Company Registration No. SC479089 (Scotland)
Alam Amin Ltd
Unaudited accounts
for the year ended 30 June 2020
Alam Amin Ltd
Unaudited accounts
Contents
Alam Amin Ltd
Company Information
for the year ended 30 June 2020
Directors
Mr Mohammad Jahangir Alam
Mr Seraz Amin
Company Number
SC479089 (Scotland)
Registered Office
31 West Church Street
Buckie
AB56 1BP
Alam Amin Ltd
Statement of financial position
as at
30 June 2020
Intangible assets
4,000
5,000
Cash at bank and in hand
12,167
5,038
Creditors: amounts falling due within one year
(34,779)
(34,978)
Net current liabilities
(21,612)
(28,940)
Net liabilities
(17,612)
(23,940)
Called up share capital
100
100
Profit and loss account
(17,712)
(24,040)
Shareholders' funds
(17,612)
(23,940)
For the year ending 30 June 2020 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 19 November 2020 and were signed on its behalf by
Mr Mohammad Jahangir Alam
Director
Company Registration No. SC479089
Alam Amin Ltd
Notes to the Accounts
for the year ended 30 June 2020
Alam Amin Ltd is a private company, limited by shares, registered in Scotland, registration number SC479089. The registered office is 31 West Church Street, Buckie, AB56 1BP.
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:
Plant & machinery
20% Straight line basis
Fixtures & fittings
20% Straight line basis
Other tangible fixed assets
20% Straight line basis
Intangible fixed assets are included at cost less accumulated amortisation.
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4
Intangible fixed assets
Goodwill
Charge for the year
1,000
Alam Amin Ltd
Notes to the Accounts
for the year ended 30 June 2020
5
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
Finished goods
1,000
1,000
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
279
1,099
Taxes and social security
853
22
Other creditors
4,949
2,159
Loans from directors
28,698
31,698
8
Average number of employees
During the year the average number of employees was 0 (2019: 2).