Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 March 2024 31 March 2024 10573904 Mr B Wigdortz Mrs N Wigdortz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10573904 2022-12-31 10573904 2024-03-31 10573904 2023-01-01 2024-03-31 10573904 frs-core:ComputerEquipment 2024-03-31 10573904 frs-core:ComputerEquipment 2023-01-01 2024-03-31 10573904 frs-core:ComputerEquipment 2022-12-31 10573904 frs-core:FurnitureFittings 2024-03-31 10573904 frs-core:FurnitureFittings 2023-01-01 2024-03-31 10573904 frs-core:FurnitureFittings 2022-12-31 10573904 frs-core:PlantMachinery 2024-03-31 10573904 frs-core:PlantMachinery 2023-01-01 2024-03-31 10573904 frs-core:PlantMachinery 2022-12-31 10573904 frs-core:ShareCapital 2024-03-31 10573904 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10573904 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2024-03-31 10573904 frs-bus:FilletedAccounts 2023-01-01 2024-03-31 10573904 frs-bus:SmallEntities 2023-01-01 2024-03-31 10573904 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-03-31 10573904 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-03-31 10573904 frs-bus:Director1 2023-01-01 2024-03-31 10573904 frs-bus:Director2 2023-01-01 2024-03-31 10573904 frs-countries:EnglandWales 2023-01-01 2024-03-31 10573904 2021-12-31 10573904 2022-12-31 10573904 2022-01-01 2022-12-31 10573904 frs-core:CurrentFinancialInstruments 2022-12-31 10573904 frs-core:ShareCapital 2022-12-31 10573904 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10573904
Nogil Limited
Unaudited Financial Statements
For the Period 1 January 2023 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10573904
31 March 2024 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 11,233
- 11,233
CURRENT ASSETS
Cash at bank and in hand - 124
- 124
Creditors: Amounts Falling Due Within One Year 5 (6,984 ) (6,508 )
NET CURRENT ASSETS (LIABILITIES) (6,984 ) (6,384 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,984 ) 4,849
PROVISIONS FOR LIABILITIES
Deferred Taxation - (2,134 )
NET (LIABILITIES)/ASSETS (6,984 ) 2,715
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (7,084 ) 2,615
SHAREHOLDERS' FUNDS (6,984) 2,715
Page 1
Page 2
For the period ending 31 March 2024 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 B Wigdortz
Director
28 August 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
Nogil Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10573904 . The registered office is 53 Fortis Green, London, N2 9JJ.

The presentation currency of the financial statements is the Pound Sterling (£).

The company ceased trading on 31st March 2024.
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 have been prepared on a non-going concern basis as the directors have resolved to voluntarily liquidate the company and have applied to have the company struck off the register at Companies House.  
Assets have been measured at their net realizable value,  and liabilities have been recognized in full.  No adjustments have been necessary to reflect any further realization or settlement of the company’s assets and liabilities subsequent to the balance sheet date.
2.3. Significant judgements and estimations
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates if necessary. It also requires management to exercise judgement in applying the company accounting policies.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments Issues of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement consitutes a financing transaction, where the transaction is measured at the present value if the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
...CONTINUED
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2.5. Financial Instruments - continued
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitute and financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditor are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently at amortised cost using the effective interest method.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2022: )
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 2,175 33,985 4,905 41,065
Disposals (2,175 ) (33,985 ) (4,905 ) (41,065 )
Depreciation
As at 1 January 2023 1,633 24,613 3,586 29,832
Disposals (1,633 ) (24,613 ) (3,586 ) (29,832 )
As at 31 March 2024 - - - -
Net Book Value
As at 31 March 2024 - - - -
As at 1 January 2023 542 9,372 1,319 11,233
Page 4
Page 5
5. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 December 2022
£ £
Trade creditors - 4,568
Other creditors 6,984 1,940
6,984 6,508
6. Share Capital
31 March 2024 31 December 2022
£ £
Allotted, Called up and fully paid 100 100
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