Company Registration No. 14478084 (England and Wales)
Asim & Raza Holdings Limited
Unaudited accounts
for the year ended 31 March 2025
Asim & Raza Holdings Limited
Unaudited accounts
Contents
Asim & Raza Holdings Limited
Company Information
for the year ended 31 March 2025
Directors
M R HAKIM
A A SHAIKH
Company Number
14478084 (England and Wales)
Registered Office
24 The Avenue
Tunbridge Wells
Kent
TN2 3FL
England
Asim & Raza Holdings Limited
Statement of financial position
as at 31 March 2025
Tangible assets
355,082
375,458
Cash at bank and in hand
22,808
4,199
Creditors: amounts falling due within one year
(112,244)
(93,907)
Net current assets
55,482
57,148
Total assets less current liabilities
410,566
432,608
Creditors: amounts falling due after more than one year
(320,869)
(342,028)
Called up share capital
100
100
Profit and loss account
89,597
90,480
Shareholders' funds
89,697
90,580
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by
M R HAKIM
Director
Company Registration No. 14478084
Asim & Raza Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
Asim & Raza Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 14478084. The registered office is 24 The Avenue, Tunbridge Wells, Kent, TN2 3FL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Summary of disclosure exemption
The company has taken advantage of the exemption under FRS 102 paragraph 3.1(b) from preparing a statement of cashflows, on the basis that it is a qualifying small entity.
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
These financial statements have been prepared on a going concern basis which assumes that the company is able to realise its assets and discharge its liabilities in the normal course of the business.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make, judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Turnover is measured at fair value of consideration received or receivable for services rendered, net of discounts and Value Added Tax.
Revenue from sale of services is recognised when the significant risk & rewards of ownership have transferred to the buyer; the amount of revenue can be measured reliably; it is probable that the associated economic benefit will flow to the entity; and the cost incurred or to be incurred in respect of the transactions can be measured reliably.
Asim & Raza Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
Plant & machinery
20% Straight line
Investments in subsidiary undertakings are initially stated at cost and are subject to annual impairment review.
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.
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
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.
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Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2024
275,275
101,881
377,156
At 31 March 2025
275,275
101,881
377,156
At 1 April 2024
-
1,698
1,698
Charge for the year
-
20,376
20,376
At 31 March 2025
-
22,074
22,074
At 31 March 2025
275,275
79,807
355,082
At 31 March 2024
275,275
100,183
375,458
Asim & Raza Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Subsidiary undertakings
Valuation at 1 April 2024
2
Valuation at 31 March 2025
2
The company owns 100% share capital of Medway Dental Care Limited. The principal activity of Medway Dental Care Limited is dental practice activities.
Amounts falling due within one year
Amounts due from group undertakings etc.
-
20,334
Other debtors
144,918
126,522
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
600
4,486
Obligations under finance leases and hire purchase contracts
20,280
20,280
Amounts owed to group undertakings and other participating interests
33,653
-
Taxes and social security
2,297
-
Other creditors
48,564
64,641
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Creditors: amounts falling due after more than one year
2025
2024
Bank loans
261,237
262,117
Obligations under finance leases and hire purchase contracts
59,632
79,911
The bank loan is for 20 years and the loan value is secured by a fixed charge over the property held by the company.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
They Company discloses transactions with related parties which are not wholly owned with the same group. It does not disclose transactions with members of the same group that are wholly owned, in accordance with Section 33 of FRS 102.
Asim & Raza Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).