Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13783055 Mr Guy David Oren iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13783055 2023-12-31 13783055 2024-12-31 13783055 2024-01-01 2024-12-31 13783055 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13783055 frs-core:OtherResidualIntangibleAssets 2024-12-31 13783055 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 13783055 frs-core:OtherResidualIntangibleAssets 2023-12-31 13783055 frs-core:ShareCapital 2024-12-31 13783055 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13783055 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13783055 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13783055 frs-bus:SmallEntities 2024-01-01 2024-12-31 13783055 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13783055 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13783055 frs-core:CostValuation 2023-12-31 13783055 frs-core:CostValuation 2024-12-31 13783055 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 13783055 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 13783055 frs-bus:Director1 2024-01-01 2024-12-31 13783055 frs-countries:EnglandWales 2024-01-01 2024-12-31 13783055 2022-12-31 13783055 2023-12-31 13783055 2023-01-01 2023-12-31 13783055 frs-core:ShareCapital 2023-12-31 13783055 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13783055
Guytech Group Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
ACTS Global Ltd
3rd Floor, Norvin House
45-55 Commercial Street
London
E1 6BD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13783055
2024 2023
Notes $ $ $ $
FIXED ASSETS
Intangible Assets 4 214,654 215,102
Investments 5 90,395 90,395
305,049 305,497
CURRENT ASSETS
Cash at bank and in hand 154 148
154 148
Creditors: Amounts Falling Due Within One Year 6 (303,815 ) (298,202 )
NET CURRENT ASSETS (LIABILITIES) (303,661 ) (298,054 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,388 7,443
NET ASSETS 1,388 7,443
CAPITAL AND RESERVES
Called up share capital 7 1,323 1,323
Profit and Loss Account 65 6,120
SHAREHOLDERS' FUNDS 1,388 7,443
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 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 Profit and Loss Account.
On behalf of the board
Mr Guy David Oren
Director
26th September 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
Guytech Group Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13783055 . The registered office is 3rd Floor Norvin House, 45-55 Commercial Street, London, E1 6BD.
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. 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 good, from the rendering of services and from dividends received. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are digital assets USDT and USDC in crypto wallet. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Other
$
Cost or Valuation
As at 1 January 2024 215,102
Revaluations (448 )
As at 31 December 2024 214,654
Net Book Value
As at 31 December 2024 214,654
As at 1 January 2024 215,102
5. Investments
Subsidiaries
$
Cost or Valuation
As at 1 January 2024 90,395
As at 31 December 2024 90,395
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 90,395
As at 1 January 2024 90,395
Page 2
Page 3
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
The company holds 100% of the share capital of Meep Limited, purchased at £1.00 each.
On 14th July 2023, the company purchased 1,734,270 units of ROSE tokens amounting to $89,093. The tokens were transferred to Meep Limited as capital contribution.
6. Creditors: Amounts Falling Due Within One Year
2024 2023
$ $
Other creditors 303,815 298,202
7. Share Capital
2024 2023
$ $
Allotted, Called up and fully paid 1,323 1,323
Share capital is translated at the historic rate of £1.32. As at 31 December 2022, the balance of unpaid share capital amounting to $1,323 is set off in amounts owed to shareholder.
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