Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 08606491 Mr Muhammed Akhtar Mr Sayeed Hanif Mr Gulfraz Hussain Mr Malik Hussain Mr Sajid Hussain Mr Arshad Iqbal Mr Mohammed Iqbal Mr Ghulab Khan Mr Imran Mehmood Mr Kalim Aslam Mr Shahir Mahmood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08606491 2023-05-31 08606491 2024-05-31 08606491 2023-06-01 2024-05-31 08606491 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 08606491 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 08606491 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 08606491 frs-core:PlantMachinery 2024-05-31 08606491 frs-core:PlantMachinery 2023-06-01 2024-05-31 08606491 frs-core:PlantMachinery 2023-05-31 08606491 frs-core:RevaluationReserve 2023-05-31 08606491 frs-core:RevaluationReserve 2024-05-31 08606491 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 08606491 frs-bus:CompanyLimitedByGuarantee 2023-06-01 2024-05-31 08606491 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 08606491 frs-bus:SmallEntities 2023-06-01 2024-05-31 08606491 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08606491 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 08606491 frs-bus:Director1 2023-06-01 2024-05-31 08606491 frs-bus:Director2 2023-06-01 2024-05-31 08606491 frs-bus:Director3 2023-06-01 2024-05-31 08606491 frs-bus:Director4 2023-06-01 2024-05-31 08606491 frs-bus:Director5 2023-06-01 2024-05-31 08606491 frs-bus:Director6 2023-06-01 2024-05-31 08606491 frs-bus:Director7 2023-06-01 2024-05-31 08606491 frs-bus:Director8 2023-06-01 2024-05-31 08606491 frs-bus:Director9 2023-06-01 2024-05-31 08606491 frs-bus:Director10 2023-06-01 2024-05-31 08606491 frs-bus:Director11 2023-06-01 2024-05-31 08606491 frs-countries:EnglandWales 2023-06-01 2024-05-31 08606491 2022-05-31 08606491 2023-05-31 08606491 2022-06-01 2023-05-31 08606491 frs-core:RevaluationReserve 2023-05-31 08606491 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 08606491
Jamia Masjid Swafia
Unaudited Financial Statements
For The Year Ended 31 May 2024
UK Tax Accountants
89 Jacobs Well Lane
Wakefield
WF1 3PB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08606491
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 286,832 288,469
286,832 288,469
CURRENT ASSETS
Cash at bank and in hand 1,039,015 566,787
1,039,015 566,787
NET CURRENT ASSETS (LIABILITIES) 1,039,015 566,787
TOTAL ASSETS LESS CURRENT LIABILITIES 1,325,847 855,256
NET ASSETS 1,325,847 855,256
RESERVES
Revaluation reserve 5 62,165 62,165
Income and Expenditure Account 1,263,682 793,091
MEMBERS' FUNDS 1,325,847 855,256
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Page 2
For the year ending 31 May 2024 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 and Expenditure Account.
On behalf of the board
Mr Gulfraz Hussain
Director
27th February 2025
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
Jamia Masjid Swafia is a private company, limited by guarantee, incorporated in England & Wales, registered number 08606491 . The registered office is The Mosque - Park Hill Lane, Off Park Lodge Lane, Wakefield, West Yorkshire, WF1 4NJ.
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:
Freehold 0
Plant & Machinery 15
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 12)
17 12
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 June 2023 277,558 43,256 320,814
As at 31 May 2024 277,558 43,256 320,814
Depreciation
As at 1 June 2023 - 32,345 32,345
Provided during the period - 1,637 1,637
As at 31 May 2024 - 33,982 33,982
Net Book Value
As at 31 May 2024 277,558 9,274 286,832
As at 1 June 2023 277,558 10,911 288,469
5. Reserves
Revaluation Reserve
£
As at 1 June 2023 62,165
As at 31 May 2024 62,165
6. 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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