Company Registration No. 11017454 (England and Wales)
ADDILYN GROUP LIMITED
Unaudited accounts
for the year ended 31 October 2022
ADDILYN GROUP LIMITED
Unaudited accounts
Contents
ADDILYN GROUP LIMITED
Company Information
for the year ended 31 October 2022
Directors
Mohamed Amin Mohamed SALEH
Nawaal NASSOR
Company Number
11017454 (England and Wales)
Registered Office
Estuary House
Ballards Road
Dagenham
Essex
RM10 9AB
United Kingdom
ADDILYN GROUP LIMITED
Statement of financial position
as at 31 October 2022
Tangible assets
3,828
4,669
Cash at bank and in hand
24,318
26,959
Creditors: amounts falling due within one year
(58,076)
(40,920)
Net current liabilities
(33,758)
(13,961)
Total assets less current liabilities
(29,930)
(9,292)
Creditors: amounts falling due after more than one year
(35,020)
(40,300)
Net liabilities
(64,950)
(49,592)
Called up share capital
1
1
Profit and loss account
(64,951)
(49,593)
Shareholders' funds
(64,950)
(49,592)
For the year ending 31 October 2022 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 25 May 2023 and were signed on its behalf by
Mohamed Amin Mohamed SALEH
Director
Company Registration No. 11017454
ADDILYN GROUP LIMITED
Notes to the Accounts
for the year ended 31 October 2022
ADDILYN GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11017454. The registered office is Estuary House, Ballards Road, Dagenham, Essex, RM10 9AB, 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:
Fixtures & fittings
18% Reducing Balance Method
Computer equipment
18% Reducing Balance Method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2021
5,280
1,665
6,945
At 31 October 2022
5,280
1,665
6,945
At 1 November 2021
1,730
546
2,276
Charge for the year
639
202
841
At 31 October 2022
2,369
748
3,117
At 31 October 2022
2,911
917
3,828
At 31 October 2021
3,550
1,119
4,669
ADDILYN GROUP LIMITED
Notes to the Accounts
for the year ended 31 October 2022
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
7,768
-
Taxes and social security
2,683
2,311
Other creditors
2,000
2,400
Loans from directors
624
4,515
Accruals- Employees wages for the month of October.
6
Creditors: amounts falling due after more than one year
2022
2021
7
Average number of employees
During the year the average number of employees was 20 (2021: 18).