Company Registration No. 04023725 (England and Wales)
DARUSSALAM INTERNATIONAL PUBLICATIONS LIMITED
Accounts
for the year ended 31 March 2024
DARUSSALAM INTERNATIONAL PUBLICATIONS LIMITED
Accounts
Contents
DARUSSALAM INTERNATIONAL PUBLICATIONS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
2,284,904
47,188
Inventories
609,410
600,760
Cash at bank and in hand
161,958
433,911
Creditors: amounts falling due within one year
(3,455,741)
(1,722,800)
Net current (liabilities)/assets
(2,181,484)
59,199
Net assets
103,420
106,387
Called up share capital
100
100
Profit and loss account
103,320
106,287
Shareholders' funds
103,420
106,387
For the year ending 31 March 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 23 December 2024 and were signed on its behalf by
Hafiz Waheed
Director
Company Registration No. 04023725
DARUSSALAM INTERNATIONAL PUBLICATIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
DARUSSALAM INTERNATIONAL PUBLICATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04023725. The registered office is Unit 2 6 Estate Way, Leyton, London, E10 7JW, ENGLAND.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
-
20,843
63,289
73,234
157,366
Additions
2,241,016
-
-
6,364
2,247,380
At 31 March 2024
2,241,016
20,843
63,289
79,598
2,404,746
At 1 April 2023
-
15,067
35,692
59,419
110,178
Charge for the year
-
2,011
4,593
3,060
9,664
At 31 March 2024
-
17,078
40,285
62,479
119,842
At 31 March 2024
2,241,016
3,765
23,004
17,119
2,284,904
At 31 March 2023
-
5,776
27,597
13,815
47,188
DARUSSALAM INTERNATIONAL PUBLICATIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
259,610
552,400
Other debtors
210,276
184,945
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,010,042
1,345,520
Taxes and social security
526
38,571
Other creditors
1,179,338
78,032
Loans from directors
174,094
151,192
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Average number of employees
During the year the average number of employees was 45 (2023: 26).