Company Registration No. 08416120 (England and Wales)
Al Shamas (N.W) Ltd
Unaudited accounts
for the year ended 28 February 2023
Al Shamas (N.W) Ltd
Unaudited accounts
Contents
Al Shamas (N.W) Ltd
Company Information
for the year ended 28 February 2023
Company Number
08416120 (England and Wales)
Registered Office
4 Rhodfa Lwyd
Llysfaen
Colwyn Bay
Conwy
LL29 8BH
Accountants
Bisby Accountancy Ltd
23 Llandudno Road
Penrhyn Bay
Llandudno
Conwy
LL30 3EP
Al Shamas (N.W) Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
7,701
8,617
Cash at bank and in hand
36,755
67,344
Creditors: amounts falling due within one year
(53,933)
(81,463)
Net current assets
56,407
55,970
Called up share capital
100
100
Profit and loss account
64,008
64,487
Shareholders' funds
64,108
64,587
For the year ending 28 February 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 11 November 2023 and were signed on its behalf by
Mr S Z A Shamsi
Director
Company Registration No. 08416120
Al Shamas (N.W) Ltd
Notes to the Accounts
for the year ended 28 February 2023
Al Shamas (N.W) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08416120. The registered office is 4 Rhodfa Lwyd, Llysfaen, Colwyn Bay, Conwy, LL29 8BH.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% rounding balance
Motor vehicles
25% rounding balance
The director has reviewed the company's financial position and has considered the potential implications of the Coronavirus (COVID-19) pandemic. Whilst the eventual financial impact of the pandemic on the company, and on the overall economy, remains uncertain, the director is confident that the company will be able to remain operational throughout the pandemic.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2022
17,607
592
18,199
At 28 February 2023
19,258
592
19,850
At 1 March 2022
9,131
451
9,582
Charge for the year
2,532
35
2,567
At 28 February 2023
11,663
486
12,149
At 28 February 2023
7,595
106
7,701
At 28 February 2022
8,476
141
8,617
Al Shamas (N.W) Ltd
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Other debtors
48,585
44,189
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
32,500
43,285
Trade creditors
8,690
12,796
Taxes and social security
9,275
20,906
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Average number of employees
During the year the average number of employees was 5 (2022: 3).