Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 13018132 Mr Liudas Kanapienis Mr Dmitrij Sosunov Mr Jonė VAITULEVIČIŪTĖ iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13018132 2022-12-31 13018132 2023-12-31 13018132 2023-01-01 2023-12-31 13018132 frs-core:CurrentFinancialInstruments 2023-12-31 13018132 frs-core:Non-currentFinancialInstruments 2023-12-31 13018132 frs-core:SharePremium 2023-12-31 13018132 frs-core:ShareCapital 2023-12-31 13018132 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13018132 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13018132 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13018132 frs-bus:SmallEntities 2023-01-01 2023-12-31 13018132 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13018132 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13018132 frs-core:CostValuation 2022-12-31 13018132 frs-core:AdditionsToInvestments 2023-12-31 13018132 frs-core:CostValuation 2023-12-31 13018132 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 13018132 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 13018132 frs-bus:Director1 2023-01-01 2023-12-31 13018132 frs-bus:Director2 2023-01-01 2023-12-31 13018132 frs-bus:Director3 2023-01-01 2023-12-31 13018132 frs-countries:EnglandWales 2023-01-01 2023-12-31 13018132 2021-12-31 13018132 2022-12-31 13018132 2022-01-01 2022-12-31 13018132 frs-core:CurrentFinancialInstruments 2022-12-31 13018132 frs-core:Non-currentFinancialInstruments 2022-12-31 13018132 frs-core:SharePremium 2022-12-31 13018132 frs-core:ShareCapital 2022-12-31 13018132 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13018132
Ondato Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
AUDITA LTD
11 CUNDY ROAD
CUSTOM HOUSE
LONDON
E16 3DJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13018132
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 3,935,458 3,828,342
3,935,458 3,828,342
CURRENT ASSETS
Debtors 5 870,336 894,047
Cash at bank and in hand 22,444 231,268
892,780 1,125,315
Creditors: Amounts Falling Due Within One Year 6 (16,312 ) (3,329,773 )
NET CURRENT ASSETS (LIABILITIES) 876,468 (2,204,458 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,811,926 1,623,884
Creditors: Amounts Falling Due After More Than One Year 7 (1,195,663 ) (1,003,127 )
NET ASSETS 3,616,263 620,757
CAPITAL AND RESERVES
Called up share capital 8 11,196 10,726
Share premium account 4,517,730 1,313,169
Profit and Loss Account (912,663 ) (703,138 )
SHAREHOLDERS' FUNDS 3,616,263 620,757
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 Liudas Kanapienis
Director
Mr Dmitrij Sosunov
Director
Mr Jonė VAITULEVIČIŪTĖ
Director
10/07/2024
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
Ondato Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13018132 . The registered office is 11 Cundy Road, London, E16 3DJ.
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. 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: 3 (2022: 3)
3 3
4. Investments
Other
£
Cost
As at 1 January 2023 3,828,342
Additions 107,116
As at 31 December 2023 3,935,458
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 3,935,458
As at 1 January 2023 3,828,342
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 869,646 890,291
VAT 690 3,756
870,336 894,047
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 76
Other taxes and social security 7,086 10,204
Net wages 7,866 10,807
Other creditors - 3,307,576
Accruals and deferred income 1,360 1,110
16,312 3,329,773
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 1,195,663 1,003,127
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 11,196 10,726
Page 4