Ali Majeed Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06529496

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		-		387

			-		387
CURRENT ASSETS
Stocks	6	4,900		4,900
Debtors	7	1,882		-
Cash at bank and in hand		5,892		-

		12,674		4,900
Creditors: Amounts Falling Due Within One Year	8	(32,331 )		(33,665 )

NET CURRENT ASSETS (LIABILITIES)			(19,657 )		(28,765 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(19,657 )		(28,378 )

NET LIABILITIES			(19,657 )		(28,378 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(19,757 )		(28,478 )

SHAREHOLDERS' FUNDS			(19,657)		(28,378)

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Ali Majeed Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Mr A W Majeed

Director

05/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Ali Majeed Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06529496 . The registered office is 66 Ranmoor Road, Sheffield, S10 3HJ.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets relates to the website. It is amortised to profit and loss account over its estimated economic life of three years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	38,920

As at 31 March 2025	38,920

Amortisation
As at 1 April 2024	38,920

As at 31 March 2025	38,920

...CONTINUED

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Ali Majeed Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	1,554

As at 31 March 2025	1,554

Depreciation
As at 1 April 2024	1,167
Provided during the period	387

As at 31 March 2025	1,554

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	387

6. Stocks

	2025	2024
	£	£
Stock	4,900	4,900

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,882	-

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	-	3,896
Corporation tax	84	-
Accruals and deferred income	1,410	1,284
Director's loan account	30,837	28,485

	32,331	33,665

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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