Acorah Software Products - Accounts Production 16.1.300 false true false 22 February 2024 31 August 2024 31 August 2024 15514764 Mr Mohammed Saifullah Khan Mrs Farhana Badar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15514764 2024-02-21 15514764 2024-08-31 15514764 2024-02-22 2024-08-31 15514764 frs-core:CurrentFinancialInstruments 2024-08-31 15514764 frs-core:Non-currentFinancialInstruments 2024-08-31 15514764 frs-core:ShareCapital 2024-08-31 15514764 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15514764 frs-bus:PrivateLimitedCompanyLtd 2024-02-22 2024-08-31 15514764 frs-bus:FilletedAccounts 2024-02-22 2024-08-31 15514764 frs-bus:SmallEntities 2024-02-22 2024-08-31 15514764 frs-bus:AuditExempt-NoAccountantsReport 2024-02-22 2024-08-31 15514764 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-22 2024-08-31 15514764 frs-bus:Director1 2024-02-22 2024-08-31 15514764 frs-bus:Director2 2024-02-22 2024-08-31 15514764 frs-countries:EnglandWales 2024-02-22 2024-08-31
Registered number: 15514764
Ebdaa Islamic Finance Consultancy Ltd
Unaudited Financial Statements
For the Period 22 February 2024 to 31 August 2024
WTT Accountancy Limited
40 Queen Street
London
EC4R 1DD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15514764
31 August 2024
Notes £ £
CURRENT ASSETS
Debtors 4 32,375
Cash at bank and in hand 49,356
81,731
Creditors: Amounts Falling Due Within One Year 5 (19,900 )
NET CURRENT ASSETS (LIABILITIES) 61,831
TOTAL ASSETS LESS CURRENT LIABILITIES 61,831
Creditors: Amounts Falling Due After More Than One Year 6 (50,000 )
NET ASSETS 11,831
CAPITAL AND RESERVES
Called up share capital 7 1,000
Profit and Loss Account 10,831
SHAREHOLDERS' FUNDS 11,831
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For the period ending 31 August 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 Profit and Loss Account.
On behalf of the board
Mr Mohammed Saifullah Khan
Director
31st March 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Ebdaa Islamic Finance Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15514764 . The registered office is 5th Floor, 40 Queen Street, London, EC4R 1DD.
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.
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.
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 years 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
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4. Debtors
31 August 2024
£
Due within one year
Trade debtors 30,464
Other debtors 1,911
32,375
5. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Trade creditors 60
Other creditors 17,061
Taxation and social security 2,779
19,900
6. Creditors: Amounts Falling Due After More Than One Year
31 August 2024
£
Other creditors 50,000
7. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 1,000
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