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Registered Number: 08371451
England and Wales

 

 

 

ASIF RICE MILLS LTD



Abridged Accounts
 


Period of accounts

Start date: 01 February 2024

End date: 31 January 2025
Report to the directors on the preparation of the unaudited statutory accounts of ASIF RICE MILLS LTD for the year ended 31 January 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ASIF RICE MILLS LTD for the year ended 31 January 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of ASIF RICE MILLS LTD, as a body, in accordance with the terms of our engagement letter dated 15 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of ASIF RICE MILLS LTD and state those matters that we have agreed to state to the Board of Directors of ASIF RICE MILLS LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ASIF RICE MILLS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ASIF RICE MILLS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ASIF RICE MILLS LTD. You consider that ASIF RICE MILLS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ASIF RICE MILLS LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 January 2025.



....................................................
MAG ACCOUNTANTS
4-York House,
Langston Road
Loughton
Essex
IG10 3TQ
15 October 2025
1
 
 
Notes
 
2025
£
Current assets    
Cash at bank and in hand 5,996 
Creditors: amount falling due within one year (11,176)
Net current assets (5,180)
 
Total assets less current liabilities (5,180)
Net assets (5,180)
 

Capital and reserves
   
Called up share capital 3 1 
Profit and loss account (5,181)
Shareholders' funds (5,180)
 


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

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 15 October 2025 and were signed by:


-------------------------------
Mr Kashif MUMTAZ
Director
2
General Information
ASIF RICE MILLS LTD is a private company, limited by shares, registered in England and Wales, registration number 08371451, registration address Office 17, 1st Floor The Tube Business Centre 86 North Street, 86 North Street, Manchester, M8 8RA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.

Average number of employees

Average number of employees during the year was 5.
3.

Share Capital

Authorised
1 Class A share of £1.00 each
Allotted, called up and fully paid
2025
£
1 Class A share of £1.00 each

3