Company Registration No. 12290987 (England and Wales)
ALI & BARROW SOLICITORS LTD
Unaudited accounts
for the year ended 31 October 2022
ALI & BARROW SOLICITORS LTD
Unaudited accounts
Contents
ALI & BARROW SOLICITORS LTD
Company Information
for the year ended 31 October 2022
Directors
Miss. Fowzia Dahir ABDI
Miss.Maryam Ali SUFI
Company Number
12290987 (England and Wales)
Registered Office
100 BISHOPSGATE
LONDON
EC2N 4AG
ENGLAND
Accountants
Farshan & Co
Accountants & Tax Advisers
Suite 1, 2 Britannia Street
Leicester
LE1 3LE
ALI & BARROW SOLICITORS LTD
Statement of financial position
as at 31 October 2022
Tangible assets
3,959
4,828
Cash at bank and in hand
25,559
36,142
Creditors: amounts falling due within one year
(28,903)
(13,930)
Net current (liabilities)/assets
(3,344)
22,212
Called up share capital
2
2
Profit and loss account
613
27,038
Shareholders' funds
615
27,040
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 30 October 2023 and were signed on its behalf by
Miss.Maryam Ali SUFI
Director
Company Registration No. 12290987
ALI & BARROW SOLICITORS LTD
Notes to the Accounts
for the year ended 31 October 2022
ALI & BARROW SOLICITORS LTD is a private company, limited by shares, registered in England and Wales, registration number 12290987. The registered office is 100 BISHOPSGATE, LONDON, EC2N 4AG, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2021
794
5,355
6,149
At 31 October 2022
794
5,355
6,149
At 1 November 2021
191
1,130
1,321
Charge for the year
109
760
869
At 31 October 2022
300
1,890
2,190
At 31 October 2022
494
3,465
3,959
At 31 October 2021
603
4,225
4,828
ALI & BARROW SOLICITORS LTD
Notes to the Accounts
for the year ended 31 October 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
11,864
6,692
Other creditors
17,039
5,489
Loans from directors
-
1,749
6
Average number of employees
During the year the average number of employees was 9 (2021: 9).