Acorah Software Products - Accounts Production 15.0.400 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12932890 Mr Craig Miller Ms Nina Van Der Wiel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12932890 2022-10-31 12932890 2023-10-31 12932890 2022-11-01 2023-10-31 12932890 frs-core:CurrentFinancialInstruments 2023-10-31 12932890 frs-core:Non-currentFinancialInstruments 2023-10-31 12932890 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 12932890 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 12932890 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-31 12932890 frs-core:ShareCapital 2023-10-31 12932890 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12932890 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12932890 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12932890 frs-bus:SmallEntities 2022-11-01 2023-10-31 12932890 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12932890 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12932890 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 12932890 frs-bus:OrdinaryShareClass1 2023-10-31 12932890 frs-bus:Director1 2022-11-01 2023-10-31 12932890 frs-bus:Director2 2022-11-01 2023-10-31 12932890 frs-countries:EnglandWales 2022-11-01 2023-10-31 12932890 2021-10-31 12932890 2022-10-31 12932890 2021-11-01 2022-10-31 12932890 frs-core:CurrentFinancialInstruments 2022-10-31 12932890 frs-core:Non-currentFinancialInstruments 2022-10-31 12932890 frs-core:ShareCapital 2022-10-31 12932890 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 12932890 frs-bus:OrdinaryShareClass1 2021-11-01 2022-10-31
Registered number: 12932890
Cwnx2 Investments Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
More Group (Accounting) Limited
Unaudited Financial Statements
Contents
Page
Company Information 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Company Information
Directors Mr Craig Miller
Ms Nina Van Der Wiel
Company Number 12932890
Registered Office 65 Compton Street
London
EC1V 0BN
Accountants More Group (Accounting) Limited
65 Compton Street
London
EC1V 0BN
Page 1
Page 2
Balance Sheet
Registered number: 12932890
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 520,400 520,400
520,400 520,400
Creditors: Amounts Falling Due Within One Year 5 (325,969 ) (257,184 )
NET CURRENT ASSETS (LIABILITIES) (325,969 ) (257,184 )
TOTAL ASSETS LESS CURRENT LIABILITIES 194,431 263,216
Creditors: Amounts Falling Due After More Than One Year 6 (200,000 ) (270,000 )
NET LIABILITIES (5,569 ) (6,784 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (5,669 ) (6,884 )
SHAREHOLDERS' FUNDS (5,569) (6,784)
For the year ending 31 October 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.
The financial statements were approved by the board of directors on 26 July 2024 and were signed on its behalf by:
Ms Nina Van Der Wiel
Director
26/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cwnx2 Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12932890 . The registered office is 65 Compton Street, London, EC1V 0BN.
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
These accounts have been prepared on the going concern basis, on the understanding that the Director will continue to financially support the company during this uncertain period.
2.3. 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.
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.
2.4. 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:
Freehold Nil
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 November 2022 520,400
As at 31 October 2023 520,400
Net Book Value
As at 31 October 2023 520,400
As at 1 November 2022 520,400
The directors are of the opinion that, the book value of the investment properties is representating the fair value as at the balance sheet date, therefore no independent valuation is required. The directors will analyse to revalue the investment properties again next year.
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Directors' loan accounts 325,969 257,184
325,969 257,184
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 200,000 270,000
200,000 270,000
7. Share Capital
2023 2022
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 100.00 each 100 100
Page 4