Acorah Software Products - Accounts Production 16.7.461 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13790452 Mrs Kun Ding iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13790452 2023-12-31 13790452 2024-12-31 13790452 2024-01-01 2024-12-31 13790452 frs-core:CurrentFinancialInstruments 2024-12-31 13790452 frs-core:ShareCapital 2024-12-31 13790452 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13790452 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13790452 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13790452 frs-bus:SmallEntities 2024-01-01 2024-12-31 13790452 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13790452 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13790452 frs-core:CostValuation 2023-12-31 13790452 frs-core:AdditionsToInvestments 2024-12-31 13790452 frs-core:CostValuation 2024-12-31 13790452 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 13790452 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 13790452 frs-core:UnlistedNon-exchangeTraded 2024-12-31 13790452 frs-core:UnlistedNon-exchangeTraded 2023-12-31 13790452 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 13790452 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 13790452 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 13790452 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 13790452 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 13790452 frs-bus:Director1 2024-01-01 2024-12-31 13790452 frs-countries:EnglandWales 2024-01-01 2024-12-31 13790452 2022-12-31 13790452 2023-12-31 13790452 2023-01-01 2023-12-31 13790452 frs-core:CurrentFinancialInstruments 2023-12-31 13790452 frs-core:ShareCapital 2023-12-31 13790452 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13790452
Admire Elite UK Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13790452
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,731,859 1,631,859
1,731,859 1,631,859
CURRENT ASSETS
Cash at bank and in hand 36,554 35,762
36,554 35,762
Creditors: Amounts Falling Due Within One Year 5 (1,398,100 ) (1,367,425 )
NET CURRENT ASSETS (LIABILITIES) (1,361,546 ) (1,331,663 )
TOTAL ASSETS LESS CURRENT LIABILITIES 370,313 300,196
NET ASSETS 370,313 300,196
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 370,312 300,195
SHAREHOLDERS' FUNDS 370,313 300,196
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Kun Ding
Director
30/09/2025
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
Admire Elite UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13790452 . The registered office is 63-66 Hatton Garden, Fifth Floor, Suite 23, London, EC1N 8LE.
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 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.
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 year, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investments
Unlisted Other Total
£ £ £
Cost or Valuation
As at 1 January 2024 777,839 854,020 1,631,859
Additions - 100,000 100,000
As at 31 December 2024 777,839 954,020 1,731,859
Provision
As at 1 January 2024 - - -
As at 31 December 2024 - - -
Net Book Value
As at 31 December 2024 777,839 954,020 1,731,859
As at 1 January 2024 777,839 854,020 1,631,859
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 20,292 50,219
Accruals and deferred income 264,500 1,500
Director's loan account 1,113,308 1,315,706
1,398,100 1,367,425
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3