Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05605145 Mr R Paglieri Mr M Paglieri Mr S Fischer Ms R Detamore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05605145 2023-12-31 05605145 2024-12-31 05605145 2024-01-01 2024-12-31 05605145 frs-core:CurrentFinancialInstruments 2024-12-31 05605145 frs-core:ShareCapital 2024-12-31 05605145 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05605145 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05605145 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05605145 frs-bus:SmallEntities 2024-01-01 2024-12-31 05605145 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05605145 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05605145 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 05605145 frs-bus:OrdinaryShareClass1 2024-12-31 05605145 1 2024-01-01 2024-12-31 05605145 frs-core:CostValuation 2023-12-31 05605145 frs-core:CostValuation 2024-12-31 05605145 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 05605145 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 05605145 frs-bus:Director1 2024-01-01 2024-12-31 05605145 frs-bus:Director2 2024-01-01 2024-12-31 05605145 frs-bus:Director3 2024-01-01 2024-12-31 05605145 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05605145 frs-countries:EnglandWales 2024-01-01 2024-12-31 05605145 frs-countries:UnitedStates 2024-01-01 2024-12-31 05605145 2022-12-31 05605145 2023-12-31 05605145 2023-01-01 2023-12-31 05605145 frs-core:CurrentFinancialInstruments 2023-12-31 05605145 frs-core:ShareCapital 2023-12-31 05605145 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05605145 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 05605145
ACI Industries Company UK Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Ripe LLP
9A Burroughs Gardens
London
NW4 4AU
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mr R Paglieri
Mr M Paglieri
Mr S Fischer
Secretary Ms R Detamore
Company Number 05605145
Registered Office 9a Burroughs Gardens
London
NW4 4AU
Business 970 Pittsburgh Drive
Delaware, Ohio
United States of America
43 015
Accountants Ripe LLP
Chartered Accountants
9A Burroughs Gardens
London
NW4 4AU
Page 1
Page 2
Balance Sheet
Registered number: 05605145
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 7,500 7,500
7,500 7,500
CURRENT ASSETS
Debtors 5 246,142 158,783
Cash at bank and in hand - 65,919
246,142 224,702
Creditors: Amounts Falling Due Within One Year 6 (8,737 ) (16,248 )
NET CURRENT ASSETS (LIABILITIES) 237,405 208,454
TOTAL ASSETS LESS CURRENT LIABILITIES 244,905 215,954
NET ASSETS 244,905 215,954
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 244,805 215,854
SHAREHOLDERS' FUNDS 244,905 215,954
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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 S Fischer
Director
07/08/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
ACI Industries Company UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05605145 . The registered office is 9a Burroughs Gardens, London, NW4 4AU .
The principal place of business is: 970 Pittsburg Drive, Delaware, Ohio, 43015, USA
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.
2.3. 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.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Investments
Subsidiaries
£
Cost
As at 1 January 2024 7,500
As at 31 December 2024 7,500
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 7,500
As at 1 January 2024 7,500
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 207,891 109,034
Other debtors 38,251 49,749
246,142 158,783
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Taxation and social security 8,737 16,248
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
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8. Controlling Parties
The company's immediate parent undertaking is ACI Industries Nv Inc .
The ultimate parent undertaking is (incorporated in United States). Its registered office is 411 East Bonneville Avenue, Suite 400, Las Vegas, NV 89101, United States .
The principal activity of ACI Industries Nv Inc is purchases, processes and sells metal bearing materials.
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