Acorah Software Products - Accounts Production 16.0.110 false true false 1 October 2023 30 September 2024 30 September 2024 15177810 Ms Ewa Gajewska Mr Lukasz Gajewski iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15177810 2023-09-30 15177810 2024-09-30 15177810 2023-10-01 2024-09-30 15177810 frs-core:FurnitureFittings 2023-10-01 2024-09-30 15177810 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 15177810 frs-core:ShareCapital 2024-09-30 15177810 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 15177810 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 15177810 frs-bus:AbridgedAccounts 2023-10-01 2024-09-30 15177810 frs-bus:SmallEntities 2023-10-01 2024-09-30 15177810 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 15177810 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 15177810 frs-core:AdditionsToInvestments 2024-09-30 15177810 frs-core:CostValuation 2024-09-30 15177810 frs-bus:Director1 2023-10-01 2024-09-30 15177810 frs-bus:Director2 2023-10-01 2024-09-30 15177810 frs-countries:EnglandWales 2023-10-01 2024-09-30
Registered number: 15177810
Galaxy Investment Group Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 15177810
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 172,320
Investments 5 100
172,420
CURRENT ASSETS
Debtors 6 (143,955 )
Cash at bank and in hand 10,470
(133,485 )
Creditors: Amounts Falling Due Within One Year (31,552 )
NET CURRENT ASSETS (LIABILITIES) (165,037 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,383
NET ASSETS 7,383
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account 7,283
SHAREHOLDERS' FUNDS 7,383
Page 1
Page 2
For the year ending 30 September 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 September 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Lukasz Gajewski
Director
25/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Galaxy Investment Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15177810 . The registered office is 5-9 Headstone Road, Harrow, HA1 1PD.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts
in these financial statements are rounded to the nesrest £. the principal accounting policies adopted are set out below.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent, qualifies as small group. The Financial statements present information about the company as an individual entity and not about its group. 
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and represents the rental income from property.
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:
Leasehold 2% per annum on a straight line method
Fixtures & Fittings Straight line method for 25 years
Land is not depreciated.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Tangible Assets
Total
£
Cost
As at 1 October 2023 -
Additions 175,000
As at 30 September 2024 175,000
Depreciation
As at 1 October 2023 -
Provided during the period 2,680
As at 30 September 2024 2,680
Net Book Value
As at 30 September 2024 172,320
As at 1 October 2023 -
Page 3
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5. Investments
Total
£
Cost
As at 1 October 2023 -
Additions 100
As at 30 September 2024 100
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 100
As at 1 October 2023 -
Shares in subsidiary undertaking.
6. Debtors
2024
£
Due after more than one year
Amounts owed by group undertakings (143,955)
7. Share Capital
2024
£
Allotted, Called up and fully paid 100
8. Directors Advances, Credits and Guarantees
During the year ordinary dividends of £24,000 was paid to Mr Lukasz Gajewski and dividends of £6,000 was paid to Ms Ewa Gajewska in respect of shares held by the company's directors. 
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