4 August 2023 false No description of principal activity Taxfiler 2024.6 15049834business:PrivateLimitedCompanyLtd2023-08-042024-08-31 150498342023-08-03 150498342023-08-042024-08-31 15049834business:AuditExemptWithAccountantsReport2023-08-042024-08-31 15049834business:FilletedAccounts2023-08-042024-08-31 150498342024-08-31 15049834business:Director12023-08-042024-08-31 15049834business:Director22023-08-042024-08-31 15049834business:CompanySecretary12023-08-042024-08-31 15049834business:RegisteredOffice2023-08-042024-08-31 15049834core:WithinOneYear2024-08-31 15049834core:AfterOneYear2024-08-31 15049834core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 15049834core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 15049834core:PreviouslyStatedAmount2024-08-31 15049834business:SmallEntities2023-08-042024-08-31 15049834countries:EnglandWales2023-08-042024-08-31 15049834core:FurnitureFittings2023-08-042024-08-31 15049834core:IntangibleAssetsOtherThanGoodwill2023-08-03 15049834core:IntangibleAssetsOtherThanGoodwill2023-08-042024-08-31 15049834core:IntangibleAssetsOtherThanGoodwill2024-08-31 15049834core:FurnitureFittings2023-08-03 15049834core:FurnitureFittings2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 15049834 (England and Wales)
SAEED BROTHERS LTD Unaudited accounts for the period from 4 August 2023 to 31 August 2024
SAEED BROTHERS LTD Unaudited accounts Contents
Page
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SAEED BROTHERS LTD Company Information for the period from 4 August 2023 to 31 August 2024
Directors
Zhahid SAEED Qasam SAEED
Secretary
Qasam SAEED
Company Number
15049834 (England and Wales)
Registered Office
105 HAWTHORN ROAD KINGSTANDING BIRMINGHAM B44 8QT ENGLAND
Accountants
Prime Accountax Ltd 1 Southacre Avenue Edgbaston Birmingham West Midlands B5 7DF
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SAEED BROTHERS LTD Statement of financial position as at 31 August 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
5,000 
Tangible assets
51,273 
56,273 
Current assets
Inventories
6,580 
Cash at bank and in hand
6,317 
12,897 
Creditors: amounts falling due within one year
(17,958)
Net current liabilities
(5,061)
Total assets less current liabilities
51,212 
Creditors: amounts falling due after more than one year
(113,759)
Net liabilities
(62,547)
Capital and reserves
Called up share capital
6 
Profit and loss account
(62,553)
Shareholders' funds
(62,547)
For the period ending 31 August 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 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 11 April 2025 and were signed on its behalf by
Zhahid SAEED Director Company Registration No. 15049834
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SAEED BROTHERS LTD Notes to the Accounts for the period from 4 August 2023 to 31 August 2024
1
Statutory information
SAEED BROTHERS LTD is a private company, limited by shares, registered in England and Wales, registration number 15049834. The registered office is 105 HAWTHORN ROAD, KINGSTANDING, BIRMINGHAM, B44 8QT, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Fixtures & fittings
20% reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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SAEED BROTHERS LTD Notes to the Accounts for the period from 4 August 2023 to 31 August 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 4 August 2023
- 
Additions
5,000 
At 31 August 2024
5,000 
Amortisation
At 4 August 2023
- 
At 31 August 2024
- 
Net book value
At 31 August 2024
5,000 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 4 August 2023
- 
Additions
64,091 
At 31 August 2024
64,091 
Depreciation
Charge for the period
12,818 
At 31 August 2024
12,818 
Net book value
At 31 August 2024
51,273 
6
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
12,588 
VAT
1,482 
Taxes and social security
270 
Accruals
3,618 
17,958 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
30,971 
Loans from directors
82,788 
113,759 
8
Average number of employees
During the period the average number of employees was 7.
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