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 11033873 Mr Anastasis Mouktaris Mrs Tasula Hadjitofi Mr Andreas Hadjitofi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11033873 2022-12-31 11033873 2023-12-31 11033873 2023-01-01 2023-12-31 11033873 frs-core:CurrentFinancialInstruments 2023-12-31 11033873 frs-core:Non-currentFinancialInstruments 2023-12-31 11033873 frs-core:ShareCapital 2023-12-31 11033873 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11033873 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11033873 frs-bus:SmallEntities 2023-01-01 2023-12-31 11033873 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11033873 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11033873 frs-bus:Director1 2023-01-01 2023-12-31 11033873 frs-bus:Director2 2023-01-01 2023-12-31 11033873 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 11033873 frs-countries:EnglandWales 2023-01-01 2023-12-31 11033873 2021-12-31 11033873 2022-12-31 11033873 2022-01-01 2022-12-31 11033873 frs-core:CurrentFinancialInstruments 2022-12-31 11033873 frs-core:Non-currentFinancialInstruments 2022-12-31 11033873 frs-core:ShareCapital 2022-12-31
Registered number: 11033873
Octagon Holding International Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2
Page 1
Statement of Financial Position
Registered number: 11033873
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 6,148 19,193
Cash at bank and in hand 647,128 716,472
653,276 735,665
Creditors: Amounts Falling Due Within One Year 5 (9,611 ) -
NET CURRENT ASSETS (LIABILITIES) 643,665 735,665
TOTAL ASSETS LESS CURRENT LIABILITIES 643,665 735,665
Creditors: Amounts Falling Due After More Than One Year 6 (643,565 ) (735,565 )
NET ASSETS 100 100
CAPITAL AND RESERVES
Called up share capital 7 100 100
SHAREHOLDERS' FUNDS 100 100
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 Income Statement.
On behalf of the board
Mrs Tasula Hadjitofi
Director
30 September 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Octagon Holding International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11033873 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 6,148 124
Other debtors - 19,069
6,148 19,193
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 9,611 -
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Amounts owed to related parties 643,565 735,565
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Included within Amounts owed to related parties is an amount of £643,565 (2022: £735,565) due to a related party under the control of a common shareholder. The Amounts owed to related parties are unsecured, interest-free and have no fixed terms of repayment. The balances will be settled in cash. No guarantees have been given or received.
Page 2