Company Registration No. 10802570 (England and Wales)
ABASS AFGHAN BAKERY LTD
Unaudited accounts
for the year ended 30 June 2023
ABASS AFGHAN BAKERY LTD
Unaudited accounts
Contents
ABASS AFGHAN BAKERY LTD
Company Information
for the year ended 30 June 2023
Company Number
10802570 (England and Wales)
Registered Office
779 HIGH ROAD
NORTH FINCHLEY
LONDON
N12 8JY
ENGLAND
Accountants
SAMI & CO ACCOUNTANTS
48 BILTON ROAD
PERIVALE
MIDDLESEX
UB6 7DH
ABASS AFGHAN BAKERY LTD
Statement of financial position
as at 30 June 2023
Tangible assets
31,940
35,154
Cash at bank and in hand
5,035
4,511
Creditors: amounts falling due within one year
(85,013)
(60,558)
Net current assets
18,500
24,453
Total assets less current liabilities
50,440
59,607
Creditors: amounts falling due after more than one year
(25,149)
(39,474)
Called up share capital
1,000
1,000
Profit and loss account
24,291
19,133
Shareholders' funds
25,291
20,133
For the year ending 30 June 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 4 March 2024 and were signed on its behalf by
MR ALI HUSSAINI
Director
Company Registration No. 10802570
ABASS AFGHAN BAKERY LTD
Notes to the Accounts
for the year ended 30 June 2023
ABASS AFGHAN BAKERY LTD is a private company, limited by shares, registered in England and Wales, registration number 10802570. The registered office is 779 HIGH ROAD, NORTH FINCHLEY, LONDON, N12 8JY, ENGLAND.
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:
Motor vehicles
10% reducing balance
Fixtures & fittings
10% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
36,550
15,093
51,643
At 30 June 2023
36,550
15,093
51,643
At 1 July 2022
13,622
2,867
16,489
Charge for the year
1,991
1,223
3,214
At 30 June 2023
15,613
4,090
19,703
At 30 June 2023
20,937
11,003
31,940
At 30 June 2022
22,928
12,226
35,154
Amounts falling due within one year
ABASS AFGHAN BAKERY LTD
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
31,168
31,646
Other creditors
1,350
11,801
Loans from directors
52,495
17,111
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).