Registration number:
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El Kettas & Associates Ltd
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El Kettas & Associates Ltd
Contents
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Company Information |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
El Kettas & Associates Ltd
Company Information
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Directors |
M El Kettas W J D Fryer |
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Company secretary |
M El Kettas |
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Registered office |
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Accountants |
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El Kettas & Associates Ltd
Statement of Financial Position as at 31 March 2025
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2025 |
2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Work in progress |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
El Kettas & Associates Ltd
Statement of Financial Position as at 31 March 2025
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
Approved and authorised by the
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M El Kettas
Company secretary and director
Company registration number: 07873753
El Kettas & Associates Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal activity of the company is the provision of legal services.
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Accounting policies |
Statement of compliance
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' Section 1A and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.
Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Going concern
The company made a profit for the year, and as at 31 March 2025 had net assets totalling £28,001, including cash at bank of £41,462.
As detailed further below, company results have demonstrated that the company has continued to adapt successfully to the post Covid economic landscape.
The ongoing impact of the economic headwinds and political focus upon the immigration sector continues to generate a significant level of uncertainty. The directors have regularly assessed the impact upon the company throughout this period and have been able to reduce administrative costs across the business whilst continuing to diversify by developing new income streams alongside core immigration related services. This ensured that company cash flow has been positively managed throughout the period and the impact of economic headwinds and uncertainties on the company’s operations has been mitigated as far as possible.
The Directors have monitored income and cash levels and when combined with ongoing cost management, remain confident that the company has secured access to sufficient levels of working capital to meet the needs of the business for the foreseeable future. Post year end activity levels have returned to more usual levels with modest underlying profitability anticipated for the carrying year. As such the financial statements have been prepared on the going concern basis.
El Kettas & Associates Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities. Services are recognised in the period to which they relate unless linked to completion of specified critical events as agreed in the initial engagement terms.
Work in progress is not recognised where it relates to sales which are contingent on the occurrence of a critical event that is outside the company's control, until that event occurs.
Tax
Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant & Machinery |
33% Straight line |
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Motor Vehicles |
33% Straight line |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
El Kettas & Associates Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Staff numbers |
The average number of persons employed by the company during the year, was
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Profit before tax |
Arrived at after charging/(crediting)
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2025 |
2024 |
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Depreciation expense |
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El Kettas & Associates Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Tangible assets |
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Plant & machinery |
Total |
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Cost or valuation |
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At 1 April 2024 |
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Additions |
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Disposals |
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At 31 March 2025 |
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Depreciation |
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At 1 April 2024 |
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Charge for the year |
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Eliminated on disposal |
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At 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
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At 31 March 2024 |
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Work in progress |
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2025 |
2024 |
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Work in progress |
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Debtors |
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2025 |
2024 |
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Trade debtors |
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Other debtors |
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El Kettas & Associates Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025
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Creditors |
Creditors: amounts falling due within one year
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Note |
2025 |
2024 |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Obligations under leases |
The total amount of financial commitments not included in the statement of financial position is £1,300 (2024: £1,300). The financial commitments relate to property utilised by the company.
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Transactions with directors |
As at 31st March 2025 an amount of nil (2024: £17,633) was due from a director. During the year advances of £nil and repayments of £17,633 were made at the start of the year. No interest was charged and there are no set terms in place.