Registration number:
Asimi Holdings Limited
for the Year Ended 31 December 2023
Asimi Holdings Limited
Contents
Balance Sheet |
|
Detailed Profit and Loss Account |
|
Notes to the Unaudited Financial Statements |
Asimi Holdings Limited
(Registration number: 12866023)
Balance Sheet as at 31 December 2023
31 December |
31 December |
|
Fixed assets |
|
|
Current assets |
|
|
Prepayments and accrued income |
|
- |
Creditors: Amounts falling due within one year |
( |
( |
Net current assets/(liabilities) |
|
( |
Total assets less current liabilities |
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
Accruals and deferred income |
( |
- |
( |
( |
|
Capital and reserves |
( |
( |
For the financial 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.
Director's responsibilities:
• |
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
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Asimi Holdings Limited
Detailed Profit and Loss Account for the Year Ended 31 December 2023
2023 |
31 December |
|
Turnover (analysed below) |
421,684 |
205,219 |
Cost of sales (analysed below) |
(199,921) |
(222,785) |
Gross profit/(loss) |
221,763 |
(17,566) |
Gross profit (%) |
52.59% |
(8.56)% |
Administrative expenses |
||
Employment costs (analysed below) |
(81,082) |
(68,500) |
Establishment costs (analysed below) |
(11,562) |
- |
General administrative expenses (analysed below) |
(70,256) |
(70,971) |
Finance charges (analysed below) |
(1,173) |
(509) |
Depreciation costs (analysed below) |
(1,342) |
(985) |
(165,415) |
(140,965) |
|
Other operating income (analysed below) |
144,674 |
- |
Operating profit/(loss) |
201,022 |
(158,531) |
Other interest receivable and similar income (analysed below) |
18,659 |
- |
Interest payable and similar expenses (analysed below) |
(3) |
- |
18,656 |
- |
|
Profit/(loss) before tax |
219,678 |
(158,531) |
Asimi Holdings Limited
Detailed Profit and Loss Account for the Year Ended 31 December 2023
2023 |
31 December |
Turnover |
||
Sale of goods, UK |
179,434 |
166,869 |
Stock recharge receivable |
242,250 |
38,350 |
421,684 |
205,219 |
Cost of sales |
||
Opening raw materials |
(79,714) |
(33,388) |
Purchases |
(399,686) |
(151,106) |
Import Duty |
(9,135) |
(5,128) |
Closing raw materials |
414,170 |
79,714 |
Packaging material |
(36,843) |
(12,365) |
Freight and carriage |
(31,967) |
(11,813) |
Advertising |
(11,272) |
(27,345) |
Stock holding and service fees |
- |
(2,322) |
Commissions payable |
(45,474) |
(59,032) |
(199,921) |
(222,785) |
Employment costs |
||
Wages and salaries (excluding directors) |
(72,000) |
(60,871) |
Staff NIC (employer's) |
(7,321) |
(6,587) |
Staff pensions (defined contribution) |
(1,761) |
(1,042) |
(81,082) |
(68,500) |
Establishment costs |
||
Rent |
(11,185) |
- |
Insurance |
(377) |
- |
(11,562) |
- |
General administrative expenses |
||
Telephone and internet costs |
(776) |
(132) |
Computer software and maintenance costs |
(12,903) |
(16,010) |
Printing, postage and stationery |
(2,126) |
(194) |
Trade subscriptions |
(3,162) |
(99) |
Sundry expenses |
(150) |
(375) |
Travel and subsistence |
(14,390) |
(15,677) |
Advertising |
(16,069) |
(7,899) |
Customer entertaining |
(2,023) |
(3,691) |
Accountancy fees |
(18,125) |
(3,243) |
Legal and professional fees |
(532) |
(23,651) |
(70,256) |
(70,971) |
Asimi Holdings Limited
Detailed Profit and Loss Account for the Year Ended 31 December 2023
2023 |
31 December |
Finance charges |
||
Bank charges |
(1,128) |
(464) |
Credit card charges |
(45) |
(45) |
(1,173) |
(509) |
Depreciation costs |
||
Depreciation of office equipment |
(1,342) |
(985) |
Other operating income |
||
Recharged costs to subsidiary |
144,674 |
- |
Other interest receivable and similar income |
||
Foreign currency gains/(losses) |
18,659 |
- |
Interest payable and similar expenses |
||
Bank interest payable |
(3) |
- |
Asimi Holdings Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest £.
Staff numbers |
The average number of persons employed by the company (including the director) during the year was