Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 06507454 Mr Yuji Tanouchi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06507454 2023-02-28 06507454 2024-02-28 06507454 2023-03-01 2024-02-28 06507454 frs-core:CurrentFinancialInstruments 2024-02-28 06507454 frs-core:FurnitureFittings 2024-02-28 06507454 frs-core:FurnitureFittings 2023-03-01 2024-02-28 06507454 frs-core:FurnitureFittings 2023-02-28 06507454 frs-core:ShareCapital 2024-02-28 06507454 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 06507454 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 06507454 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 06507454 frs-bus:SmallEntities 2023-03-01 2024-02-28 06507454 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 06507454 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 06507454 frs-bus:Director1 2023-03-01 2024-02-28 06507454 frs-countries:EnglandWales 2023-03-01 2024-02-28 06507454 2022-02-28 06507454 2023-02-28 06507454 2022-03-01 2023-02-28 06507454 frs-core:CurrentFinancialInstruments 2023-02-28 06507454 frs-core:ShareCapital 2023-02-28 06507454 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 06507454
Gis Int Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06507454
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,650 8,230
5,650 8,230
CURRENT ASSETS
Debtors 5 1,201 20,429
Cash at bank and in hand 22,408 1,553
23,609 21,982
Creditors: Amounts Falling Due Within One Year 6 (358,699 ) (406,930 )
NET CURRENT ASSETS (LIABILITIES) (335,090 ) (384,948 )
TOTAL ASSETS LESS CURRENT LIABILITIES (329,440 ) (376,718 )
NET LIABILITIES (329,440 ) (376,718 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account (329,540 ) (376,818 )
SHAREHOLDERS' FUNDS (329,440) (376,718)
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For the year ending 28 February 2024 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 his 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 Yuji Tanouchi
Director
29 October 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
Gis Int Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06507454 . The registered office is 7 Christie Way, Christie Fields, Manchester, M21 7QY.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and Value Added Tax.

Turnover relating to services is recognised at the point the service is competed or provided to the customer.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% reducing balance
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 March 2023 19,330
Additions 300
Disposals (4,870 )
As at 28 February 2024 14,760
Depreciation
As at 1 March 2023 11,100
Provided during the period 1,264
Disposals (3,254 )
As at 28 February 2024 9,110
Net Book Value
As at 28 February 2024 5,650
As at 1 March 2023 8,230
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,201 20,429
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 842 1,269
Other creditors 357,857 405,661
358,699 406,930
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