Acorah Software Products - Accounts Production 16.0.110 false true false 18 November 2022 30 November 2023 30 November 2023 14493873 U Malik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14493873 2022-11-17 14493873 2023-11-30 14493873 2022-11-18 2023-11-30 14493873 frs-core:CurrentFinancialInstruments 2023-11-30 14493873 frs-core:FurnitureFittings 2023-11-30 14493873 frs-core:FurnitureFittings 2022-11-18 2023-11-30 14493873 frs-core:FurnitureFittings 2022-11-17 14493873 frs-core:ShareCapital 2023-11-30 14493873 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 14493873 frs-bus:PrivateLimitedCompanyLtd 2022-11-18 2023-11-30 14493873 frs-bus:FilletedAccounts 2022-11-18 2023-11-30 14493873 frs-bus:SmallEntities 2022-11-18 2023-11-30 14493873 frs-bus:AuditExempt-NoAccountantsReport 2022-11-18 2023-11-30 14493873 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-18 2023-11-30 14493873 frs-bus:Director1 2022-11-18 2023-11-30 14493873 frs-bus:Director1 2022-11-17 14493873 frs-bus:Director1 2023-11-30 14493873 frs-countries:EnglandWales 2022-11-18 2023-11-30
Registered number: 14493873
Mohmalik Ltd
Financial Statements
For the Period 18 November 2022 to 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14493873
30 November 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 4,100
4,100
CURRENT ASSETS
Stocks 5 573
Debtors 6 326
Cash at bank and in hand 6,104
7,003
Creditors: Amounts Falling Due Within One Year 7 (8,645 )
NET CURRENT ASSETS (LIABILITIES) (1,642 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,458
NET ASSETS 2,458
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account 2,457
SHAREHOLDERS' FUNDS 2,458
Page 1
Page 2
For the period 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
U Malik
Director
13th November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mohmalik Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14493873 . The registered office is 103 Twycross Street, Leicester, LE2 0DX.
The presentation currency of the financial statements is the Pound Sterling (£).
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 
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.
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:
Fixtures & Fittings 18% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
Page 3
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 18 November 2022 -
Additions 5,000
As at 30 November 2023 5,000
Depreciation
As at 18 November 2022 -
Provided during the period 900
As at 30 November 2023 900
Net Book Value
As at 30 November 2023 4,100
As at 18 November 2022 -
5. Stocks
30 November 2023
£
Stock 573
6. Debtors
30 November 2023
£
Due within one year
Other debtors 326
7. Creditors: Amounts Falling Due Within One Year
30 November 2023
£
Trade creditors 2,932
Other creditors 4,908
Taxation and social security 805
8,645
8. Share Capital
30 November 2023
£
Allotted, Called up and fully paid 1
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the current and prior periods:
As at 18 November 2022 Amounts advanced Amounts repaid Amounts written off As at 30 November 2023
£ £ £ £ £
Mr Umer Malik - 7,001 (7,866 ) - (865 )
The above loan is unsecured, interest free and repayable on demand.
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