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 09118554 Mr Joseph Leib Sonnenschein iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09118554 2022-07-31 09118554 2023-07-31 09118554 2022-08-01 2023-07-31 09118554 frs-core:CurrentFinancialInstruments 2023-07-31 09118554 frs-core:Non-currentFinancialInstruments 2023-07-31 09118554 frs-core:ComputerEquipment 2023-07-31 09118554 frs-core:ComputerEquipment 2022-08-01 2023-07-31 09118554 frs-core:ComputerEquipment 2022-07-31 09118554 frs-core:ShareCapital 2023-07-31 09118554 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09118554 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09118554 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 09118554 frs-bus:SmallEntities 2022-08-01 2023-07-31 09118554 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09118554 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 09118554 frs-bus:Director1 2022-08-01 2023-07-31 09118554 frs-countries:EnglandWales 2022-08-01 2023-07-31 09118554 2021-07-31 09118554 2022-07-31 09118554 2021-08-01 2022-07-31 09118554 frs-core:CurrentFinancialInstruments 2022-07-31 09118554 frs-core:Non-currentFinancialInstruments 2022-07-31 09118554 frs-core:ShareCapital 2022-07-31 09118554 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 09118554
Sondav Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09118554
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 301 402
Investment Properties 5 550,171 550,171
550,472 550,573
CURRENT ASSETS
Debtors 6 975 3,577
Cash at bank and in hand 4,779 1,833
5,754 5,410
Creditors: Amounts Falling Due Within One Year 7 (204,993 ) (186,218 )
NET CURRENT ASSETS (LIABILITIES) (199,239 ) (180,808 )
TOTAL ASSETS LESS CURRENT LIABILITIES 351,233 369,765
Creditors: Amounts Falling Due After More Than One Year 8 (424,589 ) (436,285 )
NET LIABILITIES (73,356 ) (66,520 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (73,357 ) (66,521 )
SHAREHOLDERS' FUNDS (73,356) (66,520)
Page 1
Page 2
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.
On behalf of the board
Mr Joseph Leib Sonnenschein
Director
18/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sondav Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09118554 . The registered office is 7 Wargrave Avenue, London, N15 6UH.
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. 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 25% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 536
As at 31 July 2023 536
Depreciation
As at 1 August 2022 134
Provided during the period 101
As at 31 July 2023 235
Net Book Value
As at 31 July 2023 301
As at 1 August 2022 402
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Page 4
5. Investment Property
2023
£
Fair Value
As at 1 August 2022 and 31 July 2023 550,171
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 975 -
Other debtors - 3,577
975 3,577
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other taxes and social security - 572
Other creditors 204,993 185,646
204,993 186,218
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 424,589 436,285
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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