Registered number
12173085
ALI-MAK INVESTMENTS LIMITED
Filleted Accounts
31 August 2023
ALI-MAK INVESTMENTS LIMITED
Registered number: 12173085
Balance Sheet
as at 31 August 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 357,432 357,592
Current assets
Debtors 4 6,681 5,009
Cash at bank and in hand 10,300 10,554
16,981 15,563
Creditors: amounts falling due within one year 5 (24,471) (18,826)
Net current liabilities (7,490) (3,263)
Total assets less current liabilities 349,942 354,329
Creditors: amounts falling due after more than one year 6 (370,104) (380,217)
Net liabilities (20,162) (25,888)
Capital and reserves
Called up share capital 100 100
Profit and loss account (20,262) (25,988)
Shareholders' funds (20,162) (25,888)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M F Alimahomed
Director
Approved by the board on 30 August 2024
ALI-MAK INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 August 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than investment properties, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Investment properties Not depreciated
Fixtures, fittings and equipment 10% per annum on cost
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Investment properties Fixtures, fittings and equipment Total
£ £ £
Cost
At 1 September 2022 356,312 1,600 357,912
At 31 August 2023 356,312 1,600 357,912
Depreciation
At 1 September 2022 - 320 320
Charge for the year - 160 160
At 31 August 2023 - 480 480
Net book value
At 31 August 2023 356,312 1,120 357,432
At 31 August 2022 356,312 1,280 357,592
4 Debtors 2023 2022
£ £
Trade debtors 558 5,009
Prepayments 6,123 -
6,681 5,009
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 10,189 10,067
Trade creditors 11,278 5,259
Accrued expenses 3,004 3,500
24,471 18,826
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 21,226 31,039
Other creditors 348,878 349,178
370,104 380,217
7 Other information
ALI-MAK INVESTMENTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
21 Nedham Street
Leicester
LE2 0HD
ALI-MAK INVESTMENTS LIMITED 12173085 false 2022-09-01 2023-08-31 2023-08-31 VT Final Accounts April 2024 M F Alimahomed No description of principal activity 12173085 2021-09-01 2022-08-31 12173085 core:WithinOneYear 2022-08-31 12173085 core:AfterOneYear 2022-08-31 12173085 core:ShareCapital 2022-08-31 12173085 core:RetainedEarningsAccumulatedLosses 2022-08-31 12173085 2022-09-01 2023-08-31 12173085 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 12173085 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 12173085 bus:Director40 2022-09-01 2023-08-31 12173085 1 2022-09-01 2023-08-31 12173085 2 2022-09-01 2023-08-31 12173085 core:LandBuildings 2022-09-01 2023-08-31 12173085 core:PlantMachinery 2022-09-01 2023-08-31 12173085 countries:England 2022-09-01 2023-08-31 12173085 bus:FRS102 2022-09-01 2023-08-31 12173085 bus:FilletedAccounts 2022-09-01 2023-08-31 12173085 2023-08-31 12173085 core:WithinOneYear 2023-08-31 12173085 core:AfterOneYear 2023-08-31 12173085 core:ShareCapital 2023-08-31 12173085 core:RetainedEarningsAccumulatedLosses 2023-08-31 12173085 core:LandBuildings 2023-08-31 12173085 core:PlantMachinery 2023-08-31 12173085 2022-08-31 12173085 core:LandBuildings 2022-08-31 12173085 core:PlantMachinery 2022-08-31 iso4217:GBP xbrli:pure