Registered number
06827654
DAWAH LTD
Filleted Accounts
28 February 2023
DAWAH LTD
Registered number: 06827654
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,286 1,962
Investments 4 103,274 63,418
104,560 65,380
Current assets
Debtors 5 75,360 75,342
Cash at bank and in hand 23,013 22,468
98,373 97,810
Creditors: amounts falling due within one year 6 (29,567) (14,847)
Net current assets 68,806 82,963
Net assets 173,366 148,343
Capital and reserves
Called up share capital 160 160
Profit and loss account 173,206 148,183
Shareholders' funds 173,366 148,343
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr Yousuf Saleem
Director
Approved by the board on 16 November 2023
DAWAH LTD
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
FA - Vehicles over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 March 2022 2,705 36,841 39,546
At 28 February 2023 2,705 36,841 39,546
Depreciation
At 1 March 2022 743 36,841 37,584
Charge for the year 676 - 676
At 28 February 2023 1,419 36,841 38,260
Net book value
At 28 February 2023 1,286 - 1,286
At 28 February 2022 1,962 - 1,962
4 Investments
Investments in
subsidiary Other
undertakings investments Total
£ £ £
Cost
At 1 March 2022 - 63,418 63,418
Additions 41,734 - 41,734
Disposals (1,878) - (1,878)
At 28 February 2023 39,856 63,418 103,274
5 Debtors 2023 2022
£ £
Other debtors 75,360 75,342
6 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 18,182 13,817
Other creditors 11,385 1,030
29,567 14,847
7 Other information
DAWAH LTD is a private company limited by shares and incorporated in England. Its registered office is:
Suite 2,Parkway 5
300 Princess Road
Manchester
England
M14 7HR
DAWAH LTD 06827654 false 2022-03-01 2023-02-28 2023-02-28 VT Final Accounts April 2022 Dr Yousuf Saleem No description of principal activity 06827654 2021-03-01 2022-02-28 06827654 core:WithinOneYear 2022-02-28 06827654 core:ShareCapital 2022-02-28 06827654 core:RetainedEarningsAccumulatedLosses 2022-02-28 06827654 2022-03-01 2023-02-28 06827654 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 06827654 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 06827654 bus:Director40 2022-03-01 2023-02-28 06827654 1 2022-03-01 2023-02-28 06827654 2 2022-03-01 2023-02-28 06827654 core:PlantMachinery 2022-03-01 2023-02-28 06827654 core:Vehicles 2022-03-01 2023-02-28 06827654 countries:England 2022-03-01 2023-02-28 06827654 bus:FRS102 2022-03-01 2023-02-28 06827654 bus:FullAccounts 2022-03-01 2023-02-28 06827654 2023-02-28 06827654 core:WithinOneYear 2023-02-28 06827654 core:ShareCapital 2023-02-28 06827654 core:RetainedEarningsAccumulatedLosses 2023-02-28 06827654 core:PlantMachinery 2023-02-28 06827654 core:Vehicles 2023-02-28 06827654 core:AdditionsToInvestments 2023-02-28 06827654 core:DisposalsRepaymentsInvestments 2023-02-28 06827654 2022-02-28 06827654 core:PlantMachinery 2022-02-28 06827654 core:Vehicles 2022-02-28 iso4217:GBP xbrli:pure