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
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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
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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 |
|---|---|---|
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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 |
|---|---|---|
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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
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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 |
|---|---|---|
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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 |
|---|---|---|
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