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 13401173 Mr Unai Agirre Mandaluniz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13401173 2022-12-31 13401173 2023-12-31 13401173 2023-01-01 2023-12-31 13401173 frs-core:CurrentFinancialInstruments 2023-12-31 13401173 frs-core:ShareCapital 2023-12-31 13401173 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13401173 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13401173 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13401173 frs-bus:SmallEntities 2023-01-01 2023-12-31 13401173 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13401173 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13401173 frs-bus:Director1 2023-01-01 2023-12-31 13401173 frs-bus:Director1 2022-12-31 13401173 frs-bus:Director1 2023-12-31 13401173 frs-core:CurrentFinancialInstruments 1 2023-12-31 13401173 frs-countries:EnglandWales 2023-01-01 2023-12-31 13401173 2021-12-31 13401173 2022-12-31 13401173 2022-01-01 2022-12-31 13401173 frs-core:CurrentFinancialInstruments 2022-12-31 13401173 frs-core:ShareCapital 2022-12-31 13401173 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 13401173 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 13401173
EGOIN UK 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
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13401173
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 84,371 40,000
Cash at bank and in hand 43,801 -
128,172 40,000
Creditors: Amounts Falling Due Within One Year 5 (115,635 ) (3,180 )
NET CURRENT ASSETS (LIABILITIES) 12,537 36,820
TOTAL ASSETS LESS CURRENT LIABILITIES 12,537 36,820
NET ASSETS 12,537 36,820
CAPITAL AND RESERVES
Called up share capital 6 40,000 40,000
Profit and Loss Account (27,463 ) (3,180 )
SHAREHOLDERS' FUNDS 12,537 36,820
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 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 Unai Agirre Mandaluniz
Director
20/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
EGOIN UK LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13401173 . 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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 33,612 -
Prepayments and accrued income 4,198 -
Egoin SA 40,000 40,000
VAT Receivable 6,561 -
84,371 40,000
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 89,560 3,180
CIS Liability 16,529 -
Director's loan account 9,546 -
115,635 3,180
Page 2
Page 3
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 40,000 40,000
7. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Unai Agirre Mandaluniz - 9,546 - - 9,546
The above loan is unsecured, interest free and repayable on demand.
8. Related Party Transactions
During the year company has outstanding loan to the Egoin S.A is £40,000 (2022:£40,000) same included in note no.4
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