Acorah Software Products - Accounts Production 15.0.400 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 04946089 Mr Etan Shelemay Mr Michael Cohen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04946089 2022-11-30 04946089 2023-11-30 04946089 2022-12-01 2023-11-30 04946089 frs-core:CurrentFinancialInstruments 2023-11-30 04946089 frs-core:Non-currentFinancialInstruments 2023-11-30 04946089 frs-core:FurnitureFittings 2022-12-01 2023-11-30 04946089 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 04946089 frs-bus:CompanyLimitedByGuarantee 2022-12-01 2023-11-30 04946089 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 04946089 frs-bus:SmallEntities 2022-12-01 2023-11-30 04946089 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 04946089 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 04946089 frs-bus:Director1 2022-12-01 2023-11-30 04946089 frs-bus:Director2 2022-12-01 2023-11-30 04946089 frs-countries:EnglandWales 2022-12-01 2023-11-30 04946089 2021-11-30 04946089 2022-11-30 04946089 2021-12-01 2022-11-30 04946089 frs-core:CurrentFinancialInstruments 2022-11-30 04946089 frs-core:Non-currentFinancialInstruments 2022-11-30 04946089 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 04946089
AJC - MAGEN AVRAHAM
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 04946089
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 331,037 331,037
Cash at bank and in hand 57,919 81,319
388,956 412,356
Creditors: Amounts Falling Due Within One Year 5 (247 ) (238 )
NET CURRENT ASSETS (LIABILITIES) 388,709 412,118
TOTAL ASSETS LESS CURRENT LIABILITIES 388,709 412,118
NET ASSETS 388,709 412,118
Income and Expenditure Account 388,709 412,118
MEMBERS' FUNDS 388,709 412,118
For the year ending 30 November 2023 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 Income and Expenditure Account.
On behalf of the board
Mr Etan Shelemay
Director
Mr Michael Cohen
Director
4th July 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
AJC - MAGEN AVRAHAM is a private company, limited by guarantee, incorporated in England & Wales, registered number 04946089 . The registered office is 130 Hendon Lane, London, N3 3SH.
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 stated at cost less depreciation. 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:
Fixtures & Fittings 25% of Net Book Value
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:1 1 (2022: 1)
1 1
4. Debtors
2023 2022
£ £
Due after more than one year
Deferred Asset 331,037 331,037
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 112 103
Accruals and deferred income 135 135
247 238
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 2