Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12257403 Mr Mikael Andersson Mr George Goodwille Goodwille Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12257403 2023-12-31 12257403 2024-12-31 12257403 2024-01-01 2024-12-31 12257403 frs-core:CurrentFinancialInstruments 2024-12-31 12257403 frs-core:ShareCapital 2024-12-31 12257403 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12257403 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12257403 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12257403 frs-bus:SmallEntities 2024-01-01 2024-12-31 12257403 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12257403 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12257403 frs-bus:Director1 2024-01-01 2024-12-31 12257403 frs-bus:Director2 2024-01-01 2024-12-31 12257403 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 12257403 frs-countries:EnglandWales 2024-01-01 2024-12-31 12257403 2022-12-31 12257403 2023-12-31 12257403 2023-01-01 2023-12-31 12257403 frs-core:CurrentFinancialInstruments 2023-12-31 12257403 frs-core:ShareCapital 2023-12-31 12257403 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12257403
Darwin Capital Management Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Goodwille Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 12257403
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 18,536 60,720
Cash at bank and in hand 2,644 657
21,180 61,377
Creditors: Amounts Falling Due Within One Year 5 (94,987 ) (28,875 )
NET CURRENT ASSETS (LIABILITIES) (73,807 ) 32,502
TOTAL ASSETS LESS CURRENT LIABILITIES (73,807 ) 32,502
NET (LIABILITIES)/ASSETS (73,807 ) 32,502
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (73,808 ) 32,501
SHAREHOLDERS' FUNDS (73,807) 32,502
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 Mikael Andersson
Director
11/07/2025
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Darwin Capital Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12257403 . The registered office is 85 Great Portland Street, First Floor, London, 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.
2.2. Going Concern Disclosure
Though the Company is operating at a loss, the Directors have a reasonable expectation that the Company will continue to have access to adequate resources to continue in operational existence for the foreseeable future. The Directors have considered a letter of support from its shareholders stating that they will support the Company should it not be in a position to meet any repayment obligations. Thus, the Directors continue to adopt the going concern basis in preparing the annual financial statements.
2.3. 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 rendering of services. Turnover is reduced for rebates and other similar allowances.
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.
2.4. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.5. 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.
2.6. Cash and Cash Equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.7. Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Trade debtors are amounts due from customers for services performed in the ordinary course of business.
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2.8. Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, 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. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities
2.9. Share Capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 38,796
Prepayments and accrued income 3,345 3,765
Corporation tax recoverable assets - 9,449
VAT 11,191 4,710
Amounts owed by group undertakings 4,000 4,000
18,536 60,720
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,197 3,674
Accruals and deferred income 1,500 1,200
Amounts owed to related parties 91,290 24,001
94,987 28,875
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Dividends
No dividends were proposed or paid during the current or previous year.
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8. Related Party Transactions
Agora Holdings Limited50% shareholderAgora Holdings loaned the company a further £67,288.64 during the period, bringing the total loan repayable as at 31 December 2024 to £84,288.64. The loan is unsecured, interest-free, and repayable on demand.

Agora Holdings Limited

50% shareholder

Agora Holdings loaned the company a further £67,288.64 during the period, bringing the total loan repayable as at 31 December 2024 to £84,288.64. The loan is unsecured, interest-free, and repayable on demand.

Mikael AnderssonDirector and 50% shareholderThe loan repayable to Mr Andersson as at 31 December 2024 totalled £7,001. The loan is unsecured, interest-free, and repayable on demand.

Mikael Andersson

Director and 50% shareholder

The loan repayable to Mr Andersson as at 31 December 2024 totalled £7,001. The loan is unsecured, interest-free, and repayable on demand.

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