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Company Registration Number:
14303284 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

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Contents of the Financial Statements

for the Period Ended 31 August 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

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Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 900,600 350,200
Cost of sales: ( 790,900 ) ( 297,900 )
Gross profit(or loss): 109,700 52,300
Administrative expenses: ( 41,400 ) ( 39,288 )
Operating profit(or loss): 68,300 13,012
Profit(or loss) before tax: 68,300 13,012
Tax: ( 12,977 ) ( 2,472 )
Profit(or loss) for the financial year: 55,323 10,540

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Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 6,000 5,000
Tangible assets: 4 15,000 15,000
Total fixed assets: 21,000 20,000
Current assets
Stocks: 5 150,000 100,000
Debtors: 6 300 0
Cash at bank and in hand: 48,000 45,000
Total current assets: 198,300 145,000
Creditors: amounts falling due within one year: 7 ( 90,000 ) ( 80,000 )
Net current assets (liabilities): 108,300 65,000
Total assets less current liabilities: 129,300 85,000
Creditors: amounts falling due after more than one year: 8 ( 73,976 ) ( 74,459 )
Total net assets (liabilities): 55,324 10,541
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 55,323 10,540
Total Shareholders' funds: 55,324 10,541

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 September 2024
and signed on behalf of the board by:

Name: Mr Omar Qureshi
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

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Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 1

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Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 September 2023 4,000 2,500 6,500
Additions 1,500 1,000 2,500
Disposals ( 500 ) ( 250 ) ( 750 )
Revaluations
Transfers
At 31 August 2024 5,000 3,250 8,250
Amortisation
At 1 September 2023 200 1,300 1,500
Charge for year 100 650 750
On disposals
Other adjustments
At 31 August 2024 300 1,950 2,250
Net book value
At 31 August 2024 4,700 1,300 6,000
At 31 August 2023 3,800 1,200 5,000

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Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 18,000 2,000 1,500 500 6,500 28,500
Additions 9,000 1,500 700 300 4,000 15,500
Disposals ( 5,000 ) ( 1,000 ) ( 500 ) ( 200 ) ( 3,000 ) ( 9,700 )
Revaluations
Transfers
At 31 August 2024 22,000 2,500 1,700 600 7,500 34,300
Depreciation
At 1 September 2023 5,000 2,000 1,000 500 5,000 13,500
Charge for year 2,700 500 500 100 2,000 5,800
On disposals
Other adjustments
At 31 August 2024 7,700 2,500 1,500 600 7,000 19,300
Net book value
At 31 August 2024 14,300 0 200 0 500 15,000
At 31 August 2023 13,000 0 500 0 1,500 15,000

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Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Stocks

2024 2023
£ £
Stocks 150,000 100,000
Total 150,000 100,000

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Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Debtors

2024 2023
£ £
Other debtors 300 0
Total 300 0

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Notes to the Financial Statements

for the Period Ended 31 August 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 90,000 80,000
Total 90,000 80,000

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Notes to the Financial Statements

for the Period Ended 31 August 2024

8. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 73,976 74,459
Total 73,976 74,459