REGISTERED NUMBER: 08245771 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Ali Brothers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W Ali

A Ali

SECRETARY:

REGISTERED OFFICE:

Unit 7 Oughton Road

Highgate

Birmingham

West Midlands

B12 0DF

REGISTERED NUMBER:

08245771 (England and Wales)

ACCOUNTANTS:

M.F Khan & Co

375 Coventry Road

Smal Heath

Birmingham

West Midlands

B10 0SW

FIXED ASSETS

Intangible assets

4

-

2,200

Tangible assets

5

130,752

71,643

130,752

73,843

CURRENT ASSETS

Stocks

152,963

152,963

Debtors

6

1,756,604

1,382,133

Cash at bank and in hand

575,572

699,424

2,485,139

2,234,520

CREDITORS

Amounts falling due within one year

7

1,248,652

1,288,298

NET CURRENT ASSETS

1,236,487

946,222

TOTAL ASSETS LESS CURRENT LIABILITIES

1,367,239

1,020,065

PROVISIONS FOR LIABILITIES

33,162

16,745

NET ASSETS

1,334,077

1,003,320

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

1,334,071

1,003,314

SHAREHOLDERS' FUNDS

1,334,077

1,003,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 June 2025 and were signed on its behalf by:

A Ali - Director

1.	STATUTORY INFORMATION

Ali Brothers 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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

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 29 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

22,000

AMORTISATION

At 1 May 2024

19,800

Charge for year

2,200

At 30 April 2025

22,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

2,200

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

285,836

Additions

116,545

Disposals

(47,878

)

At 30 April 2025

354,503

DEPRECIATION

At 1 May 2024

214,193

Charge for year

43,585

Eliminated on disposal

(34,027

)

At 30 April 2025

223,751

NET BOOK VALUE

At 30 April 2025

130,752

At 30 April 2024

71,643

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

837,417

876,885

Other debtors

919,187

505,248

1,756,604

1,382,133

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

1,020,685

891,713

Taxation and social security

169,630

189,578

Other creditors

58,337

207,007

1,248,652

1,288,298

8.	RELATED PARTY DISCLOSURES

The business operates from premises owned by three brothers Mr. W. Ali, Mr. A. Ali and Mr. S. Ali of which Mr. W. Ali and Mr A. Ali are directors of the company. Rent amounting to £28,800 ((2024:£28,800) was paid to them by the company during the year. The transaction is an arms length transaction.