Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11079292 Edwardson Parker Associates Limited Ms Veronica Tapalaga Mrs. Giulia Occhipinti true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11079292 2023-12-31 11079292 2024-12-31 11079292 2024-01-01 2024-12-31 11079292 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 11079292 frs-core:OtherResidualIntangibleAssets 2024-12-31 11079292 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 11079292 frs-core:OtherResidualIntangibleAssets 2023-12-31 11079292 frs-core:ShareCapital 2024-12-31 11079292 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11079292 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11079292 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11079292 frs-bus:SmallEntities 2024-01-01 2024-12-31 11079292 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11079292 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11079292 1 2024-01-01 2024-12-31 11079292 frs-core:CostValuation 2023-12-31 11079292 frs-core:DisposalsRepaymentsInvestments 2024-12-31 11079292 frs-core:CostValuation 2024-12-31 11079292 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 11079292 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 11079292 frs-core:UnlistedNon-exchangeTraded 2024-12-31 11079292 frs-core:UnlistedNon-exchangeTraded 2023-12-31 11079292 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 11079292 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11079292 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 11079292 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 11079292 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 11079292 frs-bus:Director1 2024-01-01 2024-12-31 11079292 frs-bus:Director2 2024-01-01 2024-12-31 11079292 frs-core:CurrentFinancialInstruments 2 2024-12-31 11079292 frs-countries:EnglandWales 2024-01-01 2024-12-31 11079292 2022-12-31 11079292 2023-12-31 11079292 2023-01-01 2023-12-31 11079292 frs-core:CurrentFinancialInstruments 2023-12-31 11079292 frs-core:ShareCapital 2023-12-31 11079292 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11079292 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 11079292
GILOGI’S HOLDING 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—3
Page 1
Balance Sheet
Registered number: 11079292
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 2,000
Investments 5 - 8,918
- 10,918
CURRENT ASSETS
Debtors 6 8,501 999
8,501 999
Creditors: Amounts Falling Due Within One Year 7 - (2,500 )
NET CURRENT ASSETS (LIABILITIES) 8,501 (1,501 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,501 9,417
NET ASSETS 8,501 9,417
CAPITAL AND RESERVES
Called up share capital 8 9,917 9,917
Profit and Loss Account (1,416 ) (500 )
SHAREHOLDERS' FUNDS 8,501 9,417
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
Ms Veronica Tapalaga
Director
06/05/2025
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
GILOGI’S HOLDING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11079292 . The registered office is 19 The Circle , Queen Elizabeth Street, London, 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.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible are not amortised.
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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 2,000
Disposals (2,000 )
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 2,000
Page 2
Page 3
5. Investments
Unlisted Other Total
£ £ £
Cost
As at 1 January 2024 1 8,917 8,918
Disposals (1 ) (8,917 ) (8,918 )
As at 31 December 2024 - - -
Provision
As at 1 January 2024 - - -
As at 31 December 2024 - - -
Net Book Value
As at 31 December 2024 - - -
As at 1 January 2024 1 8,917 8,918
Investments represents the following:-
1) 100% shareholding of Itaka International Ltd, a company incorporated in United Kingdom for GBP 1.
2) Investment transferred to Holding Gilogi's Ltd.
6. Debtors
2024 2023
£ £
Due within one year
Other debtors - 999
Holding's Gilogi 8,501 -
8,501 999
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Itaka International - 2,500
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 9,917 9,917
GBP 1,000
EUR 10,000 equivalent to GBP 8,917
9. Related Party Transactions
During the year, company repaid a loan to Itaka international Ltd, as on 31.12.2024 the outstanding balance is Nil (2023: £2,500 )which is included in note number 7.
During the year, company has taken a loan from Holding's Gilogi Ltd, as on 31.12.2024 the outstanding balance is £8,501 (2023: Nil )which is included in note number 6.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mrs. Giulia Occhipinti by virtue of his ownership of 75% or more of the issued share capital in the company.
Page 3