Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09716004 Mrs Domenica Di Lieto Miss Wan Kei Li Mr Stephen Pratley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09716004 2023-12-31 09716004 2024-12-31 09716004 2024-01-01 2024-12-31 09716004 frs-core:CurrentFinancialInstruments 2024-12-31 09716004 frs-core:Non-currentFinancialInstruments 2024-12-31 09716004 frs-core:PlantMachinery 2024-12-31 09716004 frs-core:PlantMachinery 2024-01-01 2024-12-31 09716004 frs-core:PlantMachinery 2023-12-31 09716004 frs-core:SharePremium 2024-12-31 09716004 frs-core:ShareCapital 2024-12-31 09716004 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09716004 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09716004 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09716004 frs-bus:SmallEntities 2024-01-01 2024-12-31 09716004 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09716004 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09716004 frs-bus:Director1 2024-01-01 2024-12-31 09716004 frs-bus:Director1 2023-12-31 09716004 frs-bus:Director1 2024-12-31 09716004 frs-bus:Director2 2024-01-01 2024-12-31 09716004 frs-bus:Director2 2023-12-31 09716004 frs-bus:Director2 2024-12-31 09716004 frs-bus:Director3 2024-01-01 2024-12-31 09716004 frs-bus:Director3 2023-12-31 09716004 frs-bus:Director3 2024-12-31 09716004 1 2024-01-01 2024-12-31 09716004 frs-countries:EnglandWales 2024-01-01 2024-12-31 09716004 2022-12-31 09716004 2023-12-31 09716004 2023-01-01 2023-12-31 09716004 frs-core:CurrentFinancialInstruments 2023-12-31 09716004 frs-core:Non-currentFinancialInstruments 2023-12-31 09716004 frs-core:SharePremium 2023-12-31 09716004 frs-core:ShareCapital 2023-12-31 09716004 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09716004 1 2023-01-01 2023-12-31
Registered number: 09716004
Emerging Communications Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
The Wow Company UK Ltd
3rd Floor, 86-90 Paul Street
London
EC2A 4NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 09716004
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,440 7,769
3,440 7,769
CURRENT ASSETS
Debtors 5 1,065,745 918,994
Cash at bank and in hand 43,204 274,325
1,108,949 1,193,319
Creditors: Amounts Falling Due Within One Year 6 (935,799 ) (919,748 )
NET CURRENT ASSETS (LIABILITIES) 173,150 273,571
TOTAL ASSETS LESS CURRENT LIABILITIES 176,590 281,340
Creditors: Amounts Falling Due After More Than One Year 7 (24,510 ) (95,841 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,000 ) (1,000 )
NET ASSETS 151,080 184,499
CAPITAL AND RESERVES
Called up share capital 205 205
Share premium account 309,990 309,990
Profit and Loss Account (159,115 ) (125,696 )
SHAREHOLDERS' FUNDS 151,080 184,499
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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
Mrs Domenica Di Lieto
Director
30 September 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Emerging Communications Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 09716004 . The registered office is Annecy Court, Ferry Works, Summer Road, Thames Ditton, Surrey, England, KT7 0QJ.
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 value added taxes. Turnover includes revenue earned from the provision of services and is recognised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can 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 bases:
Plant & machinery 33.33% Straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. 
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. 
Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.6. Foreign Currencies
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.
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2.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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
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.
Deferred tax is only adjusted if the change in the timing difference is material.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Average number of employees, including directors, during the year 17 19
17 19
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4. Tangible Assets
Plant & machinery
£
Cost
As at 1 January 2024 53,710
Additions 753
As at 31 December 2024 54,463
Depreciation
As at 1 January 2024 45,941
Provided during the period 5,082
As at 31 December 2024 51,023
Net Book Value
As at 31 December 2024 3,440
As at 1 January 2024 7,769
5. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 326,347 185,507
Other debtors 739,398 733,487
1,065,745 918,994
6. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 48,078 221,289
Bank loans and overdrafts 85,578 71,324
Other creditors 682,442 526,280
Taxation and social security 119,701 100,855
935,799 919,748
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans 24,510 70,833
Other creditors - 25,008
24,510 95,841
8. Directors Advances, Credits and Guarantees
Included within Debtors are loans made to directors. The balance at the year end was £74,878 (2023 : £73,876)
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mrs Domenica Di Lieto 5,690 - 179 - 5,511
Miss Wan Kei Li 68,239 1,219 - - 69,458
Mr Stephen Pratley 38 - 312 - (274 )
Interest was charged on the loan at a rate of 2.25% and loan is repayable on demand.
9. Related Party Transactions
Included in Other Debtors is £597,752 (2023 : £635,979) due from a Chinese entity owned and controlled by D Di Lieto, a director.
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