QILA FOODS LIMITED

Company Registration Number:
SC715415 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

QILA FOODS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

QILA FOODS LIMITED

Company Information

for the Period Ended 30 November 2023




Director: Muhammad Faryyad
Registered office: Askari & Co Limited
162 Darnley Street
Glasgow
Scotland
GB-SCT
G41 2LL
Company Registration Number: SC715415 (Scotland)

QILA FOODS LIMITED

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

The company's principal activity during the period was that of a Hot Food Takeaway.

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
Muhammad Faryyad

This report was approved by the board of directors on 21 August 2024
And Signed On Behalf Of The Board By:

Name: Muhammad Faryyad
Status: Director

QILA FOODS LIMITED

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 8,604 4,500
Total fixed assets: 8,604 4,500
Current assets
Stocks: 1,750 1,525
Cash at bank and in hand: 4,425 4,688
Total current assets: 6,175 6,213
Creditors: amounts falling due within one year: 5 ( 17,386 ) ( 7,130 )
Net current assets (liabilities): ( 11,211 ) ( 917 )
Total assets less current liabilities: ( 2,607 ) 3,583
Total net assets (liabilities): ( 2,607 ) 3,583

The notes form part of these financial statements

QILA FOODS LIMITED

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 2,707 ) 3,483
Shareholders funds: ( 2,607 ) 3,583

For the year ending 30 November 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 21 August 2024
And Signed On Behalf Of The Board By:

Name: Muhammad Faryyad
Status: Director

The notes form part of these financial statements

QILA FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

QILA FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

QILA FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

QILA FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 December 2022 5,000 5,000
Additions 5,060 5,060
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2023 10,060 10,060
Depreciation
At 01 December 2022 500 500
Charge for year 956 956
On disposals - -
Other adjustments - -
At 30 November 2023 1,456 1,456
Net book value
At 30 November 2023 8,604 8,604
At 30 November 2022 4,500 4,500

QILA FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 3,077 1,980
Other creditors 14,309 5,150
Total 17,386 7,130