Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 December 2024 31 December 2024 09517391 Mr Ferdinando Fusaro Mr Virgilio Sensi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09517391 2024-03-31 09517391 2024-12-31 09517391 2024-04-01 2024-12-31 09517391 frs-core:CurrentFinancialInstruments 2024-12-31 09517391 frs-core:ShareCapital 2024-12-31 09517391 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09517391 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2024-12-31 09517391 frs-bus:FilletedAccounts 2024-04-01 2024-12-31 09517391 frs-bus:SmallEntities 2024-04-01 2024-12-31 09517391 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2024-12-31 09517391 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2024-12-31 09517391 frs-core:CostValuation 2024-03-31 09517391 frs-core:CostValuation 2024-12-31 09517391 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 09517391 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 09517391 frs-core:UnlistedNon-exchangeTraded 2024-12-31 09517391 frs-core:UnlistedNon-exchangeTraded 2024-03-31 09517391 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 09517391 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 09517391 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 09517391 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 09517391 frs-bus:Director1 2024-04-01 2024-12-31 09517391 frs-bus:Director2 2024-04-01 2024-12-31 09517391 frs-countries:EnglandWales 2024-04-01 2024-12-31 09517391 2023-03-31 09517391 2024-03-31 09517391 2023-04-01 2024-03-31 09517391 frs-core:CurrentFinancialInstruments 2024-03-31 09517391 frs-core:ShareCapital 2024-03-31 09517391 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09517391
Scerade International Ltd
Unaudited Financial Statements
For the Period 1 April 2024 to 31 December 2024
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
Scerade International Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Scerade International Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 09517391

| 31 December 2024 | 31 March 2024
--- | --- | ---
| Notes | € | € | € | €
FIXED ASSETS
Investments | 4 |  | 871,000 |  | 871,000
|  |  | 871,000 |  | 871,000
CURRENT ASSETS
Investments | 5 | 1,965,062 |  | 1,670,012 |
Cash at bank and in hand |  | 188,314 |  | 248,025 |
|  | 2,153,376 |  | 1,918,037 |
Creditors: Amounts Falling Due Within One Year | 6 | (177,260 ) |  | - |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,976,116 |  | 1,918,037
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,847,116 |  | 2,789,037
NET ASSETS |  |  | 2,847,116 |  | 2,789,037
CAPITAL AND RESERVES
Called up share capital | 7 |  | 2,135 |  | 2,135
Profit and Loss Account |  |  | 2,844,981 |  | 2,786,902
SHAREHOLDERS' FUNDS |  |  | 2,847,116 |  | 2,789,037

For the period 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 Ferdinando Fusaro Director
19/09/2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Scerade International Ltd
Notes to the Financial Statements
For the Period 1 April 2024 to 31 December 2024
Notes to the Financial Statements
1. General Information
Scerade International Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09517391 . 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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euro 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 period was: NIL (2024: NIL)
- -
4. Investments

| Unlisted | Other | Total
--- | --- | --- | ---
| € | € | €
Cost
As at 1 April 2024 | 1,000 | 870,000 | 871,000
As at 31 December 2024 | 1,000 | 870,000 | 871,000
Provision
As at 1 April 2024 | - | - | -
As at 31 December 2024 | - | - | -
Net Book Value
As at 31 December 2024 | 1,000 | 870,000 | 871,000
As at 1 April 2024 | 1,000 | 870,000 | 871,000

Investments represents 100% of shareholding in VS Communicaiton Srl, a company incorporated in Romania with headquarters in Iasi, Splai Bahlui Mal Stang,nr.23, Iasi Country, registered with the Trade Register Office Iasi, under No J22/2148/2007, unique registration code RO22180182.
Investment in Other represents 24% of Shareholding in Intellcredit SPA, based in Italy, via Zoe Fontana 220-00131 Rome.
5. Current Asset Investments

| 31 December 2024 |  | 31 March 2024
--- | --- | --- | ---
| € |  | €
Unlisted investments | 1,400,145 |  | 1,119,559
Short term deposits | 564,917 |  | 550,453
| 1,965,062 |  | 1,670,012

Page 2
Page 3
Scerade International Ltd
Notes to the Financial Statements (continued)
For the Period 1 April 2024 to 31 December 2024
6. Creditors: Amounts Falling Due Within One Year

| 31 December 2024 |  | 31 March 2024
--- | --- | --- | ---
| € |  | €
Amounts owed to group undertaking | 173,944 |  | -
Accruals and deferred income | 3,316 |  | -
| 177,260 |  | -

7. Share Capital

| 31 December 2024 |  | 31 March 2024
--- | --- | --- | ---
| € |  | €
Allotted, Called up and fully paid | 2,135 |  | 2,135

Page 3