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Registered Number: 13958685
England and Wales

 

 

 

AWANTASTIC RISE LTD


Dormant Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
Accountants report
You consider that the company is exempt from an audit for the year ended 31 March 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.



....................................................
Solutions Accountants and Financial Services Ltd
149 Radford Rod
Nottingham
NG7 5EH
05 April 2024
1
 
 
Notes
 
2024
£
  2023
£
Current assets      
Debtors 3,514    3,514 
Creditors: amount falling due within one year (2,510)   (2,510)
Net current assets 1,004    1,004 
 
Total assets less current liabilities 1,004    1,004 
Net assets 1,004    1,004 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account 1,003    1,003 
Shareholder's funds 1,004    1,004 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under Section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.


The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 05 April 2024 and were signed by:


-------------------------------
Haider Khaleeq AWAN
Director
2
General Information
AWANTASTIC RISE LTD is a private company, limited by shares, registered in England and Wales, registration number 13958685, registration address 85 HEREFORD ROAD, NOTTINGHAM ENGLAND, NG3 7FL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

The company did not had any employee during the 31 March 2024
Average number of employees during the year was 0 (2023 : 0).
3