Company Registration No. 10768255 (England and Wales)
DAR AL TEEB LTD
Unaudited accounts
for the year ended 31 May 2021
DAR AL TEEB LTD
Unaudited accounts
Contents
DAR AL TEEB LTD
Company Information
for the year ended 31 May 2021
Director
Abdulazeez S J A ALTHEFEERI
Company Number
10768255 (England and Wales)
Registered Office
PREMIER BUSINESS CENTRE
47-49 PARK ROYAL ROAD
LONDON
NW10 7LQ
UNITED KINGDOM
DAR AL TEEB LTD
Statement of financial position
as at
31 May 2021
Intangible assets
196,420
214,280
Tangible assets
363,867
396,967
Inventories
680,928
642,426
Cash at bank and in hand
1,049,673
1,094,643
Creditors: amounts falling due within one year
(104,143)
(57,486)
Net current assets
1,977,852
2,035,913
Total assets less current liabilities
2,538,139
2,647,160
Creditors: amounts falling due after more than one year
(4,015,218)
(3,742,504)
Net liabilities
(1,477,079)
(1,095,344)
Called up share capital
100
100
Profit and loss account
(1,477,179)
(1,095,444)
Shareholders' funds
(1,477,079)
(1,095,344)
For the year ending 31 May 2021 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 28 February 2022 and were signed on its behalf by
Abdulazeez S J A ALTHEFEERI
Director
Company Registration No. 10768255
DAR AL TEEB LTD
Notes to the Accounts
for the year ended 31 May 2021
DAR AL TEEB LTD is a private company, limited by shares, registered in England and Wales, registration number 10768255. The registered office is PREMIER BUSINESS CENTRE, 47-49 PARK ROYAL ROAD, LONDON, NW10 7LQ, UNITED KINGDOM.
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
7% straight line methid
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Charge for the year
17,860
DAR AL TEEB LTD
Notes to the Accounts
for the year ended 31 May 2021
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
33,100
6
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
345,375
345,375
7
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
5,065
-
Other creditors
99,078
57,486
8
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
4,015,218
3,742,504
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).