Company Registration No. 11244687 (England and Wales)
SMK MALIK LIMITED
Unaudited accounts
for the year ended 31 March 2024
SMK MALIK LIMITED
Statement of financial position
as at 31 March 2024
Inventories
207,272
185,246
Cash at bank and in hand
12,452
16,530
Creditors: amounts falling due within one year
(67,984)
(15,819)
Net current assets
162,262
196,477
Total assets less current liabilities
162,262
196,477
Creditors: amounts falling due after more than one year
(142,245)
(149,815)
Called up share capital
1
1
Profit and loss account
20,016
46,661
Shareholders' funds
20,017
46,662
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 30 November 2024 and were signed on its behalf by
Sohail Malik
Director
Company Registration No. 11244687
SMK MALIK LIMITED
Notes to the Accounts
for the year ended 31 March 2024
SMK MALIK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11244687. The registered office is THE ICE PALACE UNIT 10, WOOLLEY STREET, MANCHESTER, M8 8HF, 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.
Amounts falling due within one year
Trade debtors
10,522
10,520
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
54,901
5,246
Taxes and social security
3,685
7,041
6
Creditors: amounts falling due after more than one year
2024
2023
Trade creditors
101,248
104,995
7
Average number of employees
During the year the average number of employees was 5 (2023: 3).