Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10490271 Mr Daniele Dell'Orletta Daniele Dell'Orletta true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10490271 2023-09-30 10490271 2024-09-30 10490271 2023-10-01 2024-09-30 10490271 frs-core:FurnitureFittings 2024-09-30 10490271 frs-core:FurnitureFittings 2023-10-01 2024-09-30 10490271 frs-core:FurnitureFittings 2023-09-30 10490271 frs-core:ShareCapital 2024-09-30 10490271 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10490271 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10490271 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10490271 frs-bus:SmallEntities 2023-10-01 2024-09-30 10490271 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10490271 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10490271 1 2023-10-01 2024-09-30 10490271 frs-core:CostValuation 2023-09-30 10490271 frs-core:AdditionsToInvestments 2024-09-30 10490271 frs-core:DisposalsRepaymentsInvestments 2024-09-30 10490271 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-09-30 10490271 frs-core:CostValuation 2024-09-30 10490271 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 10490271 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 10490271 frs-core:ListedExchangeTraded 2024-09-30 10490271 frs-core:ListedExchangeTraded 2023-09-30 10490271 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-09-30 10490271 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-09-30 10490271 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-09-30 10490271 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-09-30 10490271 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-09-30 10490271 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-09-30 10490271 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-09-30 10490271 frs-core:UnlistedNon-exchangeTraded 2024-09-30 10490271 frs-core:UnlistedNon-exchangeTraded 2023-09-30 10490271 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 10490271 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 10490271 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 10490271 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 10490271 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 10490271 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 10490271 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 10490271 frs-bus:Director1 2023-10-01 2024-09-30 10490271 frs-countries:EnglandWales 2023-10-01 2024-09-30 10490271 2022-09-30 10490271 2023-09-30 10490271 2022-10-01 2023-09-30 10490271 frs-core:ShareCapital 2023-09-30 10490271 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10490271
Greenwich Capital Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10490271
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,274 -
Investments 5 75,322 362,685
78,596 362,685
CURRENT ASSETS
Debtors 6 341,543 435,477
Cash at bank and in hand 488,703 80,193
830,246 515,670
Creditors: Amounts falling due within one year 7 (14,523 ) (1,680 )
NET CURRENT ASSETS (LIABILITIES) 815,723 513,990
TOTAL ASSETS LESS CURRENT LIABILITIES 894,319 876,675
PROVISIONS FOR LIABILITIES
Deferred Taxation (622 ) -
NET ASSETS 893,697 876,675
CAPITAL AND RESERVES
Called up share capital 8 101 101
Profit and Loss Account 893,596 876,574
SHAREHOLDERS' FUNDS 893,697 876,675
Page 1
Page 2
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Daniele Dell'Orletta
Director
15/04/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Greenwich Capital Limited is a private company limited by shares, and is incorporated in England & Wales (registered number 10490271 .) Its registered office is located at No. 5 The Heights, Brooklands, Weybridge, Surrey, KT13 0NY.
The principal activity of the company continued to be that of an investment holding company.
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 financial statements are presented in sterling, which is the functional currency of the company.
2.2. 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
2.3. Financial Instruments
The company enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans with related parties and other third parties.
Financial Assets
Basic financial assets, including trade and other receivables, and cash and bank balances are recognised at transaction price, less any impairment.
Accounting policies concerning investments held by the company are detailed in separate notes below.
Financial Liabilities
Basic financial liabilities, including trade and other payables, are recognised at transaction price, less any impairment, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
2.4. Foreign Currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. All foreign exchange differences are taken to the profit and loss account.
2.5. Taxation
The overall tax charge represents the sum of the tax currently payable and deferred tax.
Current and deferred tax are recognised in the profit and loss account for the year, 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.  On the grounds of immateriality, deferred tax assets and liabilities are not discounted.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because it excludes items of income and expenditure that are not taxable or deductible, or that are taxable or deductible in other accounting periods. 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
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise.  Timing differences arise from the inclusion of items of income and expenditure in the taxation computation in periods different from those in which they are included in the financial statements. 
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered.
2.6. Investments in subsidiaries
 Investments in subsidiaries are recognised at cost less impairment.
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2.7. Listed investments
Listed investments comprise a portfolio of publicly-traded debt securities, which are initially recognised at cost and subsequently restated to quoted market value as at the balance sheet date.   Gains and losses on revaluation are recognised in the profit and loss account.
Gains and losses on disposal of these assets are recognised in the profit and loss account.  
Interest income derived from ownership of such assets is recognised in the profit and loss account.  
2.8. Unlisted investments
These represent investments made in unlisted investment vehicles.  They are initially held at cost and subsequently restated to fair value through profit and loss, where a reliable valuation is available.
Gains and losses on disposal of these assets are recognised in the profit and loss account.  
Investment income derived from ownership of such assets is recognised in the profit and loss account.  
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 October 2023 -
Additions 3,742
As at 30 September 2024 3,742
Depreciation
As at 1 October 2023 -
Provided during the period 468
As at 30 September 2024 468
Net Book Value
As at 30 September 2024 3,274
As at 1 October 2023 -
5. Investments
Subsidiaries Listed Unlisted Total
£ £ £ £
Cost
As at 1 October 2023 1 362,684 - 362,685
Additions - - 51,060 51,060
Disposals - (346,899 ) - (346,899 )
Revaluations - (240 ) 8,716 8,476
As at 30 September 2024 1 15,545 59,776 75,322
Provision
As at 1 October 2023 - - - -
As at 30 September 2024 - - - -
...CONTINUED
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Net Book Value
As at 30 September 2024 1 15,545 59,776 75,322
As at 1 October 2023 1 362,684 - 362,685
Listed investments are initially recognised at cost and subsequently restated to quoted market value as at the balance sheet date.   
Unlisted investments are initially held at cost and subsequently restated to fair value through profit and loss, where a reliable valuation is available.  
Investments in subsidiaries are recognised at cost less impairment.
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 337,128 435,477
Due after more than one year
Other debtors 4,415 -
341,543 435,477
7. Creditors: Amounts falling due within one year
2024 2023
£ £
Other creditors 14,523 1,680
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
9. Related Party Transactions
At the balance sheet date, the company was due £333,978 (2023: £333,978) from Greenwich Re Limited, which is a wholly-owned subsidiary of the company.  This loan is interest-free and repayable on demand.
At the balance sheet date, the company owed £2,883 to (2023: £101,499 was due from) the director.
10. Ultimate Controlling Party
The company's ultimate controlling party is Daniele Dell'Orletta , by virtue of his shareholding in the company.
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