Company registration number 07460118 (England and Wales)
Mr. M. Shoaib Limited
Unaudited financial statements
For the year ended 31 March 2025
Mr. M. Shoaib Limited
Company information
Directors
Mr M Shoaib
Mrs F N Shoaib
Mr H Shoaib
Miss F Shoaib
Company number
07460118
Registered office
Church Court
Stourbridge Road
Halesowen
West Midlands
England
B63 3TT
Accountants
DJH Halesowen Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT
Mr. M. Shoaib Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
Mr. M. Shoaib Limited
Statement of financial position
As at 31 March 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
-
0
1,100
Current assets
Debtors
4
759,655
418,362
Cash at bank and in hand
881,450
1,149,799
1,641,105
1,568,161
Creditors: amounts falling due within one year
5
(71,906)
(68,575)
Net current assets
1,569,199
1,499,586
Net assets
1,569,199
1,500,686
Capital and reserves
Called up share capital
105
105
Profit and loss reserves
1,569,094
1,500,581
Total equity
1,569,199
1,500,686

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 October 2025 and are signed on its behalf by:
Mr M Shoaib
Director
Company registration number 07460118 (England and Wales)
Mr. M. Shoaib Limited
Notes to the financial statements
For the year ended 31 March 2025
- 2 -
1
Accounting policies
Company information

Mr. M. Shoaib Limited is a private company limited by shares incorporated in England and Wales. The registered office is Church Court, Stourbridge Road, Halesowen, West Midlands, England, B63 3TT.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
20%

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Taxation

The tax expense represents the sum of the tax currently payable.

Mr. M. Shoaib Limited
Notes to the financial statements (continued)
For the year ended 31 March 2025
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.6
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
4
3
Tangible fixed assets
Computers
£
Cost
At 1 April 2024 and 31 March 2025
15,350
Depreciation and impairment
At 1 April 2024
14,250
Depreciation charged in the year
1,100
At 31 March 2025
15,350
Carrying amount
At 31 March 2025
-
0
At 31 March 2024
1,100
Mr. M. Shoaib Limited
Notes to the financial statements (continued)
For the year ended 31 March 2025
- 4 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
40,816
31,631
Other debtors
718,839
386,731
759,655
418,362
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
70,370
67,135
Other creditors
1,536
1,440
71,906
68,575
6
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Advances
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Director's loan account
-
386,731
1,812,467
(1,480,359)
718,839
386,731
1,812,467
(1,480,359)
718,839
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