Ahmed Exotic Limited - Filleted accounts

Registered number

03640011

Ahmed Exotic Limited

Filleted Accounts

31 October 2025

Ahmed Exotic Limited
Registered number:		03640011
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		609,534			614,647

Current assets
Stocks		14,549			13,275
Debtors	4	829,781			780,268
Cash at bank and in hand		37,718			72,528
		882,048			866,071

Creditors: amounts falling due within one year	5	(621,170)			(553,491)

Net current assets			260,878			312,580

Total assets less current liabilities			870,412			927,227

Creditors: amounts falling due after more than one year	6		(8,519)			(16,917)



Net assets			861,893			910,310

Capital and reserves
Called up share capital			14,800			14,800
Profit and loss account			847,093			895,510

Shareholders' funds			861,893			910,310

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Aziz Mohammed Patel
Director
Approved by the board on 26 October 2026

Ahmed Exotic Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			2% straight line
	Fixtures, fittings, tools and equipment			20% reducing balance
	Motor vehicles			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Functional and presentation currency
	The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency.

	Employee benefits
	Short-term employee benefits Short-term employee benefits are recognised as an expense in the period in which they are incurred. Post-employment defined contribution plans Amounts in respect of defined contributions plans are recognised as an expense as they are incurred. Termination benefits Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.

	Going concern
	The financial statements have been prepared on the basis that the company will receive continued financial support from bank and director and has adequate resources to continue in operational existence for the foreseeable future.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		7


3	Tangible fixed assets
		Land and buildings		Fixtures, fittings, tools and equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	659,623		119,972		120,966		900,561
	Additions	-		1,836		-		1,836
	At 31 October 2025	659,623		121,808		120,966		902,397

	Depreciation
	At 1 November 2024	-		173,308		112,606		285,914
	Charge for the year	-		4,910		2,039		6,949
	At 31 October 2025	-		178,218		114,645		292,863

	Net book value
	At 31 October 2025	659,623		(56,410)		6,321		609,534
	At 31 October 2024	659,623		(53,336)		8,360		614,647


4	Debtors					2025		2024
£							£

	Trade debtors					822,546		770,794
	Other debtors					7,235		9,474
						829,781		780,268


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					495,983		462,523
	Taxation and social security costs					125,187		90,968
						621,170		553,491


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					8,519		16,917


7	Controlling party

	The directors do not consider there to be an ultimate controlling party.


8	Other information

	Ahmed Exotic Limited is a private company limited by shares and incorporated in England. Its registered office is:

	P52-P53a Western International
	Market Hayes Road
	Southall
	Middlesex
	UB2 5XJ