Company Registration No. 09555025 (England and Wales)
Amal Hassan Ltd
Unaudited accounts
for the year ended 31 March 2021
Amal Hassan Ltd
Unaudited accounts
Contents
Amal Hassan Ltd
Company Information
for the year ended 31 March 2021
Company Number
09555025 (England and Wales)
Registered Office
411 Davina House
137 - 149 Goswell Road
London
Greater London
EC1V 7ET
Accountants
Solid Ltd
410 Davina House
137-149 Goswell Road
London
EC1V 7ET
Amal Hassan Ltd
Statement of financial position
as at
31 March 2021
Tangible assets
2,522
3,343
Cash at bank and in hand
15,985
4,123
Creditors: amounts falling due within one year
(18,198)
(8,069)
Net current liabilities
(2,213)
(2,073)
Called up share capital
1
1
Profit and loss account
308
1,269
Shareholders' funds
309
1,270
For the year ending 31 March 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 her 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 22 December 2021 and were signed on its behalf by
Amal Hassan Nur
Director
Company Registration No. 09555025
Amal Hassan Ltd
Notes to the Accounts
for the year ended 31 March 2021
Amal Hassan Ltd is a private company, limited by shares, registered in England and Wales, registration number 09555025. The registered office is 411 Davina House, 137 - 149 Goswell Road, London, Greater London, EC1V 7ET.
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:
Computer equipment
straight line over 5 years
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Amal Hassan Ltd
Notes to the Accounts
for the year ended 31 March 2021
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,885
1,408
Taxes and social security
1,750
3,661
Loans from directors
5,883
3,000
7
Share capital
2021
2020
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).