Acorah Software Products - Accounts Production 15.0.600 false true false 21 November 2022 30 November 2023 30 November 2023 14495379 Mr Chaim Weiss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14495379 2022-11-20 14495379 2023-11-30 14495379 2022-11-21 2023-11-30 14495379 frs-core:CurrentFinancialInstruments 2023-11-30 14495379 frs-core:Non-currentFinancialInstruments 2023-11-30 14495379 frs-core:ShareCapital 2023-11-30 14495379 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 14495379 frs-bus:PrivateLimitedCompanyLtd 2022-11-21 2023-11-30 14495379 frs-bus:FilletedAccounts 2022-11-21 2023-11-30 14495379 frs-bus:SmallEntities 2022-11-21 2023-11-30 14495379 frs-bus:AuditExempt-NoAccountantsReport 2022-11-21 2023-11-30 14495379 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-21 2023-11-30 14495379 frs-bus:Director1 2022-11-21 2023-11-30 14495379 frs-countries:EnglandWales 2022-11-21 2023-11-30
Registered number: 14495379
RISE WISE LIMITED
Unaudited Financial Statements
For the Period 21 November 2022 to 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14495379
30 November 2023
Notes £ £
FIXED ASSETS
Investment Properties 4 407,506
407,506
CURRENT ASSETS
Debtors 5 557
Cash at bank and in hand 99,284
99,841
Creditors: Amounts Falling Due Within One Year 6 (241,279 )
NET CURRENT ASSETS (LIABILITIES) (141,438 )
TOTAL ASSETS LESS CURRENT LIABILITIES 266,068
Creditors: Amounts Falling Due After More Than One Year 7 (289,949 )
NET LIABILITIES (23,881 )
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account (23,882 )
SHAREHOLDERS' FUNDS (23,881)
Page 1
Page 2
For the period 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 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 Chaim Weiss
Director
11th August 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
RISE WISE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 14495379 . The registered office is 115 Crowland Road, London, N15 6UR.
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. 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 period was: NIL
-
4. Investment Property
30 November 2023
£
Fair Value
As at 21 November 2022 -
Additions 407,506
As at 30 November 2023 407,506
5. Debtors
30 November 2023
£
Due within one year
Other debtors 557
6. Creditors: Amounts Falling Due Within One Year
30 November 2023
£
Amounts owed to group undertakings 240,910
Other creditors 369
241,279
7. Creditors: Amounts Falling Due After More Than One Year
30 November 2023
£
Bank loans 289,949
Page 3
Page 4
8. Share Capital
30 November 2023
£
Allotted, Called up and fully paid 1
Page 4