Company Registration No. 12155634 (England and Wales)
Ahsm Holdings Limited
Unaudited accounts
for the year ended 31 August 2023
Ahsm Holdings Limited
Unaudited accounts
Contents
Ahsm Holdings Limited
Company Information
for the year ended 31 August 2023
Directors
Shahbaz Munir
Simkey Munir
Ameer Munir
Company Number
12155634 (England and Wales)
Registered Office
1
Edmund Street
Bradford
West Yorkshire
BD5 0BH
England
Accountants
A&M Accountants and Consultants LLP
Chartered Certified Accountants
Unit 1-2, 41 Whetley Hill
Bradford
BD8 8NL
Ahsm Holdings Limited
Statement of financial position
as at 31 August 2023
Intangible assets
800,000
850,000
Tangible assets
603,950
246,281
Cash at bank and in hand
583,754
412,744
Creditors: amounts falling due within one year
(371,934)
(1,683)
Net current assets
211,820
411,061
Total assets less current liabilities
1,615,770
1,507,342
Creditors: amounts falling due after more than one year
(763,753)
(814,483)
Net assets
852,017
692,859
Called up share capital
75
75
Profit and loss account
851,942
692,784
Shareholders' funds
852,017
692,859
For the year ending 31 August 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 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 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 of Directors and authorised for issue on 29 March 2024 and were signed on its behalf by
Shahbaz Munir
Director
Company Registration No. 12155634
Ahsm Holdings Limited
Notes to the Accounts
for the year ended 31 August 2023
Ahsm Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12155634. The registered office is 1, Edmund Street, Bradford, West Yorkshire, BD5 0BH, 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:
Land & buildings
0% because value is greater than cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation at 5% per annum.
4
Intangible fixed assets
Goodwill
At 1 September 2022
1,000,000
At 31 August 2023
1,000,000
At 1 September 2022
150,000
Charge for the year
50,000
Ahsm Holdings Limited
Notes to the Accounts
for the year ended 31 August 2023
5
Tangible fixed assets
Land & buildings
At 1 September 2022
246,281
At 31 August 2023
(19,947)
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,743
-
Loans from directors
367,441
1,183
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
763,753
814,483
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).