Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09165984 Mr Albert Gourley Ms Emma Beatty Ms Alice England iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09165984 2022-12-31 09165984 2023-12-31 09165984 2023-01-01 2023-12-31 09165984 frs-core:Non-currentFinancialInstruments 2023-12-31 09165984 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09165984 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 09165984 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09165984 frs-bus:SmallEntities 2023-01-01 2023-12-31 09165984 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09165984 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09165984 frs-bus:Director1 2023-01-01 2023-12-31 09165984 frs-bus:Director2 2023-01-01 2023-12-31 09165984 frs-bus:Director3 2023-01-01 2023-12-31 09165984 frs-countries:EnglandWales 2023-01-01 2023-12-31 09165984 2021-12-31 09165984 2022-12-31 09165984 2022-01-01 2022-12-31 09165984 frs-core:Non-currentFinancialInstruments 2022-12-31 09165984 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09165984
World Association of Mining Lawyers
Unaudited Financial Statements
For The Year Ended 31 December 2023
Zenith Accounting & Business Solutions Ltd
Certified Accountants
DFO Consulting - Churchill House
120 Bunns Lane
Mill Hill
London
NW7 2AS
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2
Page 1
Statement of Financial Position
Registered number: 09165984
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 9,779 901
Cash at bank 32,037 47,698
41,816 48,599
Creditors: Amounts Falling Due Within One Year (22,007 ) (6,617 )
NET CURRENT ASSETS (LIABILITIES) 19,809 41,982
TOTAL ASSETS LESS CURRENT LIABILITIES 19,809 41,982
Creditors: Amounts Falling Due After More Than One Year (10,489 ) (14,031 )
NET ASSETS 9,320 27,951
Income Statement 9,320 27,951
MEMBERS' FUNDS 9,320 27,951
For the year ending 31 December 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 Income Statement.
The financial statements were approved by the board of directors on 23 September 2024 and were signed on its behalf by:-
Mr Albert Gourley
Director
23 September 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
World Association of Mining Lawyers is a private company, limited by guarantee, incorporated in England & Wales, registered number 09165984 . The registered office is 6th Floor, 100 Liverpool Street, London, EC2M 2AT.
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2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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. 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 surplus.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable 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 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 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: 3 (2022: 3)
3 3
4. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.


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