Company Registration No. 12724226 (England and Wales)
SIMURGH ART & TRADE LTD
Unaudited accounts
for the year ended 31 July 2024
SIMURGH ART & TRADE LTD
Unaudited accounts
Contents
SIMURGH ART & TRADE LTD
Company Information
for the year ended 31 July 2024
Director
Amir Arsalan Atighi Moghaddam
Company Number
12724226 (England and Wales)
Registered Office
164 WEST HENDON BROADWAY
LONDON
NW9 7AA
ENGLAND
Accountants
Yahya & Co Accountants Ltd
T/A Yahya Accountancy
164 West Hendon Broadway
London
NW9 7AA
SIMURGH ART & TRADE LTD
Statement of financial position
as at 31 July 2024
Tangible assets
6,758
1,912
Inventories
423,206
170,081
Cash at bank and in hand
963,448
355
Creditors: amounts falling due within one year
(646,616)
(119,444)
Net current assets
740,038
50,992
Profit and loss account
746,796
52,904
Shareholders' funds
746,796
52,904
For the year ending 31 July 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 17 April 2025 and were signed on its behalf by
Amir Arsalan Atighi Moghaddam
Director
Company Registration No. 12724226
SIMURGH ART & TRADE LTD
Notes to the Accounts
for the year ended 31 July 2024
SIMURGH ART & TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 12724226. The registered office is 164 WEST HENDON BROADWAY, LONDON, NW9 7AA, ENGLAND.
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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:
Computer equipment
18% Reducing Balance Method
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Tangible fixed assets
Computer equipment
SIMURGH ART & TRADE LTD
Notes to the Accounts
for the year ended 31 July 2024
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
1,367
Trade creditors
(913)
20,665
Taxes and social security
256,677
21,402
Other creditors
8,580
32,998
Loans from directors
181,409
29,338
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Average number of employees
During the year the average number of employees was 1 (2023: 1).