Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12007508 Mr. Jan Berger Mr Aaron Powers Berger Invest Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12007508 2023-12-31 12007508 2024-12-31 12007508 2024-01-01 2024-12-31 12007508 frs-core:CurrentFinancialInstruments 2024-12-31 12007508 frs-core:Non-currentFinancialInstruments 2024-12-31 12007508 frs-core:ShareCapital 2024-12-31 12007508 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12007508 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12007508 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12007508 frs-bus:SmallEntities 2024-01-01 2024-12-31 12007508 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12007508 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12007508 1 2024-01-01 2024-12-31 12007508 frs-bus:Director1 2024-01-01 2024-12-31 12007508 frs-bus:Director2 2024-01-01 2024-12-31 12007508 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 12007508 frs-countries:EnglandWales 2024-01-01 2024-12-31 12007508 2022-12-31 12007508 2023-12-31 12007508 2023-01-01 2023-12-31 12007508 frs-core:CurrentFinancialInstruments 2023-12-31 12007508 frs-core:Non-currentFinancialInstruments 2023-12-31 12007508 frs-core:ShareCapital 2023-12-31 12007508 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12007508
Hunit Ip Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12007508
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 55,202 -
Cash at bank and in hand 1,485 6
56,687 6
Creditors: Amounts Falling Due Within One Year 5 (753,897 ) (463,163 )
NET CURRENT ASSETS (LIABILITIES) (697,210 ) (463,157 )
TOTAL ASSETS LESS CURRENT LIABILITIES (697,210 ) (463,157 )
NET LIABILITIES (697,210 ) (463,157 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (697,211 ) (463,158 )
SHAREHOLDERS' FUNDS (697,210) (463,157)
For the year ending 31 December 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. Jan Berger
Director
3 February 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
Hunit Ip Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12007508 . The registered office is Third Floor, 20 Old Bailey, London, United Kingdom, EC4M 7AN.

The financial statements are presented in pound sterling (£) and rounded to the nearest whole £.
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.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company continues to receive the support of its directors and the parent company and as such these accounts have been prepared on the going concern basis. 
2.3. Research and Development
Expenditure on research and development is recognised in the profit and loss in the year it is incurred.
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 year 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 asset reflects 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due after more than one year
Corporation tax recoverable assets 55,202 -
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 244,827
Accruals and deferred income 7,787 1,500
Amounts owed to parent undertaking 742,341 213,112
Amounts owed to related parties 3,769 3,724
753,897 463,163
Amounts due to the parent undertaking and related parties are repayable on demand and do not accrue any interest charges. 
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Ultimate Parent Undertaking and Controlling Party
The company's immediate parent undertaking is Hunit Ltd . Hunit Ltd was incorporated in England and Wales. The group qualifies as small and is therefore eligible to take advantage of the exemption to prepare consolidated group accounts. There is no single controlling party of Hunit Ltd .
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