Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10685448 Mr Alin Bildea Mr Emil Bildea Mr Alin Bildea Mr Emil Bildea iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10685448 2023-12-31 10685448 2024-12-31 10685448 2024-01-01 2024-12-31 10685448 frs-core:WithinOneYear 2024-12-31 10685448 frs-core:ShareCapital 2024-12-31 10685448 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10685448 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10685448 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 10685448 frs-bus:SmallEntities 2024-01-01 2024-12-31 10685448 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10685448 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10685448 frs-bus:Director1 2024-01-01 2024-12-31 10685448 frs-bus:Director2 2024-01-01 2024-12-31 10685448 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 10685448 frs-bus:CompanySecretary2 2024-01-01 2024-12-31 10685448 frs-countries:EnglandWales 2024-01-01 2024-12-31 10685448 2022-12-31 10685448 2023-12-31 10685448 2023-01-01 2023-12-31 10685448 frs-core:WithinOneYear 2023-12-31 10685448 frs-core:ShareCapital 2023-12-31 10685448 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10685448
BINAPE ELEVATORS UK LIMITED
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Abridged Balance Sheet
Registered number: 10685448
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 215,507 147,760
Cash at bank and in hand 532,428 171,725
747,935 319,485
Creditors: Amounts Falling Due Within One Year (132,110 ) (52,019 )
NET CURRENT ASSETS (LIABILITIES) 615,825 267,466
TOTAL ASSETS LESS CURRENT LIABILITIES 615,825 267,466
NET ASSETS 615,825 267,466
CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and Loss Account 615,725 267,366
SHAREHOLDERS' FUNDS 615,825 267,466
For the year 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Alin Bildea
Director
24/03/2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Abridged Financial Statements
1. General Information
BINAPE ELEVATORS UK LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10685448 . The registered office is 5-9 Headstone Road, Harrow, Middlesex, HA1 1PD.
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. The principal accounting policies adopted are set out below.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to
adopt the going concern basis of accounting in preparing the financial statements.
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 rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.

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. Leasing and Hire Purchase Contracts
Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asst are consumed. 
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 10 18
10 18
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4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
5. Other Commitments
Operating lease commitments not included in the balance sheet amount to £829 (2023 - £3,404).
2024 2023
£ £
Not later than one year 829 3,404
829 3,404
6. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid - 250,000
Dividend was paid to the parent company, Binape Company Limited.
7. Related Party Transactions
During the period, one of the group member company (S.C. BINAPE CONSTRUCT GRUP S.R.L.) provided consultancy, maintenaence & logistic services, equipment hire and staff accoumodation at total cost of £333,242 (2023- £342,965). The transaction was conducted at normal commercial terms. 
8. Parent company
The company's ultimate parent undertaking at the balance sheet date was Binape Company Limited, a company registered in Ireland.
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