Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 03715196 MR Dario Gobber Mr D Gobber true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03715196 2023-02-28 03715196 2024-02-28 03715196 2023-03-01 2024-02-28 03715196 frs-core:CurrentFinancialInstruments 2024-02-28 03715196 frs-core:OtherReservesSubtotal 2024-02-28 03715196 frs-core:ShareCapital 2024-02-28 03715196 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 03715196 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 03715196 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 03715196 frs-bus:SmallEntities 2023-03-01 2024-02-28 03715196 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 03715196 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 03715196 1 2023-03-01 2024-02-28 03715196 frs-bus:Director1 2023-03-01 2024-02-28 03715196 frs-countries:EnglandWales 2023-03-01 2024-02-28 03715196 2022-02-28 03715196 2023-02-28 03715196 2022-03-01 2023-02-28 03715196 frs-core:CurrentFinancialInstruments 2023-02-28 03715196 frs-core:OtherReservesSubtotal 2023-02-28 03715196 frs-core:ShareCapital 2023-02-28 03715196 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 03715196
Tordil Investments Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Adbell Advisory Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 03715196
2024 2023
Notes
CURRENT ASSETS
Debtors 4 277,664 277,664
277,664 277,664
Creditors: Amounts Falling Due Within One Year 5 (53,494 ) (42,526 )
NET CURRENT ASSETS (LIABILITIES) 224,170 235,138
TOTAL ASSETS LESS CURRENT LIABILITIES 224,170 235,138
NET ASSETS 224,170 235,138
CAPITAL AND RESERVES
Called up share capital 6 7,612 7,612
Other reserves 288,905 288,905
Profit and Loss Account (72,347 ) (61,379 )
SHAREHOLDERS' FUNDS 224,170 235,138
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 Dario Gobber
Director
15/11/2024
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Tordil Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03715196 . The registered office is Birchin Court, 20 Birchin Lane, London, EC3V 9DJ.
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
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 euro at the rate of exchange ruling at the date of
transaction. Exchange differences are taken into account in arriving at the operating result.
2.3. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.4. Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and
preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
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2.5. Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
Due within one year
Other debtors 277,664 277,664
5. Creditors: Amounts Falling Due Within One Year
2024 2023
Trade creditors 8,813 -
Other creditors 42,433 40,242
Accruals and deferred income 2,248 2,284
53,494 42,526
6. Share Capital
2024 2023
Allotted, Called up and fully paid 7,612 7,612
Allotted, issued and fully paid 5,000 ordinary shares in £1 nominal value each.
7. Ultimate Controlling Party
The company's ultimate controlling party is Mr D Gobber by virtue of his ownership of 100% of the issued share capital in the company.
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