2022-08-01 04816316 2023-07-31 04816316 2022-08-01 2023-07-31 04816316 2022-07-31 04816316 2021-08-01 2022-07-31 04816316 uk-core:WithinOneYear 2022-07-31 04816316 uk-core:WithinOneYear 2023-07-31 04816316 uk-core:AfterOneYear 2022-07-31 04816316 uk-core:AfterOneYear 2023-07-31 04816316 uk-core:ShareCapital 2023-07-31 04816316 uk-core:ShareCapital 2022-07-31 04816316 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 04816316 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 04816316 uk-bus:Director1 2022-08-01 2023-07-31 04816316 uk-core:ToolsEquipment 2022-08-01 2023-07-31 04816316 uk-core:FurnitureFittings 2022-08-01 2023-07-31 04816316 uk-core:ToolsEquipment 2022-07-31 04816316 uk-core:FurnitureFittings 2022-07-31 04816316 uk-core:FurnitureFittings 2023-07-31 04816316 uk-core:ToolsEquipment 2023-07-31 04816316 uk-core:WithinOneYear uk-core:Secured 2023-07-31 04816316 uk-core:WithinOneYear uk-core:Secured 2022-07-31 iso4217:GBP xbrli:pure 04816316 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 04816316 uk-bus:FRS102 2022-08-01 2023-07-31 04816316 uk-bus:FilletedAccounts 2022-08-01 2023-07-31 04816316 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
Fahim Youssouf Limited
Registered Number:04816316
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2023
Fahim Youssouf Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04816316
As at 31 July 2023
Fahim Youssouf Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
5,566
6,370
2
5,566
6,370
Current assets
Trade and other receivables
184,298
189,016
3
49,062
Cash and cash equivalents
77,645
266,661
233,360
Trade and other payables: amounts falling due within one
year
(16,857)
(22,793)
4
216,503
243,868
Net current assets
Total assets less current liabilities
249,434
222,873
Trade and other payables: amounts falling due after more
than one year
(15,063)
(10,063)
5
239,371
Net assets
207,810
Capital and reserves
Called up share capital
2
2
Retained earnings
239,369
207,808
239,371
207,810
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Fahim Youssouf Director
These financial statements were approved and authorised for issue by the Board on 22 April 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2023
Fahim Youssouf Limited
Notes to the Financial Statements
Statutory Information
Fahim Youssouf Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04816316.
Registered address:
29 Baysdale Avenue
Bolton
Lancashire
BL3 4XP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Computer equipment
10 Straight line
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 July 2023
Fahim Youssouf Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 August 2022
8,677
1,877
6,800
At 31 July 2023
6,800
1,877
8,677
Provision for depreciation and impairment
At 01 August 2022
2,307
1,627
680
Charge for year
804
124
680
At 31 July 2023
3,111
1,751
1,360
At 31 July 2023
Net book value
5,440
126
5,566
At 31 July 2022
6,120
250
6,370
3. Trade and other receivables
2022
2023
£
£
Trade debtors
12,499
7,781
Other debtors
176,517
176,517
184,298
189,016
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
4,520
4,520
Trade creditors
588
(644)
Taxation and social security
16,591
11,412
Other creditors
1,094
1,569
22,793
16,857
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
10,063
15,063
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6
For the year ended 31 July 2023
Fahim Youssouf Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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