Registered number
06007970
AL- Muraddiy (Birmingham) Ltd
Filleted Accounts
30 June 2024
AL- Muraddiy (Birmingham) Ltd
Registered number: 06007970
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 5,063 6,752
Current assets
Stocks 173,315 197,695
Debtors 4 163,840 160,163
Cash at bank and in hand 5,473 7,495
342,628 365,353
Creditors: amounts falling due within one year 5 (285,482) (283,579)
Net current assets 57,146 81,774
Total assets less current liabilities 62,209 88,526
Creditors: amounts falling due after more than one year 6 (20,614) (29,782)
Net assets 41,596 58,744
Capital and reserves
Called up share capital 100 100
Profit and loss account 41,496 58,643
Shareholders' funds 41,596 58,744
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Seedat
Director
Approved by the board on 20 March 2025
AL- Muraddiy (Birmingham) Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 July 2023 14,068 26,915 40,983
At 30 June 2024 14,068 26,915 40,983
Depreciation
At 1 July 2023 10,045 24,186 34,231
Charge for the year 1,007 682 1,689
At 30 June 2024 11,052 24,868 35,920
Net book value
At 30 June 2024 3,016 2,047 5,063
At 30 June 2023 4,023 2,729 6,752
4 Debtors 2024 2023
£ £
Other debtors 163,840 160,163
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 168,512 178,886
Taxation and social security costs 21,137 15,334
Other creditors 95,833 89,359
285,482 283,579
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 20,614 29,781
Other creditors - 1
20,614 29,782
7 Other information
AL- Muraddiy (Birmingham) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
411 Moseley Road
Birmingham
B12 9BY
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