Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 11456200 Mr Anil Devjani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11456200 2022-07-31 11456200 2023-07-31 11456200 2022-08-01 2023-07-31 11456200 frs-core:Non-currentFinancialInstruments 2023-07-31 11456200 frs-core:ShareCapital 2023-07-31 11456200 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 11456200 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11456200 frs-bus:AbridgedAccounts 2022-08-01 2023-07-31 11456200 frs-bus:SmallEntities 2022-08-01 2023-07-31 11456200 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 11456200 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 11456200 frs-bus:Director1 2022-08-01 2023-07-31 11456200 frs-countries:EnglandWales 2022-08-01 2023-07-31 11456200 2021-07-31 11456200 2022-07-31 11456200 2021-08-01 2022-07-31 11456200 frs-core:Non-currentFinancialInstruments 2022-07-31 11456200 frs-core:ShareCapital 2022-07-31 11456200 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 11456200
AUMNIK LTD
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Abridged Balance Sheet
Registered number: 11456200
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 50,000 -
Cash at bank and in hand 71,565 133,832
121,565 133,832
Creditors: Amounts Falling Due Within One Year (29,042 ) (48,613 )
NET CURRENT ASSETS (LIABILITIES) 92,523 85,219
TOTAL ASSETS LESS CURRENT LIABILITIES 92,523 85,219
NET ASSETS 92,523 85,219
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 92,423 85,119
SHAREHOLDERS' FUNDS 92,523 85,219
For the year ending 31 July 2023 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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Anil Devjani
Director
03/04/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
AUMNIK LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11456200 . The registered office is 23 Addison Way, Northwood, Middlesex, HA6 1SS.
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 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
Monetary 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.
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Debtors
2023 2022
£ £
Due after more than one year
Other debtors 50,000 -
50,000 -
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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6. Related Party Transactions
Mr Anil Devjani is the director of 100% ordinary share capital of Aumnik Ltd and 50% ordinary share capital of AMND Ltd. Durng the year, Aumnik Ltd has provided unsecured loan of £50,000 to AMND Ltd which carries no interest and can be paid on demand.
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