Company Registration No. 12214349 (England and Wales)
FAZLANI TRADING LTD
Unaudited accounts
for the year ended 30 September 2024
FAZLANI TRADING LTD
Unaudited accounts
Contents
FAZLANI TRADING LTD
Company Information
for the year ended 30 September 2024
Director
Nadeem Mohammed Yunus FAZLANI
Company Number
12214349 (England and Wales)
Registered Office
344-348 HIGH ROAD
ILFORD
IG1 1QP
ENGLAND
Accountants
C & Y Associates LTD
344-348 High Road
Ilford
Essex
IG1 1QP
FAZLANI TRADING LTD
Statement of financial position
as at 30 September 2024
Tangible assets
1,068
1,303
Inventories
426,475
330,975
Cash at bank and in hand
1,243
7,541
Creditors: amounts falling due within one year
(818,612)
(573,305)
Net current liabilities
(390,622)
(234,517)
Net liabilities
(389,554)
(233,214)
Called up share capital
100
100
Profit and loss account
(389,654)
(233,314)
Shareholders' funds
(389,554)
(233,214)
For the year ending 30 September 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 January 2025 and were signed on its behalf by
Nadeem Mohammed Yunus FAZLANI
Director
Company Registration No. 12214349
FAZLANI TRADING LTD
Notes to the Accounts
for the year ended 30 September 2024
FAZLANI TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 12214349. The registered office is 344-348 HIGH ROAD, ILFORD, IG1 1QP, 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
18% on reducing balance method
Fixtures & fittings
18% on reducing balance method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2023
458
1,130
1,588
At 30 September 2024
458
1,130
1,588
At 1 October 2023
82
203
285
Charge for the year
68
167
235
At 30 September 2024
150
370
520
At 30 September 2024
308
760
1,068
At 30 September 2023
376
927
1,303
Amounts falling due within one year
FAZLANI TRADING LTD
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
263
(16,540)
Loans from directors
812,667
577,667
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).