Acorah Software Products - Accounts Production 15.0.500 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13198044 Mrs Kyriacou Skordis Mr Egor Tchistiakov Mr Egor Tchistiakov and Mr Alexandre Tchistiakov true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13198044 2023-02-28 13198044 2024-02-29 13198044 2023-03-01 2024-02-29 13198044 frs-core:CurrentFinancialInstruments 2024-02-29 13198044 frs-core:ShareCapital 2024-02-29 13198044 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13198044 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13198044 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13198044 frs-bus:SmallEntities 2023-03-01 2024-02-29 13198044 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13198044 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13198044 1 2023-03-01 2024-02-29 13198044 frs-core:CostValuation 2023-02-28 13198044 frs-core:AdditionsToInvestments 2024-02-29 13198044 frs-core:CostValuation 2024-02-29 13198044 frs-core:ProvisionsForImpairmentInvestments 2023-02-28 13198044 frs-core:ProvisionsForImpairmentInvestments 2024-02-29 13198044 frs-core:UnlistedNon-exchangeTraded 2024-02-29 13198044 frs-core:UnlistedNon-exchangeTraded 2023-02-28 13198044 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-02-28 13198044 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 13198044 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-02-29 13198044 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-02-28 13198044 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-02-29 13198044 frs-bus:Director1 2023-03-01 2024-02-29 13198044 frs-bus:Director2 2023-03-01 2024-02-29 13198044 frs-countries:EnglandWales 2023-03-01 2024-02-29 13198044 2022-02-28 13198044 2023-02-28 13198044 2022-03-01 2023-02-28 13198044 frs-core:CurrentFinancialInstruments 2023-02-28 13198044 frs-core:ShareCapital 2023-02-28 13198044 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13198044
Cone Holdings Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13198044
2024 2023
Notes
FIXED ASSETS
Investments 4 55,028 25,028
55,028 25,028
CURRENT ASSETS
Cash at bank and in hand 4,362 4,392
4,362 4,392
Creditors: Amounts Falling Due Within One Year 5 (60,894 ) (26,606 )
NET CURRENT ASSETS (LIABILITIES) (56,532 ) (22,214 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,504 ) 2,814
PROVISIONS FOR LIABILITIES
Provisions For Charges (3,465 ) (2,230 )
NET (LIABILITIES)/ASSETS (4,969 ) 584
CAPITAL AND RESERVES
Called up share capital 6 5,948 5,948
Income Statement (10,917 ) (5,364 )
SHAREHOLDERS' FUNDS (4,969) 584
Page 1
Page 2
For the year ending 29 February 2024 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 Income Statement.
On behalf of the board
Mr Egor Tchistiakov
Director
11 July 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
Cone Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13198044 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared in Euro (€), which is the functional currency of the entity.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis on the grounds that the company's shareholders will continue to support the company over the following twelve months at least.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into Euro at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
There is no corporation tax liability as the company incurred trade losses.
2.5. Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and where material are subsequently measured at amortised cost using the effective interest method, less any impairment.
2.6. Basic financial liabilities
Basic financial liabilities, including trade and other payables and loans from company undertakings that are classified as debt are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest.
2.7. Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Subsidiaries Unlisted Total
Cost
As at 1 March 2023 25,028 1,500 26,528
Additions 30,000 - 30,000
As at 29 February 2024 55,028 1,500 56,528
Provision
As at 1 March 2023 - 1,500 1,500
As at 29 February 2024 - 1,500 1,500
Net Book Value
As at 29 February 2024 55,028 - 55,028
As at 1 March 2023 25,028 - 25,028
Page 3
Page 4
The Company accounts for its investments in subsidiaries, associates and jointly controlled entities at cost, adjusted for any accumulated impairment losses. 
Under the provision of section 399 of the Companies Act 2006, the Company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the Company as an individual entity.
5. Creditors: Amounts Falling Due Within One Year
2024 2023
Directors' loan accounts 60,894 26,606
6. Share Capital
2024 2023
Allotted, Called up and fully paid 5,948 5,948
Share capital consists of 5,000 ordinary shares of £1 each, totalling £5,000 (€5,948).
7. Ultimate Controlling Party
The company's ultimate controlling parties are Mr Egor Tchistiakov and Mr Alexandre Tchistiakov by virtue of their ownership of the issued share capital in the Company.
Page 4