Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07983198 Mr Malick Doumbia iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07983198 2023-03-31 07983198 2024-03-31 07983198 2023-04-01 2024-03-31 07983198 frs-core:CurrentFinancialInstruments 2024-03-31 07983198 frs-core:ShareCapital 2024-03-31 07983198 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07983198 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07983198 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07983198 frs-bus:SmallEntities 2023-04-01 2024-03-31 07983198 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07983198 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07983198 frs-bus:Director1 2023-04-01 2024-03-31 07983198 frs-countries:EnglandWales 2023-04-01 2024-03-31 07983198 2022-03-31 07983198 2023-03-31 07983198 2022-04-01 2023-03-31 07983198 frs-core:CurrentFinancialInstruments 2023-03-31 07983198 frs-core:ShareCapital 2023-03-31 07983198 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07983198
Channis Investment Ltd.
Financial Statements
For The Year Ended 31 March 2024
Westminster Accountancy Limited
9 Chapel Place
Rivington Street
London
England
EC2A 3DQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 07983198
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 245,637 267,215
245,637 267,215
Creditors: Amounts Falling Due Within One Year 4 (244,236 ) (265,209 )
NET CURRENT ASSETS (LIABILITIES) 1,401 2,006
TOTAL ASSETS LESS CURRENT LIABILITIES 1,401 2,006
NET ASSETS 1,401 2,006
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 1,301 1,906
SHAREHOLDERS' FUNDS 1,401 2,006
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 Malick Doumbia
Director
12/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Channis Investment Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 07983198 . The registered office is 3 Hedgecroft , Dorking Road, Walton On The Hill, Surrey, KT20 7NJ.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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 profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Client account 243,469 264,441
Accruals and deferred income 768 768
244,236 265,209
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2