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Company Registration No. 10273797 (England and Wales)
Banaadir IT Ltd Unaudited accounts for the year ended 31 July 2025
Banaadir IT Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Banaadir IT Ltd Company Information for the year ended 31 July 2025
Director
Mr Hussein Mahdi
Company Number
10273797 (England and Wales)
Registered Office
1 DUDLEY ROAD FELTHAM TW14 8EJ ENGLAND
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Banaadir IT Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
623
778
Current assets
Cash at bank and in hand
-
2
Creditors: amounts falling due within one year
5
(13,787)
(13,343)
Net current liabilities
(13,787)
(13,341)
Net liabilities
(13,164)
(12,563)
Capital and reserves
Called up share capital
6
10
10
Profit and loss account
(13,174)
(12,573)
Shareholders' funds
(13,164)
(12,563)
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 10 April 2026 and were signed on its behalf by
Mr Hussein Mahdi Director Company Registration No. 10273797
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Banaadir IT Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Banaadir IT Ltd is a private company, limited by shares, registered in England and Wales, registration number 10273797. The registered office is 1 DUDLEY ROAD, FELTHAM, TW14 8EJ, 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.
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:
Fixtures & fittings
20 % Reducing balance
Computer equipment
20 % Reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
1,020
2,436
3,456
At 31 July 2025
1,020
2,436
3,456
Depreciation
At 1 August 2024
753
1,925
2,678
Charge for the year
53
102
155
At 31 July 2025
806
2,027
2,833
Net book value
At 31 July 2025
214
409
623
At 31 July 2024
267
511
778
5
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
13,687
12,343
Accruals
100
1,000
13,787
13,343
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Banaadir IT Ltd Notes to the Accounts for the year ended 31 July 2025
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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