Company Registration No. 11683616 (England and Wales)
Adam Arif Ltd
Unaudited accounts
for the year ended 30 November 2023
Adam Arif Ltd
Unaudited accounts
Contents
Adam Arif Ltd
Company Information
for the year ended 30 November 2023
Directors
Nadia Binti Mohd Fauzi
Irwan Shahrin Bin Ismail
Company Number
11683616 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
United Kingdom
Accountants
Yes Accountants
124 City Road
London
EC1V 2NX
Adam Arif Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
1,494
2,222
Cash at bank and in hand
977
5,594
Creditors: amounts falling due within one year
(241,861)
(210,637)
Net current liabilities
(219,022)
(177,534)
Net liabilities
(217,528)
(175,312)
Called up share capital
2
2
Profit and loss account
(217,530)
(175,314)
Shareholders' funds
(217,528)
(175,312)
For the year ending 30 November 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 31 August 2024 and were signed on its behalf by
Nadia Binti Mohd Fauzi
Director
Company Registration No. 11683616
Adam Arif Ltd
Notes to the Accounts
for the year ended 30 November 2023
Adam Arif Ltd is a private company, limited by shares, registered in England and Wales, registration number 11683616. The registered office is 124 City Road, London, EC1V 2NX, United Kingdom.
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.
Turnover represents net invoiced sales of goods and services, excluding value added tax.
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:
4
Tangible fixed assets
Computer equipment
Adam Arif Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
228
74
Loans from directors
239,952
208,888
Included in Note 6 is a director's loan due to Ms. Nadia Binti Mohd Fauzi amounting to £239,952 (2022: £208,888). The loan is interest free, unsecured and subordinated in favour of third-party creditors.
8
Average number of employees
During the year the average number of employees was 1 (2022: 3).