Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11775819 Mr Massimiliano Patane Mr Ferdinando Fusaro true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11775819 2023-12-31 11775819 2024-12-31 11775819 2024-01-01 2024-12-31 11775819 frs-core:SharePremium 2024-12-31 11775819 frs-core:ShareCapital 2024-12-31 11775819 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11775819 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11775819 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11775819 frs-bus:SmallEntities 2024-01-01 2024-12-31 11775819 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11775819 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11775819 1 2024-01-01 2024-12-31 11775819 frs-bus:Director1 2024-01-01 2024-12-31 11775819 frs-bus:Director1 2023-12-31 11775819 frs-bus:Director1 2024-12-31 11775819 frs-bus:Director2 2024-01-01 2024-12-31 11775819 frs-core:CurrentFinancialInstruments 1 2024-12-31 11775819 frs-countries:EnglandWales 2024-01-01 2024-12-31 11775819 2022-12-31 11775819 2023-12-31 11775819 2023-01-01 2023-12-31 11775819 frs-core:SharePremium 2023-12-31 11775819 frs-core:ShareCapital 2023-12-31 11775819 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11775819 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 11775819
ITALPOWER GLOBAL LTD
Unaudited Financial Statements
For The Year Ended 31 December 2024
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11775819
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1 1
1 1
Creditors: Amounts Falling Due Within One Year 5 (172,692 ) (172,692 )
NET CURRENT ASSETS (LIABILITIES) (172,691 ) (172,691 )
TOTAL ASSETS LESS CURRENT LIABILITIES (172,691 ) (172,691 )
NET LIABILITIES (172,691 ) (172,691 )
CAPITAL AND RESERVES
Called up share capital 6 101 101
Share premium account 78,900 78,900
Profit and Loss Account (251,692 ) (251,692 )
SHAREHOLDERS' FUNDS (172,691) (172,691)
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 Massimiliano Patane
Director
07/05/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
ITALPOWER GLOBAL LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11775819 . The registered office is 19 The Circle, Queen Elizabeth Street, London, England, SE1 2JE.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Director's Loan Account 1 1
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Intercompany- Tria Spain 172,692 172,692
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Massimiliano Patane 1 - - - 1
The above loan is unsecured, interest free and repayable on demand.
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Massimiliano Patane by virtue of his ownership of 75% or more of the issued share capital in the company.
Page 2