REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 October 2023 |
for |
YASIR & EAMON LTD |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 October 2023 |
for |
YASIR & EAMON LTD |
YASIR & EAMON LTD (Registered number: 08651539) |
Contents of the Financial Statements |
for the Year Ended 31 October 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
YASIR & EAMON LTD |
Company Information |
for the Year Ended 31 October 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
3 Sheen Road |
Richmond Upon Thames |
Surrey |
TW9 1AD |
YASIR & EAMON LTD (Registered number: 08651539) |
Balance Sheet |
31 October 2023 |
2023 | 2022 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 5 |
Tangible assets | 6 |
CURRENT ASSETS |
Stocks | 7 |
Debtors | 8 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 9 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 10 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 11 |
Retained earnings | 12 |
SHAREHOLDERS' FUNDS |
The director acknowledges her responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
YASIR & EAMON LTD (Registered number: 08651539) |
Balance Sheet - continued |
31 October 2023 |
The financial statements were approved by the director and authorised for issue on |
YASIR & EAMON LTD (Registered number: 08651539) |
Notes to the Financial Statements |
for the Year Ended 31 October 2023 |
1. | STATUTORY INFORMATION |
YASIR & EAMON LTD is a |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. |
The financial statements are prepared in sterling, which is the functional currency of the entity. |
TURNOVER |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
INTANGIBLE ASSETS |
Intangible assets are initially measured at cost. |
TANGIBLE FIXED ASSETS |
Plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. |
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their |
estimated residual value, over their expected useful lives on the following basis: |
Plant & Machinery & fittings - 20% Reducing Balance |
Motor Van - 20% Reducing Balance |
STOCKS |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
TAXATION |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
YASIR & EAMON LTD (Registered number: 08651539) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2023 |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
5. | INTANGIBLE FIXED ASSETS |
Milk |
quota |
£ |
COST |
At 1 November 2022 |
and 31 October 2023 |
NET BOOK VALUE |
At 31 October 2023 |
At 31 October 2022 |
6. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Motor | Computer |
machinery | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 November 2022 |
Additions |
At 31 October 2023 |
DEPRECIATION |
At 1 November 2022 |
Charge for year |
At 31 October 2023 |
NET BOOK VALUE |
At 31 October 2023 |
At 31 October 2022 |
7. | STOCKS |
2023 | 2022 |
£ | £ |
Stocks |
YASIR & EAMON LTD (Registered number: 08651539) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2023 |
8. | DEBTORS |
2023 | 2022 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
Directors' current accounts | 311,681 | 266,862 |
S455 tax liability | 105,192 | 90,066 |
Deferred expenses | 29,858 | 24,429 |
Amounts falling due after more than one year: |
Amounts owed by group undertakings |
Rent Deposite | 7,500 | 7,500 |
Aggregate amounts |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
CIBIL Loan | 37,500 | 37,500 |
Trade creditors |
Tax |
Social security and other taxes |
Pension Payable | 998 | 784 |
VAT | 15,046 | 29,612 |
Other creditors |
Accrued expenses |
10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
HSBC Loan Sunbury Cross | ( |
) |
North Cheam due more |
than 1 Year | (2,889 | ) | 1,444 |
HSBC Loan South Wimbledon |
due more than 1 year | 1,444 | 1,532 |
Bank loans - 2-5 years | ( |
) |
HSBC Loan South Wimbledon | 021 | 1,532 | - |
CIBIL Loan | 140,816 | 200,000 |
Amounts owed to participating interests | 195,057 | 231,858 |
YASIR & EAMON LTD (Registered number: 08651539) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2023 |
11. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £ | 2 | 2 |
12. | RESERVES |
Retained |
earnings |
£ |
At 1 November 2022 |
Profit for the year |
At 31 October 2023 |
13. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of year | ( |
) |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
14. | RELATED PARTY DISCLOSURES |
At the balance sheet date, included in creditors were amounts totalling £272,200 (2022: £266,862 payable) receivable from A Al-Romani-Director . |
A Al-Romani is also director in R of London Limited. |
At the balance sheet date, Yasir & Eamon Limited owed £272,994 to Tala & Maya Limited (2022: £265,750) in which A AI-Romani is shareholder. |
At the balance sheet date, Yasir & Eamon Limited owed £77,936 by R of london Limited (2022: £33,892) in which A AI-Romani is Director. |
15. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party of the company are the shareholders A Al-Romani and F Rasoul by virtue of their shareholdings. |