Acorah Software Products - Accounts Production 16.1.300 false true false 12 May 2023 31 May 2024 31 May 2024 14864947 Mr S Lohade Mr P Jain iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14864947 2023-05-11 14864947 2024-05-31 14864947 2023-05-12 2024-05-31 14864947 frs-core:Non-currentFinancialInstruments 2024-05-31 14864947 frs-core:ShareCapital 2024-05-31 14864947 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14864947 frs-bus:PrivateLimitedCompanyLtd 2023-05-12 2024-05-31 14864947 frs-bus:AbridgedAccounts 2023-05-12 2024-05-31 14864947 frs-bus:SmallEntities 2023-05-12 2024-05-31 14864947 frs-bus:AuditExempt-NoAccountantsReport 2023-05-12 2024-05-31 14864947 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-12 2024-05-31 14864947 frs-core:CostValuation 2023-05-11 14864947 frs-core:AdditionsToInvestments 2024-05-31 14864947 frs-core:CostValuation 2024-05-31 14864947 frs-core:ProvisionsForImpairmentInvestments 2023-05-11 14864947 frs-core:ProvisionsForImpairmentInvestments 2024-05-31 14864947 frs-bus:Director1 2023-05-12 2024-05-31 14864947 frs-bus:Director2 2023-05-12 2024-05-31 14864947 frs-countries:EnglandWales 2023-05-12 2024-05-31
Registered number: 14864947
GLOBALISOR LIMITED
Unaudited ABRIDGED Financial Statements
For the Period 12 May 2023 to 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Balance Sheet
Registered number: 14864947
31 May 2024
Notes £ £
FIXED ASSETS
Investments 4 1,085,400
1,085,400
CURRENT ASSETS
Cash at bank and in hand 1,460
1,460
Creditors: Amounts Falling Due Within One Year (647,305 )
NET CURRENT ASSETS (LIABILITIES) (645,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES 439,555
Creditors: Amounts Falling Due After More Than One Year (456,403 )
NET LIABILITIES (16,848 )
CAPITAL AND RESERVES
Called up share capital 5 100
Profit and Loss Account (16,948 )
SHAREHOLDERS' FUNDS (16,848)
Page 1
Page 2
For the period ending 31 May 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 Profit and Loss Account for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr P Jain
Director
10/02/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
GLOBALISOR LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 14864947 . The registered office is The Techno Centre, Puma Way, Coventry, West Midlands, United Kingdom, CV1 2TT.
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. Investment in Subsidiary
Investment in subsidiary undertakings is stated at cost less any provision for impairment. Cost includes the purchase price and any directly attributable acquisition costs.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investments
Subsidiaries
£
Cost
As at 12 May 2023 -
Additions 1,085,400
As at 31 May 2024 1,085,400
Provision
As at 12 May 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 1,085,400
As at 12 May 2023 -
On 7th February,2024, the Company acquired 100% of the share capital of Cox Hinkins & Co Limited for a total consideration of £1,085400.
The investment is stated at cost in accordance with FRS 102 Section 1A.
5. Share Capital
31 May 2024
£
Allotted, Called up and fully paid 100
Page 3