Company Registration No. 6914149 (England and Wales)
ARDI ASSOCIATES LTD
Unaudited accounts
for the year ended 31 May 2023
ARDI ASSOCIATES LTD
Unaudited accounts
Contents
ARDI ASSOCIATES LTD
Company Information
for the year ended 31 May 2023
Company Number
6914149 (England and Wales)
Registered Office
3
Balfour Road
HARROW
MIDDLESEX
HA1 1RJ
United Kingdom
ARDI ASSOCIATES LTD
Statement of financial position
as at 31 May 2023
Tangible assets
6,343
7,628
Cash at bank and in hand
9,731
40,759
Creditors: amounts falling due within one year
(151,493)
(139,290)
Net current assets
45,384
74,848
Called up share capital
1
1
Profit and loss account
51,726
82,475
Shareholders' funds
51,727
82,476
For the year ending 31 May 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 29 February 2024 and were signed on its behalf by
Dr Daud Abdullah
Director
Company Registration No. 6914149
ARDI ASSOCIATES LTD
Notes to the Accounts
for the year ended 31 May 2023
ARDI ASSOCIATES LTD is a private company, limited by shares, registered in England and Wales, registration number 6914149. The registered office is 3, Balfour Road, HARROW, MIDDLESEX, HA1 1RJ, United Kingdom.
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.
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:
Fixtures & fittings
20% of cost on a Reducing balance method
Computer equipment
20% of Cost on a straight line basis
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
4,254
23,956
28,210
At 31 May 2023
4,254
23,956
28,210
At 1 June 2022
4,026
16,556
20,582
Charge for the year
175
1,110
1,285
At 31 May 2023
4,201
17,666
21,867
At 31 May 2023
53
6,290
6,343
At 31 May 2022
228
7,400
7,628
ARDI ASSOCIATES LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
165,822
150,823
Accrued income and prepayments
4,565
4,565
Other debtors
14,791
14,791
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
27,043
13,214
Loans from directors
104,500
110,000
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 12 (2022: 14).