Acorah Software Products - Accounts Production 14.5.601 false true true false 23 May 2022 31 March 2023 31 March 2023 14125778 Miss Julia Mendez iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14125778 2022-05-22 14125778 2023-03-31 14125778 2022-05-23 2023-03-31 14125778 frs-core:CurrentFinancialInstruments 2023-03-31 14125778 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-03-31 14125778 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-05-23 2023-03-31 14125778 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-05-22 14125778 frs-core:InvestmentPropertyIncludedWithinPPE 2022-05-23 2023-03-31 14125778 frs-core:ShareCapital 2023-03-31 14125778 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 14125778 frs-bus:PrivateLimitedCompanyLtd 2022-05-23 2023-03-31 14125778 frs-bus:FilletedAccounts 2022-05-23 2023-03-31 14125778 frs-bus:SmallEntities 2022-05-23 2023-03-31 14125778 frs-bus:AuditExempt-NoAccountantsReport 2022-05-23 2023-03-31 14125778 frs-bus:SmallCompaniesRegimeForAccounts 2022-05-23 2023-03-31 14125778 frs-bus:Director1 2022-05-23 2023-03-31 14125778 frs-core:CurrentFinancialInstruments 1 2023-03-31 14125778 frs-core:CurrentFinancialInstruments 2 2023-03-31 14125778 frs-countries:EnglandWales 2022-05-23 2023-03-31
Registered number: 14125778
ILADART LIMITED
Unaudited Financial Statements
For the Period 23 May 2022 to 31 March 2023
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14125778
31 March 2023
Notes £ £
FIXED ASSETS
Intangible Assets 4 3,718,044
3,718,044
CURRENT ASSETS
Stocks 5 2,481,667
Debtors 6 481,288
2,962,955
NET CURRENT ASSETS (LIABILITIES) 2,962,955
TOTAL ASSETS LESS CURRENT LIABILITIES 6,680,999
NET ASSETS 6,680,999
CAPITAL AND RESERVES
Called up share capital 7 6,728,086
Profit and Loss Account (47,087 )
SHAREHOLDERS' FUNDS 6,680,999
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
Miss Julia Mendez
Director
19/12/2023
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
ILADART LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 14125778 . The registered office is 20-23 Holborn, Halton House, London, EC1N 2JD.
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.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are IP Rights. It is amortised to the profit and loss account over its estimated economic life of 37 years.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Intangible Assets
Intellectual Property
£
Cost
As at 23 May 2022 -
Additions 3,743,337
As at 31 March 2023 3,743,337
Amortisation
As at 23 May 2022 -
Provided during the period 25,293
As at 31 March 2023 25,293
Net Book Value
As at 31 March 2023 3,718,044
As at 23 May 2022 -
5. Stocks
31 March 2023
£
Stock 2,481,667
Page 2
Page 3
6. Debtors
31 March 2023
£
Due within one year
Shareholder Loan - Babatete SL 174,151
Shareholder Loan - Snowbreeze SL 69,377
Shareholder Loan - Juan González-Quirós y Corujo 237,760
481,288
7. Share Capital
31 March 2023
£
Allotted, Called up and fully paid 6,728,086
Page 3