Company Registration No. 06749046 (England and Wales)
Al - Muhsineen Ltd
Unaudited accounts
for the year ended 30 November 2019
Al - Muhsineen Ltd
Unaudited accounts
Contents
Al - Muhsineen Ltd
Company Information
for the year ended 30 November 2019
Directors
Mohsin Ibrahim Patel
Mohamed Imran Lakhi
Hazra Patel
Company Number
06749046 (England and Wales)
Registered Office
254 FIRST FLOOR
SHEARBROW
BLACKBURN
BB1 8DS
ENGLAND
Accountants
AMS Accountants SBU Ltd
Tadis House
455 Whalley New Road
Blackburn
Lancashire
BB1 9SP
Al - Muhsineen Ltd
Statement of financial position
as at
30 November 2019
Tangible assets
19,367
17,537
Inventories
49,017
48,661
Cash at bank and in hand
20,525
70,751
Creditors: amounts falling due within one year
(131,710)
(179,603)
Net current assets/(liabilities)
5,716
(15,560)
Called up share capital
100
100
Profit and loss account
24,983
1,877
Shareholders' funds
25,083
1,977
For the year ending 30 November 2019 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 20 August 2020 and were signed on its behalf by
Mohsin Ibrahim Patel
Director
Company Registration No. 06749046
Al - Muhsineen Ltd
Notes to the Accounts
for the year ended 30 November 2019
Al - Muhsineen Ltd is a private company, limited by shares, registered in England and Wales, registration number 06749046. The registered office is 254 FIRST FLOOR, SHEARBROW, BLACKBURN, BB1 8DS, 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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2018
16,157
72,174
88,331
At 30 November 2019
16,157
80,003
96,160
At 1 December 2018
10,865
59,929
70,794
Charge for the year
1,627
4,372
5,999
At 30 November 2019
12,492
64,301
76,793
At 30 November 2019
3,665
15,702
19,367
At 30 November 2018
5,292
12,245
17,537
Finished goods
49,017
48,661
Al - Muhsineen Ltd
Notes to the Accounts
for the year ended 30 November 2019
Other debtors
30,970
44,631
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
56,522
57,136
Taxes and social security
7,479
5,223
Other creditors
3,209
2,744
Loans from directors
64,500
64,500
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Average number of employees
During the year the average number of employees was 16 (2018: 0).