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REGISTERED NUMBER: 08597088 (England and Wales)










DR AL-SARRAJ LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






DR AL-SARRAJ LIMITED (REGISTERED NUMBER: 08597088)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DR AL-SARRAJ LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Prof S Al-Sarraj OBE
Dr H Kalaf





REGISTERED OFFICE: 1st Floor
Cash's Business Centre
228 Widdrington Road
Coventry
West Midlands
CV1 4PB





REGISTERED NUMBER: 08597088 (England and Wales)





ACCOUNTANTS: Shah & Co (Accountants) Ltd
Chartered Certified Accountants
Cash's Business Centre
1st Floor
228 Widdrington Road
Coventry
West Midlands
CV1 4PB

DR AL-SARRAJ LIMITED (REGISTERED NUMBER: 08597088)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,231 1,845
Investment property 5 1,022,137 1,022,137
1,023,368 1,023,982

CURRENT ASSETS
Debtors 6 500 500
Cash at bank 869,360 688,685
869,860 689,185
CREDITORS
Amounts falling due within one year 7 (50,630 ) (16,075 )
NET CURRENT ASSETS 819,230 673,110
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,842,598

1,697,092

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,842,498 1,696,992
SHAREHOLDERS' FUNDS 1,842,598 1,697,092

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 17 April 2025 and were signed on its behalf by:



Prof S Al-Sarraj OBE - Director


DR AL-SARRAJ LIMITED (REGISTERED NUMBER: 08597088)

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

1. STATUTORY INFORMATION

Dr Al-Sarraj 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

DR AL-SARRAJ LIMITED (REGISTERED NUMBER: 08597088)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2023
and 31 July 2024 4,167
DEPRECIATION
At 1 August 2023 2,322
Charge for year 614
At 31 July 2024 2,936
NET BOOK VALUE
At 31 July 2024 1,231
At 31 July 2023 1,845

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 1,022,137
NET BOOK VALUE
At 31 July 2024 1,022,137
At 31 July 2023 1,022,137

The fair value of the investment property has been arrived at on the basis of a valuation carried out by Management. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 500 500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Taxation and social security 48,785 15,230
Other creditors 1,845 845
50,630 16,075

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £1 100 100

DR AL-SARRAJ LIMITED (REGISTERED NUMBER: 08597088)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within the other creditors, the amount owed to the director is £ 1,005 (2023: £ 5). The loans are interest free and with no fixed date of repayment.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2023 - £4,000) were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

The controlling party is Prof S Al-Sarraj OBE.