1 October 2023 false No description of principal activity Taxfiler 2024.5 07393604business:PrivateLimitedCompanyLtd2023-10-012024-06-30 073936042023-09-30 073936042023-10-012024-06-30 07393604business:AuditExemptWithAccountantsReport2023-10-012024-06-30 07393604business:FilletedAccounts2023-10-012024-06-30 073936042024-06-30 07393604business:Director12023-10-012024-06-30 07393604business:RegisteredOffice2023-10-012024-06-30 073936042023-09-30 07393604core:WithinOneYear2024-06-30 07393604core:WithinOneYear2023-09-30 07393604core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 07393604core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 07393604core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 07393604core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 07393604core:PreviouslyStatedAmount2024-06-30 07393604core:PreviouslyStatedAmount2023-09-30 07393604business:SmallEntities2023-10-012024-06-30 07393604countries:EnglandWales2023-10-012024-06-30 07393604core:PlantMachinery2023-10-012024-06-30 07393604core:ComputerEquipment2023-10-012024-06-30 07393604core:PlantMachinery2023-09-30 07393604core:ComputerEquipment2023-09-30 07393604core:PlantMachinery2024-06-30 07393604core:ComputerEquipment2024-06-30 073936042022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 07393604 (England and Wales)
A M TAKAR LTD Unaudited accounts for the period from 1 October 2023 to 30 June 2024
A M TAKAR LTD Unaudited accounts Contents
Page
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A M TAKAR LTD Company Information for the period from 1 October 2023 to 30 June 2024
Director
Dr.Abdirashid Mohamud TAKAR
Company Number
07393604 (England and Wales)
Registered Office
7 GREEN LANE CLOSE LEICESTER LE5 4NJ ENGLAND
Accountants
Farshan & Co Accountants & Tax Advisers Suite 1, 2 Britannia Street Leicester LE1 3LE
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A M TAKAR LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,110 
1,287 
Current assets
Cash at bank and in hand
5,874 
20,850 
Creditors: amounts falling due within one year
(6,331)
(21,730)
Net current liabilities
(457)
(880)
Net assets
653 
407 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
643 
397 
Shareholders' funds
653 
407 
For the period ending 30 June 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 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 9 September 2024 and were signed on its behalf by
Dr.Abdirashid Mohamud TAKAR Director Company Registration No. 07393604
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A M TAKAR LTD Notes to the Accounts for the period from 1 October 2023 to 30 June 2024
1
Statutory information
A M TAKAR LTD is a private company, limited by shares, registered in England and Wales, registration number 07393604. The registered office is 7 GREEN LANE CLOSE, LEICESTER, LE5 4NJ, 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.
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 period, 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.
Turnover
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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%
Computer equipment
18%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
3,595 
1,838 
5,433 
At 30 June 2024
3,595 
1,838 
5,433 
Depreciation
At 1 October 2023
3,247 
899 
4,146 
Charge for the period
50 
127 
177 
At 30 June 2024
3,297 
1,026 
4,323 
Net book value
At 30 June 2024
298 
812 
1,110 
At 30 September 2023
348 
939 
1,287 
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A M TAKAR LTD Notes to the Accounts for the period from 1 October 2023 to 30 June 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
269 
904 
Other creditors
6,062 
20,826 
6,331 
21,730 
6
Average number of employees
During the period the average number of employees was 4 (2023: 4).
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