Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 08208636 Mr Joachim Hjerpe Mr Lars Jacobsson Mr Hans Sandberg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08208636 2022-12-31 08208636 2023-12-31 08208636 2023-01-01 2023-12-31 08208636 frs-core:CurrentFinancialInstruments 2023-12-31 08208636 frs-core:RevaluationReserve 2022-12-31 08208636 frs-core:RevaluationReserve 2023-12-31 08208636 frs-core:SharePremium 2023-12-31 08208636 frs-core:ShareCapital 2023-12-31 08208636 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08208636 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08208636 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08208636 frs-bus:SmallEntities 2023-01-01 2023-12-31 08208636 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08208636 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08208636 frs-core:CostValuation 2022-12-31 08208636 frs-core:AdditionsToInvestments 2023-12-31 08208636 frs-core:CostValuation 2023-12-31 08208636 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 08208636 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 08208636 frs-bus:Director1 2023-01-01 2023-12-31 08208636 frs-bus:Director2 2023-01-01 2023-12-31 08208636 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 08208636 frs-countries:EnglandWales 2023-01-01 2023-12-31 08208636 2021-12-31 08208636 2022-12-31 08208636 2022-01-01 2022-12-31 08208636 frs-core:CurrentFinancialInstruments 2022-12-31 08208636 frs-core:RevaluationReserve 2022-12-31 08208636 frs-core:SharePremium 2022-12-31 08208636 frs-core:ShareCapital 2022-12-31 08208636 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 08208636
Texel Energy Storage UK LTD
Unaudited Financial Statements
For The Year Ended 31 December 2023
Accountum Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08208636
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,674,336 1,610,180
1,674,336 1,610,180
CURRENT ASSETS
Debtors 5 4,509 3,673
Cash at bank and in hand 15,086 15,557
19,595 19,230
Creditors: Amounts Falling Due Within One Year 6 (670,721 ) (604,285 )
NET CURRENT ASSETS (LIABILITIES) (651,126 ) (585,055 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,023,210 1,025,125
NET ASSETS 1,023,210 1,025,125
CAPITAL AND RESERVES
Called up share capital 7 10,968 10,968
Share premium account 1,079,606 1,079,606
Revaluation reserve 8 21,323 21,323
Profit and Loss Account (88,687 ) (86,772 )
SHAREHOLDERS' FUNDS 1,023,210 1,025,125
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 Lars Jacobsson
Director
03/10/2024
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
Texel Energy Storage UK LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08208636 . The registered office is Third Floor, 207 Regent Street, London, W1B 3HH.
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: NIL (2022: NIL)
- -
4. Investments
Other
£
Cost
As at 1 January 2023 1,610,180
Additions 64,156
As at 31 December 2023 1,674,336
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 1,674,336
As at 1 January 2023 1,610,180
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 207 207
Corporation tax recoverable assets 1,017 1,017
Amounts owed by group undertakings 3,285 2,449
4,509 3,673
The amounts owed by group companies are repayable on demand and carry no interest.
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 2,220 2,100
Amounts owed to group undertakings 668,501 602,185
670,721 604,285
The amounts owed to group companies are repayable on demand and carry no interest.
Page 3
Page 4
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10,968 10,968
8. Reserves
Revaluation Reserve
£
As at 1 January 2023 21,323
As at 31 December 2023 21,323
Page 4