Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09175066 Mr Simon Pettman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09175066 2022-12-31 09175066 2023-12-31 09175066 2023-01-01 2023-12-31 09175066 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09175066 frs-core:ShareCapital 2023-12-31 09175066 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09175066 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09175066 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 09175066 frs-bus:SmallEntities 2023-01-01 2023-12-31 09175066 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09175066 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09175066 frs-core:CostValuation 2022-12-31 09175066 frs-core:RevaluationsIncreaseDecreaseInInvestments 2023-12-31 09175066 frs-core:CostValuation 2023-12-31 09175066 frs-bus:Director1 2023-01-01 2023-12-31 09175066 frs-countries:EnglandWales 2023-01-01 2023-12-31 09175066 2021-12-31 09175066 2022-12-31 09175066 2022-01-01 2022-12-31 09175066 frs-core:ShareCapital 2022-12-31 09175066 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09175066
EAS Strategies Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 09175066
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,132 2,127
Investments 5 2,105,805 1,812,550
2,108,937 1,814,677
CURRENT ASSETS
Debtors 8,305 7,882
Cash at bank and in hand 597,328 541,647
605,633 549,529
Creditors: Amounts Falling Due Within One Year (137,282 ) (181,040 )
NET CURRENT ASSETS (LIABILITIES) 468,351 368,489
TOTAL ASSETS LESS CURRENT LIABILITIES 2,577,288 2,183,166
PROVISIONS FOR LIABILITIES
Deferred Taxation (73,314 ) (23,876 )
NET ASSETS 2,503,974 2,159,290
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 2,503,973 2,159,289
SHAREHOLDERS' FUNDS 2,503,974 2,159,290
Page 1
Page 2
For the year 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 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Simon Pettman
Director
30/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
EAS Strategies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09175066 . The registered office is Borough Yards, 13 Dirty Lane, London, SE1 9PA.
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:
Fixtures & Fittings 20% on Cost
2.4. Investment Properties
The investment in the subsidaries are the fair value based on the FRS 102 accounts of the subsidary, at the prevailing exchange rate at the period end. Changes in fair value are recognised in the profit and loss account.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.6. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Total
£
Cost
As at 1 January 2023 42,570
Additions 1,805
As at 31 December 2023 44,375
Depreciation
As at 1 January 2023 40,443
Provided during the period 800
As at 31 December 2023 41,243
Net Book Value
As at 31 December 2023 3,132
As at 1 January 2023 2,127
5. Investments
Total
£
Cost
As at 1 January 2023 1,812,550
Revaluations 293,255
As at 31 December 2023 2,105,805
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 2,105,805
As at 1 January 2023 1,812,550
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking Registered Office Holding Proportion of voting rights and shares held 
Subsidary undertakings
International Food Regulatory Services 10,000 Ordinary Shares 99% (2021: 99%)
NV Rue De l'Association 50,
Brussels
Belgium 
The principal activity of International Food Regulatory Services NV is Food Regulation
Page 4
Page 5
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
7. Reserves
Profit and loss account
The profit and loss account includes all current and prior period retained profits and losses.
Page 5