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REGISTERED NUMBER: 07545656 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

AUMKAR SWEETS & SAVOURIES LIMITED

AUMKAR SWEETS & SAVOURIES LIMITED (REGISTERED NUMBER: 07545656)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AUMKAR SWEETS & SAVOURIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: R Patel
Mrs K R Patel





REGISTERED OFFICE: 7 St. John's Road
Harrow
Middlesex
HA1 2EY





REGISTERED NUMBER: 07545656 (England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

AUMKAR SWEETS & SAVOURIES LIMITED (REGISTERED NUMBER: 07545656)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 47,847 44,762

CURRENT ASSETS
Stocks 5 46,464 38,825
Debtors 6 49,612 63,580
Cash at bank and in hand 7,970 6,681
104,046 109,086
CREDITORS
Amounts falling due within one year 7 38,617 39,395
NET CURRENT ASSETS 65,429 69,691
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,276

114,453

CREDITORS
Amounts falling due after more than one year 8 11,658 21,644
NET ASSETS 101,618 92,809

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 101,518 92,709
SHAREHOLDERS' FUNDS 101,618 92,809

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:





R Patel - Director


AUMKAR SWEETS & SAVOURIES LIMITED (REGISTERED NUMBER: 07545656)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Aumkar Sweets & Savouries Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

AUMKAR SWEETS & SAVOURIES LIMITED (REGISTERED NUMBER: 07545656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023 67,337
Additions 11,200
At 31 March 2024 78,537
DEPRECIATION
At 1 April 2023 22,575
Charge for year 8,115
At 31 March 2024 30,690
NET BOOK VALUE
At 31 March 2024 47,847
At 31 March 2023 44,762

5. STOCKS
31.3.24 31.3.23
£    £   
Finished goods 46,464 38,825

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 2,854 16,858
Other debtors 45,000 45,000
Prepayments and accrued income 1,758 1,722
49,612 63,580

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,006 10,022
Trade creditors 527 7,569
Corporation Tax payable 3,676 2,177
Social security and other taxes 4,642 3,422
VAT 3,004 1,288
Other creditors 11,848 -
Director's current account 2,714 12,718
Accruals and deferred income 2,200 2,199
38,617 39,395

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 10,012 10,013
Bank Loans due after more than
5 years 1,646 11,631
11,658 21,644

AUMKAR SWEETS & SAVOURIES LIMITED (REGISTERED NUMBER: 07545656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank Loans due after more than
5 years 1,646 11,631
1,646 11,631

9. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed £2,714 (2023: £12,718) to the director of the company. There is no fixed repayment term for this loan.

During the year dividends of £NIL (2023: £6,000) were paid to the directors of the company.

10. CONTROLLING INTEREST

Mr. Rameshchandra Patel and Mrs. Kusumben Rameshchandra Patel who are the directors and shareholders of the company holding the controlling interest.