Company Registration No. 11611069 (England and Wales)
Ali and Chap Ltd
Filleted accounts
for the year ended 31 October 2024
Ali and Chap Ltd
Filleted accounts
Contents
Ali and Chap Ltd
Company Information
for the year ended 31 October 2024
Directors
Dr Alison Corah
Andrew Samuel Corah
Company Number
11611069 (England and Wales)
Registered Office
113 Scalford Road
Melton Mowbray
LE13 1JZ
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Ali and Chap Ltd
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
28,038
50,932
Creditors: amounts falling due within one year
(1,061)
(7,427)
Net current assets
26,977
43,505
Called up share capital
100
100
Profit and loss account
46,085
43,405
Shareholders' funds
46,185
43,505
For the year ending 31 October 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 12 July 2025 and were signed on its behalf by
Dr Alison Corah
Director
Company Registration No. 11611069
Ali and Chap Ltd
Notes to the Accounts
for the year ended 31 October 2024
Ali and Chap Ltd is a private company, limited by shares, registered in England and Wales, registration number 11611069. The registered office is 113 Scalford Road, Melton Mowbray, LE13 1JZ.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Ali and Chap Ltd
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
-
2,587
2,587
At 31 October 2024
25,610
2,587
28,197
At 1 November 2023
-
2,587
2,587
Charge for the year
6,402
-
6,402
At 31 October 2024
6,402
2,587
8,989
At 31 October 2024
19,208
-
19,208
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
6,366
Allotted, called up and fully paid:
50 Ordinary shares A of £1 each
50
50
50 Ordinary shares B of £1 each
50
50
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).