Acorah Software Products - Accounts Production 16.1.200 false true true 31 August 2023 4 March 2022 false 1 September 2023 31 August 2024 31 August 2024 13956247 Mr Stefan Ferguson Mr Benjamin Moore Mr Matthew Rogers false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13956247 2023-08-31 13956247 2024-08-31 13956247 2023-09-01 2024-08-31 13956247 frs-core:CurrentFinancialInstruments 2024-08-31 13956247 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-08-31 13956247 frs-core:OtherResidualIntangibleAssets 2024-08-31 13956247 frs-core:OtherResidualIntangibleAssets 2023-09-01 2024-08-31 13956247 frs-core:OtherResidualIntangibleAssets 2023-08-31 13956247 frs-core:ShareCapital 2024-08-31 13956247 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13956247 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13956247 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 13956247 frs-bus:SmallEntities 2023-09-01 2024-08-31 13956247 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13956247 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13956247 1 2023-09-01 2024-08-31 13956247 frs-bus:Director1 2023-09-01 2024-08-31 13956247 frs-bus:Director2 2023-09-01 2024-08-31 13956247 frs-bus:Director3 2023-09-01 2024-08-31 13956247 frs-countries:EnglandWales 2023-09-01 2024-08-31 13956247 2022-03-03 13956247 2023-08-31 13956247 2022-03-04 2023-08-31 13956247 frs-core:CurrentFinancialInstruments 2023-08-31 13956247 frs-core:ShareCapital 2023-08-31 13956247 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 13956247
Hex Ventures Ltd
Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13956247
31 August 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 21,593 -
21,593 -
CURRENT ASSETS
Debtors 5 - 28,184
- 28,184
Creditors: Amounts Falling Due Within One Year 6 (35,349 ) (41,997 )
NET CURRENT ASSETS (LIABILITIES) (35,349 ) (13,813 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,756 ) (13,813 )
NET LIABILITIES (13,756 ) (13,813 )
CAPITAL AND RESERVES
Called up share capital 7 3 3
Profit and Loss Account (13,759 ) (13,816 )
SHAREHOLDERS' FUNDS (13,756) (13,813)
For the year ending 31 August 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 Matthew Rogers
Director
08/01/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Hex Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13956247 . The registered office is 1 Holly Tree Grove, Walberton, West Sussex, BN18 0FQ.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis on the understanding that the current liabilities owed by the company to the directors will not be recalled at the detriment of the company. The balance sheet shows net liabilities of £13,756 on 31 August 2024 (2023: net liabilities of £13,813). The company is reliant upon the continued support of its directors, who are confident that the company will have sufficient funds to trade for the foreseeable future.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are relating to an investment where market valued cannot be reliably determined, as the market is not yet active. Therefore, the investment will be measured at cost until the market is active.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Other
£
Cost
As at 1 September 2023 -
Additions 21,593
As at 31 August 2024 21,593
Net Book Value
As at 31 August 2024 21,593
As at 1 September 2023 -
5. Debtors
31 August 2024 31 August 2023
£ £
Due within one year
Other debtors - 28,184
6. Creditors: Amounts Falling Due Within One Year
31 August 2024 31 August 2023
£ £
Directors' loan accounts 35,349 41,997
Page 2
Page 3
7. Share Capital
31 August 2024 31 August 2023
£ £
Allotted, Called up and fully paid 3 3
8. Controlling Party
The company is controlled by the three directors, who each hold an equal shareholding.
Page 3