Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 05561330 Mr Jahangir Alam iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05561330 2023-09-30 05561330 2024-09-30 05561330 2023-10-01 2024-09-30 05561330 frs-core:CurrentFinancialInstruments 2024-09-30 05561330 frs-core:Non-currentFinancialInstruments 2024-09-30 05561330 frs-core:MotorVehicles 2024-09-30 05561330 frs-core:MotorVehicles 2023-10-01 2024-09-30 05561330 frs-core:MotorVehicles 2023-09-30 05561330 frs-core:PlantMachinery 2024-09-30 05561330 frs-core:PlantMachinery 2023-10-01 2024-09-30 05561330 frs-core:PlantMachinery 2023-09-30 05561330 frs-core:ShareCapital 2024-09-30 05561330 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 05561330 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05561330 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 05561330 frs-bus:SmallEntities 2023-10-01 2024-09-30 05561330 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05561330 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05561330 frs-bus:Director1 2023-10-01 2024-09-30 05561330 frs-countries:EnglandWales 2023-10-01 2024-09-30 05561330 2022-09-30 05561330 2023-09-30 05561330 2022-10-01 2023-09-30 05561330 frs-core:CurrentFinancialInstruments 2023-09-30 05561330 frs-core:Non-currentFinancialInstruments 2023-09-30 05561330 frs-core:ShareCapital 2023-09-30 05561330 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 05561330
Al-Amaan Export And Import Co. Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05561330
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 90,564 67,453
90,564 67,453
CURRENT ASSETS
Stocks 5 200,000 292,128
Debtors 6 673,797 507,824
Cash at bank and in hand 104 151,743
873,901 951,695
Creditors: Amounts Falling Due Within One Year 7 (237,491 ) (484,754 )
NET CURRENT ASSETS (LIABILITIES) 636,410 466,941
TOTAL ASSETS LESS CURRENT LIABILITIES 726,974 534,394
Creditors: Amounts Falling Due After More Than One Year 8 (557,190 ) (366,494 )
NET ASSETS 169,784 167,900
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 169,684 167,800
SHAREHOLDERS' FUNDS 169,784 167,900
Page 1
Page 2
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jahangir Alam
Director
19/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Al-Amaan Export And Import Co. Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05561330 . The registered office is 113 Romford Road, London, E15 4LY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Reducing balance method
Motor Vehicles 25% Reducing balance method
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 6)
9 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 October 2023 51,264 126,783 178,047
Additions 2,000 49,996 51,996
As at 30 September 2024 53,264 176,779 230,043
Depreciation
As at 1 October 2023 33,732 76,862 110,594
Provided during the period 3,906 24,979 28,885
As at 30 September 2024 37,638 101,841 139,479
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 September 2024 15,626 74,938 90,564
As at 1 October 2023 17,532 49,921 67,453
5. Stocks
2024 2023
£ £
Finished goods 200,000 292,128
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 645,373 484,011
Other debtors 20,000 20,000
VAT 8,424 3,813
673,797 507,824
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 146,500 238,509
Bank loans and overdrafts 26,455 -
Corporation tax 8,901 6,290
Other creditors 30,745 23,363
Accruals and deferred income 1,120 800
Director's loan account 23,770 215,792
237,491 484,754
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 557,190 366,494
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4