Acorah Software Products - Accounts Production 14.6.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12280499 ANEMOI VENTURES LIMITED Mr Rupert Rohan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12280499 2023-10-31 12280499 2024-10-31 12280499 2023-11-01 2024-10-31 12280499 frs-core:CurrentFinancialInstruments 2024-10-31 12280499 frs-core:Non-currentFinancialInstruments 2024-10-31 12280499 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-01 2024-10-31 12280499 frs-core:FurnitureFittings 2024-10-31 12280499 frs-core:FurnitureFittings 2023-11-01 2024-10-31 12280499 frs-core:FurnitureFittings 2023-10-31 12280499 frs-core:OtherResidualIntangibleAssets 2024-10-31 12280499 frs-core:OtherResidualIntangibleAssets 2023-11-01 2024-10-31 12280499 frs-core:OtherResidualIntangibleAssets 2023-10-31 12280499 frs-core:PlantMachinery 2024-10-31 12280499 frs-core:PlantMachinery 2023-11-01 2024-10-31 12280499 frs-core:PlantMachinery 2023-10-31 12280499 frs-core:SharePremium 2024-10-31 12280499 frs-core:ShareCapital 2024-10-31 12280499 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12280499 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12280499 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12280499 frs-bus:SmallEntities 2023-11-01 2024-10-31 12280499 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12280499 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12280499 frs-core:ListedExchangeTraded 2024-10-31 12280499 frs-core:ListedExchangeTraded 2023-10-31 12280499 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-10-31 12280499 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-10-31 12280499 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-10-31 12280499 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-10-31 12280499 frs-bus:Director1 2023-11-01 2024-10-31 12280499 frs-bus:Director2 2023-11-01 2024-10-31 12280499 frs-countries:EnglandWales 2023-11-01 2024-10-31 12280499 2022-10-31 12280499 2023-10-31 12280499 2022-11-01 2023-10-31 12280499 frs-core:CurrentFinancialInstruments 2023-10-31 12280499 frs-core:Non-currentFinancialInstruments 2023-10-31 12280499 frs-core:SharePremium 2023-10-31 12280499 frs-core:ShareCapital 2023-10-31 12280499 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 12280499
Moda Industries Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12280499
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,436,654 2,920,253
Tangible Assets 5 - 1,723
Investments 6 220,000 220,000
2,656,654 3,141,976
CURRENT ASSETS
Stocks 7 450,000 656,539
Debtors 8 1,678,730 2,567,454
Cash at bank and in hand 959 16,214
2,129,689 3,240,207
Creditors: Amounts Falling Due Within One Year 9 (525,746 ) (505,418 )
NET CURRENT ASSETS (LIABILITIES) 1,603,943 2,734,789
TOTAL ASSETS LESS CURRENT LIABILITIES 4,260,597 5,876,765
Creditors: Amounts Falling Due After More Than One Year 10 - (12,284,133 )
NET ASSETS/(LIABILITIES) 4,260,597 (6,407,368 )
CAPITAL AND RESERVES
Called up share capital 11 267 116
Share premium account 15,172,743 1,852,759
Profit and Loss Account (10,912,413 ) (8,260,243 )
SHAREHOLDERS' FUNDS 4,260,597 (6,407,368)
Page 1
Page 2
For the year ending 31 October 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
ANEMOI VENTURES LIMITED
Director
Mr Rupert Rohan
Director
21/07/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Moda Industries Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12280499 . The registered office is Aberdeen House , South Road, Haywards Heath, RH16 4NG.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are design IPs, agreements and licences. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4. 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:
Plant & Machinery 10% Straight line basis
Fixtures & Fittings 10% Straight line basis
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities 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. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 4)
2 4
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4. Intangible Assets
Other
£
Cost
As at 1 November 2023 5,730,746
Additions 795,688
As at 31 October 2024 6,526,434
Amortisation
As at 1 November 2023 2,810,493
Provided during the period 1,279,287
As at 31 October 2024 4,089,780
Net Book Value
As at 31 October 2024 2,436,654
As at 1 November 2023 2,920,253
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 November 2023 161,090 7,073 168,163
Other 10,000 - 10,000
As at 31 October 2024 171,090 7,073 178,163
Depreciation
As at 1 November 2023 160,625 5,815 166,440
Provided during the period 465 1,258 1,723
Other 10,000 - 10,000
As at 31 October 2024 171,090 7,073 178,163
Net Book Value
As at 31 October 2024 - - -
As at 1 November 2023 465 1,258 1,723
6. Investments
Listed
£
Cost
As at 1 November 2023 220,000
As at 31 October 2024 220,000
Provision
As at 1 November 2023 -
As at 31 October 2024 -
...CONTINUED
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Net Book Value
As at 31 October 2024 220,000
As at 1 November 2023 220,000
7. Stocks
2024 2023
£ £
Finished goods 450,000 550,000
Work in progress - 106,539
450,000 656,539
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 263,291 143,261
Prepayments and accrued income 506,983 1,125,000
Other debtors (157,677 ) 22,040
612,597 1,290,301
Due after more than one year
Amounts owed by associates 1,066,133 1,277,153
1,678,730 2,567,454
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 452,224 346,447
Other taxes and social security 27,527 30,585
VAT 15,995 5,362
Other creditors 20,000 28,024
Accruals and deferred income 10,000 29,000
Directors' loan accounts - 66,000
525,746 505,418
10. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 9,970,000
Accruals and deferred income - 2,314,133
- 12,284,133
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 267 116
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