Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07759714 Mr Alexander Allan Mr Graham Twaddle Mr James Ward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07759714 2023-12-31 07759714 2024-12-31 07759714 2024-01-01 2024-12-31 07759714 frs-core:CurrentFinancialInstruments 2024-12-31 07759714 frs-core:ShareCapital 2024-12-31 07759714 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07759714 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07759714 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07759714 frs-bus:SmallEntities 2024-01-01 2024-12-31 07759714 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07759714 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07759714 frs-bus:Director1 2024-01-01 2024-12-31 07759714 frs-bus:Director2 2024-01-01 2024-12-31 07759714 frs-bus:Director3 2024-01-01 2024-12-31 07759714 frs-countries:EnglandWales 2024-01-01 2024-12-31 07759714 2022-12-31 07759714 2023-12-31 07759714 2023-01-01 2023-12-31 07759714 frs-core:CurrentFinancialInstruments 2023-12-31 07759714 frs-core:ShareCapital 2023-12-31 07759714 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07759714
Solvrisk Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 07759714
2024 2023
Notes £ £ £ £
Creditors: Amounts Falling Due Within One Year 4 (32,637 ) (32,637 )
NET CURRENT ASSETS (LIABILITIES) (32,637 ) (32,637 )
TOTAL ASSETS LESS CURRENT LIABILITIES (32,637 ) (32,637 )
NET LIABILITIES (32,637 ) (32,637 )
CAPITAL AND RESERVES
Called up share capital 5 10,000 10,000
Profit and Loss Account (42,637 ) (42,637 )
SHAREHOLDERS' FUNDS (32,637) (32,637)
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.
On behalf of the board
Mr Alexander Allan
Director
10/04/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Solvrisk Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07759714 . The registered office is 47 Oakleigh Park North, London, N20 9AT.
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 Company currently does not have any staff on furlough, is repaying the VAT monthly in accordance with HMRC rules and is aiming to repay the bounce back loan out of cash flow.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 32,637 32,637
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
6. Contingent Liabilities
During the year, Corporate Modelling Services Limited, a related company took on a 5 year debt facility from the FSE group and granted a charge over its assets. The debt is cross guaranteed by all of the companies within the group, OPX Software Holdings Ltd, Solvrisk Ltd and Corporate Modelling Services Limted.
Page 2