Accounts Submission
Accounts Submission
TAIBAH LIMITED
Company Registration Number:
10565586
(England and Wales)
Unaudited statutory accounts for the year ended 31 January 2019
Period of accounts
Start date: 01 February 2018
End date: 31 January 2019
TAIBAH LIMITED
Contents of the Financial Statements
for the Period Ended 31 January 2019
Company Information - 3 | |
Balance sheet - 4 | |
Additional notes - 6 | |
Balance sheet notes - 7 |
TAIBAH LIMITED
Company Information
for the Period Ended 31 January 2019
Director: |
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Registered office: |
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Company Registration Number: |
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TAIBAH LIMITED
Balance sheet
As at
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2019 £ |
13 months to 31 Jan 2018 £ |
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Fixed assets | |||
Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 4 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 5 |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
TAIBAH LIMITED
Balance sheet continued
As at 31 January 2019
Notes |
2019 £ |
13 months to 31 Jan 2018 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
TAIBAH LIMITED
Notes to the Financial Statements
for the Period Ended 31 January 2019
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts. Tangible fixed assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation less any residual value over their expected useful economic life. Fixtures and Fittings at 20% of the cost. Office Equipment at 25% of the cost. Intangible fixed assets amortisation policy
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Valuation information and policy
Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. Other accounting policies
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and Development Expenditure on research and development is written off in the year in which it is incurred. Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are expected to apply in the periods when the timing differences will reverse and has not been discounted.
TAIBAH LIMITED
Notes to the Financial Statements
for the Period Ended 31 January 2019
2. Tangible assets
Fixtures & fittings | Office equipment | Total | |
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Cost | £ | £ | £ |
At 01 February 2018 |
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Additions | - | - | - |
Disposals | - | - | - |
Revaluations | - | - | - |
Transfers | - | - | - |
At 31 January 2019 |
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Depreciation | |||
At 01 February 2018 |
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Charge for year |
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On disposals | - | - | - |
Other adjustments | - | - | - |
At 31 January 2019 |
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Net book value | |||
At 31 January 2019 |
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At 31 January 2018 |
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TAIBAH LIMITED
Notes to the Financial Statements
for the Period Ended 31 January 2019
3. Debtors
2019 £ |
13 months to 31 Jan 2018 £ |
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Trade debtors |
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Total |
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TAIBAH LIMITED
Notes to the Financial Statements
for the Period Ended 31 January 2019
4.Creditors: amounts falling due within one year note
2019 £ |
13 months to 31 Jan 2018 £ |
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Other creditors |
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Total |
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TAIBAH LIMITED
Notes to the Financial Statements
for the Period Ended 31 January 2019
5.Creditors: amounts falling due after more than one year
2019 £ |
13 months to 31 Jan 2018 £ |
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Other creditors |
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Total |
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