Acorah Software Products - Accounts Production 14.6.300 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 12412441 Dr Juan Santamaría URIARTE Mr Pedro Tortosa Hernandez Mr Alberto GONZÁLEZ true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12412441 2023-01-31 12412441 2024-01-31 12412441 2023-02-01 2024-01-31 12412441 frs-core:CurrentFinancialInstruments 2024-01-31 12412441 frs-core:CapitalRedemptionReserve 2024-01-31 12412441 frs-core:RevaluationReserve 2023-02-01 2024-01-31 12412441 frs-core:RevaluationReserve 2023-01-31 12412441 frs-core:RevaluationReserve 2024-01-31 12412441 frs-core:SharePremium 2024-01-31 12412441 frs-core:ShareCapital 2024-01-31 12412441 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 12412441 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12412441 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 12412441 frs-bus:SmallEntities 2023-02-01 2024-01-31 12412441 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12412441 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12412441 1 2023-02-01 2024-01-31 12412441 frs-core:UnlistedNon-exchangeTraded 2024-01-31 12412441 frs-core:UnlistedNon-exchangeTraded 2023-01-31 12412441 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-01-31 12412441 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 12412441 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-01-31 12412441 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-01-31 12412441 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 12412441 frs-bus:Director1 2023-02-01 2024-01-31 12412441 frs-bus:Director2 2023-02-01 2024-01-31 12412441 frs-bus:Director3 2023-02-01 2024-01-31 12412441 frs-core:CurrentFinancialInstruments 1 2024-01-31 12412441 frs-countries:EnglandWales 2023-02-01 2024-01-31 12412441 2022-01-31 12412441 2023-01-31 12412441 2022-02-01 2023-01-31 12412441 frs-core:CurrentFinancialInstruments 2023-01-31 12412441 frs-core:CapitalRedemptionReserve 2023-01-31 12412441 frs-core:RevaluationReserve 2023-01-31 12412441 frs-core:SharePremium 2023-01-31 12412441 frs-core:ShareCapital 2023-01-31 12412441 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 12412441 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 12412441
AREXDATA LTD
Unaudited Financial Statements
For The Year Ended 31 January 2024
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12412441
2024 2023
Notes
FIXED ASSETS
Investments 3 1,097,500 322,500
1,097,500 322,500
CURRENT ASSETS
Debtors 4 1,082 -
Cash at bank and in hand 19,451 833,144
20,533 833,144
Creditors: Amounts Falling Due Within One Year 5 (24,615 ) (21,440 )
NET CURRENT ASSETS (LIABILITIES) (4,082 ) 811,704
TOTAL ASSETS LESS CURRENT LIABILITIES 1,093,418 1,134,204
NET ASSETS 1,093,418 1,134,204
CAPITAL AND RESERVES
Called up share capital 6 283 283
Share premium account 1,129,825 1,129,825
Revaluation reserve 7 (10,058 ) (838 )
Capital redemption reserve 313,954 313,954
Profit and Loss Account (340,586 ) (309,020 )
SHAREHOLDERS' FUNDS 1,093,418 1,134,204
Page 1
Page 2
For the year ending 31 January 2024 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 Pedro Tortosa Hernandez
Director
30/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into euro 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2023: NIL)
- -
3. Investments
Unlisted
Cost
As at 1 February 2023 322,500
Additions 775,000
As at 31 January 2024 1,097,500
Provision
As at 1 February 2023 -
As at 31 January 2024 -
Net Book Value
As at 31 January 2024 1,097,500
As at 1 February 2023 322,500
The total amount of investment includes the investment in AREXDATA SPAIN of €10,000 and Loan to AREXDATA SPAIN of €1,087,500
4. Debtors
2024 2023
Due within one year
Prepayments and accrued income 1,082 -
1,082 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
Trade creditors 4,719 -
Other Creditor - Kilobe system 19,896 20,042
Accruals and deferred income - 1,398
24,615 21,440
Page 3
Page 4
6. Share Capital
2024 2023
Allotted, Called up and fully paid 283 283
7. Reserves
Revaluation Reserve
As at 1 February 2023 (838 )
Surplus on revaluation (9,220 )
As at 31 January 2024 (10,058 )
8. Ultimate Controlling Party
The company's controlling party is Mr José Sancho García and Kilobe system Ltd by virtue of his ownership of more than 25% but less than 50% of the issued share capital in the company.
9. General Information
AREXDATA LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12412441 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.
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