Registered number 12130155 ## DARUL TA'LEEM Report and Accounts 31 July 2023 **DARUL TA'LEEM Registered number: 12130155 Directors' Report** The directors present their report and accounts for the year ended 31 July 2023. ## **Directors** The following persons served as directors during the year: Sajjaad Hamid Shakeel Akhtar Akhtar Hussain ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 27 April 2024 and signed on its behalf. Sajjaad Hamid Director 1 ## **DARUL TA'LEEM Registered number:** 12130155 **Balance Sheet as at 31 July 2023** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
4
**Net current (liabilities)/assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
5
**Net liabilities**
**Capital and reserves**
Profit and loss account
**Shareholder's funds**|615
(763)|**2023**
**£**
498
(148)
350
(3,522)
(3,172)
(3,172)
(3,172)|**2022**
**£**
607
2,787
(763)
2,024
2,631
(4,983)
(2,352)
(2,352)
(2,352)| |---|---|---|---| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The member has not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Sajjaad Hamid Director Approved by the board on 27 April 2024 2 ## **DARUL TA'LEEM Profit and Loss Account for the year ended 31 July 2023** |**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
**Operating (loss)/profit**
**(Loss)/profit before taxation**
Tax on (loss)/profit
**(Loss)/profit for the financial year**|**2023**
**£**
4,000
(3,676)
324
(1,144)
(820)
(820)
-
(820)|**2022**
**£**
3,574
(1,896)
1,678
(1,292)
386
386
-
386| |---|---|---| 3 **DARUL TA'LEEM Notes to the Accounts for the year ended 31 July 2023** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Turnover**_ Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: ## Plant and machinery 18% reducing balance ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |**2**
**Employees**
Average number of persons employed by the company
**3**
**Tangible fixed assets**
**Cost**
At 1 August 2022
At 31 July 2023
**Depreciation**
At 1 August 2022
Charge for the year
At 31 July 2023|**2023**
**Number**
0|**2022**
**Number**
0
**Plant and**
**machinery**
**etc**
**£**
1,100
1,100
493
109
602| |---|---|---| 4 ## **DARUL TA'LEEM Notes to the Accounts for the year ended 31 July 2023** |**Net book value**
At 31 July 2023
At 31 July 2022
**4**
**Creditors: amounts falling due within one year**
Trade creditors
**5**
**Creditors: amounts falling due after one year**
Other creditors|**2023**
**£**
763
**2023**
**£**
3,522|498
607
**2022**
**£**
763
**2022**
**£**
4,983| |---|---|---| ## **6 Other information** DARUL TA'LEEM is a private company limited by shares and incorporated in England. Its registered office is: 15 Leopold Street Birmingham B12 0UP 5 ## **DARUL TA'LEEM Detailed profit and loss account for the year ended 31 July 2023** _This schedule does not form part of the statutory accounts_ |**Sales**
Cost of sales
**Gross profit**
Administrative expenses
**Operating (loss)/profit**
**(Loss)/profit before tax**|**2023**
**£**
4,000
(3,676)
324
(1,144)
(820)
(820)|**2022**
**£**
3,574
(1,896)
1,678
(1,292)
386
386| |---|---|---| 6 ## **DARUL TA'LEEM Detailed profit and loss account for the year ended 31 July 2023** _This schedule does not form part of the statutory accounts_ |**Sales**
Sales
**Cost of sales**
Other direct costs
**Administrative expenses**
General administrative expenses:
Telephone and internet
Stationery and printing
Bank charges
Depreciation
Legal and professional costs:
Accountancy fees
Other legal and professional|**2023**
**£**
4,000
3,676
168
44
60
109
381
750
13
763
1,144|**2022**
**£**
3,574
1,896
228
131
37
133
529
750
13
763
1,292| |---|---|---| 7