Acorah Software Products - Accounts Production 14.6.300 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 09735190 Mr Mordechai Friedman Mr Chaim Elozor Josefovitz Mr Solomon Stern iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09735190 2022-08-31 09735190 2023-08-31 09735190 2022-09-01 2023-08-31 09735190 frs-core:CurrentFinancialInstruments 2023-08-31 09735190 frs-core:Non-currentFinancialInstruments 2023-08-31 09735190 frs-core:ShareCapital 2023-08-31 09735190 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 09735190 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 09735190 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 09735190 frs-bus:SmallEntities 2022-09-01 2023-08-31 09735190 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 09735190 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 09735190 frs-bus:Director1 2022-09-01 2023-08-31 09735190 frs-bus:Director2 2022-09-01 2023-08-31 09735190 frs-bus:Director3 2022-09-01 2023-08-31 09735190 frs-countries:EnglandWales 2022-09-01 2023-08-31 09735190 2021-08-31 09735190 2022-08-31 09735190 2021-09-01 2022-08-31 09735190 frs-core:CurrentFinancialInstruments 2022-08-31 09735190 frs-core:Non-currentFinancialInstruments 2022-08-31 09735190 frs-core:ShareCapital 2022-08-31 09735190 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 09735190
Andi Pack Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09735190
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 742,103 742,103
742,103 742,103
CURRENT ASSETS
Stocks 5 778,923 719,737
Debtors 6 912,976 724,026
Cash at bank and in hand 96 55,415
1,691,995 1,499,178
Creditors: Amounts Falling Due Within One Year 7 (828,595 ) (1,244,729 )
NET CURRENT ASSETS (LIABILITIES) 863,400 254,449
TOTAL ASSETS LESS CURRENT LIABILITIES 1,605,503 996,552
Creditors: Amounts Falling Due After More Than One Year 8 (1,709,130 ) (1,029,480 )
NET LIABILITIES (103,627 ) (32,928 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (103,628 ) (32,929 )
SHAREHOLDERS' FUNDS (103,627) (32,928)
Page 1
Page 2
For the year ending 31 August 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 Profit and Loss Account.
On behalf of the board
Mr Mordechai Friedman
Director
26/08/2024
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
Andi Pack Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09735190 . The registered office is 57 Fairholt Road, London, N16 5EW.
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.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investment Property
2023
£
Fair Value
As at 1 September 2022 and 31 August 2023 742,103
5. Stocks
2023 2022
£ £
Stock 778,923 719,737
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 912,976 724,026
Page 3
Page 4
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts - 478,333
Other creditors 826,975 765,676
Accruals and deferred income 1,620 720
828,595 1,244,729
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 1,709,130 1,029,480
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4