions 2,500,000
As at 31 August 2023 2,500,000
Provision
As at 1 August 2022 -
Impairment losses 2,499,998
As at 31 August 2023 2,499,998
Net Book Value
As at 31 August 2023 2
As at 1 August 2022 -
Investments measured at fair value, with changes in fair value recognised in profit and loss where those values can be measured reliably.  
5. Debtors
31 August 2023
£
Due after more than one year
Amounts owed by group undertakings 750,000
6. Creditors: Amounts Falling Due After More Than One Year
31 August 2023
£
Amounts owed to participating interests 3,284,275
Page 2
Page 3
7. Share Capital
31 August 2023
£
Allotted, Called up and fully paid 1
8. Ultimate Parent Undertaking and Controlling Party
The company is a wholly owned subsidiary of W1 Holding BV, a company registered in The Netherlands. 
Page 3