Company Registration No. 11152337 (England and Wales)
KHALEEJ TRADING COMPANY LIMITED
Unaudited accounts
for the year ended 31 January 2025
KHALEEJ TRADING COMPANY LIMITED
Unaudited accounts
Contents
KHALEEJ TRADING COMPANY LIMITED
Company Information
for the year ended 31 January 2025
Directors
Irslan Munir BHUTTA
Muhammad Shoaib AKRAM
Company Number
11152337 (England and Wales)
Registered Office
163a St. Chads Road
Tilbury
RM18 8NL
England
Accountants
BNE BOOKKEEPERS LTD
Incubation Centre, Enterprise Hub
De Haviland Campus
Hatfield
Hertforsdhire
AL10 9EU
KHALEEJ TRADING COMPANY LIMITED
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
21,075
14,287
Creditors: amounts falling due within one year
(11,088)
(6,243)
Net current assets
72,934
82,682
Total assets less current liabilities
72,934
82,682
Creditors: amounts falling due after more than one year
(65,164)
(77,714)
Called up share capital
200
200
Profit and loss account
7,570
4,768
Shareholders' funds
7,770
4,968
For the year ending 31 January 2025 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 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 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 of Directors and authorised for issue on 10 February 2025 and were signed on its behalf by
Irslan Munir BHUTTA
Director
Company Registration No. 11152337
KHALEEJ TRADING COMPANY LIMITED
Notes to the Accounts
for the year ended 31 January 2025
KHALEEJ TRADING COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11152337. The registered office is 163a St. Chads Road, Tilbury, RM18 8NL, 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.
These financial statements for the year ended 31 January 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
657
260
5
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
65,164
77,714
Mr Irslan Munir Bhutta & Muhammad Shoaib Akram has jointly invested £65,164 in the form of Unsecured Director's Loan which is subordinated in favour of the third party creditors of the company.
6
Average number of employees
During the year the average number of employees was 5 (2024: 3).