Acorah Software Products - Accounts Production 14.6.300 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10142949 Mr Pellegrino De Santis Mr Ferdinando Fusaro Mr Gerardo Caradonna false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10142949 2022-12-31 10142949 2023-12-31 10142949 2023-01-01 2023-12-31 10142949 frs-core:CurrentFinancialInstruments 2023-12-31 10142949 frs-core:SharePremium 2023-12-31 10142949 frs-core:ShareCapital 2023-12-31 10142949 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10142949 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10142949 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10142949 frs-bus:SmallEntities 2023-01-01 2023-12-31 10142949 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10142949 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10142949 1 2023-01-01 2023-12-31 10142949 frs-core:UnlistedNon-exchangeTraded 2023-12-31 10142949 frs-core:UnlistedNon-exchangeTraded 2022-12-31 10142949 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 10142949 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 10142949 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 10142949 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 10142949 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 10142949 frs-bus:Director1 2023-01-01 2023-12-31 10142949 frs-bus:Director2 2023-01-01 2023-12-31 10142949 frs-core:CurrentFinancialInstruments 3 2023-12-31 10142949 frs-countries:EnglandWales 2023-01-01 2023-12-31 10142949 2021-12-31 10142949 2022-12-31 10142949 2022-01-01 2022-12-31 10142949 frs-core:CurrentFinancialInstruments 2022-12-31 10142949 frs-core:SharePremium 2022-12-31 10142949 frs-core:ShareCapital 2022-12-31 10142949 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 10142949 frs-core:CurrentFinancialInstruments 3 2022-12-31
Registered number: 10142949
Blue Sky Natural Resources Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10142949
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 586,896 586,896
586,896 586,896
CURRENT ASSETS
Debtors 5 3,458,132 3,458,132
Cash at bank and in hand 4,490 4,490
3,462,622 3,462,622
Creditors: Amounts Falling Due Within One Year 6 (389,463 ) (389,463 )
NET CURRENT ASSETS (LIABILITIES) 3,073,159 3,073,159
TOTAL ASSETS LESS CURRENT LIABILITIES 3,660,055 3,660,055
NET ASSETS 3,660,055 3,660,055
CAPITAL AND RESERVES
Called up share capital 7 114,930 114,930
Share premium account 4,296,954 4,296,954
Profit and Loss Account (751,829 ) (751,829 )
SHAREHOLDERS' FUNDS 3,660,055 3,660,055
Page 1
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 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
Mr Ferdinando Fusaro
Director
03/09/2024
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
Blue Sky Natural Resources Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10142949 . The registered office is 19 The Circle , Queen Elizabeth Street, London, SE1 2JE.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 (2022: NIL)
- -
4. Investments
Unlisted
£
Cost
As at 1 January 2023 586,896
Additions -
As at 31 December 2023 586,896
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 586,896
As at 1 January 2023 586,896
Investment consists of the following:
Equilibrium Food S.a.g.l - £448,107
Blye Sky Swiss SA - £79,012
Blue Sky Ectopia SAS - £4,061
Blue Sky Lycopene - £18,173
Moocho - £28,972
Universal Trade Elite Ltd - £8,571
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Page 4
5. Debtors
2023 2022
£ £
Due within one year
Future share capital increase 210,725 210,725
VAT 6,220 6,220
Amounts owed by group undertaking 3,241,187 3,241,187
3,458,132 3,458,132
Amounts owed by group undertakings include United Trade Elite Ltd - £1,871,363 (2022 - £1,871,363), Blue Sky Lycopene S.R.L. - £23,405 (2022 - £23,405), Blue Sky Swisse S.A. £1,070,996 (2022 - £1,070,996), UTE Swisse £149,486 (2022 - £149,486), Equilibrium Food £83,791 (2022 - £83,791) and Blue Sky Ecotopia SAS - £42,145 (2022- £42,145) included in Trade Debtors.
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 197,034 197,034
Bank loans and overdrafts 39,935 39,935
Other creditors 129,001 129,001
Directors' loan accounts 23,493 23,493
389,463 389,463
Other creditors consists of £17,065 (2022- £17,065) Loan to Blue sky Angel Lab SRL, £43,161 (2022 - £43,161) Loan to Immobiliare Beni Stabili SRL, £51,245 (2022 - £51,245) Loan to Pharmatech Holdings and £17,530 (2022 - £17,530) to Igea Pharma NV.
7. Share Capital
Total of share capital consist the below mentioned shares
Ordingary GBP shares - 3260000 shares - Aggregate nomnal value of £3,260
A Ordingary Eur shares - 25000000 shares - Aggregate nomnal value of £22,293.54 (€25,000)
B Ordingary Eur shares - 4000000 shares - Aggregate nomnal value of £3,531.94 (€4,000)
C Ordingary GBP shares - 1000000 shares - Aggregate nomnal value of £1,000
D Ordingary CHF shares - 20000 shares - Aggregate nomnal value of £15.32 (CHF20)
E Ordingary GBP shares - 56000 shares - Aggregate nomnal value of £3,360
F Ordingary Eur shares - 141000 shares - Aggregate nomnal value of £8,488.20 (€9,870)
G Ordingary CHF shares - 152000 shares - Aggregate nomnal value of £9,518.85 (CHF12,160)
H Ordingary Eur shares - 143000 shares - Aggregate nomnal value of £9,950.38 (€11,440)
I Ordingary CHF shares - 259000 shares - Aggregate nomnal value of £18,608.52 (CHF23,310)
J Ordingary Eur shares - 175750 shares - Aggregate nomnal value of £16,482.88 (€19,332.50)
K Ordingary CHF shares - 60000 shares - Aggregate nomnal value of £5,616 (CHF7,200)
L Ordingary Eur shares - 135000 shares - Aggregate nomnal value of £12,803.93 (€14,850)
8. Controlling Party
The company's controlling party is Mr Gerardo Caradonna by virtue of his ownership of 75% or more of the issued share capital in the company.
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