Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12357442 Mr Peter Gerwe Mr Peter Gerwe true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12357442 2023-12-31 12357442 2024-12-31 12357442 2024-01-01 2024-12-31 12357442 frs-core:CurrentFinancialInstruments 2024-12-31 12357442 frs-core:ComputerEquipment 2024-12-31 12357442 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12357442 frs-core:ComputerEquipment 2023-12-31 12357442 frs-core:FurnitureFittings 2024-12-31 12357442 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12357442 frs-core:FurnitureFittings 2023-12-31 12357442 frs-core:ShareCapital 2024-12-31 12357442 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12357442 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12357442 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12357442 frs-bus:SmallEntities 2024-01-01 2024-12-31 12357442 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12357442 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12357442 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 12357442 frs-bus:OrdinaryShareClass1 2024-12-31 12357442 1 2024-01-01 2024-12-31 12357442 frs-bus:Director1 2024-01-01 2024-12-31 12357442 frs-countries:EnglandWales 2024-01-01 2024-12-31 12357442 2022-12-31 12357442 2023-12-31 12357442 2023-01-01 2023-12-31 12357442 frs-core:CurrentFinancialInstruments 2023-12-31 12357442 frs-core:ShareCapital 2023-12-31 12357442 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12357442 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 12357442
Exit Invest Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Ten Forward Accounting
Chartered Certified Accountants
Suite 2A, 7th Floor
City Reach, 5 Greenwich View Place
London
E14 9NN
Exit Invest Ltd
Contents
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Exit Invest Ltd
Statement of Financial Position
As At 31 December 2024
Statement of Financial Position
Registered number: 12357442
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,226 1,442
1,226 1,442
CURRENT ASSETS
Debtors 5 76,908 71,857
Cash at bank and in hand 7,641 4
84,549 71,861
Creditors: Amounts Falling Due Within One Year 6 (64,378 ) (48,146 )
NET CURRENT ASSETS (LIABILITIES) 20,171 23,715
TOTAL ASSETS LESS CURRENT LIABILITIES 21,397 25,157
NET ASSETS 21,397 25,157
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement 21,396 25,156
SHAREHOLDERS' FUNDS 21,397 25,157
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Income Statement.
On behalf of the board
Mr Peter Gerwe
Director
12 September 2025
The notes on pages 2 to 4 form part of these financial statements.
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Exit Invest Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Exit Invest Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12357442 . The registered office is Suite 2a, 7th Floor, City Reach, 5 Greenwich View Place, London, E14 9NN.
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. 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 basis:
Fixtures & Fittings 25% Straight Line Basis
Computer Equipment 25% Straight Line Basis
2.4. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
2.5. 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.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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Exit Invest Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 - 1,955 1,955
Additions 324 - 324
As at 31 December 2024 324 1,955 2,279
Depreciation
As at 1 January 2024 - 513 513
Provided during the period 51 489 540
As at 31 December 2024 51 1,002 1,053
Net Book Value
As at 31 December 2024 273 953 1,226
As at 1 January 2024 - 1,442 1,442
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,000 9,000
Other debtors 50,000 50,000
Director's loan account 14,908 12,857
76,908 71,857
Other debtors include £47,500 (2023: £47,500) owed to the company by Storyfirst Limited, a company incorporated in the United Kingdom where Mr Peter Gerwe is also one of the directors and shareholders.
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 894 328
Corporation tax 33,977 39,203
VAT 13,227 6,865
Other creditors 15,080 635
Accruals and deferred income 1,200 1,115
64,378 48,146
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 0.01 each 1 1
8. Directors Advances, Credits and Guarantees
During the year, the director was advanced £79,972 and repaid £77,921. Interest at the approved HMRC rate has been applied to the loan. The balance at the year end is £14,908 (2023: £12,857). This was fully repaid on 30 April 2025.
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Exit Invest Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
9. Related Party Transactions
Axiom Media LimitedMr Peter Gerwe, who is the only director and shareholder in the company, is also one of the directors and shareholders in Axiom Media Limited.During the year the company invoiced Axiom Media Limited £108,000 (2023: £108,000). The balance due at year end was NIL (2023: £9,000)

Axiom Media Limited

Mr Peter Gerwe, who is the only director and shareholder in the company, is also one of the directors and shareholders in Axiom Media Limited.

During the year the company invoiced Axiom Media Limited £108,000 (2023: £108,000). The balance due at year end was NIL (2023: £9,000)

Beyond The Light VFX LtdMr Peter Gerwe, who is the only director and shareholder in the company, is also the director and one of the shareholders in Beyond The Light VFX Ltd.During the year the company invoiced Beyond The Light VFX Ltd £4,500 (2023: NIL)

Beyond The Light VFX Ltd

Mr Peter Gerwe, who is the only director and shareholder in the company, is also the director and one of the shareholders in Beyond The Light VFX Ltd.

During the year the company invoiced Beyond The Light VFX Ltd £4,500 (2023: NIL)

Storyfirst LimitedMr Peter Gerwe, who is the only director and shareholder in the company, is also one of the directors and shareholders in Storyfirst Limited.During the year the company invoiced Storyfirst Limited £12,000 (2023: £23,500). Additionally, at year end, Storyfirst Limited owed the company a loan of £47,500 (2023: £47,500). Included in creditors is an intercompany balance of £15,080.43 owed to Storyfirst Limited.

Storyfirst Limited

Mr Peter Gerwe, who is the only director and shareholder in the company, is also one of the directors and shareholders in Storyfirst Limited.

During the year the company invoiced Storyfirst Limited £12,000 (2023: £23,500). Additionally, at year end, Storyfirst Limited owed the company a loan of £47,500 (2023: £47,500). Included in creditors is an intercompany balance of £15,080.43 owed to Storyfirst Limited.

10. Ultimate Controlling Party
The company's ultimate controlling party is Mr Peter Gerwe by virtue of his ownership of 100% of the issued share capital in the company.
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