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Company Registration No. 12304154 (England and Wales)
Kamran Rasul Limited Unaudited accounts for the year ended 31 May 2024
Kamran Rasul Limited Unaudited accounts Contents
Page
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Kamran Rasul Limited Company Information for the year ended 31 May 2024
Director
K Rasul
Company Number
12304154 (England and Wales)
Registered Office
109 EASTHAM VILLAGE ROAD EASTHAM WIRRAL CH62 0AF UNITED KINGDOM
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Kamran Rasul Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
475,298 
468,979 
Current assets
Debtors
659,500 
445,300 
Cash at bank and in hand
19,484 
61,785 
678,984 
507,085 
Creditors: amounts falling due within one year
(662,316)
(573,147)
Net current assets/(liabilities)
16,668 
(66,062)
Total assets less current liabilities
491,966 
402,917 
Creditors: amounts falling due after more than one year
(54,809)
(85,139)
Net assets
437,157 
317,778 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
437,156 
317,777 
Shareholders' funds
437,157 
317,778 
For the year ending 31 May 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 5 August 2024 and were signed on its behalf by
K Rasul Director Company Registration No. 12304154
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Kamran Rasul Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Kamran Rasul Limited is a private company, limited by shares, registered in England and Wales, registration number 12304154. The registered office is 109 EASTHAM VILLAGE ROAD, EASTHAM, WIRRAL, CH62 0AF, UNITED KINGDOM.
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.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
77,995 
638,332 
999 
717,326 
Additions
- 
164,072 
1,265 
165,337 
At 31 May 2024
77,995 
802,404 
2,264 
882,663 
Depreciation
At 1 June 2023
34,123 
213,225 
999 
248,347 
Charge for the year
10,968 
147,295 
755 
159,018 
At 31 May 2024
45,091 
360,520 
1,754 
407,365 
Net book value
At 31 May 2024
32,904 
441,884 
510 
475,298 
At 31 May 2023
43,872 
425,107 
- 
468,979 
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Kamran Rasul Limited Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
659,500 
445,300 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
30,499 
39,838 
Trade creditors
606,697 
519,215 
Taxes and social security
18,939 
3,787 
Other creditors
- 
300 
Loans from directors
6,181 
7,463 
Accruals
- 
2,544 
662,316 
573,147 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
54,809 
85,139 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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