Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 9329623 Mr Nazir Mohamed Haji Musa Gani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9329623 2023-03-31 9329623 2024-03-31 9329623 2023-04-01 2024-03-31 9329623 frs-core:CurrentFinancialInstruments 2024-03-31 9329623 frs-core:Non-currentFinancialInstruments 2024-03-31 9329623 frs-core:RevaluationReserve 2024-03-31 9329623 frs-core:ShareCapital 2024-03-31 9329623 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 9329623 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 9329623 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 9329623 frs-bus:SmallEntities 2023-04-01 2024-03-31 9329623 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 9329623 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 9329623 frs-bus:Director1 2023-04-01 2024-03-31 9329623 frs-countries:EnglandWales 2023-04-01 2024-03-31 9329623 2022-03-31 9329623 2023-03-31 9329623 2022-04-01 2023-03-31 9329623 frs-core:CurrentFinancialInstruments 2023-03-31 9329623 frs-core:Non-currentFinancialInstruments 2023-03-31 9329623 frs-core:RevaluationReserve 2023-03-31 9329623 frs-core:ShareCapital 2023-03-31 9329623 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 9329623
Moulana Estates Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
LE3 5GF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 9329623
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 5,191,000 5,191,000
5,191,000 5,191,000
CURRENT ASSETS
Debtors 5 - 5,000
Cash at bank and in hand 20,804 410,523
20,804 415,523
Creditors: Amounts Falling Due Within One Year 6 (24,896 ) (25,736 )
NET CURRENT ASSETS (LIABILITIES) (4,092 ) 389,787
TOTAL ASSETS LESS CURRENT LIABILITIES 5,186,908 5,580,787
Creditors: Amounts Falling Due After More Than One Year 7 (1,849,133 ) (2,319,133 )
NET ASSETS 3,337,775 3,261,654
CAPITAL AND RESERVES
Called up share capital 31 31
Revaluation reserve 2,600,000 2,600,000
Profit and Loss Account 737,744 661,623
SHAREHOLDERS' FUNDS 3,337,775 3,261,654
Page 1
Page 2
For the year ending 31 March 2024 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 Nazir Mohamed Haji Musa Gani
Director
30th October 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
Moulana Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 9329623 . The registered office is 50 Woodgate, Leicester, LE3 5GF.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Investment Properties
Investment properties arel not be subject to periodic charges for depreciation.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred 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 and deferred 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: NIL (2023: NIL)
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Page 3
Page 4
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 5,191,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 5,000
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 22,449 23,336
Other creditors 2,447 2,400
24,896 25,736
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 1,849,133 2,319,133
Page 4