Registered number
07791101
IPSWICH KURDISH ISLAMIC CULTURAL CENTRE
Filleted Accounts
30 November 2023
IPSWICH KURDISH ISLAMIC CULTURAL CENTRE
Registered number: 07791101
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,056,781 1,056,957
Current assets
Debtors 4 25,200 -
Cash at bank and in hand 29 25,903
25,229 25,903
Creditors: amounts falling due within one year 5 (8,604) (7,904)
Net current assets 16,625 17,999
Net assets 1,073,406 1,074,956
Capital and reserves
Profit and loss account 1,073,406 1,074,956
Shareholders' funds 1,073,406 1,074,956
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Nazhad Gharib
Director
Approved by the board on 27 August 2024
IPSWICH KURDISH ISLAMIC CULTURAL CENTRE
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 December 2022 1,055,000 4,548 1,059,548
At 30 November 2023 1,055,000 4,548 1,059,548
Depreciation
At 1 December 2022 - 2,591 2,591
Charge for the year - 176 176
At 30 November 2023 - 2,767 2,767
Net book value
At 30 November 2023 1,055,000 1,781 1,056,781
At 30 November 2022 1,055,000 1,957 1,056,957
4 Debtors 2023 2022
£ £
Other debtors 25,200 -
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,235 1,235
Taxation and social security costs 6,669 6,669
Other creditors 700 -
8,604 7,904
6 Other information
IPSWICH KURDISH ISLAMIC CULTURAL CENTRE is a private company limited by shares and incorporated in England. Its registered office is:
61 Westgate Street
Ipswich
Suffolk
IP1 3DZ
IPSWICH KURDISH ISLAMIC CULTURAL CENTRE 07791101 false 2022-12-01 2023-11-30 2023-11-30 VT Final Accounts April 2024 Nazhad Gharib No description of principal activity 07791101 2021-12-01 2022-11-30 07791101 core:WithinOneYear 2022-11-30 07791101 core:RetainedEarningsAccumulatedLosses 2022-11-30 07791101 2022-12-01 2023-11-30 07791101 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07791101 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 07791101 bus:Director40 2022-12-01 2023-11-30 07791101 1 2022-12-01 2023-11-30 07791101 core:LandBuildings 2022-12-01 2023-11-30 07791101 core:PlantMachinery 2022-12-01 2023-11-30 07791101 countries:England 2022-12-01 2023-11-30 07791101 bus:FRS102 2022-12-01 2023-11-30 07791101 bus:FilletedAccounts 2022-12-01 2023-11-30 07791101 2023-11-30 07791101 core:WithinOneYear 2023-11-30 07791101 core:RetainedEarningsAccumulatedLosses 2023-11-30 07791101 core:LandBuildings 2023-11-30 07791101 core:PlantMachinery 2023-11-30 07791101 2022-11-30 07791101 core:LandBuildings 2022-11-30 07791101 core:PlantMachinery 2022-11-30 iso4217:GBP xbrli:pure