REGISTERED NUMBER: 02709942 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ABDULLAH & SONS CO. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H A G Assyied

A P Yafai

SECRETARY:

A P Yafai

REGISTERED OFFICE:

3 Taunton Road

Sparkbrook

Birmingham

West Midlands

B12 8DQ

REGISTERED NUMBER:

02709942 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

720,141

767,286

CURRENT ASSETS

Stocks

333,505

330,630

Debtors

5

39,070

70,173

Cash at bank and in hand

749,716

984,679

1,122,291

1,385,482

CREDITORS

Amounts falling due within one year

6

766,309

979,191

NET CURRENT ASSETS

355,982

406,291

TOTAL ASSETS LESS CURRENT LIABILITIES

1,076,123

1,173,577

CREDITORS

Amounts falling due after more than one year

7

-

(27,432

)

PROVISIONS FOR LIABILITIES

(122,419

)

(90,094

)

NET ASSETS

953,704

1,056,051

CAPITAL AND RESERVES

Called up share capital

9

60,000

60,000

Revaluation reserve

660,887

632,436

Capital redemption reserve

20,000

20,000

Retained earnings

212,817

343,615

SHAREHOLDERS' FUNDS

953,704

1,056,051

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 9 October 2025 and were signed on its behalf by:

A P Yafai - Director

H A G Assyied - Director

1.	STATUTORY INFORMATION

Abdullah & Sons Co. 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

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.

Freehold property

-

5% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 November 2023

828,547

24,700

68,140

26,000

947,387

Additions

-

-

4,580

-

4,580

Disposals

-

-

-

(26,000

)

(26,000

)

At 31 October 2024

828,547

24,700

72,720

-

925,967

DEPRECIATION

At 1 November 2023

82,477

20,427

58,759

18,438

180,101

Charge for year

41,428

641

2,094

-

44,163

Eliminated on disposal

-

-

-

(18,438

)

(18,438

)

At 31 October 2024

123,905

21,068

60,853

-

205,826

NET BOOK VALUE

At 31 October 2024

704,642

3,632

11,867

-

720,141

At 31 October 2023

746,070

4,273

9,381

7,562

767,286

Cost or valuation at 31 October 2024 is represented by:

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

Valuation in 2021

474,178

-

-

474,178

Cost

354,369

24,700

72,720

451,789

828,547

24,700

72,720

925,967

If freehold property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

346,822

346,822

Aggregate depreciation

248,352

248,352

Freehold property was revalued by the directors at the balance sheet date.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

7,436

38,539

Other debtors

31,634

31,634

39,070

70,173

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

392,016

691,150

Taxation and social security

87,947

192,845

Other creditors

286,346

95,196

766,309

979,191

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

-

27,432

8.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Other loans

27,432

77,596

Amounts falling due between one and two years:

Other loans - 1-2 years

-

27,432

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

60,000

Ordinary

£1

60,000

60,000