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
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
Aisha Arshad Associates Limited
Statement of financial position
as at 31 January 2024
Tangible assets
104,085
106,454
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)
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
Aisha Arshad Associates Limited
Notes to the Accounts
for the year ended 31 January 2024
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.
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.
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.
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:
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
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
At 31 January 2024
103,085
53
947
104,085
At 31 January 2023
105,278
62
1,114
106,454
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
Loans from directors
26,559
21,654
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).