Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2022 1 February 2021 false 1 February 2022 31 January 2023 31 January 2023 NI626861 Mr Stephen Buckley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI626861 2022-01-31 NI626861 2023-01-31 NI626861 2022-02-01 2023-01-31 NI626861 frs-core:CurrentFinancialInstruments 2023-01-31 NI626861 frs-core:NetGoodwill 2023-01-31 NI626861 frs-core:NetGoodwill 2022-02-01 2023-01-31 NI626861 frs-core:NetGoodwill 2022-01-31 NI626861 frs-core:ShareCapital 2023-01-31 NI626861 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 NI626861 frs-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 NI626861 frs-bus:FilletedAccounts 2022-02-01 2023-01-31 NI626861 frs-bus:SmallEntities 2022-02-01 2023-01-31 NI626861 frs-bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 NI626861 frs-bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 NI626861 frs-bus:Director1 2022-02-01 2023-01-31 NI626861 frs-countries:NorthernIreland 2022-02-01 2023-01-31 NI626861 2021-01-31 NI626861 2022-01-31 NI626861 2021-02-01 2022-01-31 NI626861 frs-core:CurrentFinancialInstruments 2022-01-31 NI626861 frs-core:ShareCapital 2022-01-31 NI626861 frs-core:RetainedEarningsAccumulatedLosses 2022-01-31
Registered number: NI626861
Gap Re Limited
Unaudited Financial Statements
For The Year Ended 31 January 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: NI626861
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 600,000 600,000
600,000 600,000
Creditors: Amounts Falling Due Within One Year 5 (544,153 ) (543,209 )
NET CURRENT ASSETS (LIABILITIES) (544,153 ) (543,209 )
TOTAL ASSETS LESS CURRENT LIABILITIES 55,847 56,791
NET ASSETS 55,847 56,791
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 55,845 56,789
SHAREHOLDERS' FUNDS 55,847 56,791
Page 1
Page 2
For the year ending 31 January 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 Stephen Buckley
Director
27th August 2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gap Re Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI626861 . The registered office is 146 High Street, Holywood, Co Down, BT18 9HS.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2022 600,000
As at 31 January 2023 600,000
Net Book Value
As at 31 January 2023 600,000
As at 1 February 2022 600,000
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 (1 )
Bank loans and overdrafts 15,445 14,503
Director's loan account 528,707 528,707
544,153 543,209
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 3