Acorah Software Products - Accounts Production 14.6.300 false true true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 05703951 Ms Maria Papaioannou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05703951 2023-02-28 05703951 2024-02-28 05703951 2023-03-01 2024-02-28 05703951 frs-core:CurrentFinancialInstruments 2024-02-28 05703951 frs-core:ShareCapital 2024-02-28 05703951 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 05703951 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 05703951 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 05703951 frs-bus:SmallEntities 2023-03-01 2024-02-28 05703951 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 05703951 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 05703951 frs-bus:Director1 2023-03-01 2024-02-28 05703951 frs-countries:EnglandWales 2023-03-01 2024-02-28 05703951 2022-02-28 05703951 2023-02-28 05703951 2022-03-01 2023-02-28 05703951 frs-core:CurrentFinancialInstruments 2023-02-28 05703951 frs-core:ShareCapital 2023-02-28 05703951 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 05703951
Grantol Investments Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
TMH Financial Services Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 05703951
2024 2023
Notes $ $ $ $
CURRENT ASSETS
Investments 4 20,000,000 20,000,000
20,000,000 20,000,000
Creditors: Amounts Falling Due Within One Year 5 (30,298,144 ) (30,296,856 )
NET CURRENT ASSETS (LIABILITIES) (10,298,144 ) (10,296,856 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,298,144 ) (10,296,856 )
NET LIABILITIES (10,298,144 ) (10,296,856 )
CAPITAL AND RESERVES
Called up share capital 6 1,740 1,740
Profit and Loss Account (10,299,884 ) (10,298,596 )
SHAREHOLDERS' FUNDS (10,298,144) (10,296,856)
For the year ending 28 February 2024 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 Maria Papaioannou
Director
13 August 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Grantol Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05703951 . The registered office is 85 Great Portland Street, London, W1W 7LT.
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 accounts have been prepared on a going concern basis, which is dependent upon the continuing financial support of loan creditors falling due within one year. The loan creditor, who has pledged that they will not demand repayment of loans totalling $30.3m for the foreseeable future.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into united states dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into united states dollars at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially 
measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are 
not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. 
Dividends on equity securities are recognised in income when receivable.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Current Asset Investments
2024 2023
$ $
Shares in subsidiaries 20,000,000 20,000,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
$ $
Other creditors 68,002 66,714
Other loans 30,230,142 30,230,142
30,298,144 30,296,856
6. Share Capital
2024 2023
$ $
Allotted, Called up and fully paid 1,740 1,740
Page 2