Company registration number 15877355 (England and Wales)
AMARA AMAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
AMARA AMAL LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
AMARA AMAL LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 JANUARY 2026
31 January 2026
- 1 -
2026
Notes
£
£
Non-current assets
Investment property
3
601,803
Current assets
Trade and other receivables
4
15,202
Cash and cash equivalents
13,037
28,239
Current liabilities
5
(176,502)
Net current liabilities
(148,263)
Total assets less current liabilities
453,540
Non-current liabilities
6
(446,625)
Net assets
6,915
Equity
Called up share capital
7
100
Retained earnings
6,815
Total equity
6,915

For the financial period ended 31 January 2026 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 period in question in accordance with section 476.

The director acknowledges his 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 director of the company has 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 1 May 2026 and are signed on its behalf by:
..............................................
P Joseph
Director
Company registration number 15877355 (England and Wales)
AMARA AMAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
- 2 -
1
Accounting policies
Company information

Amara Amal Limited is a private company limited by shares incorporated in England and Wales. The registered office is 57 Burlington Rise, East Barnet, London, United Kingdom, EN4 8NN.

1.1
Reporting period

These financial statements are prepared for the period from 5th August 2024 to 31 January 2026.

1.2
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.

1.3
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Revenue

Turnover represents gross rent receivable from the company's investment property which is based on tenancy agreements.

1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.6
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.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

AMARA AMAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

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

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.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

AMARA AMAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 4 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
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 non-current 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.

1.11
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

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

2026
Number
Total
0
3
Investment property
2026
£
Fair value
At 5 August 2024
-
0
Additions
601,803
At 31 January 2026
601,803

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 January 2026 by the director of the company. The valuation was made on an open market value basis by reference to market evidence of transaction process for similar properties.

AMARA AMAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2026
- 5 -
4
Trade and other receivables
2026
Amounts falling due within one year:
£
Trade receivables
628
Prepayments and accrued income
14,574
15,202
5
Current liabilities
2026
£
Corporation tax
1,779
Other payables
171,723
Accruals and deferred income
3,000
176,502
6
Non-current liabilities
2026
Notes
£
Bank loans and overdrafts
446,625

The bank loan is secured by way of a first legal charge over the company's investment properties incorporating a fixed floating charge over all assets of the company.

7
Called up share capital
2026
2026
Ordinary share capital
Number
£
Issued and fully paid
Ordinary A shares of £1 each
70
70
Ordinary B Shares of £1 each
10
10
Ordinary C Shares of £1 each
10
10
Ordinary D shares of £1 each
10
10
100
100

The Ordinary 'A', Ordinary 'B' , Ordinary 'C' and Ordinary 'D' shares rank pari passu in all respects except with the declaration of dividends, whereby a dividend in respect of one class of share shall not compel a dividend at the same rate to be declared in respect of any other class of share.

8
Related party transactions

Included in other creditors is an amount of £171,723 due to the director of the company. There are no terms to interest or repayment in respect of this balance. The loan is unsecured and repayable on demand.

2026-01-31 2024-08-05 false false false 01 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity P Joseph T Joseph 15877355 2024-08-05 2026-01-31 15877355 2026-01-31 15877355 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 15877355 core:Non-currentFinancialInstruments core:AfterOneYear 2026-01-31 15877355 core:ShareCapital 2026-01-31 15877355 core:RetainedEarningsAccumulatedLosses 2026-01-31 15877355 core:ShareCapitalOrdinaryShareClass1 2026-01-31 15877355 core:ShareCapitalOrdinaryShareClass2 2026-01-31 15877355 core:ShareCapitalOrdinaryShareClass3 2026-01-31 15877355 core:ShareCapitalOrdinaryShareClass4 2026-01-31 15877355 core:ShareCapitalOrdinaryShares 2026-01-31 15877355 bus:Director1 2024-08-05 2026-01-31 15877355 2024-08-04 15877355 core:CurrentFinancialInstruments 2026-01-31 15877355 core:Non-currentFinancialInstruments 2026-01-31 15877355 bus:OrdinaryShareClass1 2024-08-05 2026-01-31 15877355 bus:OrdinaryShareClass2 2024-08-05 2026-01-31 15877355 bus:OrdinaryShareClass3 2024-08-05 2026-01-31 15877355 bus:OrdinaryShareClass4 2024-08-05 2026-01-31 15877355 bus:OrdinaryShareClass1 2026-01-31 15877355 bus:OrdinaryShareClass2 2026-01-31 15877355 bus:OrdinaryShareClass3 2026-01-31 15877355 bus:OrdinaryShareClass4 2026-01-31 15877355 bus:AllOrdinaryShares 2026-01-31 15877355 bus:PrivateLimitedCompanyLtd 2024-08-05 2026-01-31 15877355 bus:SmallCompaniesRegimeForAccounts 2024-08-05 2026-01-31 15877355 bus:FRS102 2024-08-05 2026-01-31 15877355 bus:AuditExemptWithAccountantsReport 2024-08-05 2026-01-31 15877355 bus:Director2 2024-08-05 2026-01-31 15877355 bus:FullAccounts 2024-08-05 2026-01-31 xbrli:pure xbrli:shares iso4217:GBP