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 04195915 Ms Panagiota Christofi Ms Mariella Damianou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04195915 2022-12-31 04195915 2023-12-31 04195915 2023-01-01 2023-12-31 04195915 frs-core:CurrentFinancialInstruments 2023-12-31 04195915 frs-core:Non-currentFinancialInstruments 2023-12-31 04195915 frs-core:ShareCapital 2023-12-31 04195915 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 04195915 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04195915 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04195915 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04195915 frs-bus:SmallEntities 2023-01-01 2023-12-31 04195915 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04195915 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04195915 frs-core:UnlistedNon-exchangeTraded 2023-12-31 04195915 frs-core:UnlistedNon-exchangeTraded 2022-12-31 04195915 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 04195915 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 04195915 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 04195915 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 04195915 frs-bus:Director1 2023-01-01 2023-12-31 04195915 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 04195915 frs-core:Non-currentFinancialInstruments 1 2023-12-31 04195915 frs-countries:EnglandWales 2023-01-01 2023-12-31 04195915 2021-12-31 04195915 2022-12-31 04195915 2022-01-01 2022-12-31 04195915 frs-core:CurrentFinancialInstruments 2022-12-31 04195915 frs-core:Non-currentFinancialInstruments 2022-12-31 04195915 frs-core:ShareCapital 2021-12-31 04195915 frs-core:ShareCapital 2022-12-31 04195915 frs-core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 04195915 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-12-31 04195915 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 04195915 frs-core:Non-currentFinancialInstruments 1 2022-12-31
Registered number: 04195915
Paneuro Products Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
TMH Financial Services Ltd
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4
Page 1
Balance Sheet
Registered number: 04195915
2023 2022
Notes $ $ $ $
FIXED ASSETS
Investments 4 1 1
1 1
CURRENT ASSETS
Cash at bank and in hand 2,000 2,000
2,000 2,000
Creditors: Amounts Falling Due Within One Year 5 (156,350 ) (153,249 )
NET CURRENT ASSETS (LIABILITIES) (154,350 ) (151,249 )
TOTAL ASSETS LESS CURRENT LIABILITIES (154,349 ) (151,248 )
Creditors: Amounts Falling Due After More Than One Year 6 (81,319 ) (77,948 )
NET LIABILITIES (235,668 ) (229,196 )
CAPITAL AND RESERVES
Called up share capital 7 9,185,000 9,185,000
Profit and Loss Account (9,420,668 ) (9,414,196 )
SHAREHOLDERS' FUNDS (235,668) (229,196)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Panagiota Christofi
Director
13 August 2024
The notes on page 4 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
$ $ $
As at 1 January 2022 9,185,000 (9,408,211 ) (223,211)
Loss for the year and total comprehensive income - (5,985 ) (5,985)
As at 31 December 2022 and 1 January 2023 9,185,000 (9,414,196 ) (229,196)
Loss for the year and total comprehensive income - (6,472 ) (6,472)
As at 31 December 2023 9,185,000 (9,420,668 ) (235,668)
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Paneuro Products Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04195915 . The registered office is 85 Great Portland Street, London, W1W 7LT.
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 united states dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into united states dollars 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, not including directors, during the year was: NIL (2022: NIL)
- -
4. Investments
Unlisted
$
Cost
As at 1 January 2023 1
As at 31 December 2023 1
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 1
As at 1 January 2023 1
5. Creditors: Amounts Falling Due Within One Year
2023 2022
$ $
Corporation tax 2,855 2,855
Other creditors 153,495 150,394
156,350 153,249
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
$ $
Other loans 81,319 77,948
7. Share Capital
2023 2022
$ $
Allotted, Called up and fully paid 9,185,000 9,185,000
Page 4