Company Registration No. 12792842 (England and Wales)
Ilyas Traders Ltd
Unaudited accounts
for the period from 1 September 2021 to 31 December 2022
Ilyas Traders Ltd
Unaudited accounts
Contents
Ilyas Traders Ltd
Company Information
for the period from 1 September 2021 to 31 December 2022
Company Number
12792842 (England and Wales)
Registered Office
31 Blacker Road
Huddersfield
West Yorkshire
HD1 5HU
Accountants
The Accounting Buddy
www.theaccountingbuddy.co.uk
Ilyas Traders Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
6,085
Creditors: amounts falling due within one year
(18,941)
Net current liabilities
(1,080)
Profit and loss account
(1,081)
Shareholders' funds
(1,080)
For the period ending 31 December 2022 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 25 December 2023 and were signed on its behalf by
Ammar Ilyas Butt
Director
Company Registration No. 12792842
Ilyas Traders Ltd
Notes to the Accounts
for the period from 1 September 2021 to 31 December 2022
Ilyas Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 12792842. The registered office is 31 Blacker Road, Huddersfield, West Yorkshire, HD1 5HU.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2022
6
Average number of employees
During the period the average number of employees was 0.