Acorah Software Products - Accounts Production 16.5.460 false true true false 18 September 2025 7 March 2024 31 December 2024 31 December 2024 15547108 Mr Bartosz Władysław Fijałkowski Mr Rafal Aleksander Kasprow EBS Corporate Services Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15547108 2024-03-06 15547108 2024-12-31 15547108 2024-03-07 2024-12-31 15547108 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-07 2024-12-31 15547108 frs-core:OtherResidualIntangibleAssets 2024-12-31 15547108 frs-core:OtherResidualIntangibleAssets 2024-03-07 2024-12-31 15547108 frs-core:OtherResidualIntangibleAssets 2024-03-06 15547108 frs-core:ShareCapital 2024-12-31 15547108 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 15547108 frs-bus:PrivateLimitedCompanyLtd 2024-03-07 2024-12-31 15547108 frs-bus:FilletedAccounts 2024-03-07 2024-12-31 15547108 frs-bus:SmallEntities 2024-03-07 2024-12-31 15547108 frs-bus:Audited 2024-03-07 2024-12-31 15547108 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-07 2024-12-31 15547108 frs-bus:Director1 2024-03-07 2024-12-31 15547108 frs-bus:Director2 2024-03-07 2024-12-31 15547108 frs-bus:CompanySecretary1 2024-03-07 2024-12-31 15547108 frs-countries:EnglandWales 2024-03-07 2024-12-31
Registered number: 15547108
BWRX Limited
Financial Statements
For the Period 7 March 2024 to 31 December 2024
Grenfell James Audit LLP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15547108
31 December 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 5,733,876
5,733,876
CURRENT ASSETS
Debtors 5 2,933
Cash at bank and in hand 1,298,125
1,301,058
Creditors: Amounts Falling Due Within One Year 6 (3,826 )
NET CURRENT ASSETS (LIABILITIES) 1,297,232
TOTAL ASSETS LESS CURRENT LIABILITIES 7,031,108
NET ASSETS 7,031,108
CAPITAL AND RESERVES
Called up share capital 7 7,050,000
Profit and Loss Account (18,892 )
SHAREHOLDERS' FUNDS 7,031,108
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 Bartosz Władysław Fijałkowski
Director
Mr Rafal Aleksander Kasprow
Director
18/09/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
BWRX Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15547108 . The registered office is One Glass Wharf, Bristol, BS2 0ZX.
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 financial statements have been prepared on a going concern basis despite a loss before tax this year of £18,892 which the directors consider to be appropriate due to group Company confirmation that sufficient financial support will be provided to enable the Company to continue its operations for a period of not less than 12 months from the date the balance sheet is signed. As at 31 December 2024 the Company had net assets of £7,031,108.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Licences. They are amortised to the profit and loss account over its estimated economic life of 10 years.
2.4. 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.
2.5. 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 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.
...CONTINUED
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2.5. Taxation - continued
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 period, 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.
2.6. Related Party Exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Intangible Assets
Licences
£
Cost
As at 7 March 2024 -
Additions 5,733,876
As at 31 December 2024 5,733,876
Net Book Value
As at 31 December 2024 5,733,876
As at 7 March 2024 -
5. Debtors
31 December 2024
£
Due within one year
Other debtors 2,933
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
31 December 2024
£
Other creditors 3,826
7. Share Capital
31 December 2024
£
Allotted, Called up and fully paid 7,050,000
8. Audit Information
The auditor's report on the accounts of BWRX Limited for the period ended 31 December 2024 was unqualified.
The auditor's report was signed by Edward Grenfell James (Senior Statutory Auditor) for and on behalf of Grenfell James Audit LLP , Statutory Auditor.
Grenfell James Audit LLP
13 The Courtyard
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Stratford upon Avon
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