Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10297094 Mr Yehuda Nowogrodski iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10297094 2023-07-31 10297094 2024-07-31 10297094 2023-08-01 2024-07-31 10297094 frs-core:CurrentFinancialInstruments 2024-07-31 10297094 frs-core:Non-currentFinancialInstruments 2024-07-31 10297094 frs-core:ComputerEquipment 2024-07-31 10297094 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10297094 frs-core:ComputerEquipment 2023-07-31 10297094 frs-core:FurnitureFittings 2024-07-31 10297094 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10297094 frs-core:FurnitureFittings 2023-07-31 10297094 frs-core:MotorVehicles 2024-07-31 10297094 frs-core:MotorVehicles 2023-08-01 2024-07-31 10297094 frs-core:MotorVehicles 2023-07-31 10297094 frs-core:PlantMachinery 2024-07-31 10297094 frs-core:PlantMachinery 2023-08-01 2024-07-31 10297094 frs-core:PlantMachinery 2023-07-31 10297094 frs-core:ShareCapital 2024-07-31 10297094 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10297094 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10297094 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10297094 frs-bus:SmallEntities 2023-08-01 2024-07-31 10297094 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10297094 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10297094 frs-bus:Director1 2023-08-01 2024-07-31 10297094 frs-countries:EnglandWales 2023-08-01 2024-07-31 10297094 2022-07-31 10297094 2023-07-31 10297094 2022-08-01 2023-07-31 10297094 frs-core:CurrentFinancialInstruments 2023-07-31 10297094 frs-core:Non-currentFinancialInstruments 2023-07-31 10297094 frs-core:ShareCapital 2023-07-31 10297094 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10297094
Tehilax Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 10297094
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 42,038 52,218
42,038 52,218
CURRENT ASSETS
Debtors 5 34,425 48,066
Cash at bank and in hand 17,163 23,965
51,588 72,031
Creditors: Amounts Falling Due Within One Year 6 (42,340 ) (48,804 )
NET CURRENT ASSETS (LIABILITIES) 9,248 23,227
TOTAL ASSETS LESS CURRENT LIABILITIES 51,286 75,445
Creditors: Amounts Falling Due After More Than One Year 7 (19,439 ) (36,621 )
NET ASSETS 31,847 38,824
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 31,846 38,823
SHAREHOLDERS' FUNDS 31,847 38,824
For the year ending 31 July 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 Yehuda Nowogrodski
Director
22/04/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Tehilax Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10297094 . The registered office is Js & Co Accountants, 26 Theydon Road, London, E5 9NA.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% reducing balance
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.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 4 (2023: 4)
4 4
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 3,090 85,944 3,804 32,843 125,681
Additions - 5,650 - 1,065 6,715
Disposals - (3,550 ) - - (3,550 )
As at 31 July 2024 3,090 88,044 3,804 33,908 128,846
Depreciation
As at 1 August 2023 2,113 54,736 1,233 15,381 73,463
Provided during the period 244 8,408 386 4,632 13,670
Disposals - (325 ) - - (325 )
As at 31 July 2024 2,357 62,819 1,619 20,013 86,808
Net Book Value
As at 31 July 2024 733 25,225 2,185 13,895 42,038
As at 1 August 2023 977 31,208 2,571 17,462 52,218
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 34,425 48,066
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 6,629
Corporation tax 3,463 -
VAT 16,923 15,976
Other creditors 21,954 26,199
42,340 48,804
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,439 36,621
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
Page 3
Page 4
2024 2023
£ £
Mr Yehuda Nowogrodski 20,000 -
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 20,000 -
Page 4