1 February 2022 false No description of principal activity Taxfiler 2023.9 09379029business:PrivateLimitedCompanyLtd2022-02-012023-01-31 093790292022-01-31 093790292022-02-012023-01-31 09379029business:AuditExempt-NoAccountantsReport2022-02-012023-01-31 09379029business:FilletedAccounts2022-02-012023-01-31 093790292023-01-31 09379029business:Director12022-02-012023-01-31 09379029business:RegisteredOffice2022-02-012023-01-31 093790292022-01-31 09379029core:WithinOneYear2023-01-31 09379029core:WithinOneYear2022-01-31 09379029core:AfterOneYear2023-01-31 09379029core:AfterOneYear2022-01-31 09379029core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 09379029core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 09379029core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 09379029core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 09379029core:PreviouslyStatedAmount2023-01-31 09379029core:PreviouslyStatedAmount2022-01-31 09379029business:SmallEntities2022-02-012023-01-31 09379029countries:EnglandWales2022-02-012023-01-31 09379029core:FurnitureFittings2022-02-012023-01-31 09379029core:Goodwill2022-01-31 09379029core:Goodwill2023-01-31 09379029core:Goodwill2022-02-012023-01-31 09379029core:LandBuildings2022-01-31 09379029core:MotorVehicles2022-01-31 09379029core:FurnitureFittings2022-01-31 09379029core:LandBuildings2022-02-012023-01-31 09379029core:MotorVehicles2022-02-012023-01-31 09379029core:LandBuildings2023-01-31 09379029core:MotorVehicles2023-01-31 09379029core:FurnitureFittings2023-01-31 093790292021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09379029 (England and Wales)
BISMILLAH ACCESSORIES LTD Unaudited accounts for the year ended 31 January 2023
BISMILLAH ACCESSORIES LTD Unaudited accounts Contents
Page
- 2 -
BISMILLAH ACCESSORIES LTD Company Information for the year ended 31 January 2023
Director
Muhammad Kamran Faiz
Company Number
09379029 (England and Wales)
Registered Office
1 JAMES GATE BRADFORD BD1 3JY ENGLAND
- 3 -
BISMILLAH ACCESSORIES LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,890 
3,400 
Tangible assets
34,526 
30,816 
37,416 
34,216 
Current assets
Inventories
40,454 
35,345 
Cash at bank and in hand
1,231 
69,951 
41,685 
105,296 
Creditors: amounts falling due within one year
(46,368)
(59,914)
Net current (liabilities)/assets
(4,683)
45,382 
Total assets less current liabilities
32,733 
79,598 
Creditors: amounts falling due after more than one year
(58,674)
(61,275)
Net (liabilities)/assets
(25,941)
18,323 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(26,041)
18,223 
Shareholders' funds
(25,941)
18,323 
For the year ending 31 January 2023 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 March 2023 and were signed on its behalf by
Muhammad Kamran Faiz Director Company Registration No. 09379029
- 4 -
BISMILLAH ACCESSORIES LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
BISMILLAH ACCESSORIES LTD is a private company, limited by shares, registered in England and Wales, registration number 09379029. The registered office is 1 JAMES GATE, BRADFORD, BD1 3JY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2022
4,000 
At 31 January 2023
4,000 
Amortisation
At 1 February 2022
600 
Charge for the year
510 
At 31 January 2023
1,110 
Net book value
At 31 January 2023
2,890 
At 31 January 2022
3,400 
- 5 -
BISMILLAH ACCESSORIES LTD Notes to the Accounts for the year ended 31 January 2023
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
26,297 
- 
11,696 
37,993 
Additions
- 
2,567 
2,973 
5,540 
At 31 January 2023
26,297 
2,567 
14,669 
43,533 
Depreciation
At 1 February 2022
- 
- 
7,177 
7,177 
Charge for the year
- 
462 
1,368 
1,830 
At 31 January 2023
- 
462 
8,545 
9,007 
Net book value
At 31 January 2023
26,297 
2,105 
6,124 
34,526 
At 31 January 2022
26,297 
- 
4,519 
30,816 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
12,813 
15,360 
Trade creditors
27,633 
30,877 
Taxes and social security
4,161 
8,717 
Other creditors
2,858 
4,725 
Loans from directors
(1,897)
(1,542)
Accruals
800 
1,777 
46,368 
59,914 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
34,299 
44,400 
Accruals
24,375 
16,875 
58,674 
61,275 
8
Average number of employees
During the year the average number of employees was 7 (2022: 3).
- 6 -