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Company Registration No. 15072248 (England and Wales)
Amit & Mani Ltd Unaudited accounts for the period from 15 August 2023 to 31 August 2024
Amit & Mani Ltd Unaudited accounts Contents
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Amit & Mani Ltd Company Information for the period from 15 August 2023 to 31 August 2024
Director
Amit Srivastava
Company Number
15072248 (England and Wales)
Registered Office
39 Earlsmead Harrow Middlesex HA2 8SS England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd 4 Baird Road Enfield London EN1 1SJ
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Amit & Mani Ltd Statement of financial position as at 31 August 2024
2024 
Notes
£ 
Fixed assets
Investment property
113,487 
Current assets
Cash at bank and in hand
7,463 
Creditors: amounts falling due within one year
(480)
Net current assets
6,983 
Total assets less current liabilities
120,470 
Creditors: amounts falling due after more than one year
(126,001)
Net liabilities
(5,531)
Capital and reserves
Called up share capital
100 
Profit and loss account
(5,631)
Shareholders' funds
(5,531)
For the period ending 31 August 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 15 October 2024 and were signed on its behalf by
Amit Srivastava Director Company Registration No. 15072248
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Amit & Mani Ltd Notes to the Accounts for the period from 15 August 2023 to 31 August 2024
1
Statutory information
Amit & Mani Ltd is a private company, limited by shares, registered in England and Wales, registration number 15072248. The registered office is 39 Earlsmead, Harrow, Middlesex, HA2 8SS, 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 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
4
Investment property
2024 
£ 
Additions
113,487 
At 31 August 2024
113,487 
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Amit & Mani Ltd Notes to the Accounts for the period from 15 August 2023 to 31 August 2024
5
Creditors: amounts falling due within one year
2024 
£ 
Accruals
480 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
85,463 
Other creditors
10,219 
Loans from directors
30,319 
126,001 
7
Transactions with related parties
At the balance sheet date, where the director held the 50 percent of the shares of the company, the company owed the director £30,319.
8
Controlling party
The company's controlling party is Mr and Mrs Srivastava by virtue of their ownership of 100% of the issued share capital of the company.
9
Average number of employees
During the period the average number of employees was 1.
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