Acorah Software Products - Accounts Production 16.4.675 false true true 30 November 2023 8 November 2022 false 1 December 2023 30 November 2024 30 November 2024 14469768 Mr Mohamed Salah Ghaly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14469768 2023-11-30 14469768 2024-11-30 14469768 2023-12-01 2024-11-30 14469768 frs-core:CurrentFinancialInstruments 2024-11-30 14469768 frs-core:Non-currentFinancialInstruments 2024-11-30 14469768 frs-core:ShareCapital 2024-11-30 14469768 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 14469768 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 14469768 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 14469768 frs-bus:SmallEntities 2023-12-01 2024-11-30 14469768 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 14469768 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 14469768 frs-bus:Director1 2023-12-01 2024-11-30 14469768 frs-countries:EnglandWales 2023-12-01 2024-11-30 14469768 2022-11-07 14469768 2023-11-30 14469768 2022-11-08 2023-11-30 14469768 frs-core:CurrentFinancialInstruments 2023-11-30 14469768 frs-core:Non-currentFinancialInstruments 2023-11-30 14469768 frs-core:ShareCapital 2023-11-30 14469768 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 14469768
Mos Investors Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14469768
30 November 2024 30 November 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 4,429,000 4,966,324
4,429,000 4,966,324
CURRENT ASSETS
Debtors 5 52,226 7,399
Cash at bank and in hand 100 100
52,326 7,499
Creditors: Amounts Falling Due Within One Year 6 (8,736 ) (4,284 )
NET CURRENT ASSETS (LIABILITIES) 43,590 3,215
TOTAL ASSETS LESS CURRENT LIABILITIES 4,472,590 4,969,539
Creditors: Amounts Falling Due After More Than One Year 7 (5,020,237 ) (5,018,977 )
NET LIABILITIES (547,647 ) (49,438 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (547,747 ) (49,538 )
SHAREHOLDERS' FUNDS (547,647) (49,438)
For the year ending 30 November 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 Mohamed Salah Ghaly
Director
12/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Mos Investors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14469768 . The registered office is Vineyards Business Centre,, Suite 3, 36 Gloucester Avenue, London, NW1 7BB.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. Although the Company had accumulated losses of £547,747 at the year-end, the director has reviewed the Company’s financial position, including the fair value of its investment property (£4,429,000 at 30 November 2024) and projected rental income and cash flows for the next 12 months.
Based on this review, and taking into account the continued support from the shareholders, the director is satisfied that the Company will be able to meet its obligations as they fall due for at least 12 months from the date of approval of these financial statements. Accordingly, the going concern basis of preparation is considered appropriate.
2.3. 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.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
30 November 2024
£
Fair Value
As at 1 December 2023 4,966,324
Fair value adjustments (537,324 )
As at 30 November 2024 4,429,000
The fair value at 30 November 2024 was determined using an independent market estimate which indicated a market value of £4,429,000.  The valuation reflects market conditions at the reporting date.
Deferred tax
The tax base of the property is £4,966,324, resulting in a deductible temporary difference of £537,324 when compared to the carrying amount. At the Corporation Tax rate of 25%, this equates to a potential deferred tax asset of £134,331.
...CONTINUED
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Page 3
4. Investment Property - continued
Management has assessed the likelihood of generating a taxable chargeable gain on the future disposal of the property and has concluded that it is not probable that sufficient taxable gains will arise to utilise the temporary difference.  Accordingly, no deferred tax asset has been recognised. This potential benefit is disclosed as an unrecognised deferred tax asset in accordance with FRS 102 Section 29.
5. Debtors
30 November 2024 30 November 2023
£ £
Due within one year
Other debtors 52,226 7,399
6. Creditors: Amounts Falling Due Within One Year
30 November 2024 30 November 2023
£ £
Trade creditors 4,452 4,284
Other creditors 4,284 -
8,736 4,284
7. Creditors: Amounts Falling Due After More Than One Year
30 November 2024 30 November 2023
£ £
Other creditors 5,020,237 5,018,977
At 30 November 2024, the Company owed £5,020,237 (2023: £5,018,977) to the director. The balance arose from funds advanced by the director to finance the acquisition of the Company’s investment property. The loan is unsecured, interest-free, and repayable on demand, although the director has confirmed that repayment will not be required within the next 12 months from the reporting date.
8. Share Capital
30 November 2024 30 November 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Creditors: Amounts Falling Due Within One Year
At the balance sheet date the Company owed £4,284 (2023: £nil) to Salah UK Commercial Ltd. ,  a company under the control of the director. The balance arose when the creditor paid professional fees on behalf of the Company. The amount is unsecured,  interest-free,  and repayable on demand.
Creditors: Amounts falling due after more than one year
The above loan represents an amount due to the director.  No interest was charged on the balance during the year (2023: £nil). The maximum amount outstanding during the year was £5,020,237.
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