Al Israa Ltd - Accounts

Al Israa Ltd
Contents Page
For the year ended 31 October 2024

Statement of Financial Position	1
Notes to the Financial Statements	2

Al Israa Ltd
Statement of Financial Position
As at 31 October 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	7,248	9,060
		7,248	9,060
Current assets
Cash at bank and in hand		447	612
Creditors: amount falling due within one year		(8,133)	(3,029)
Net current assets		(7,686)	(2,417)

Total assets less current liabilities		(438)	6,643
Creditors: amount falling due after more than one year		(39,540)	(37,298)
Net assets		(39,978)	(30,655)

Capital and reserves
Called up share capital		1	1
Profit and loss account		(39,979)	(30,656)
Shareholders' funds		(39,978)	(30,655)

For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

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 director on 29 July 2026 and were signed by:

-------------------------------
Mohammad Aleem Ghaffar
Director

1

Al Israa Ltd
Notes to the Abridged Financial Statements
For the year ended 31 October 2024

General Information

Al Israa Ltd is a private company, limited by shares, registered in England and Wales, registration number 09816483, registration address 113 Ilford Lane, Ilford, IG1 2RJ.

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.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles

20 Reducing Balance

2.	Average number of employees Average number of employees during the year was 1 (2023 : 1).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Total
	£	£
At 01 November 2023	22,120	22,120
Additions	-	-
Disposals	-	-
At 31 October 2024	22,120	22,120
Depreciation
At 01 November 2023	13,060	13,060
Charge for year	1,812	1,812
On disposals	-	-
At 31 October 2024	14,872	14,872
Net book values
Closing balance as at 31 October 2024	7,248	7,248
Opening balance as at 01 November 2023	9,060	9,060

2

Registered Number: 09816483
England and Wales
AL ISRAA LTD

Abridged Accounts

Period of accounts Start date: 01 November 2023 End date: 31 October 2024