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Registered number: 07417380
Al Aneeq Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Patel & Co. Accountants
362 Derby Street
Bolton
BL3 6LS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07417380
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,016 2,458
2,016 2,458
CURRENT ASSETS
Stocks 5 35,256 30,104
Debtors 6 6,206 4,438
Cash at bank and in hand 11,601 11,481
53,063 46,023
Creditors: Amounts Falling Due Within One Year 7 (43,961 ) (30,474 )
NET CURRENT ASSETS (LIABILITIES) 9,102 15,549
TOTAL ASSETS LESS CURRENT LIABILITIES 11,118 18,007
NET ASSETS 11,118 18,007
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 11,116 18,005
SHAREHOLDERS' FUNDS 11,118 18,007
Page 1
Page 2
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Mr Yasin Patel
Director
29th September 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Al Aneeq Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07417380 . The registered office is 454 St. Helens Road, Bolton, United Kingdom, BL3 3RS.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Plant & Machinery 20% ON WDV
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 9,861
As at 31 March 2025 9,861
Depreciation
As at 1 April 2024 7,403
Provided during the period 442
As at 31 March 2025 7,845
Net Book Value
As at 31 March 2025 2,016
As at 1 April 2024 2,458
Page 3
Page 4
5. Stocks
2025 2024
£ £
Finished goods 35,256 30,104
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,538 4,438
Prepayments and accrued income 1,144 -
Other debtors 1,500 -
Other taxes and social security 24 -
6,206 4,438
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 22 -
Other taxes and social security - 536
VAT 3,873 10,098
Net wages 6,443 6,381
Other creditors 33,600 12,900
Directors' loan accounts 23 559
43,961 30,474
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4