Acorah Software Products - Accounts Production 16.1.200 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 11436691 Mr EDOARDO NARDUZZI true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11436691 2023-06-30 11436691 2024-06-30 11436691 2023-07-01 2024-06-30 11436691 frs-core:CurrentFinancialInstruments 2024-06-30 11436691 frs-core:Non-currentFinancialInstruments 2024-06-30 11436691 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 11436691 frs-core:OtherResidualIntangibleAssets 2024-06-30 11436691 frs-core:OtherResidualIntangibleAssets 2023-07-01 2024-06-30 11436691 frs-core:OtherResidualIntangibleAssets 2023-06-30 11436691 frs-core:ShareCapital 2024-06-30 11436691 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 11436691 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11436691 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 11436691 frs-bus:SmallEntities 2023-07-01 2024-06-30 11436691 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11436691 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11436691 1 2023-07-01 2024-06-30 11436691 frs-core:ListedExchangeTraded 2024-06-30 11436691 frs-core:ListedExchangeTraded 2023-06-30 11436691 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-06-30 11436691 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-06-30 11436691 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-06-30 11436691 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-06-30 11436691 frs-bus:Director1 2023-07-01 2024-06-30 11436691 frs-bus:Director1 2023-06-30 11436691 frs-bus:Director1 2024-06-30 11436691 frs-countries:EnglandWales 2023-07-01 2024-06-30 11436691 2022-06-30 11436691 2023-06-30 11436691 2022-07-01 2023-06-30 11436691 frs-core:CurrentFinancialInstruments 2023-06-30 11436691 frs-core:Non-currentFinancialInstruments 2023-06-30 11436691 frs-core:ShareCapital 2023-06-30 11436691 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 11436691
EVABETA LTD
Unaudited Financial Statements
For The Year Ended 30 June 2024
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11436691
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,453,940 3,271,920
Investments 5 667,497 667,497
3,121,437 3,939,417
CURRENT ASSETS
Debtors 6 32,009 12,009
Cash at bank and in hand 272 307
32,281 12,316
Creditors: Amounts Falling Due Within One Year 7 (4,000 ) (101 )
NET CURRENT ASSETS (LIABILITIES) 28,281 12,215
TOTAL ASSETS LESS CURRENT LIABILITIES 3,149,718 3,951,632
Creditors: Amounts Falling Due After More Than One Year 8 (731,524 ) (731,524 )
NET ASSETS 2,418,194 3,220,108
CAPITAL AND RESERVES
Called up share capital 9 4,090,000 4,090,000
Profit and Loss Account (1,671,806 ) (869,892 )
SHAREHOLDERS' FUNDS 2,418,194 3,220,108
Page 1
Page 2
For the year ending 30 June 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 EDOARDO NARDUZZI
Director
11/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
EVABETA LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11436691 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.
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 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.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are software It is amortised to Profit and Loss Account over its estimated economic life of 5 years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Software
£
Cost
As at 1 July 2023 4,089,900
As at 30 June 2024 4,089,900
Amortisation
As at 1 July 2023 817,980
Provided during the period 817,980
As at 30 June 2024 1,635,960
Net Book Value
As at 30 June 2024 2,453,940
As at 1 July 2023 3,271,920
Page 3
Page 4
5. Investments
Listed
£
Cost
As at 1 July 2023 667,497
As at 30 June 2024 667,497
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 667,497
As at 1 July 2023 667,497
The above investment made in below companies: 
LUXXA DIAMOND POLSKA LP £    1,197.68
VETRYA SPA £286,710.23
UCAPITAL 24 SPA £379,588.78
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,000 -
Prepayments and accrued income - 4,000
Other debtors 8,009 8,009
32,009 12,009
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 101
VAT 4,000 -
4,000 101
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 57,522 57,522
Alessandra Porchera other creditors 666,299 666,299
Directors loan account 7,703 7,703
731,524 731,524
Page 4
Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4,090,000 4,090,000
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr EDOARDO NARDUZZI 7,703 - - - 7,703
The above loan is unsecured, interest free and repayable on demand.
11. Ultimate Controlling Party
The company's ultimate controlling party is  by Mr Edoardo Narduzzi virtue of his ownership of 75% of the issued share capital in the company.
Page 5