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Company Registration No. 06787799 (England and Wales)
Aisha Arshad Associates Limited Unaudited accounts for the year ended 31 January 2024
Aisha Arshad Associates Limited Unaudited accounts Contents
Page
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Aisha Arshad Associates Limited Company Information for the year ended 31 January 2024
Director
Dr.Mohammad Arshad KHAN
Company Number
06787799 (England and Wales)
Accountants
Farshan & Co Accountants & Tax Advisers Suite 1, 2 Britannia Street Leicester LE1 3LE
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Aisha Arshad Associates Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
104,085 
106,454 
Current assets
Cash at bank and in hand
- 
194 
Creditors: amounts falling due within one year
(27,764)
(22,559)
Net current liabilities
(27,764)
(22,365)
Total assets less current liabilities
76,321 
84,089 
Provisions for liabilities
Other provisions
(231)
(231)
Net assets
76,090 
83,858 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
76,080 
83,848 
Shareholders' funds
76,090 
83,858 
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 16 October 2024 and were signed on its behalf by
Dr.Mohammad Arshad KHAN Director Company Registration No. 06787799
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Aisha Arshad Associates Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Aisha Arshad Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 06787799.
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.
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:
Plant & machinery
15%
Computer equipment
15%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
109,664 
2,000 
2,447 
114,111 
At 31 January 2024
109,664 
2,000 
2,447 
114,111 
Depreciation
At 1 February 2023
4,386 
1,938 
1,333 
7,657 
Charge for the year
2,193 
9 
167 
2,369 
At 31 January 2024
6,579 
1,947 
1,500 
10,026 
Net book value
At 31 January 2024
103,085 
53 
947 
104,085 
At 31 January 2023
105,278 
62 
1,114 
106,454 
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Aisha Arshad Associates Limited Notes to the Accounts for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
345 
45 
Loans from directors
26,559 
21,654 
Accruals
860 
860 
27,764 
22,559 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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