Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10798415 Mr GIORDANO IOVINE Mr Davide Bussetti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10798415 2023-06-30 10798415 2024-06-30 10798415 2023-07-01 2024-06-30 10798415 frs-core:CurrentFinancialInstruments 2024-06-30 10798415 frs-core:Non-currentFinancialInstruments 2024-06-30 10798415 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-06-30 10798415 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-30 10798415 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 10798415 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 10798415 frs-core:RevaluationReserve 2023-06-30 10798415 frs-core:RevaluationReserve 2024-06-30 10798415 frs-core:SharePremium 2024-06-30 10798415 frs-core:ShareCapital 2024-06-30 10798415 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10798415 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10798415 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10798415 frs-bus:SmallEntities 2023-07-01 2024-06-30 10798415 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10798415 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10798415 frs-core:CostValuation 2023-06-30 10798415 frs-core:CostValuation 2024-06-30 10798415 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 10798415 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 10798415 frs-bus:Director1 2023-07-01 2024-06-30 10798415 frs-bus:Director2 2023-07-01 2024-06-30 10798415 frs-countries:EnglandWales 2023-07-01 2024-06-30 10798415 2022-06-30 10798415 2023-06-30 10798415 2022-07-01 2023-06-30 10798415 frs-core:CurrentFinancialInstruments 2023-06-30 10798415 frs-core:Non-currentFinancialInstruments 2023-06-30 10798415 frs-core:RevaluationReserve 2023-06-30 10798415 frs-core:SharePremium 2023-06-30 10798415 frs-core:ShareCapital 2023-06-30 10798415 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10798415
BUIOH LTD
Unaudited Financial Statements
For The Year Ended 30 June 2024
Vertice Italy
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 30 June 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
24/03/2025
Vertice Italy
AIA
13 st swithin's lane
second floor
London
EC4N 8AL
Page 1
Page 2
Balance Sheet
Registered number: 10798415
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 87,819 87,819
Tangible Assets 5 361,656 361,656
Investments 7 466,964 466,964
916,439 916,439
CURRENT ASSETS
Cash at bank and in hand 1,032 1,032
1,032 1,032
Creditors: Amounts Falling Due Within One Year 8 (123,098 ) (123,098 )
NET CURRENT ASSETS (LIABILITIES) (122,066 ) (122,066 )
TOTAL ASSETS LESS CURRENT LIABILITIES 794,373 794,373
Creditors: Amounts Falling Due After More Than One Year 9 (446,427 ) (446,427 )
NET ASSETS 347,946 347,946
CAPITAL AND RESERVES
Called up share capital 10 2,000 2,000
Share premium account 455,895 455,895
Revaluation reserve 11 431,779 431,779
Profit and Loss Account (541,728 ) (541,728 )
SHAREHOLDERS' FUNDS 347,946 347,946
Page 2
Page 3
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 GIORDANO IOVINE
Director
24/03/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
BUIOH LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10798415 . The registered office is 13 St. Swithin's Lane,, 2nd Floor,, London, EC4N 8AL.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: )
- -
4. Intangible Assets
Development Costs
£
Cost
As at 1 July 2023 87,819
As at 30 June 2024 87,819
Net Book Value
As at 30 June 2024 87,819
As at 1 July 2023 87,819
5. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 July 2023 361,656
As at 30 June 2024 361,656
Net Book Value
As at 30 June 2024 361,656
As at 1 July 2023 361,656
Page 4
Page 5
6. Investment Property
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
Buildings at 
via Enrico De Nicola 46 £227271 ( EUR 260000) 
Piazza Enrico de Nicola £134384 ( EUR 150000) 
2024 2023
£ £
Cost 361,656 -
7. Investments
Associates
£
Cost
As at 1 July 2023 466,964
As at 30 June 2024 466,964
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 466,964
As at 1 July 2023 466,964
100% shares in LANIFICIO DIGITALE SRL ( nominal capital EUR 540000) 
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,759 6,759
Other creditors 116,339 116,339
123,098 123,098
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 446,427 446,427
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,000 2,000
11. Reserves
Revaluation Reserve
£
As at 1 July 2023 431,779
As at 30 June 2024 431,779
Page 5