Registered number
07400220
IMDADH LTD
Filleted Accounts
31 October 2023
IMDADH LTD
Registered number: 07400220
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 4 2,160 573
Current assets
Debtors 5 18,220 33,443
Cash at bank and in hand 30,139 38,527
48,359 71,970
Creditors: amounts falling due within one year 6 (7,660) (22,683)
Net current assets 40,699 49,287
Total assets less current liabilities 42,859 49,860
Creditors: amounts falling due after more than one year 7 (41,558) (49,371)
Net assets 1,301 489
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,201 389
Shareholders' funds 1,301 489
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.
MOHMED ARIF SHAIKH
Director
Approved by the board on 10 February 2024
IMDADH LTD
Notes to the Accounts
for the year ended 31 October 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.
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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Intangible fixed assets £
Goodwill:
Cost
At 1 November 2022 10,000
At 31 October 2023 10,000
Amortisation
At 1 November 2022 10,000
At 31 October 2023 10,000
Net book value
At 31 October 2023 -
Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery
£
Cost
At 1 November 2022 15,108
Additions 2,400
At 31 October 2023 17,508
Depreciation
At 1 November 2022 14,535
Charge for the year 813
At 31 October 2023 15,348
Net book value
At 31 October 2023 2,160
At 31 October 2022 573
5 Debtors 2023 2022
£ £
Trade debtors 18,220 21,525
Other debtors - 11,918
18,220 33,443
6 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts - 13,084
Taxation and social security costs 6,640 7,929
Other creditors 1,020 1,670
7,660 22,683
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 41,558 49,371
8 Controlling party
The company is in the ultimate control of the 2 Directors, by virtue of them owning 100% of the share capital.
9 Other information
IMDADH LTD is a private company limited by shares and incorporated in England. Its registered office is:
5 OXFORD ROAD
BATLEY
WF17 7PZ
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