Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 06411672 Mr E Heinsoo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06411672 2023-10-31 06411672 2024-10-31 06411672 2023-11-01 2024-10-31 06411672 frs-core:CurrentFinancialInstruments 2024-10-31 06411672 frs-core:Non-currentFinancialInstruments 2024-10-31 06411672 frs-core:ShareCapital 2024-10-31 06411672 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 06411672 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06411672 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 06411672 frs-bus:SmallEntities 2023-11-01 2024-10-31 06411672 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 06411672 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 06411672 frs-bus:Director1 2023-11-01 2024-10-31 06411672 frs-core:CurrentFinancialInstruments 1 2024-10-31 06411672 frs-core:Non-currentFinancialInstruments 1 2024-10-31 06411672 frs-countries:EnglandWales 2023-11-01 2024-10-31 06411672 2022-10-31 06411672 2023-10-31 06411672 2022-11-01 2023-10-31 06411672 frs-core:CurrentFinancialInstruments 2023-10-31 06411672 frs-core:Non-currentFinancialInstruments 2023-10-31 06411672 frs-core:ShareCapital 2023-10-31 06411672 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 06411672 frs-core:CurrentFinancialInstruments 1 2023-10-31 06411672 frs-core:Non-currentFinancialInstruments 1 2023-10-31
Registered number: 06411672
Electric Power International Company Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 06411672
2024 2023
Notes
CURRENT ASSETS
Debtors 4 (359,037 ) (359,037 )
Cash at bank and in hand 3,063 3,566
(355,974 ) (355,471 )
Creditors: Amounts Falling Due Within One Year 5 (217,401 ) (215,787 )
NET CURRENT ASSETS (LIABILITIES) (573,375 ) (571,258 )
TOTAL ASSETS LESS CURRENT LIABILITIES (573,375 ) (571,258 )
Creditors: Amounts Falling Due After More Than One Year 6 (550,000 ) (550,000 )
NET LIABILITIES (1,123,375 ) (1,121,258 )
CAPITAL AND RESERVES
Called up share capital 7 1,154 1,154
Income Statement (1,124,529 ) (1,122,412 )
SHAREHOLDERS' FUNDS (1,123,375) (1,121,258)
For the year ending 31 October 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 E Heinsoo
Director
29/10/2025
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
Electric Power International Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06411672 . The registered office is 1 Kings Avenue, Winchmore Hill, London, N21 3NA.
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. 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.
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
Due within one year
Prepayments and accrued income (359,037 ) (359,037 )
5. Creditors: Amounts Falling Due Within One Year
2024 2023
Trade creditors 214,751 214,751
Other creditors <1 year 1,785 285
Accruals and deferred income 865 751
217,401 215,787
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
Loans 550,000 550,000
€550,000 loan is due to Clerkenwell Services Ltd, a company registered in Canada, at 1% per annum, payable on demand.
7. Share Capital
2024 2023
Allotted, Called up and fully paid 1,154 1,154
Page 3