AL-MEDINA HALAL MEATS LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: SC761542 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

AL-MEDINA HALAL MEATS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

MRS S DITTA

REGISTERED OFFICE:

10 NICHOLSON STREET

EDINBURGH

EH8 9BH

REGISTERED NUMBER:

SC761542 (Scotland)

ACCOUNTANTS:

Ahmad & Nabi Mcmullan Accountants

95-107 Lancefield Street

Glasgow

G3 8HZ

FIXED ASSETS

Intangible assets

4

27,500

Tangible assets

5

10,919

9,276

38,419

36,776

CURRENT ASSETS

Stocks

30,125

25,125

Debtors

6

17,098

17,358

Cash at bank and in hand

2,170

11,114

49,393

53,597

CREDITORS

Amounts falling due within one year

7

58,457

65,334

NET CURRENT LIABILITIES

(9,064

)

(11,737

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

29,355

25,039

CREDITORS

Amounts falling due after more than one
year

8

24,667

21,667

NET ASSETS

4,688

3,372

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

4,588

3,272

SHAREHOLDERS' FUNDS

4,688

3,372

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 24 December 2025 and were signed by:

MRS S DITTA - Director

1.	STATUTORY INFORMATION

AL-MEDINA HALAL MEATS LTD is a private company, limited by shares , registered in Scotland. 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 0, is being amortised evenly over its estimated useful life of nil 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

27,500

NET BOOK VALUE

At 31 March 2025

27,500

At 31 March 2024

27,500

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 April 2024

9,092

2,502

11,594

Additions

-

6,250

Disposals

-

(2,502

)

(2,502

)

At 31 March 2025

9,092

6,250

15,342

DEPRECIATION

At 1 April 2024

1,818

500

2,318

Charge for year

1,455

1,150

2,605

Eliminated on disposal

-

(500

)

(500

)

At 31 March 2025

3,273

1,150

4,423

NET BOOK VALUE

At 31 March 2025

5,819

5,100

10,919

At 31 March 2024

7,274

2,002

9,276

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

16,889

-

Other debtors

209

17,358

17,098

17,358

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

30,001

17,001

Tax

784

Social security and other taxes

4,368

1,325

Director's loan acc

19,869

44,976

Accrued expenses

3,435

1,248

58,457

65,334

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

BB loan

21,667

Private loan

3,000

-

24,667

21,667

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

1

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

3,272

Profit for the year

1,316

At 31 March 2025

4,588