Acorah Software Products - Accounts Production 16.2.850 false true 31 May 2024 1 June 2023 false 1 June 2024 31 March 2025 31 March 2025 13424186 Mr Konstantinos KARAVIAS iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13424186 2024-05-31 13424186 2025-03-31 13424186 2024-06-01 2025-03-31 13424186 frs-core:Non-currentFinancialInstruments 2025-03-31 13424186 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 13424186 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-31 13424186 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 13424186 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-03-31 13424186 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 13424186 frs-core:ShareCapital 2025-03-31 13424186 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-03-31 13424186 frs-bus:FilletedAccounts 2024-06-01 2025-03-31 13424186 frs-bus:SmallEntities 2024-06-01 2025-03-31 13424186 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-03-31 13424186 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-03-31 13424186 frs-bus:Director1 2024-06-01 2025-03-31 13424186 frs-countries:EnglandWales 2024-06-01 2025-03-31 13424186 2023-05-31 13424186 2024-05-31 13424186 2023-06-01 2024-05-31 13424186 frs-core:Non-currentFinancialInstruments 2024-05-31 13424186 frs-core:ShareCapital 2024-05-31
Registered number: 13424186
INVESTEC US LTD
Unaudited Financial Statements
For the Period 1 June 2024 to 31 March 2025
JOS ACCOUNTANTS LIMITED
Unit 3
51-57 High Street South
East Ham
London
E6 6EJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13424186
31 March 2025 31 May 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 100 100
Tangible Assets 5 711,296 -
711,396 100
TOTAL ASSETS LESS CURRENT LIABILITIES 711,396 100
Creditors: Amounts Falling Due After More Than One Year 6 (711,296 ) -
NET ASSETS 100 100
CAPITAL AND RESERVES
Called up share capital 7 100 100
SHAREHOLDERS' FUNDS 100 100
For the period ending 31 March 2025 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 Konstantinos KARAVIAS
Director
28th April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
INVESTEC US LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13424186 . The registered office is 321-323 High Road Office 1935, Chadwell Heath, London, RM6 6AX.
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.
2.3. 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:
Freehold Freehold
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2024: 1)
1 1
4. Intangible Assets
Development Costs
£
Cost
As at 1 June 2024 100
As at 31 March 2025 100
Net Book Value
As at 31 March 2025 100
As at 1 June 2024 100
5. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 June 2024 -
Additions 711,296
As at 31 March 2025 711,296
Net Book Value
As at 31 March 2025 711,296
As at 1 June 2024 -
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 May 2024
£ £
Other creditors 711,296 -
7. Share Capital
31 March 2025 31 May 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3