Acorah Software Products - Accounts Production 14.6.300 false true false 25 August 2022 31 December 2023 31 December 2023 14317184 Mrs Annalisa Macri' iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14317184 2022-08-24 14317184 2023-12-31 14317184 2022-08-25 2023-12-31 14317184 frs-core:CurrentFinancialInstruments 2023-12-31 14317184 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 14317184 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-08-25 2023-12-31 14317184 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-08-24 14317184 frs-core:ShareCapital 2023-12-31 14317184 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14317184 frs-bus:PrivateLimitedCompanyLtd 2022-08-25 2023-12-31 14317184 frs-bus:FilletedAccounts 2022-08-25 2023-12-31 14317184 frs-bus:SmallEntities 2022-08-25 2023-12-31 14317184 frs-bus:AuditExempt-NoAccountantsReport 2022-08-25 2023-12-31 14317184 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-25 2023-12-31 14317184 frs-core:CostValuation 2022-08-24 14317184 frs-core:AdditionsToInvestments 2023-12-31 14317184 frs-core:CostValuation 2023-12-31 14317184 frs-core:ProvisionsForImpairmentInvestments 2022-08-24 14317184 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 14317184 frs-core:UnlistedNon-exchangeTraded 2023-12-31 14317184 frs-core:UnlistedNon-exchangeTraded 2022-08-24 14317184 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-08-24 14317184 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 14317184 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 14317184 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-08-24 14317184 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 14317184 frs-bus:Director1 2022-08-25 2023-12-31 14317184 frs-countries:EnglandWales 2022-08-25 2023-12-31
Registered number: 14317184
Victory Service Cross Ltd
Unaudited Financial Statements
For the Period 25 August 2022 to 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14317184
31 December 2023
Notes
FIXED ASSETS
Intangible Assets 4 7,981
Investments 5 15,010
22,991
CURRENT ASSETS
Debtors 6 122,493
Cash at bank and in hand 136,781
259,274
Creditors: Amounts Falling Due Within One Year 7 (181,624 )
NET CURRENT ASSETS (LIABILITIES) 77,650
TOTAL ASSETS LESS CURRENT LIABILITIES 100,641
NET ASSETS 100,641
CAPITAL AND RESERVES
Called up share capital 8 2
Profit and Loss Account 100,639
SHAREHOLDERS' FUNDS 100,641
Page 1
Page 2
For the period 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 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.
On behalf of the board
Mrs Annalisa Macri'
Director
23/08/2024
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
Victory Service Cross Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14317184 . The registered office is 71-75 Shelton Street, London, WC2H 9JQ.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to the Profit & Loss on a straight line basis over their expected useful economic lives, which range from three to five years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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 period was: NIL
-
4. Intangible Assets
Development Costs
Cost
As at 25 August 2022 -
Additions 7,981
As at 31 December 2023 7,981
Net Book Value
As at 31 December 2023 7,981
As at 25 August 2022 -
5. Investments
Subsidiaries Unlisted Other Total
Cost
As at 25 August 2022 - - - -
Additions 10 3,400 11,600 15,010
As at 31 December 2023 10 3,400 11,600 15,010
Provision
As at 25 August 2022 - - - -
As at 31 December 2023 - - - -
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 10 3,400 11,600 15,010
As at 25 August 2022 - - - -
6. Debtors
31 December 2023
Due within one year
Other debtors 23,493
Due after more than one year
Other debtors 99,000
122,493
7. Creditors: Amounts Falling Due Within One Year
31 December 2023
Amounts owed to group undertakings 139,895
Amounts owed to participating interests 1,297
Other creditors 37,139
Taxation and social security 3,293
181,624
8. Share Capital
31 December 2023
Allotted, Called up and fully paid 2
9. Dividends
31 December 2023
On equity shares:
Interim dividend paid 1,150
Page 4