Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11863924 Mr Youngsoo Hur iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11863924 2022-12-31 11863924 2023-12-31 11863924 2023-01-01 2023-12-31 11863924 frs-core:CurrentFinancialInstruments 2023-12-31 11863924 frs-core:Non-currentFinancialInstruments 2023-12-31 11863924 frs-core:ComputerEquipment 2023-12-31 11863924 frs-core:ComputerEquipment 2023-01-01 2023-12-31 11863924 frs-core:ComputerEquipment 2022-12-31 11863924 frs-core:ShareCapital 2023-12-31 11863924 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11863924 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11863924 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11863924 frs-bus:SmallEntities 2023-01-01 2023-12-31 11863924 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11863924 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11863924 frs-bus:Director1 2023-01-01 2023-12-31 11863924 1 2023-01-01 2023-12-31 11863924 frs-countries:EnglandWales 2023-01-01 2023-12-31 11863924 2021-12-31 11863924 2022-12-31 11863924 2022-01-01 2022-12-31 11863924 frs-core:CurrentFinancialInstruments 2022-12-31 11863924 frs-core:Non-currentFinancialInstruments 2022-12-31 11863924 frs-core:ShareCapital 2022-12-31 11863924 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 11863924 1 2022-01-01 2022-12-31
Registered number: 11863924
Yshur Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11863924
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 256
Investments 1,850 1,850
1,850 2,106
CURRENT ASSETS
Debtors 5 3,420,053 3,413,288
Cash at bank and in hand 33,628 47,698
3,453,681 3,460,986
NET CURRENT ASSETS (LIABILITIES) 3,453,681 3,460,986
TOTAL ASSETS LESS CURRENT LIABILITIES 3,455,531 3,463,092
NET ASSETS 3,455,531 3,463,092
CAPITAL AND RESERVES
Called up share capital 3,501,000 3,501,000
Profit and Loss Account (45,469 ) (37,908 )
SHAREHOLDERS' FUNDS 3,455,531 3,463,092
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Page 2
For the year ending 31 December 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 his 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
Mr Youngsoo Hur
Director
7 August 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
Yshur Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 11863924 . The registered office is 24 Greville Street, London, England, EC1N 8SS.
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. 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:
Computer equipment 25% straight line method
2.3. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax
Deferred tax has not been recognised as it is not material to the financial statements. The director will review this annually.
2.4. Not trading
The company did not trade for the year.
3. Average Number of Employees
2023 2022
Average number of employees, including directors, during the year 1 1
1 1
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4. Tangible Assets
Computer equipment
£
Cost
As at 1 January 2023 1,683
As at 31 December 2023 1,683
Depreciation
As at 1 January 2023 1,427
Provided during the period 256
As at 31 December 2023 1,683
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 256
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 1,100 1,100
1,100 1,100
Due after more than one year
Amounts owed by group undertakings 3,418,953 3,412,188
3,418,953 3,412,188
3,420,053 3,413,288
6. Directors Advances, Credits and Guarantees
Included within Debtors are loans made to a director. The balance at the year end was £1,000 (2022: £1,000).
The above loan is unsecured, interest free and repayable on demand.
7. Related Party Transactions
The total amounts due from the subsidiary companies at the year end was £3,418,953 (2022: £3,412,188).
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