WALEED TEXTILES LIMITED

Company Registration Number:
09651857 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

WALEED TEXTILES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

WALEED TEXTILES LIMITED

Company Information

for the Period Ended 30 June 2023




Director: Fazal ELAHI
Registered office: 34
Buller Road
Manchester
England
M13 0PP
Company Registration Number: 09651857 (England and Wales)

WALEED TEXTILES LIMITED

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 2,212 2,671
Total fixed assets: 2,212 2,671
Current assets
Stocks: 85,895 87,495
Debtors: 5 11,542 18,471
Cash at bank and in hand: 8,558 14,005
Total current assets: 105,995 119,971
Creditors: amounts falling due within one year: 6 ( 6,929 )
Net current assets (liabilities): 105,995 113,042
Total assets less current liabilities: 108,207 115,713
Creditors: amounts falling due after more than one year: 7 ( 248,276 ) ( 253,175 )
Total net assets (liabilities): ( 140,069 ) ( 137,462 )

The notes form part of these financial statements

WALEED TEXTILES LIMITED

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 140,070 ) ( 137,463 )
Shareholders funds: ( 140,069 ) ( 137,462 )

For the year ending 30 June 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 14 March 2024
And Signed On Behalf Of The Board By:

Name: Fazal ELAHI
Status: Director

The notes form part of these financial statements

WALEED TEXTILES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WALEED TEXTILES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 2

WALEED TEXTILES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

WALEED TEXTILES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 July 2022 4,587 4,587
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2023 4,587 4,587
Depreciation
At 01 July 2022 1,916 1,916
Charge for year 459 459
On disposals - -
Other adjustments - -
At 30 June 2023 2,375 2,375
Net book value
At 30 June 2023 2,212 2,212
At 30 June 2022 2,671 2,671

WALEED TEXTILES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Debtors


2023
£

2022
£
Other debtors 11,542 18,471
Total 11,542 18,471

WALEED TEXTILES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 136
Accruals and deferred income 6,793
Total 6,929

WALEED TEXTILES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 11,935 15,986
Other creditors 236,341 237,189
Total 248,276 253,175