ALI ACCOUNTANCY LTD

Company Registration Number:
08869023 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

ALI ACCOUNTANCY LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ALI ACCOUNTANCY LTD

Company Information

for the Period Ended 31 January 2024




Director: SHAID ALI
Registered office: 5
Oldfield Road
Bedford
MK40 4HD
Company Registration Number: 08869023 (England and Wales)

ALI ACCOUNTANCY LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

The company's principal activity during the period was to provide Accounting and Administrative services

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
SHAID ALI

This report was approved by the board of directors on 1 April 2024
And Signed On Behalf Of The Board By:

Name: SHAID ALI
Status: Director

ALI ACCOUNTANCY LTD

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 4,500 4,500
Cost of sales ( 1,550 ) ( 1,550 )
Gross Profit or (Loss) 2,950 2,950
Distribution Costs ( 1,575 ) ( 1,575 )
Administrative Expenses ( 1,375 ) ( 1,375 )
Operating Profit or (Loss) 0 0
Profit or (Loss) Before Tax 0 0
Profit or (Loss) for Period 0 0

The notes form part of these financial statements

ALI ACCOUNTANCY LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 300 0
Total fixed assets: 300 0
Current assets
Debtors: 5 2,210 2,210
Total current assets: 2,210 2,210
Net current assets (liabilities): 2,210 2,210
Total assets less current liabilities: 2,510 2,210
Total net assets (liabilities): 2,510 2,210

The notes form part of these financial statements

ALI ACCOUNTANCY LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2,510 2,210
Profit and loss account: 0
Shareholders funds: 2,510 2,210

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 April 2024
And Signed On Behalf Of The Board By:

Name: SHAID ALI
Status: Director

The notes form part of these financial statements

ALI ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover compromises of Accounting charges for the services supplied by the company, net of VAT and trade discount

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than any freehold land, are stated at cost or valuation less depreciation and any provision for impairment.
    Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over
    their expected useful lives on the following basis: Computer Equipment £300 Straight line Motor Vehicles £3680 Straight line No
    depreciation is provided on the company's freehold properties since in the opinion of the directors the expected useful lives are
    sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors
    undertake an annual impairment review of these properties

    Valuation information and policy

    Operating lease rentals Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
    Other accounting policies

    Other accounting policies

    Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads

ALI ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

ALI ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

ALI ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2023 1,200 1,200
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 1,200 1,200
Depreciation
At 01 February 2023 1,200 1,200
Charge for year - -
On disposals ( 300 ) ( 300 )
Other adjustments - -
At 31 January 2024 900 900
Net book value
At 31 January 2024 300 300
At 31 January 2023 0 0

ALI ACCOUNTANCY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors


2024
£

2023
£
Trade debtors 2,210 2,210
Total 2,210 2,210