Acorah Software Products - Accounts Production 15.0.600 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 12314059 Ms Katie Fewkes Asilia Africa Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12314059 2023-05-31 12314059 2024-05-31 12314059 2023-06-01 2024-05-31 12314059 frs-core:CurrentFinancialInstruments 2024-05-31 12314059 frs-core:Non-currentFinancialInstruments 2024-05-31 12314059 frs-core:ShareCapital 2024-05-31 12314059 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12314059 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12314059 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 12314059 frs-bus:SmallEntities 2023-06-01 2024-05-31 12314059 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12314059 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12314059 1 2023-06-01 2024-05-31 12314059 frs-bus:Director1 2023-06-01 2024-05-31 12314059 frs-bus:Director2 2023-06-01 2024-05-31 12314059 frs-countries:EnglandWales 2023-06-01 2024-05-31 12314059 2022-05-31 12314059 2023-05-31 12314059 2022-06-01 2023-05-31 12314059 frs-core:CurrentFinancialInstruments 2023-05-31 12314059 frs-core:Non-currentFinancialInstruments 2023-05-31 12314059 frs-core:ShareCapital 2023-05-31 12314059 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 12314059
Asilia Africa UK Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
JML Business Services Limited
25 Church Street
Godalming
Surrey
GU7 1EL
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 12314059
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 83,903 58,649
83,903 58,649
Creditors: Amounts Falling Due Within One Year 4 (33,161 ) (29,223 )
NET CURRENT ASSETS (LIABILITIES) 50,742 29,426
TOTAL ASSETS LESS CURRENT LIABILITIES 50,742 29,426
Creditors: Amounts Falling Due After More Than One Year 5 24,539 21,238
NET ASSETS 75,281 50,664
CAPITAL AND RESERVES
Called up share capital 6 1 1
Income Statement 75,280 50,663
SHAREHOLDERS' FUNDS 75,281 50,664
For the year ending 31 May 2024 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 Statement.
On behalf of the board
Ms Katie Fewkes
Director
08/08/2024
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
Asilia Africa UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12314059 . The registered office is 25 Church Street, Godalming, Surrey, GU7 1EL.
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. Going Concern Disclosure
The Company's ultimate controlling party has indicated they will continue to support the company for the foreseeable future.

The accounts are prepared on a going concern basis. The use of the going concern basis is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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.

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.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.5. 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.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 7 (2023: 6)
7 6
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 25,291 19,143
Taxation and social security 7,870 10,080
33,161 29,223
Page 2
Page 3
5. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Asilia Africa Intercompany Loan (24,539 ) (21,238 )
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with wholly owned subsidiaries within the group.
8. Ultimate Controlling Party
The company's ultimate controlling party is Asilia Africa Ltd by virtue of his ownership of 100% of the issued share capital in the company.
Page 3