1 November 2024 false Taxfiler 2024.6 11648402 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11648402 2024-10-31 11648402 2024-11-01 2025-10-31 11648402 business:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 11648402 business:FilletedAccounts 2024-11-01 2025-10-31 11648402 2025-10-31 11648402 business:Director1 2024-11-01 2025-10-31 11648402 business:Director2 2024-11-01 2025-10-31 11648402 business:RegisteredOffice 2024-11-01 2025-10-31 11648402 2024-10-31 11648402 core:WithinOneYear 2025-10-31 11648402 core:WithinOneYear 2024-10-31 11648402 core:AfterOneYear 2025-10-31 11648402 core:AfterOneYear 2024-10-31 11648402 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 11648402 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 11648402 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 11648402 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 11648402 core:PreviouslyStatedAmount 2025-10-31 11648402 core:PreviouslyStatedAmount 2024-10-31 11648402 business:SmallEntities 2024-11-01 2025-10-31 11648402 countries:EnglandWales 2024-11-01 2025-10-31 11648402 core:LandBuildings 2024-10-31 11648402 core:LandBuildings 2025-10-31 11648402 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 11648402 (England and Wales)
KHALIK ASSOCIATES LTD Unaudited accounts for the year ended 31 October 2025
KHALIK ASSOCIATES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
KHALIK ASSOCIATES LTD Company Information for the year ended 31 October 2025
Directors
Abdul KHALIK Momtaz BEGUM
Company Number
11648402 (England and Wales)
Registered Office
45 DAWLISH DRIVE ILFORD IG3 9EE UNITED KINGDOM
- 3 -
KHALIK ASSOCIATES LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
539,100
539,100
Current assets
Cash at bank and in hand
2,806
2,734
Creditors: amounts falling due within one year
5
(152,714)
(154,954)
Net current liabilities
(149,908)
(152,220)
Total assets less current liabilities
389,192
386,880
Creditors: amounts falling due after more than one year
6
(388,963)
(388,963)
Net assets/(liabilities)
229
(2,083)
Capital and reserves
Called up share capital
100
100
Profit and loss account
129
(2,183)
Shareholders' funds
229
(2,083)
For the year ending 31 October 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 14 July 2026 and were signed on its behalf by
Abdul KHALIK Director Company Registration No. 11648402
- 4 -
KHALIK ASSOCIATES LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
KHALIK ASSOCIATES LTD is a private company, limited by shares, registered in England and Wales, registration number 11648402. The registered office is 45 DAWLISH DRIVE, ILFORD, IG3 9EE, UNITED KINGDOM.
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
Land & buildings
£
Cost or valuation
At cost
At 1 November 2024
539,100
At 31 October 2025
539,100
Depreciation
At 31 October 2025
-
Net book value
At 31 October 2025
539,100
At 31 October 2024
539,100
5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
420
360
Loans from directors
152,294
154,594
152,714
154,954
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
388,963
388,963
- 5 -
KHALIK ASSOCIATES LTD Notes to the Accounts for the year ended 31 October 2025
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -