Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 08297359 Mr Waiel Ali iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08297359 2022-11-30 08297359 2023-11-30 08297359 2022-12-01 2023-11-30 08297359 frs-core:CurrentFinancialInstruments 2023-11-30 08297359 frs-core:Non-currentFinancialInstruments 2023-11-30 08297359 frs-core:ComputerEquipment 2023-11-30 08297359 frs-core:ComputerEquipment 2022-12-01 2023-11-30 08297359 frs-core:ComputerEquipment 2022-11-30 08297359 frs-core:FurnitureFittings 2023-11-30 08297359 frs-core:FurnitureFittings 2022-12-01 2023-11-30 08297359 frs-core:FurnitureFittings 2022-11-30 08297359 frs-core:MotorVehicles 2023-11-30 08297359 frs-core:MotorVehicles 2022-12-01 2023-11-30 08297359 frs-core:MotorVehicles 2022-11-30 08297359 frs-core:PlantMachinery 2022-12-01 2023-11-30 08297359 frs-core:ShareCapital 2023-11-30 08297359 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 08297359 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08297359 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 08297359 frs-bus:SmallEntities 2022-12-01 2023-11-30 08297359 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08297359 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 08297359 frs-bus:Director1 2022-12-01 2023-11-30 08297359 frs-countries:EnglandWales 2022-12-01 2023-11-30 08297359 2021-11-30 08297359 2022-11-30 08297359 2021-12-01 2022-11-30 08297359 frs-core:CurrentFinancialInstruments 2022-11-30 08297359 frs-core:Non-currentFinancialInstruments 2022-11-30 08297359 frs-core:ShareCapital 2022-11-30 08297359 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 08297359
Nile International Global Services Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
C&H Associates T/AS Mobile Accountants
Chartered Management Accountants & Tax Practitioners
206 Turners Hill
Cheshunt
Waltham Cross
Hertfordshire
EN8 9DE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08297359
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,532 4,298
3,532 4,298
CURRENT ASSETS
Debtors 5 25,740 30,100
Cash at bank and in hand 3,432 5,279
29,172 35,379
Creditors: Amounts Falling Due Within One Year 6 (92,618 ) (82,903 )
NET CURRENT ASSETS (LIABILITIES) (63,446 ) (47,524 )
TOTAL ASSETS LESS CURRENT LIABILITIES (59,914 ) (43,226 )
Creditors: Amounts Falling Due After More Than One Year 7 (8,012 ) (11,866 )
NET LIABILITIES (67,926 ) (55,092 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (67,927 ) (55,093 )
SHAREHOLDERS' FUNDS (67,926) (55,092)
Page 1
Page 2
For the year 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 Waiel Ali
Director
30/08/2024
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
Nile International Global Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08297359 . The registered office is 60 Preston Street, Brighton, East Sussex, BN1 2HE.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20
Motor Vehicles 20
Fixtures & Fittings 20
Computer Equipment 20
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2022 6,529 728 1,881 9,138
As at 30 November 2023 6,529 728 1,881 9,138
Depreciation
As at 1 December 2022 3,375 518 947 4,840
Provided during the period 630 42 94 766
As at 30 November 2023 4,005 560 1,041 5,606
Net Book Value
As at 30 November 2023 2,524 168 840 3,532
As at 1 December 2022 3,154 210 934 4,298
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Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 25,251 25,250
Other debtors - 4,850
Other taxes and social security 489 -
25,740 30,100
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (190 ) 397
Other taxes and social security - 766
VAT 22,454 31,634
Other creditors 41,172 41,272
Accruals and deferred income 9,304 8,796
Director's loan account 19,878 38
92,618 82,903
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 8,012 11,866
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4