Company Registration No. 05160327 (England and Wales)
AID-SEL LIMITED
Unaudited accounts
for the year ended 30 June 2024
AID-SEL LIMITED
Unaudited accounts
Contents
AID-SEL LIMITED
Company Information
for the year ended 30 June 2024
Company Number
05160327 (England and Wales)
Registered Office
1A SHAFTESBURY ROAD
EDMONTON
LONDON
N18 1SS
Accountants
QUALIFIED ACCOUNTANTS LIMITED
89 Oakfield Road
Southgate
London
N14 6LT
AID-SEL LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
6,991
7,256
Cash at bank and in hand
46,559
50,716
Creditors: amounts falling due within one year
(43,704)
(58,983)
Net current assets
11,596
14,923
Called up share capital
1,000
1,000
Profit and loss account
17,587
21,179
Shareholders' funds
18,587
22,179
For the year ending 30 June 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 November 2024 and were signed on its behalf by
Selim MUSTAFA
Director
Company Registration No. 05160327
AID-SEL LIMITED
Notes to the Accounts
for the year ended 30 June 2024
AID-SEL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05160327. The registered office is 1A SHAFTESBURY ROAD, EDMONTON, LONDON, N18 1SS.
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.
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:
Motor vehicles
20% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
5,929
15,647
7,500
29,076
At 30 June 2024
5,929
15,647
7,500
29,076
At 1 July 2023
-
15,604
6,216
21,820
Charge for the year
-
9
256
265
At 30 June 2024
-
15,613
6,472
22,085
At 30 June 2024
5,929
34
1,028
6,991
At 30 June 2023
5,929
43
1,284
7,256
Amounts falling due within one year
Accrued income and prepayments
3,190
3,190
Other debtors
5,551
20,000
AID-SEL LIMITED
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,229
12,137
Proposed dividends
12,000
12,000
Other creditors
16,835
10,783
Loans from directors
-
21,063
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).