Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 12 December 2022 false 1 January 2024 31 December 2024 31 December 2024 14535499 Mr Gerardo Orsi Alvarez Mr Hugo Sacchi Cerruti iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14535499 2023-12-31 14535499 2024-12-31 14535499 2024-01-01 2024-12-31 14535499 frs-core:ShareCapital 2024-12-31 14535499 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14535499 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14535499 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14535499 frs-bus:SmallEntities 2024-01-01 2024-12-31 14535499 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14535499 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14535499 frs-core:CostValuation 2023-12-31 14535499 frs-core:CostValuation 2024-12-31 14535499 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 14535499 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 14535499 frs-bus:Director1 2024-01-01 2024-12-31 14535499 frs-bus:Director2 2024-01-01 2024-12-31 14535499 frs-countries:EnglandWales 2024-01-01 2024-12-31 14535499 2022-12-11 14535499 2023-12-31 14535499 2022-12-12 2023-12-31 14535499 frs-core:ShareCapital 2023-12-31 14535499 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14535499
2inn Holding Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14535499
31 December 2024 31 December 2023
Notes $ $ $ $
FIXED ASSETS
Investments 4 49,889 49,889
49,889 49,889
CURRENT ASSETS
Debtors 5 2,003,828 -
Investments 6 100,000 100,000
Cash at bank and in hand 16,161 206
2,119,989 100,206
NET CURRENT ASSETS (LIABILITIES) 2,119,989 100,206
TOTAL ASSETS LESS CURRENT LIABILITIES 2,169,878 150,095
NET ASSETS 2,169,878 150,095
CAPITAL AND RESERVES
Called up share capital 7 50,889 50,889
Profit and Loss Account 2,118,989 99,206
SHAREHOLDERS' FUNDS 2,169,878 150,095
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 Gerardo Orsi Alvarez
Director
Mr Hugo Sacchi Cerruti
Director
13/03/2025
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
2inn Holding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14535499 . The registered office is 85 Great Portland Street, , First Floor, , London,, United Kingdom,, W1W 7LT.
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 prepared in US dollars which is the functional currency of the company.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Subsidiaries
$
Cost
As at 1 January 2024 49,889
As at 31 December 2024 49,889
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 49,889
As at 1 January 2024 49,889
The company holds more than 20% of the share capital of the following companies:
Name: DIVALLEY S.A.
Place of incorporation: Uruguay
Proportion of ownership interest and voting power held %: 100%
Name: CLIFEN S.A.
Place of incorporation: Uruguay
Proportion of ownership interest and voting power held %: 100%
Name: 2INSC MEXICO SAPI DE CV
Place of incorporation: Mexico
Proportion of ownership interest and voting power held %: 99.99%
Name: 2INNOVATEIT LLC
Place of incorporation: USA
Proportion of ownership interest and voting power held %: 100%
Name: 2INNOVATEIT USA LLC
Place of incorporation: USA
Proportion of ownership interest and voting power held %: 100%
The investments in subsidiaries are all stated at cost.
Page 2
Page 3
5. Debtors
31 December 2024 31 December 2023
$ $
Due within one year
Amounts owed by group undertakings 2,003,828 -
6. Current Asset Investments
31 December 2024 31 December 2023
$ $
Unlisted investments 100,000 100,000
7. Share Capital
31 December 2024 31 December 2023
$ $
Allotted, Called up and fully paid 50,889 50,889
8. Related Party Transactions
Included within Other Debtors is an amount of USD 2,003,828 (2023- USD 0) due from a Subsidiary,  that declared dividends for USD 2,019,828  but has only paid USD 16,000 in this period.
Page 3