Acorah Software Products - Accounts Production 16.1.300 false true false 14 July 2023 31 December 2024 31 December 2024 15004408 Kwok Biu Chan Tik Yin Chan Fong Han Mou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15004408 2023-07-13 15004408 2024-12-31 15004408 2023-07-14 2024-12-31 15004408 frs-core:CurrentFinancialInstruments 2024-12-31 15004408 frs-core:FurnitureFittings 2024-12-31 15004408 frs-core:FurnitureFittings 2023-07-14 2024-12-31 15004408 frs-core:FurnitureFittings 2023-07-13 15004408 frs-core:ShareCapital 2024-12-31 15004408 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15004408 frs-bus:PrivateLimitedCompanyLtd 2023-07-14 2024-12-31 15004408 frs-bus:FilletedAccounts 2023-07-14 2024-12-31 15004408 frs-bus:SmallEntities 2023-07-14 2024-12-31 15004408 frs-bus:AuditExempt-NoAccountantsReport 2023-07-14 2024-12-31 15004408 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-14 2024-12-31 15004408 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-14 2024-12-31 15004408 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 15004408 frs-core:ListedExchangeTraded 2024-12-31 15004408 frs-core:ListedExchangeTraded 2023-07-13 15004408 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-07-13 15004408 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-12-31 15004408 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-12-31 15004408 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-12-31 15004408 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 15004408 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-07-13 15004408 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 15004408 frs-bus:Director1 2023-07-14 2024-12-31 15004408 frs-bus:Director2 2023-07-14 2024-12-31 15004408 frs-bus:Director3 2023-07-14 2024-12-31 15004408 frs-countries:EnglandWales 2023-07-14 2024-12-31
Registered number: 15004408
GG-705-361 Limited
Financial Statements
For the Period 14 July 2023 to 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15004408
31 December 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 925
Investment Properties 5 270,799
Investments 6 4,551
276,275
CURRENT ASSETS
Debtors 7 329
Cash at bank and in hand 476
805
Creditors: Amounts Falling Due Within One Year 8 (280,218 )
NET CURRENT ASSETS (LIABILITIES) (279,413 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,138 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13 )
NET LIABILITIES (3,151 )
CAPITAL AND RESERVES
Called up share capital 9 100
Fair value reserve 10 56
Profit and Loss Account (3,307 )
SHAREHOLDERS' FUNDS (3,151)
Page 1
Page 2
For the period 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
Kwok Biu Chan
Director
Tik Yin Chan
Director
Fong Han Mou
Director
12/03/2025
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
GG-705-361 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15004408 . The registered office is 1 Lyric Square, London, W6 0NB.
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 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 14 July 2023 -
Additions 1,142
As at 31 December 2024 1,142
Depreciation
As at 14 July 2023 -
Provided during the period 217
As at 31 December 2024 217
Net Book Value
As at 31 December 2024 925
As at 14 July 2023 -
5. Investment Property
31 December 2024
£
Fair Value
As at 14 July 2023 -
Additions 270,799
As at 31 December 2024 270,799
6. Investments
Listed
£
Cost
As at 14 July 2023 -
Additions 4,492
Disposals (10 )
Revaluations 69
As at 31 December 2024 4,551
Provision
As at 14 July 2023 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 4,551
As at 14 July 2023 -
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7. Debtors
31 December 2024
£
Due within one year
Prepayments and accrued income 281
Called up share capital not paid 48
329
8. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Directors' loan accounts 280,218
9. Share Capital
31 December 2024
£
Called Up Share Capital not Paid 48
Called Up Share Capital has been paid up 52
Amount of Allotted, Called Up Share Capital 100
10. Reserves
Fair Value Reserve
£
Transfer to profit and loss 56
As at 31 December 2024 56
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