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 NI644178 Mrs Yulia Giluch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI644178 2023-02-28 NI644178 2024-02-28 NI644178 2023-03-01 2024-02-28 NI644178 frs-core:CurrentFinancialInstruments 2024-02-28 NI644178 frs-core:ShareCapital 2024-02-28 NI644178 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 NI644178 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 NI644178 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 NI644178 frs-bus:SmallEntities 2023-03-01 2024-02-28 NI644178 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 NI644178 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 NI644178 frs-bus:Director1 2023-03-01 2024-02-28 NI644178 frs-countries:NorthernIreland 2023-03-01 2024-02-28 NI644178 2022-02-28 NI644178 2023-02-28 NI644178 2022-03-01 2023-02-28 NI644178 frs-core:CurrentFinancialInstruments 2023-02-28 NI644178 frs-core:ShareCapital 2023-02-28 NI644178 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: NI644178
3D Imito Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2024
Gray + Press Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI644178
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,855,175 1,855,175
1,855,175 1,855,175
CURRENT ASSETS
Cash at bank and in hand 908 5,770
908 5,770
Creditors: Amounts Falling Due Within One Year 5 (1,667,571 ) (1,719,615 )
NET CURRENT ASSETS (LIABILITIES) (1,666,663 ) (1,713,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES 188,512 141,330
NET ASSETS 188,512 141,330
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 188,412 141,230
SHAREHOLDERS' FUNDS 188,512 141,330
Page 1
Page 2
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 her 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
Mrs Yulia Giluch
Director
31/10/2024
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
3D Imito Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI644178 . The registered office is Unit 4A Channel Wharf, 21 Old Channel Road, Belfast, County Antrim, BT3 9DE.
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. Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
2.3. Investment Properties
Investment property is measured at fair value with changes in fair value recognised in the Profit and Loss Account. Revalued investment properties are not depreciated or amortised.
2.4. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
2.5. Trade and other creditors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: )
3 -
4. Investment Property
2024
£
Fair Value
As at 1 March 2023 and 28 February 2024 1,855,175
Investment property is carried at fair value determined annually by the directors. There has not been a third party valuation carried out on the property. The directors are of the opinion that the fair value is reflective of the value which could be realised in the event of a sale.
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,653,305 1,706,916
Taxation and social security 14,266 12,699
1,667,571 1,719,615
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3
Page 4
7. Related Party Transactions
Included in other creditors are amounts due to other related parties of £92,026 (2022: £88,124).
Page 4