ISSAM GROUP LIMITED


Director	JAWAD, Husam


Registered Address	Unit G04 10 Courtenay Road East Lane
	Wembley
	HA9 7ND


Registered Number	12171299 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		51,353		92,279
Investments	4		200		200
			51,553		92,479
Current assets
Debtors	5	127,669		9,630
Cash at bank and on hand		3,941		2,264
		131,610		11,894
Creditors amounts falling due within one year	6	(131,573)		(87,341)
Net current assets (liabilities)			37		(75,447)
Total assets less current liabilities			51,590		17,032
Creditors amounts falling due after one year	7		(69,978)		(98,778)
Net assets			(18,388)		(81,746)
Capital and reserves
Called up share capital			200		200
Profit and loss account			(18,588)		(81,946)
Shareholders' funds			(18,388)		(81,746)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 September 2025, and are signed on its behalf by:

JAWAD, Husam
Director
Registered Company No. 12171299

ISSAM GROUP LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	163,705	163,705
At 31 December 24	163,705	163,705
Depreciation and impairment
At 01 January 24	71,426	71,426
Charge for year	40,926	40,926
At 31 December 24	112,352	112,352
Net book value
At 31 December 24	51,353	51,353
At 31 December 23	92,279	92,279

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 24	200	200
At 31 December 24	200	200
Net book value
At 31 December 24	200	200
At 31 December 23	200	200

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	115,200	-
Amounts owed by group undertakings	12,469	2,552
Other debtors	-	7,078
Total	127,669	9,630

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	5,857	5,707
Taxation and social security	16,735	6,036
Other creditors	108,111	74,728
Accrued liabilities and deferred income	870	870
Total	131,573	87,341


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	69,978	98,778
Total	69,978	98,778

8.	Directors advances, credits and guarantees
	At the year end, the amount due from Director Mr Husam Jawad was 2024 : NIL (2023: £3,033)

9.	Related party transactions
	Amount owed to group undertaking of £102,734 (2023 - £70,164) which is related to Daya Limited and amount owed to group undertaking of £60 (2023 - £60) which is related to BroPharma Ltd and amount owed to group undertaking of £1,193 (2023 - £1,193) which is related to Myhealth Pharmacy Limited. Amount owed by group undertaking of £60 (2023 - £60) which is related to Nukare Holding Ltd and amount owed by group undertaking of £12,409 (2023 - £2,492 credit) which is related to Pharmaelite Limited

Related party transactions

Amount owed to group undertaking of £102,734 (2023 - £70,164) which is related to Daya Limited and amount owed to group undertaking of £60 (2023 - £60) which is related to BroPharma Ltd and amount owed to group undertaking of £1,193 (2023 - £1,193) which is related to Myhealth Pharmacy Limited. 

Amount owed by group undertaking of £60 (2023 - £60) which is related to Nukare Holding Ltd and amount owed by group undertaking of £12,409 (2023 - £2,492 credit) which is related to Pharmaelite Limited