Company Registration No. 11733717 (England and Wales)
Alhas UK Import & Export Limited
Unaudited accounts
for the year ended 31 December 2023
Alhas UK Import & Export Limited
Unaudited accounts
Contents
Alhas UK Import & Export Limited
Company Information
for the year ended 31 December 2023
Company Number
11733717 (England and Wales)
Registered Office
Unit C Park Farm Road
Park Farm Industrial Estate
Folkestone
CT19 5EY
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Alhas UK Import & Export Limited
Statement of financial position
as at 31 December 2023
Tangible assets
813,152
814,060
Cash at bank and in hand
(43)
4,756
Creditors: amounts falling due within one year
(482,326)
(647,374)
Net current liabilities
(433,748)
(367,339)
Total assets less current liabilities
379,404
446,721
Creditors: amounts falling due after more than one year
(428,991)
(428,991)
Net (liabilities)/assets
(49,587)
17,730
Called up share capital
20,000
20,000
Profit and loss account
(69,587)
(2,270)
Shareholders' funds
(49,587)
17,730
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 4 September 2024 and were signed on its behalf by
Mr Orhan YUKSEL
Director
Company Registration No. 11733717
Alhas UK Import & Export Limited
Notes to the Accounts
for the year ended 31 December 2023
Alhas UK Import & Export Limited is a private company, limited by shares, registered in England and Wales, registration number 11733717. The registered office is Unit C Park Farm Road, Park Farm Industrial Estate, Folkestone, CT19 5EY, England.
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 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.
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:
Plant & machinery
18% - reducing balance
Motor vehicles
18% - reducing balance
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
Alhas UK Import & Export Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2023
809,017
7,500
816,517
At 31 December 2023
809,017
7,500
816,517
At 1 January 2023
-
2,457
2,457
Charge for the year
-
908
908
At 31 December 2023
-
3,365
3,365
At 31 December 2023
809,017
4,135
813,152
At 31 December 2022
809,017
5,043
814,060
Amounts falling due within one year
Trade debtors
15,016
275,279
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
181,886
245,216
Taxes and social security
-
165
Other creditors
292,285
344,794
Loans from directors
205
-
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
428,991
428,991
Allotted, called up and fully paid:
20,000 Ordinary shares of £1 each
20,000
20,000
9
Transactions with related parties
Included within other creditors is an amount of £205 (2022: £54,838) due to the director of the company. There are no terms as to interest or repayment in respect of this balance.
Alhas UK Import & Export Limited
Notes to the Accounts
for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).