REGISTERED NUMBER: 10526095 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Usmanhussaineye Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr S S Haque Hussain

Dr U Hussain

REGISTERED OFFICE:

20-22 Wenlock Road

London

N1 7GU

REGISTERED NUMBER:

10526095 (England and Wales)

ACCOUNTANTS:

Aviait Services Ltd

45 Henley Road

Norwich

NR2 3NL

FIXED ASSETS

Tangible assets

4

9,805

9,285

Investments

5

75,015

75,015

84,820

84,300

CURRENT ASSETS

Debtors

6

4,265

13,398

Cash at bank

36,669

68,614

40,934

82,012

CREDITORS

Amounts falling due within one year

7

16,073

18,973

NET CURRENT ASSETS

24,861

63,039

TOTAL ASSETS LESS CURRENT LIABILITIES

109,681

147,339

PROVISIONS FOR LIABILITIES

2,451

1,765

NET ASSETS

107,230

145,574

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

107,228

145,572

SHAREHOLDERS' FUNDS

107,230

145,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 13 September 2025 and were signed on its behalf by:

Dr U Hussain - Director

Dr S S Haque Hussain - Director

1.	STATUTORY INFORMATION

Usmanhussaineye Ltd 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

Turnover 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.

Office equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 January 2024

18,812

Additions

5,939

Disposals

(4,368

)

At 31 December 2024

20,383

DEPRECIATION

At 1 January 2024

9,527

Charge for year

3,269

Eliminated on disposal

(2,218

)

At 31 December 2024

10,578

NET BOOK VALUE

At 31 December 2024

9,805

At 31 December 2023

9,285

5.	FIXED ASSET INVESTMENTS

31.12.24

31.12.23

£

£

Loans to undertakings in which the company has a participating interest

40,015

40,015

Other investments not loans

35,000

35,000

75,015

75,015

Additional information is as follows:

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

35,000

NET BOOK VALUE

At 31 December 2024

35,000

At 31 December 2023

35,000

Refundable

deposit

to

participating

interest

£

At 1 January 2024

and 31 December 2024

40,015

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

4,265

13,398

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

120

383

Taxation and social security

15,475

18,135

Other creditors

478

455

16,073

18,973