Company Registration No. 11515646 (England and Wales)
ARABIC WORKSHOP LTD
Unaudited accounts
for the year ended 31 August 2023
ARABIC WORKSHOP LTD
Unaudited accounts
Contents
ARABIC WORKSHOP LTD
Company Information
for the year ended 31 August 2023
Directors
Saima Kayani
Ryan Rodrigues
Company Number
11515646 (England and Wales)
Registered Office
42 Norbury Close
London
SW16 3ND
Accountants
Capshire Advisory Services Ltd
6 Heathfield Court
4 Cedar Gardens
Sutton
SM2 5EQ
ARABIC WORKSHOP LTD
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
277
832
Creditors: amounts falling due within one year
(54,179)
(52,746)
Net current liabilities
(53,902)
(51,914)
Net liabilities
(53,902)
(45,954)
Called up share capital
2,000
2,000
Share premium
46,000
46,000
Profit and loss account
(101,902)
(93,954)
Shareholders' funds
(53,902)
(45,954)
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 14 April 2024 and were signed on its behalf by
Ryan Rodrigues
Director
Company Registration No. 11515646
ARABIC WORKSHOP LTD
Notes to the Accounts
for the year ended 31 August 2023
ARABIC WORKSHOP LTD is a private company, limited by shares, registered in England and Wales, registration number 11515646. The registered office is 42 Norbury Close, London, SW16 3ND.
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.
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is calculated, using the straight-line method, to allocate the depreciable amount of the assets to their residual values over their estimated useful live of 4 years.
Amortisation is included in administrative expenses in the profit and loss account.
Where factors, such as technological advancement or changes in market price, indicate that residual value or useful life have changed, the residual value, useful life or amortisation rate are amended prospectively to reflect the new circumstances.
The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired.
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.
ARABIC WORKSHOP LTD
Notes to the Accounts
for the year ended 31 August 2023
4
Intangible fixed assets
Other
At 1 September 2022
107,040
At 1 September 2022
101,080
5
Creditors: amounts falling due within one year
2023
2022
Other creditors
40,723
40,723
Loans from directors
12,956
11,523
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).