Company Registration No. 10291676
Azad Sialkot Limited
Unaudited accounts
for the year ended 31 July 2023
Azad Sialkot Limited
Unaudited accounts
Contents
Azad Sialkot Limited
Company Information
for the year ended 31 July 2023
Registered Office
46 QUINBROOKES
SLOUGH
SL2 5RU
ENGLAND
Accountants
Asmat Shaikh
84 High Street
Slough
Berkshire
SL1 1EL
Azad Sialkot Limited
Statement of financial position
as at 31 July 2023
Tangible assets
6,056
9,084
Cash at bank and in hand
6,353
13,372
Creditors: amounts falling due within one year
(46,978)
(27,501)
Net current assets
7,974
14,452
Total assets less current liabilities
14,030
23,536
Creditors: amounts falling due after more than one year
(18,554)
(23,566)
Net liabilities
(4,524)
(30)
Called up share capital
2
2
Profit and loss account
(4,526)
(32)
Shareholders' funds
(4,524)
(30)
For the year ending 31 July 2023 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 director acknowledges his 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 and authorised for issue on 14 September 2023 and were signed on its behalf by
Iran Butt
Director
Company Registration No. 10291676
Azad Sialkot Limited
Notes to the Accounts
for the year ended 31 July 2023
Azad Sialkot Limited is a private company, limited by shares, , registration number 10291676. The registered office is 46 QUINBROOKES, SLOUGH, SL2 5RU, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Computer equipment
Amounts falling due within one year
Trade debtors
13,862
4,559
Other debtors
34,737
24,022
Azad Sialkot Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,500
2,500
Obligations under finance leases and hire purchase contracts
2,508
2,508
Taxes and social security
23,448
17,935
Other creditors
18,522
4,558
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,970
-
8
Average number of employees
During the year the average number of employees was 4 (2022: 3).