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Company Registration No. 12088033 (England and Wales)
MA ILSA ASSOCIATES LIMITED Unaudited accounts for the year ended 31 July 2025
MA ILSA ASSOCIATES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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MA ILSA ASSOCIATES LIMITED Company Information for the year ended 31 July 2025
Director
MUHAMMAD ZAHID
Company Number
12088033 (England and Wales)
Registered Office
66 RONALDSWAY PRESTON LANCASHIRE PR1 6EQ
Accountants
SAM & CO FINANCIAL ACCOUNTANT 300 PLATT LANE Manchester Greater Manchester M14 7BZ
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MA ILSA ASSOCIATES LIMITED Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
10,663
13,047
Current assets
Inventories
9,965
6,482
Cash at bank and in hand
2,526
3,250
12,491
9,732
Creditors: amounts falling due within one year
5
(3,678)
(3,040)
Net current assets
8,813
6,692
Total assets less current liabilities
19,476
19,739
Creditors: amounts falling due after more than one year
6
(31,086)
(24,382)
Net liabilities
(11,610)
(4,643)
Capital and reserves
Share premium
1
1
Profit and loss account
(11,611)
(4,644)
Shareholders' funds
(11,610)
(4,643)
For the year ending 31 July 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 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 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 and authorised for issue on 1 April 2026 and were signed on its behalf by
MUHAMMAD ZAHID Director Company Registration No. 12088033
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MA ILSA ASSOCIATES LIMITED Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
MA ILSA ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12088033. The registered office is 66 RONALDSWAY, PRESTON, LANCASHIRE, PR1 6EQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
18,000
19,000
37,000
At 31 July 2025
18,000
19,000
37,000
Depreciation
At 1 August 2024
13,729
10,224
23,953
Charge for the year
1,068
1,316
2,384
At 31 July 2025
14,797
11,540
26,337
Net book value
At 31 July 2025
3,203
7,460
10,663
At 31 July 2024
4,271
8,776
13,047
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
3,278
3,040
Other creditors
400
-
3,678
3,040
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MA ILSA ASSOCIATES LIMITED Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
5,264
12,503
Loans from directors
25,822
11,879
31,086
24,382
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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