Company Registration No. 07393604 (England and Wales)
A M TAKAR LTD
Unaudited accounts
for the year ended 30 September 2022
A M TAKAR LTD
Unaudited accounts
Contents
A M TAKAR LTD
Company Information
for the year ended 30 September 2022
Director
Dr.Abdirashid Mohamud TAKAR
Company Number
07393604 (England and Wales)
Registered Office
7 GREEN LANE CLOSE
LEICESTER
LE5 4NJ
ENGLAND
Accountants
Farshan & Co
Accountants & Tax Advisers
Suite 1, 2 Britannia Street
Leicester
LE1 3LE
A M TAKAR LTD
Statement of financial position
as at 30 September 2022
Tangible assets
1,569
1,425
Cash at bank and in hand
12,385
759
Creditors: amounts falling due within one year
(11,847)
(7,657)
Net current assets/(liabilities)
538
(898)
Called up share capital
10
10
Profit and loss account
2,097
517
Shareholders' funds
2,107
527
For the year ending 30 September 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 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 23 May 2023 and were signed on its behalf by
Dr.Abdirashid Mohamud TAKAR
Director
Company Registration No. 07393604
A M TAKAR LTD
Notes to the Accounts
for the year ended 30 September 2022
A M TAKAR LTD is a private company, limited by shares, registered in England and Wales, registration number 07393604. The registered office is 7 GREEN LANE CLOSE, LEICESTER, LE5 4NJ, 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
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2021
3,595
1,350
4,945
At 30 September 2022
3,595
1,838
5,433
At 1 October 2021
3,078
442
3,520
Charge for the year
93
251
344
At 30 September 2022
3,171
693
3,864
At 30 September 2022
424
1,145
1,569
At 30 September 2021
517
908
1,425
A M TAKAR LTD
Notes to the Accounts
for the year ended 30 September 2022
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
11,379
7,657
7
Average number of employees
During the year the average number of employees was 4 (2021: 4).
