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Company Registration No. 13279988 (England and Wales)
Amalaki Developments Ltd Unaudited accounts for the year ended 31 March 2024
Amalaki Developments Ltd Unaudited accounts Contents
Page
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Amalaki Developments Ltd Company Information for the year ended 31 March 2024
Directors
Mr Tassama Amlak Miss Shikha Dasani
Company Number
13279988 (England and Wales)
Registered Office
262 Catherine Street Leicester LE4 6GD
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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Amalaki Developments Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
75,000 
75,000 
Current assets
Debtors
216 
563 
Cash at bank and in hand
466 
6,033 
682 
6,596 
Creditors: amounts falling due within one year
(30,140)
(21,979)
Net current liabilities
(29,458)
(15,383)
Total assets less current liabilities
45,542 
59,617 
Creditors: amounts falling due after more than one year
(75,000)
(75,000)
Net liabilities
(29,458)
(15,383)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(29,558)
(15,483)
Shareholders' funds
(29,458)
(15,383)
For the year ending 31 March 2024 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 9 April 2024 and were signed on its behalf by
Mr Tassama Amlak Director Company Registration No. 13279988
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Amalaki Developments Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Amalaki Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13279988. The registered office is 262 Catherine Street, Leicester, LE4 6GD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
NIL
Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
Going concern
The director is assessing, on a daily basis, the impact of the significant uncertainty arising. Whilst the director appreciates there is a significant uncertainty surrounding the future economic climate, the company is well placed to address these impacts. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements, which have been prepared on the going concern basis.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
75,000 
At 31 March 2024
75,000 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
75,000 
At 31 March 2023
75,000 
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Amalaki Developments Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
195 
542 
Accrued income and prepayments
21 
21 
216 
563 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
4,750 
764 
Taxes and social security
100 
100 
Other creditors
19,915 
19,915 
Loans from directors
5,250 
- 
Accruals
125 
1,200 
30,140 
21,979 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
75,000 
75,000 
Included above is a sum of £75,000 a loan provided by Tassama Amlak and Shikha Dasani, the directors of the company.
8
Transactions with related parties
At the reporting date Alkami Solutions Ltd was owed a sum of £9,958 (2023 - £9,958) by the company. At the reporting date Progressive Planning Ltd was owed a sum of £9,957 (2023 - £9,957) by the company.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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