Company Registration No. 07083930 (England and Wales)
INSHALLAH MEDS LTD
Unaudited accounts
for the year ended 30 September 2024
INSHALLAH MEDS LTD
Unaudited accounts
Contents
INSHALLAH MEDS LTD
Company Information
for the year ended 30 September 2024
Directors
Ijaz Mahmood Khan
Zahid Parvez Kadri
Company Number
07083930 (England and Wales)
Registered Office
Former Windmill Gym
Ebenezer Place
Bradford
West Yorkshire
BD7 3DZ
England
INSHALLAH MEDS LTD
Statement of financial position
as at 30 September 2024
Intangible assets
625,092
744,010
Tangible assets
208,301
221,521
Inventories
115,050
145,400
Cash at bank and in hand
167,823
154,766
Creditors: amounts falling due within one year
(684,175)
(715,177)
Net current liabilities
(69,979)
(150,786)
Total assets less current liabilities
763,414
814,745
Creditors: amounts falling due after more than one year
(623,561)
(807,387)
Called up share capital
100
100
Profit and loss account
139,753
7,258
Shareholders' funds
139,853
7,358
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 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 23 May 2025 and were signed on its behalf by
Ijaz Mahmood Khan
Director
Company Registration No. 07083930
INSHALLAH MEDS LTD
Notes to the Accounts
for the year ended 30 September 2024
INSHALLAH MEDS LTD is a private company, limited by shares, registered in England and Wales, registration number 07083930. The registered office is Former Windmill Gym, Ebenezer Place, Bradford, West Yorkshire, BD7 3DZ, 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.
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:
Plant & machinery
20% written down value
Motor vehicles
20% written down value
Fixtures & fittings
20% written down vlaue
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 October 2023
2,942,897
At 30 September 2024
2,942,897
At 1 October 2023
2,198,887
Charge for the year
118,918
At 30 September 2024
2,317,805
At 30 September 2024
625,092
At 30 September 2023
744,010
INSHALLAH MEDS LTD
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 October 2023
104,104
215,383
7,200
144,212
52,734
523,633
Additions
-
-
19,412
-
-
19,412
At 30 September 2024
104,104
215,383
26,612
144,212
52,734
543,045
At 1 October 2023
-
120,857
7,200
130,806
43,249
302,112
Charge for the year
-
23,012
3,882
3,841
1,897
32,632
At 30 September 2024
-
143,869
11,082
134,647
45,146
334,744
At 30 September 2024
104,104
71,514
15,530
9,565
7,588
208,301
At 30 September 2023
104,104
94,526
-
13,406
9,485
221,521
Amounts falling due within one year
Trade debtors
298,105
238,490
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
150,000
150,000
Trade creditors
385,797
316,862
Taxes and social security
48,186
56,264
Loans from directors
94,040
165,217
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
623,561
807,387
9
Capital commitments
2024
2023
As at 30th September 2020 the company has capital commitments of £289680.00 (30th September 2019 £313400.00)
10
Average number of employees
During the year the average number of employees was 28 (2023: 28).