Acorah Software Products - Accounts Production 15.0.650 false true 30 November 2022 25 November 2021 false 1 December 2022 30 November 2023 30 November 2023 SC716126 Mr Abdul ZAHID iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC716126 2022-11-30 SC716126 2023-11-30 SC716126 2022-12-01 2023-11-30 SC716126 frs-core:CurrentFinancialInstruments 2023-11-30 SC716126 frs-core:FurnitureFittings 2023-11-30 SC716126 frs-core:FurnitureFittings 2022-12-01 2023-11-30 SC716126 frs-core:FurnitureFittings 2022-11-30 SC716126 frs-core:MotorVehicles 2023-11-30 SC716126 frs-core:MotorVehicles 2022-12-01 2023-11-30 SC716126 frs-core:MotorVehicles 2022-11-30 SC716126 frs-core:PlantMachinery 2023-11-30 SC716126 frs-core:PlantMachinery 2022-12-01 2023-11-30 SC716126 frs-core:PlantMachinery 2022-11-30 SC716126 frs-core:ShareCapital 2023-11-30 SC716126 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 SC716126 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 SC716126 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 SC716126 frs-bus:SmallEntities 2022-12-01 2023-11-30 SC716126 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 SC716126 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 SC716126 frs-bus:Director1 2022-12-01 2023-11-30 SC716126 frs-countries:Scotland 2022-12-01 2023-11-30 SC716126 2021-11-24 SC716126 2022-11-30 SC716126 2021-11-25 2022-11-30 SC716126 frs-core:CurrentFinancialInstruments 2022-11-30 SC716126 frs-core:ShareCapital 2022-11-30 SC716126 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: SC716126
ABDUL AND SONS LIMITED
Unaudited Financial Statements
For The Year Ended 30 November 2023
Global Accountancy Practice
10 Allison Street
Glasgow
G42 8NN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC716126
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,442 13,614
11,442 13,614
CURRENT ASSETS
Stocks 5 1,745 1,682
Cash at bank and in hand 7,261 5,984
9,006 7,666
Creditors: Amounts Falling Due Within One Year 7 (20,533 ) (20,758 )
NET CURRENT ASSETS (LIABILITIES) (11,527 ) (13,092 )
TOTAL ASSETS LESS CURRENT LIABILITIES (85 ) 522
NET (LIABILITIES)/ASSETS (85 ) 522
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (185 ) 422
SHAREHOLDERS' FUNDS (85) 522
Page 1
Page 2
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Abdul ZAHID
Director
17th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ABDUL AND SONS LIMITED is a private company, limited by shares, incorporated in Scotland, registered number SC716126 . The registered office is 17 Aitchison Street, Airdrie, ML6 0DA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20%
Motor Vehicles 20%
Fixtures & Fittings 10%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 December 2022 5,350 688 9,650 15,688
As at 30 November 2023 5,350 688 9,650 15,688
Depreciation
As at 1 December 2022 1,070 39 965 2,074
Provided during the period 1,070 137 965 2,172
As at 30 November 2023 2,140 176 1,930 4,246
...CONTINUED
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Page 4
Net Book Value
As at 30 November 2023 3,210 512 7,720 11,442
As at 1 December 2022 4,280 649 8,685 13,614
5. Stocks
2023 2022
£ £
Materials 1,745 1,682
6. Debtors
2023 2022
£ £
Due within one year
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 750 620
Director's loan account 19,783 20,138
20,533 20,758
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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