Registration number:
Amal Youssef Beaini Limited
for the Year Ended 29 October 2024
Amal Youssef Beaini Limited
Contents
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Amal Youssef Beaini Limited
(Registration number: 08719892)
Balance Sheet as at 29 October 2024
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Note |
2024 |
2023 |
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Fixed assets |
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Intangible assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current (liabilities)/assets |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
2 |
2 |
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Profit and loss account |
13,651 |
5,466 |
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Total equity |
13,653 |
5,468 |
For the financial year ending 29 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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......................................... |
Amal Youssef Beaini Limited
Notes to the Unaudited Financial Statements for the Year Ended 29 October 2024
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Motor vehicles |
20% on reducing balance |
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
Amal Youssef Beaini Limited
Notes to the Unaudited Financial Statements for the Year Ended 29 October 2024
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Tangible assets |
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Motor vehicles |
Total |
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Cost or valuation |
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At 30 October 2023 |
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At 29 October 2024 |
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Depreciation |
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At 30 October 2023 |
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Charge for the year |
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At 29 October 2024 |
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Carrying amount |
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At 29 October 2024 |
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At 29 October 2023 |
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Debtors |
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Current |
2024 |
2023 |
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Trade debtors |
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Other debtors |
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Amal Youssef Beaini Limited
Notes to the Unaudited Financial Statements for the Year Ended 29 October 2024
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Creditors |
Creditors: amounts falling due within one year
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Note |
2024 |
2023 |
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Due within one year |
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Hire purchase and overdrafts |
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Accruals and deferred income |
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Other creditors |
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Creditors |
Creditors: amounts falling due after more than one year
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Note |
2024 |
2023 |
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Due after one year |
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Hire purchase and loans |
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