Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10827561 Mrs Houri Mousavi Mr Hossein Hamedani Piccadilly Prime Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10827561 2023-06-30 10827561 2024-06-30 10827561 2023-07-01 2024-06-30 10827561 frs-core:CurrentFinancialInstruments 2024-06-30 10827561 frs-core:Non-currentFinancialInstruments 2024-06-30 10827561 frs-core:OtherResidualIntangibleAssets 2024-06-30 10827561 frs-core:OtherResidualIntangibleAssets 2023-06-30 10827561 frs-core:ShareCapital 2024-06-30 10827561 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10827561 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10827561 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10827561 frs-bus:SmallEntities 2023-07-01 2024-06-30 10827561 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10827561 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10827561 frs-bus:Director1 2023-07-01 2024-06-30 10827561 frs-bus:Director2 2023-07-01 2024-06-30 10827561 frs-bus:Director3 2023-07-01 2024-06-30 10827561 frs-countries:EnglandWales 2023-07-01 2024-06-30 10827561 2022-06-30 10827561 2023-06-30 10827561 2022-07-01 2023-06-30 10827561 frs-core:CurrentFinancialInstruments 2023-06-30 10827561 frs-core:Non-currentFinancialInstruments 2023-06-30 10827561 frs-core:ShareCapital 2023-06-30 10827561 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10827561
Global Investment Network Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Global Investment Network Ltd for the year ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Global Investment Network Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Global Investment Network Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Global Investment Network Ltd and state those matters that we have agreed to state to the directors of Global Investment Network Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Global Investment Network Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Global Investment Network Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Global Investment Network Ltd . You consider that Global Investment Network Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Global Investment Network Ltd . 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
Anderson Ross Accounting and Tax
24 March 2025
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Page 1
Page 2
Balance Sheet
Registered number: 10827561
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 4,860 4,860
4,860 4,860
Creditors: Amounts Falling Due Within One Year 5 (1,080 ) (720 )
NET CURRENT ASSETS (LIABILITIES) 3,780 4,140
TOTAL ASSETS LESS CURRENT LIABILITIES 3,780 4,140
Creditors: Amounts Falling Due After More Than One Year 6 (74,247 ) (74,247 )
NET LIABILITIES (70,467 ) (70,107 )
CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Profit and Loss Account (80,467 ) (80,107 )
SHAREHOLDERS' FUNDS (70,467) (70,107)
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 Hossein Hamedani
Director
24 March 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate. The directors have confrim their commitment to continue supporting the company.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
3. Intangible Assets
Other
£
Cost
As at 1 July 2023 66,949
As at 30 June 2024 66,949
Amortisation
As at 1 July 2023 66,949
As at 30 June 2024 66,949
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
The intangible assets have been impaired to NIL.
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 4,860 4,860
Page 4
Page 5
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 1,080 720
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 74,247 74,247
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
Page 5