Asif Tax Advisers Ltd

	Page
Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3—4

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Page 2

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 14445006

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		752		707

			752		707
CURRENT ASSETS
Debtors	5	786		632
Cash at bank and in hand		476		702

		1,262		1,334
Creditors: Amounts Falling Due Within One Year	6	(6,364 )		(3,151 )

NET CURRENT ASSETS (LIABILITIES)			(5,102 )		(1,817 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(4,350 )		(1,110 )

NET LIABILITIES			(4,350 )		(1,110 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(4,450 )		(1,210 )

SHAREHOLDERS' FUNDS			(4,350)		(1,110)

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

M Asif

Director

29/12/2025

The notes on pages 3 to 4 form part of these financial statements.

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Asif Tax Advisers Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Asif Tax Advisers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14445006 . The registered office is 90 Fenman Gardens, Ilford, IG3 9TS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: NIL)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	-	943	943
Additions	296	-	296

As at 31 March 2025	296	943	1,239

Depreciation
As at 1 April 2024	-	236	236
Provided during the period	74	177	251

As at 31 March 2025	74	413	487

Net Book Value
As at 31 March 2025	222	530	752

As at 1 April 2024	-	707	707

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Asif Tax Advisers Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	50	150
Other debtors	736	482

	786	632

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	650	437
Other creditors	5,714	2,714

	6,364	3,151

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Director	M Asif

Company Number	14445006

Registered Office	90 Fenman Gardens
	Ilford
	IG3 9TS

Business	90 Fenman Gardens
	Ilford
	London
	IG3 9TS

Accountants	Asif Tax Advisers Ltd
	Chartered Certified Accountants
	90 Fenman Gardens
	Ilford
	London
	IG3 9TS