REGISTERED NUMBER: 07783530 (England and Wales)

Financial Statements for the Year Ended 30th November 2024

for

Almo Bulders (Uk) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A YAKOOB

SECRETARY:

REGISTERED OFFICE:

253 The Broadway

Perry Barr

Birmingham

West Midlands

B20 3EU

REGISTERED NUMBER:

07783530 (England and Wales)

ACCOUNTANT:

A K & Co Accountants

732 Walsall Road

Great Barr

Birmingham

West Midlands

B42 1EX

BANKERS:

Lloyds TSB

Great Hampton Street

Hockley

Birmingham

West Midlands

FIXED ASSETS

Property, plant and equipment

4

4,787

14,761

CURRENT ASSETS

Inventories

5

445,778

380,778

Debtors

6

2,750

1,545

Cash in hand

1,577

7

450,105

382,330

CREDITORS

Amounts falling due within one year

7

307,051

263,354

NET CURRENT ASSETS

143,054

118,976

TOTAL ASSETS LESS CURRENT LIABILITIES

147,841

133,737

CREDITORS

Amounts falling due after more than one year

8

13,666

23,110

NET ASSETS

134,175

110,627

CAPITAL AND RESERVES

Called up share capital

1

100

Retained earnings

134,174

110,527

SHAREHOLDERS' FUNDS

134,175

110,627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st August 2025 and were signed by:

T Hussain - Director

1.	STATUTORY INFORMATION

Almo Bulders (Uk) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery 15% pa on reducing balance

Motor vehicles 25% pa on reducing blanace

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1st December 2023

and 30th November 2024

11,900

86,897

98,797

DEPRECIATION

At 1st December 2023

5,809

78,227

84,036

Charge for year

1,305

8,669

9,974

At 30th November 2024

7,114

86,896

94,010

NET BOOK VALUE

At 30th November 2024

4,786

1

4,787

At 30th November 2023

6,091

8,670

14,761

5.	INVENTORIES

30.11.24

30.11.23

£

£

Stocks

445,778

380,778

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade debtors

2,750

1,545

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans and overdrafts

33,669

33,203

Trade creditors

88,526

128,449

Tax

31,228

9,365

Social security and other taxes

72,614

18,811

Other creditors

55,766

63,278

Directors' current accounts

22,998

7,998

Accrued expenses

2,250

2,250

307,051

263,354

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Bounce back business loan

13,666

23,110