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Company Registration No. 13250911 (England and Wales)
UMAR LTD Unaudited accounts for the year ended 31 March 2023
UMAR LTD Unaudited accounts Contents
Page
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UMAR LTD Company Information for the year ended 31 March 2023
Directors
Hussein Umar Fatima Harif Fatima Bibi Meman Talha Mohmed Iqbal Patel Imraan Mohmed Umar
Company Number
13250911 (England and Wales)
Registered Office
C/O Aidhan And Partners 8 Devonshire Square London EC2M 4PL England
Accountants
Aidhan and Partners Simply Accountants Ltd 8 Devonshire Square London EC2M 4PL
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UMAR LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
161,519 
4,869 
Current assets
Debtors
6,319 
2,649 
Cash at bank and in hand
3,603 
1,351 
9,922 
4,000 
Creditors: amounts falling due within one year
(85,888)
(57,236)
Net current liabilities
(75,966)
(53,236)
Total assets less current liabilities
85,553 
(48,367)
Creditors: amounts falling due after more than one year
(112,409)
- 
Net liabilities
(26,856)
(48,367)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(26,857)
(48,368)
Shareholders' funds
(26,856)
(48,367)
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by
Hussein Umar Director Company Registration No. 13250911
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UMAR LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
UMAR LTD is a private company, limited by shares, registered in England and Wales, registration number 13250911. The registered office is C/O Aidhan And Partners, 8 Devonshire Square, London, EC2M 4PL, 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:
Plant & machinery
20%
Fixtures & fittings
20%
Going concern
The financial statements have been prepared on a going concern basis due to continued support of its directors and shareholders.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
6,352 
- 
6,352 
Additions
61,833 
122,680 
184,513 
At 31 March 2023
68,185 
122,680 
190,865 
Depreciation
At 1 April 2022
1,483 
- 
1,483 
Charge for the year
9,648 
18,215 
27,863 
At 31 March 2023
11,131 
18,215 
29,346 
Net book value
At 31 March 2023
57,054 
104,465 
161,519 
At 31 March 2022
4,869 
- 
4,869 
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UMAR LTD Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,319 
- 
Other debtors
- 
2,649 
6,319 
2,649 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
13,031 
- 
Obligations under finance leases and hire purchase contracts
47,070 
- 
Trade creditors
12,130 
- 
Taxes and social security
6,907 
- 
Other creditors
6,750 
- 
Loans from directors
- 
57,236 
85,888 
57,236 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
60,842 
- 
Loans from directors
51,567 
- 
112,409 
- 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 10 (2022: 1).
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