Acorah Software Products - Accounts Production 15.0.500 false true false 1 February 2023 31 January 2024 31 January 2024 14608424 Mrs Jane Muomah iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14608424 2023-01-31 14608424 2024-01-31 14608424 2023-02-01 2024-01-31 14608424 frs-core:Non-currentFinancialInstruments 2024-01-31 14608424 frs-core:ShareCapital 2024-01-31 14608424 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14608424 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 14608424 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 14608424 frs-bus:SmallEntities 2023-02-01 2024-01-31 14608424 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 14608424 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 14608424 frs-bus:Director1 2023-02-01 2024-01-31 14608424 frs-countries:EnglandWales 2023-02-01 2024-01-31
Registered number: 14608424
NGOK PROPERTY LTD
Unaudited Financial Statements
For The Year Ended 31 January 2024
Tax Complete
108 Merton High Street
London
SW19 1BD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14608424
2024
Notes £ £
FIXED ASSETS
Investment Properties 4 169,867
169,867
CURRENT ASSETS
Debtors 5 900
Cash at bank and in hand 1,533
2,433
Creditors: Amounts Falling Due Within One Year 6 (50,837 )
NET CURRENT ASSETS (LIABILITIES) (48,404 )
TOTAL ASSETS LESS CURRENT LIABILITIES 121,463
Creditors: Amounts Falling Due After More Than One Year 7 (100,900 )
NET ASSETS 20,563
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account 20,562
SHAREHOLDERS' FUNDS 20,563
Page 1
Page 2
For the year ending 31 January 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 Jane Muomah
Director
3rd July 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
NGOK PROPERTY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14608424 . The registered office is 37 Morden Gardens, Mitcham, CR4 4DH.
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. 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: NIL
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4. Investment Property
2024
£
Fair Value
As at 1 February 2023 144,081
Revaluations 25,786
As at 31 January 2024 169,867
5. Debtors
2024
£
Due within one year
Other debtors 900
6. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 50,837
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024
£
Other creditors 100,900
8. Share Capital
2024
£
Allotted, Called up and fully paid 1
Page 4