Company Registration No. 12080714 (England and Wales)
Ahsan Optical Ltd
Unaudited accounts
for the year ended 31 July 2024
Ahsan Optical Ltd
Unaudited accounts
Contents
Ahsan Optical Ltd
Company Information
for the year ended 31 July 2024
Directors
Ahsan Ahmed
Saima Hussain
Company Number
12080714 (England and Wales)
Registered Office
SUITE 13 29 LEE LANE
HORWICH
BOLTON
BL6 7AX
ENGLAND
Ahsan Optical Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
65,333
24,501
Cash at bank and in hand
373,753
375,291
Creditors: amounts falling due within one year
(346,098)
(88,053)
Net current assets
682,060
357,560
Total assets less current liabilities
747,393
382,061
Creditors: amounts falling due after more than one year
(218,480)
-
Net assets
528,913
382,061
Called up share capital
100
100
Capital contribution reserve
(18,340)
(18,340)
Profit and loss account
547,153
400,301
Shareholders' funds
528,913
382,061
For the year ending 31 July 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 29 April 2025 and were signed on its behalf by
Ahsan Ahmed
Director
Company Registration No. 12080714
Ahsan Optical Ltd
Notes to the Accounts
for the year ended 31 July 2024
Ahsan Optical Ltd is a private company, limited by shares, registered in England and Wales, registration number 12080714. The registered office is SUITE 13 29 LEE LANE, HORWICH, BOLTON, BL6 7AX, 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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2023
-
31,574
31,574
Additions
32,189
22,964
55,153
At 31 July 2024
32,189
54,538
86,727
At 1 August 2023
-
7,073
7,073
Charge for the year
4,828
9,493
14,321
At 31 July 2024
4,828
16,566
21,394
At 31 July 2024
27,361
37,972
65,333
At 31 July 2023
-
24,501
24,501
Amounts falling due within one year
Trade debtors
58,425
57,177
Amounts due from group undertakings etc.
540,174
-
Ahsan Optical Ltd
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
19,638
11,892
Taxes and social security
63,224
80,492
Loans from directors
5,309
(4,881)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).