Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 16 June 2022 false 1 January 2023 31 December 2023 31 December 2023 14175856 Mrs Vania Casini Mr A Colombo true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14175856 2022-12-31 14175856 2023-12-31 14175856 2023-01-01 2023-12-31 14175856 frs-core:CurrentFinancialInstruments 2023-12-31 14175856 frs-core:ShareCapital 2023-12-31 14175856 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14175856 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 14175856 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 14175856 frs-bus:SmallEntities 2023-01-01 2023-12-31 14175856 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 14175856 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 14175856 1 2023-01-01 2023-12-31 14175856 frs-core:CostValuation 2022-12-31 14175856 frs-core:AdditionsToInvestments 2023-12-31 14175856 frs-core:CostValuation 2023-12-31 14175856 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 14175856 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 14175856 frs-bus:Director1 2023-01-01 2023-12-31 14175856 frs-core:CurrentFinancialInstruments 1 2023-12-31 14175856 frs-countries:EnglandWales 2023-01-01 2023-12-31 14175856 2022-06-15 14175856 2022-12-31 14175856 2022-06-16 2022-12-31 14175856 frs-core:CurrentFinancialInstruments 2022-12-31 14175856 frs-core:ShareCapital 2022-12-31 14175856 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 14175856 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 14175856
AL27 Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Adbell Advisory Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14175856
31 December 2023 31 December 2022
Notes
FIXED ASSETS
Investments 4 2,847,610 -
2,847,610 -
CURRENT ASSETS
Cash at bank and in hand 10,800 1,332
10,800 1,332
Creditors: Amounts Falling Due Within One Year 5 (2,609,718 ) (4,179 )
NET CURRENT ASSETS (LIABILITIES) (2,598,918 ) (2,847 )
TOTAL ASSETS LESS CURRENT LIABILITIES 248,692 (2,847 )
NET ASSETS/(LIABILITIES) 248,692 (2,847 )
CAPITAL AND RESERVES
Called up share capital 6 10,000 10,000
Profit and Loss Account 238,692 (12,847 )
SHAREHOLDERS' FUNDS 248,692 (2,847)
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 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
Mrs Vania Casini
Director
19/09/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
AL27 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14175856 . The registered office is Birchin Court, 20 Birchin Lane, London, EC3V 9DJ.
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 financial statements are prepared on the basis of the going concern, which assumes that the company will be inoperational existence for the foreseeable future. This depends upon continued support of the shareholders. The financial statements do not include any adjustments that would result if such support is withdrawn.
2.3. Financial Instruments
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.
Financial assets and financial liabilities are recognised initially at fair value. Financial assets are reduced for provision, for impairment, if required.
2.4. Foreign Currencies
Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
2.5. 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 balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.
2.6. Preparation of consolidated financial statements
The financial statements contain information about AL27 Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
The company and its subsidiary undertaking comprise a small-sized group.
2.7. Investments in subsidiary and associate
Investments in subsidiary and associate undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
Page 3
Page 4
4. Investments
Subsidiaries Associates Total
Cost
As at 1 January 2023 - - -
Additions 2,843,910 3,700 2,847,610
As at 31 December 2023 2,843,910 3,700 2,847,610
Provision
As at 1 January 2023 - - -
As at 31 December 2023 - - -
Net Book Value
As at 31 December 2023 2,843,910 3,700 2,847,610
As at 1 January 2023 - - -
The company's investments at the Balance Sheet date in the share capital of companies include the following: 
Subsidiary 
STAG REAL ESTATE SRL 
Registered office: Moldova 
Nature of business: Real Estate 
                                                                    % 
Class of shares:                                        holding 
Ordinary shares                                          100 
                                                                                                         31.12.23                                        31.12.22
                                                                                                                €                                                    €
Aggregate capital and reserves                                                        4,763,558 
Profit/Loss for the year                                                                       201,144 
Subsidiary 
STAG TEXTILE INDUSTRY SA 
Registered office: Moldova 
Nature of business: Textile Industry 
                                                                     % 
Class of shares:                                         holding 
Ordinary shares                                           100 
                                                                                                          31.12.23                                           31.12.22 
                                                                                                                €                                                        €
Aggregate capital and reserves                                                        3,341,446 
Profit/Loss for the year                                                                     571,219 
Associated company 
ICS "MAS Trade" SRL 
Registered office:Moldova 
Nature of business: 
                                                                         % 
Class of shares:                                             holding 
Ordinary                                                            44 
                                                                                           31.12.2023                                                31.12.2022
                                                                                                    €                                                                 €
Aggregate capital and reserves                                              154,226                                                          -
Profit/Lose for the year                                                          97,535                                                           -
Page 4
Page 5
5. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
Trade creditors 808 4,179
Other creditors 2,358,910 -
Other creditors. Shareholder 250,000 -
2,609,718 4,179
6. Share Capital
31 December 2023 31 December 2022
Allotted, Called up and fully paid 10,000 10,000
Allotted and issued 10,000 ordinary share in €1 nominal value each.
7. Ultimate Controlling Party
The company's ultimate controlling party is Mr A Colombo
Page 5