Acorah Software Products - Accounts Production 16.6.950 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13204807 David Fraser Greenlees Nick Mezher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13204807 2023-12-31 13204807 2024-12-31 13204807 2024-01-01 2024-12-31 13204807 frs-core:CurrentFinancialInstruments 2024-12-31 13204807 frs-core:Non-currentFinancialInstruments 2024-12-31 13204807 frs-core:ComputerEquipment 2024-12-31 13204807 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13204807 frs-core:ComputerEquipment 2023-12-31 13204807 frs-core:ShareCapital 2024-12-31 13204807 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13204807 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13204807 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13204807 frs-bus:SmallEntities 2024-01-01 2024-12-31 13204807 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13204807 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13204807 frs-core:UnlistedNon-exchangeTraded 2024-12-31 13204807 frs-core:UnlistedNon-exchangeTraded 2023-12-31 13204807 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 13204807 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 13204807 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 13204807 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 13204807 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 13204807 frs-bus:Director1 2024-01-01 2024-12-31 13204807 frs-bus:Director2 2024-01-01 2024-12-31 13204807 frs-countries:EnglandWales 2024-01-01 2024-12-31 13204807 2022-12-31 13204807 2023-12-31 13204807 2023-01-01 2023-12-31 13204807 frs-core:CurrentFinancialInstruments 2023-12-31 13204807 frs-core:Non-currentFinancialInstruments 2023-12-31 13204807 frs-core:ShareCapital 2023-12-31 13204807 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13204807
HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD
Unaudited Financial Statements
For The Year Ended 31 December 2024
Pearl Accountants Limited
ICAEW, ATT
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—7
Page 1
Company Information
Directors David Fraser Greenlees
Nick Mezher
Company Number 13204807
Registered Office Rourke House, Watermans Business Park
The Causeway
Staines
TW18 3BA
Accountants Pearl Accountants Limited
Profile West, 950 Great West Road
Suite E, Ground floor
Brentford
TW8 9ES
Page 1
Page 2
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD for the year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD and state those matters that we have agreed to state to the directors of HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD and its directors, as a body, for our work or for this report.
It is your duty to ensure that HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD . You consider that HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
23/12/2025
Pearl Accountants Limited
Profile West, 950 Great West Road
Suite E, Ground floor
Brentford
TW8 9ES
Page 2
Page 3
Balance Sheet
Registered number: 13204807
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 3,535
Investments 5 1,020,332 1,017,948
1,020,332 1,021,483
CURRENT ASSETS
Debtors 6 582,271 448,336
Cash at bank and in hand 134,122 110,357
716,393 558,693
Creditors: Amounts Falling Due Within One Year 7 (709,100 ) (936,591 )
NET CURRENT ASSETS (LIABILITIES) 7,293 (377,898 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,027,625 643,585
Creditors: Amounts Falling Due After More Than One Year 8 (1,357,012 ) (795,863 )
NET LIABILITIES (329,387 ) (152,278 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (329,487 ) (152,378 )
SHAREHOLDERS' FUNDS (329,387) (152,278)
Page 3
Page 4
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.
The financial statements were approved by the board of directors on 23 December 2025 and were signed on its behalf by:
Nick Mezher
Director
23/12/2025
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
HOIST GLOBAL TECH SOLUTIONS UK & EUROPE LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13204807 . The registered office is Rourke House, Watermans Business Park, The Causeway, Staines, TW18 3BA.
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.
Presentation currency
Monetary figures for this client's accounts will be reported in United Kingdom, Pounds sterling £.
2.2. Going Concern Disclosure
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they have adopted the going concern basis of accounting in preparing these financial statements.
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 goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. 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:
Computer Equipment depreciated on straight line method over 4 years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 4,472
As at 31 December 2024 4,472
Depreciation
As at 1 January 2024 937
Provided during the period 3,535
As at 31 December 2024 4,472
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 3,535
Page 5
Page 6
5. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 1,017,948
Additions 2,384
As at 31 December 2024 1,020,332
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 1,020,332
As at 1 January 2024 1,017,948
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 265,767 445,753
Amounts owed by group undertakings 257,169 -
Other debtors 59,335 2,583
582,271 448,336
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 589,131 824,128
Other creditors 11,404 454
Taxation and social security 108,565 112,009
709,100 936,591
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to group undertakings 1,357,012 795,863
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
100 Ordinary shares of £1 each
Page 6
Page 7
10. Related Party Transactions
As of 31st December 2024, amounts owed by group undertakings etc. included a balance of £257,169 owed from companies under common control.
As of 31st December 2024, amounts due to group undertakings etc. included a balance of £1,357,012 owed to companies under common control.
Page 7