IRIS Accounts Production v25.1.4.42 12270829 Board of Directors 1.11.23 31.10.24 31.10.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122708292023-10-31122708292024-10-31122708292023-11-012024-10-31122708292022-10-31122708292022-11-012023-10-31122708292023-10-3112270829ns15:EnglandWales2023-11-012024-10-3112270829ns14:PoundSterling2023-11-012024-10-3112270829ns10:Director12023-11-012024-10-3112270829ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3112270829ns10:SmallEntities2023-11-012024-10-3112270829ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3112270829ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3112270829ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3112270829ns10:FullAccounts2023-11-012024-10-3112270829ns10:Director22023-11-012024-10-3112270829ns10:RegisteredOffice2023-11-012024-10-3112270829ns5:CurrentFinancialInstruments2024-10-3112270829ns5:CurrentFinancialInstruments2023-10-3112270829ns5:Non-currentFinancialInstruments2024-10-3112270829ns5:Non-currentFinancialInstruments2023-10-3112270829ns5:ShareCapital2024-10-3112270829ns5:ShareCapital2023-10-3112270829ns5:RetainedEarningsAccumulatedLosses2024-10-3112270829ns5:RetainedEarningsAccumulatedLosses2023-10-3112270829ns5:FurnitureFittings2023-11-012024-10-3112270829ns5:ComputerEquipment2023-11-012024-10-3112270829ns5:FurnitureFittings2023-10-3112270829ns5:ComputerEquipment2023-10-3112270829ns5:FurnitureFittings2024-10-3112270829ns5:ComputerEquipment2024-10-3112270829ns5:FurnitureFittings2023-10-3112270829ns5:ComputerEquipment2023-10-3112270829ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3112270829ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3112270829ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-10-3112270829ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-10-31
REGISTERED NUMBER: 12270829 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

FATIMA SONS LTD

FATIMA SONS LTD (REGISTERED NUMBER: 12270829)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FATIMA SONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: R I Siddique
Mrs F F Siddique





REGISTERED OFFICE: 72 Wren Road
Dagenham
RM9 5YD





REGISTERED NUMBER: 12270829 (England and Wales)





ACCOUNTANTS: Ashfords Partnership LLP
114 - 116 Goodmayes Road
Ilford
Essex
IG3 9UZ

FATIMA SONS LTD (REGISTERED NUMBER: 12270829)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,016 1,247
Investment property 5 425,308 386,678
426,324 387,925

CURRENT ASSETS
Debtors 6 1,200 1,200
Cash at bank and in hand 212 828
1,412 2,028
CREDITORS
Amounts falling due within one year 7 78,822 84,210
NET CURRENT LIABILITIES (77,410 ) (82,182 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

348,914

305,743

CREDITORS
Amounts falling due after more than one year 8 346,195 296,890
NET ASSETS 2,719 8,853

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,717 8,851
SHAREHOLDERS' FUNDS 2,719 8,853

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

FATIMA SONS LTD (REGISTERED NUMBER: 12270829)

BALANCE SHEET - continued
31 OCTOBER 2024


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 26 June 2025 and were signed on its behalf by:





R I Siddique - Director


FATIMA SONS LTD (REGISTERED NUMBER: 12270829)

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


1. STATUTORY INFORMATION

Fatima Sons Ltd 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.

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.

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

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 NIL (2023 - NIL).

FATIMA SONS LTD (REGISTERED NUMBER: 12270829)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2023 1,804 658 2,462
Additions 107 - 107
At 31 October 2024 1,911 658 2,569
DEPRECIATION
At 1 November 2023 1,050 165 1,215
Charge for year 215 123 338
At 31 October 2024 1,265 288 1,553
NET BOOK VALUE
At 31 October 2024 646 370 1,016
At 31 October 2023 754 493 1,247

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 386,678
Additions 38,630
At 31 October 2024 425,308
NET BOOK VALUE
At 31 October 2024 425,308
At 31 October 2023 386,678

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other debtors 1,200 1,200

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Taxation and social security - 313
Other creditors 78,822 83,897
78,822 84,210

FATIMA SONS LTD (REGISTERED NUMBER: 12270829)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 220,995 220,995
Other creditors 125,200 75,895
346,195 296,890

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 220,995 220,995

9. ULTIMATE CONTROLLING PARTY

During the year ended 31st October 2024, the company was Jointly controlled by the directors by virtue of their equal shareholding.