Acorah Software Products - Accounts Production 14.6.300 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12094597 Ms Evelyne Sodogandji iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12094597 2022-10-31 12094597 2023-10-31 12094597 2022-11-01 2023-10-31 12094597 frs-core:CurrentFinancialInstruments 2023-10-31 12094597 frs-core:Non-currentFinancialInstruments 2023-10-31 12094597 frs-core:ShareCapital 2023-10-31 12094597 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12094597 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12094597 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12094597 frs-bus:SmallEntities 2022-11-01 2023-10-31 12094597 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12094597 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12094597 frs-bus:Director1 2022-11-01 2023-10-31 12094597 frs-countries:EnglandWales 2022-11-01 2023-10-31 12094597 2021-10-31 12094597 2022-10-31 12094597 2021-11-01 2022-10-31 12094597 frs-core:CurrentFinancialInstruments 2022-10-31 12094597 frs-core:Non-currentFinancialInstruments 2022-10-31 12094597 frs-core:ShareCapital 2022-10-31 12094597 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 12094597 frs-core:Non-currentFinancialInstruments 2 2022-10-31
Registered number: 12094597
Sotadem Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
TaxAssist Accountants Enfield
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12094597
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 32,543 32,543
Cash at bank and in hand 1,933 931
34,476 33,474
Creditors: Amounts Falling Due Within One Year 5 (40,247 ) (31,843 )
NET CURRENT ASSETS (LIABILITIES) (5,771 ) 1,631
TOTAL ASSETS LESS CURRENT LIABILITIES (5,771 ) 1,631
Creditors: Amounts Falling Due After More Than One Year 6 (42,653 ) (43,500 )
NET LIABILITIES (48,424 ) (41,869 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (48,425 ) (41,870 )
SHAREHOLDERS' FUNDS (48,424) (41,869)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Evelyne Sodogandji
Director
29/07/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sotadem Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12094597 . The registered office is 3rd Floor 24 Old Bond Street, London, W1S 4AP.
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. 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.
3. Average Number of Employees
11Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 29,092 29,092
Other debtors 3,451 3,451
32,543 32,543
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 14,500 -
Inter company loan -Mawoda 2,000 -
Other creditors 1,599 16,099
Accruals and deferred income 2,610 3,162
Director's loan account - 12,582
Amounts owed to related parties 19,538 -
40,247 31,843
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 42,653 -
Other creditors (2) - 43,500
42,653 43,500
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 2