Acorah Software Products - Accounts Production 16.3.350 false true true 31 May 2023 24 May 2022 false 1 June 2023 31 May 2024 31 May 2024 14128982 Khalid Abdulaziz Nafjan Mahmood Husan Patel FP Holding Group Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14128982 2023-05-31 14128982 2024-05-31 14128982 2023-06-01 2024-05-31 14128982 frs-core:CurrentFinancialInstruments 2024-05-31 14128982 frs-core:ShareCapital 2024-05-31 14128982 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14128982 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14128982 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 14128982 frs-bus:SmallEntities 2023-06-01 2024-05-31 14128982 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14128982 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14128982 1 2023-06-01 2024-05-31 14128982 frs-bus:Director1 2023-06-01 2024-05-31 14128982 frs-bus:Director2 2023-06-01 2024-05-31 14128982 frs-countries:EnglandWales 2023-06-01 2024-05-31 14128982 2022-05-23 14128982 2023-05-31 14128982 2022-05-24 2023-05-31 14128982 frs-core:CurrentFinancialInstruments 2023-05-31 14128982 frs-core:ShareCapital 2023-05-31 14128982 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 14128982
Dar El Meemar Holding Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14128982
31 May 2024 31 May 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 6,028 4,794
Cash at bank and in hand 560 12,638
6,588 17,432
Creditors: Amounts Falling Due Within One Year 5 (264,734 ) (116,719 )
NET CURRENT ASSETS (LIABILITIES) (258,146 ) (99,287 )
TOTAL ASSETS LESS CURRENT LIABILITIES (258,146 ) (99,287 )
NET LIABILITIES (258,146 ) (99,287 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (258,246 ) (99,387 )
SHAREHOLDERS' FUNDS (258,146) (99,287)
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For the year ending 31 May 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.
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
Khalid Abdulaziz Nafjan
Director
25 June 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Dar El Meemar Holding Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14128982 . The registered office is 30 Churchill Place, London, E14 5RE.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.
2.3. Turnover
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Income from investment properties
Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.
Service charge income is recognised as revenue in the period to which it relates.
Sale of trading properties
Turnover from the sale of trading properties is recognised in the income statement when the significant risks and rewards of ownership have been transferred to the buyer, which is usually at the completion.
Sale of goods
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of the goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Rendering of services
Revenue 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.
Interest income
Revenue is recognised as interest accrues using the effective interest method.
Dividends income
Revenue is recognised when the right to receive payment is established.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
31 May 2024 31 May 2023
£ £
Due within one year
Trade debtors 6,028 -
VAT - 4,794
6,028 4,794
5. Creditors: Amounts Falling Due Within One Year
31 May 2024 31 May 2023
£ £
Other taxes and social security 5,468 2,265
VAT 6 -
Net wages 9,390 7,445
Other creditors 6,661 11,987
Directors' loan accounts 51,392 95,022
Amounts owed to related parties 191,817 -
264,734 116,719
6. Share Capital
31 May 2024 31 May 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
Included in creditors due within one year is an amount of £51,392 (2023 :£ 95,022 ) owed to its directors. The amount is interest free and repayable on demand.
Included in creditors due within one year is an amount of 191,817 (2023 : £0) owed to the related party that holds beneficial interest in the company. The amount is interest free and repayable on demand. 
8. Ultimate Controlling Party
The company's ultimate controlling party is FP Holding Group Limited by virtue of the ownership of 100% of the issued share capital in the company.
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