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
Amit & Mani Ltd
Company Information
for the period from 15 August 2023 to 31 August 2024
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
Amit & Mani Ltd
Statement of financial position
as at 31 August 2024
Investment property
113,487
Cash at bank and in hand
7,463
Creditors: amounts falling due within one year
(480)
Total assets less current liabilities
120,470
Creditors: amounts falling due after more than one year
(126,001)
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
Amit & Mani Ltd
Notes to the Accounts
for the period from 15 August 2023 to 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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 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.
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.
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
6
Creditors: amounts falling due after more than one year
2024
Loans from directors
30,319
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.
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.