Acorah Software Products - Accounts Production 14.6.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC446361 Mr C Bertelli iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC446361 2023-04-30 SC446361 2024-04-30 SC446361 2023-05-01 2024-04-30 SC446361 frs-core:CurrentFinancialInstruments 2024-04-30 SC446361 frs-core:Non-currentFinancialInstruments 2024-04-30 SC446361 frs-core:ShareCapital 2024-04-30 SC446361 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC446361 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC446361 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC446361 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC446361 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC446361 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC446361 frs-core:ListedExchangeTraded 2024-04-30 SC446361 frs-core:ListedExchangeTraded 2023-04-30 SC446361 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-04-30 SC446361 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-04-30 SC446361 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-04-30 SC446361 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-04-30 SC446361 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-04-30 SC446361 frs-bus:Director1 2023-05-01 2024-04-30 SC446361 frs-countries:Scotland 2023-05-01 2024-04-30 SC446361 2022-04-30 SC446361 2023-04-30 SC446361 2022-05-01 2023-04-30 SC446361 frs-core:CurrentFinancialInstruments 2023-04-30 SC446361 frs-core:Non-currentFinancialInstruments 2023-04-30 SC446361 frs-core:ShareCapital 2023-04-30 SC446361 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC446361
Esank Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Director Mr C Bertelli
Company Number SC446361
Registered Office 9a Tinto Place
Edinburgh
EH6 5GD
Page 1
Page 2
Balance Sheet
Registered number: SC446361
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 8,930 15,215
8,930 15,215
CURRENT ASSETS
Debtors 5 301,288 176,880
Cash at bank and in hand 41,658 97,485
342,946 274,365
NET CURRENT ASSETS (LIABILITIES) 342,946 274,365
TOTAL ASSETS LESS CURRENT LIABILITIES 351,876 289,580
Creditors: Amounts Falling Due After More Than One Year 6 (30,538 ) (37,002 )
NET ASSETS 321,338 252,578
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 321,337 252,577
SHAREHOLDERS' FUNDS 321,338 252,578
Page 2
Page 3
For the year ending 30 April 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 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 C Bertelli
Director
24/06/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Esank Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC446361 . The registered office is 9a Tinto Place, Edinburgh, EH6 5GD.
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. 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.3. 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
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Listed
£
Cost
As at 1 May 2023 15,215
Revaluations (6,285 )
As at 30 April 2024 8,930
Provision
As at 1 May 2023 -
As at 30 April 2024 -
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 April 2024 8,930
As at 1 May 2023 15,215
Company holds 16.33% of ordinary share capital in Fio Gaz Sanayi Ve Ticaret A.S., a company registered in Turkey.
5. Debtors
2024 2023
£ £
Due within one year
Loans <1yr 301,288 176,880
Loans represents:
i) £301,288 loan from shareholder at 0.5% loan interest
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Loans >1yr 30,538 37,002
Loans represents:
i) £30,538 interest free loan is due to Entropia Stiftung, a company registered in Liechtenstein.
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5