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REGISTERED NUMBER: 10086135 (England and Wales)


















Ismail Textiles (UK) Limited

Financial Statements for the Year Ended 31st January 2023






Ismail Textiles (UK) Limited (Registered number: 10086135)






Contents of the Financial Statements
for the year ended 31st January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ismail Textiles (UK) Limited

Company Information
for the year ended 31st January 2023







DIRECTORS: A B Green
J Green





REGISTERED OFFICE: Riva Home
Coal Road
Leeds
West Yorkshire
LS14 1PS





REGISTERED NUMBER: 10086135 (England and Wales)





AUDITORS: Smailes Goldie
Chartered Accountants
Statutory Auditor
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Ismail Textiles (UK) Limited (Registered number: 10086135)

Balance Sheet
31st January 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 222,966 179,799
Cash at bank and in hand 6,404 365,854
229,370 545,653
CREDITORS
Amounts falling due within one year 5 54,594 346,525
NET CURRENT ASSETS 174,776 199,128
TOTAL ASSETS LESS CURRENT
LIABILITIES

174,776

199,128

CREDITORS
Amounts falling due after more than one
year

6

28,924

37,404
NET ASSETS 145,852 161,724

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 145,752 161,624
145,852 161,724

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th July 2023 and were signed on its behalf by:





J Green - Director


Ismail Textiles (UK) Limited (Registered number: 10086135)

Notes to the Financial Statements
for the year ended 31st January 2023

1. STATUTORY INFORMATION

Ismail Textiles (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,304 179,799
Amounts owed by group undertakings 217,662 -
222,966 179,799

Ismail Textiles (UK) Limited (Registered number: 10086135)

Notes to the Financial Statements - continued
for the year ended 31st January 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 104,278
Amounts owed to group undertakings - 204,797
Taxation and social security 43,191 35,980
Other creditors 1,403 1,470
54,594 346,525

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 28,924 37,404

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Peter Dearing BSc FCCA (Senior Statutory Auditor)
for and on behalf of Smailes Goldie

8. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Riva Home Group Limited.

The ultimate controlling party is J Green.