Acorah Software Products - Accounts Production 15.0.400 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 13256685 Mr Mark Payne Mr Patrick Winston iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13256685 2023-03-31 13256685 2024-03-31 13256685 2023-04-01 2024-03-31 13256685 frs-core:ShareCapital 2024-03-31 13256685 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13256685 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13256685 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 13256685 frs-bus:SmallEntities 2023-04-01 2024-03-31 13256685 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13256685 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13256685 frs-core:CostValuation 2023-03-31 13256685 frs-core:AdditionsToInvestments 2024-03-31 13256685 frs-core:CostValuation 2024-03-31 13256685 frs-bus:Director1 2023-04-01 2024-03-31 13256685 frs-bus:Director2 2023-04-01 2024-03-31 13256685 frs-countries:EnglandWales 2023-04-01 2024-03-31 13256685 2022-03-31 13256685 2023-03-31 13256685 2022-04-01 2023-03-31 13256685 frs-core:ShareCapital 2023-03-31 13256685 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13256685
Trakel Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 13256685
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 2,650,000 2,100,000
2,650,000 2,100,000
CURRENT ASSETS
Cash at bank and in hand 250,821 904
250,821 904
Creditors: Amounts Falling Due Within One Year - (99,999 )
NET CURRENT ASSETS (LIABILITIES) 250,821 (99,095 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,900,821 2,000,905
NET ASSETS 2,900,821 2,000,905
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 2,900,721 2,000,805
SHAREHOLDERS' FUNDS 2,900,821 2,000,905
Page 1
Page 2
For the year ending 31 March 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 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 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Mark Payne
Director
26/07/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Trakel Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13256685 . The registered office is 76 Innovation Centre, University Road, Canterbury, Kent, CT2 7FG.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Total
£
Cost
As at 1 April 2023 2,100,000
Additions 550,000
As at 31 March 2024 2,650,000
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 2,650,000
As at 1 April 2023 2,100,000
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
6. Reserves
Profit and loss account
The profit and loss account includes all current and prior period retained profits and losses.
7. Related Party Transactions
Key Personnel
At the year end, key personnel were owed nil (2023: £100,000) from the company.  This amount was unsecured, interest free and repayable on demand.
Page 3