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Company Registration No. 08615091 (England and Wales)
Small Business Accounting Solution Ltd Unaudited accounts for the year ended 31 July 2025
Small Business Accounting Solution Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Small Business Accounting Solution Ltd Company Information for the year ended 31 July 2025
Directors
Mousumi Sultana RATNA Mohammad Mohiuddin KHAN
Company Number
08615091 (England and Wales)
Registered Office
Khan Islam & Co 117 Whitechapel Road 3rd Floor London London E1 1DT England
Accountants
Khan Islam & Co 117 Whitechapel Road 3rd Floor London London E1 1DT
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Small Business Accounting Solution Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
114
136
Current assets
Debtors
5
875
40
Cash at bank and in hand
361
1,038
1,236
1,078
Creditors: amounts falling due within one year
6
(1,497)
(464)
Net current (liabilities)/assets
(261)
614
Total assets less current liabilities
(147)
750
Creditors: amounts falling due after more than one year
7
(9,959)
(11,178)
Net liabilities
(10,106)
(10,428)
Capital and reserves
Called up share capital
4
4
Profit and loss account
(10,110)
(10,432)
Shareholders' funds
(10,106)
(10,428)
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 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 16 April 2026 and were signed on its behalf by
Mohammad Mohiuddin KHAN Director Company Registration No. 08615091
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Small Business Accounting Solution Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Small Business Accounting Solution Ltd is a private company, limited by shares, registered in England and Wales, registration number 08615091. The registered office is Khan Islam & Co, 117 Whitechapel Road, 3rd Floor, London, London, E1 1DT, 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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Plant & machinery
20%
Fixtures & fittings
15%
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Small Business Accounting Solution Ltd Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
55
176
231
At 31 July 2025
55
176
231
Depreciation
At 1 August 2024
27
68
95
Charge for the year
6
16
22
At 31 July 2025
33
84
117
Net book value
At 31 July 2025
22
92
114
At 31 July 2024
28
108
136
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
40
40
Accrued income and prepayments
835
-
875
40
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,299
156
Accruals
198
308
1,497
464
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
750
1,650
Other creditors
9,209
9,528
9,959
11,178
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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