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Company Registration No. 09371646 (England and Wales)
Majeed.Org Ltd Filleted accounts for the year ended 31 January 2024
Majeed.Org Ltd Filleted accounts Contents
Page
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Majeed.Org Ltd Company Information for the year ended 31 January 2024
Director
Dr Saleel Majeed
Company Number
09371646 (England and Wales)
Registered Office
86 Evington Lane Leicester LE5 5PP
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Majeed.Org Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,500 
6,750 
Current assets
Debtors
26,500 
1,500 
Cash at bank and in hand
213,042 
249,567 
239,542 
251,067 
Creditors: amounts falling due within one year
(11,683)
(14,558)
Net current assets
227,859 
236,509 
Net assets
232,359 
243,259 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
232,259 
243,159 
Shareholders' funds
232,359 
243,259 
For the year ending 31 January 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 29 October 2024 and were signed on its behalf by
Dr Saleel Majeed Director Company Registration No. 09371646
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Majeed.Org Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Majeed.Org Ltd is a private company, limited by shares, registered in England and Wales, registration number 09371646. The registered office is 86 Evington Lane, Leicester, LE5 5PP.
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.
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.
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:
Fixtures & fittings
25% straight line basis
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Majeed.Org Ltd Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
9,000 
At 31 January 2024
9,000 
Depreciation
At 1 February 2023
2,250 
Charge for the year
2,250 
At 31 January 2024
4,500 
Net book value
At 31 January 2024
4,500 
At 31 January 2023
6,750 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
26,500 
1,500 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
10,622 
13,538 
Accruals
1,061 
1,020 
11,683 
14,558 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
50 A Ordinary shares of £1 each
50 
50 
50 B Ordinary shares of £1 each
50 
50 
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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