Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2022 27 May 2021 false 1 June 2022 31 May 2023 31 May 2023 13423973 Mr Thomas Pius Schibli Mr Ananda Leone Gari Mr Simon Giles Thomas Mr Ronald George Sanchies Mr Paul Armand Infante Monozca Mr Sherwin Yanzy Enriquez Ms Jolyn Buenaventura Ms Katrina Marie Monozca Mr Paul Armand Infante Monozca true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13423973 2022-05-31 13423973 2023-05-31 13423973 2022-06-01 2023-05-31 13423973 frs-core:CurrentFinancialInstruments 2023-05-31 13423973 frs-core:ShareCapital 2023-05-31 13423973 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 13423973 frs-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 13423973 frs-bus:FilletedAccounts 2022-06-01 2023-05-31 13423973 frs-bus:SmallEntities 2022-06-01 2023-05-31 13423973 frs-bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 13423973 frs-bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 13423973 frs-bus:OrdinaryShareClass1 2022-06-01 2023-05-31 13423973 frs-bus:OrdinaryShareClass1 2023-05-31 13423973 1 2022-06-01 2023-05-31 13423973 frs-core:UnlistedNon-exchangeTraded 2023-05-31 13423973 frs-core:UnlistedNon-exchangeTraded 2022-05-31 13423973 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-05-31 13423973 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 13423973 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-05-31 13423973 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-05-31 13423973 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-05-31 13423973 frs-bus:Director1 2022-06-01 2023-05-31 13423973 frs-bus:Director1 2022-05-31 13423973 frs-bus:Director1 2023-05-31 13423973 frs-bus:Director2 2022-06-01 2023-05-31 13423973 frs-bus:Director3 2022-06-01 2023-05-31 13423973 frs-bus:Director4 2022-06-01 2023-05-31 13423973 frs-bus:Director5 2022-06-01 2023-05-31 13423973 frs-bus:Director6 2022-06-01 2023-05-31 13423973 frs-bus:Director7 2022-06-01 2023-05-31 13423973 frs-bus:Director8 2022-06-01 2023-05-31 13423973 frs-countries:EnglandWales 2022-06-01 2023-05-31 13423973 2021-05-26 13423973 2022-05-31 13423973 2021-05-27 2022-05-31 13423973 frs-core:CurrentFinancialInstruments 2022-05-31 13423973 frs-core:ShareCapital 2022-05-31 13423973 frs-core:RetainedEarningsAccumulatedLosses 2022-05-31 13423973 frs-bus:OrdinaryShareClass1 2021-05-27 2022-05-31
Registered number: 13423973
Formula Green Corporation Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13423973
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,000,000,000 -
1,000,000,000 -
CURRENT ASSETS
Debtors 5 120,000,000 400,000,000
120,000,000 400,000,000
Creditors: Amounts Falling Due Within One Year 6 (747,500,784 ) (545 )
NET CURRENT ASSETS (LIABILITIES) (627,500,784 ) 399,999,455
TOTAL ASSETS LESS CURRENT LIABILITIES 372,499,216 399,999,455
NET ASSETS 372,499,216 399,999,455
CAPITAL AND RESERVES
Called up share capital 7 400,000,000 400,000,000
Profit and Loss Account (27,500,784 ) (545 )
SHAREHOLDERS' FUNDS 372,499,216 399,999,455
Page 1
Page 2
For the year ending 31 May 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 Paul Armand Infante Monozca
Director
21/10/2024
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
Formula Green Corporation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13423973 . The registered office is 2nd Floor College House, 17 King Edwards Road, Ruislip, London, HA4 7AE.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 12)
12 12
4. Investments
Unlisted
£
Cost
As at 1 June 2022 -
Additions 1,000,000,000
As at 31 May 2023 1,000,000,000
Provision
As at 1 June 2022 -
As at 31 May 2023 -
Net Book Value
As at 31 May 2023 1,000,000,000
As at 1 June 2022 -
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 120,000,000 -
Called up share capital not paid - 400,000,000
120,000,000 400,000,000
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 747,500,359 -
Accruals and deferred income 239 359
Directors' loan accounts 186 186
747,500,784 545
7. Share Capital
2023 2022
Allotted, called up but not fully paid £ £
400,000,000 Ordinary Shares of £ 1.00 each 400,000,000 400,000,000
Page 3
Page 4
8. Directors Advances, Credits and Guarantees
Included within creditors are the following loans to directors:
As at 1 June 2022 Amounts advanced Amounts repaid Amounts written off As at 31 May 2023
£ £ £ £ £
Mr Paul Armand Infante Monozca (186 ) - - - (186 )
The above loan is unsecured, interest free and repayable on demand.
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Paul Armand Infante Monozca by virtue of his ownership of 100% of the issued share capital in the company.
Page 4