Buraq London Ltd - Accounts

Buraq London Ltd
Contents Page
For the year ended 31 May 2025

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Buraq London Ltd Accountants' Report For the year ended 31 May 2025
Accountants report You consider that the company is exempt from an audit for the year ended 31 May 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... RCi Chartered Accountants & Business Advisors 61 Union Street Dunstable LU6 1EX 29 May 2026 1

Buraq London Ltd
Accountants' Report
For the year ended 31 May 2025

Accountants report

You consider that the company is exempt from an audit for the year ended 31 May 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

....................................................

RCi Chartered Accountants & Business Advisors
61 Union Street
Dunstable
LU6 1EX
29 May 2026

1

Buraq London Ltd
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Current assets
Stocks		132,698	40,987
Cash at bank and in hand		13,824	3,998
		146,522	44,985
Creditors: amount falling due within one year		(107,560)	(32,704)
Net current assets		38,962	12,281

Total assets less current liabilities		38,962	12,281
Creditors: amount falling due after more than one year		(18,000)	0
Provisions for liabilities		(235)	0
Net assets		20,727	12,281

Capital and reserves
Called up share capital	3	100	100
Profit and loss account		20,627	12,181
Shareholders' funds		20,727	12,281

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts 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 accounts.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 29 May 2026 and were signed on its behalf by:

-------------------------------
Muhammad Mamun Billah
Director

2

Buraq London Ltd
Notes to the Abridged Financial Statements
For the year ended 31 May 2025

General Information

Buraq London Ltd is a private company, limited by shares, registered in , registration number 14853604, registration address 50 Greenfield Road, London, England, E1 1EJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 0).

3.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

3

Registered Number: 14853604

BURAQ LONDON LTD

Abridged Accounts

Period of accounts Start date: 01 June 2024 End date: 31 May 2025