Company Registration No. 12318208 (England and Wales)
FORKANIA EDUCATION & CULTURAL CENTRE ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 4 APRIL 2024
FORKANIA EDUCATION & CULTURAL CENTRE ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Directors' report | 4 |
| Accountants' report | 5 |
| Statement of income and retained earnings | 6 |
| Statement of financial position | 7 |
| Notes to the accounts | 8 |
| Detailed profit and loss account | 9 |
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FORKANIA EDUCATION & CULTURAL CENTRE COMPANY INFORMATION FOR THE YEAR ENDED 4 APRIL 2024
Directors Mohammed Imam HASAN Mohammad Nurul Islam KHAN Company Number 12318208 (England and Wales) Registered Office HIMALAYA PALACE CINEMA 14 SOUTH ROAD FIRST FLOOR, RIGHT SIDE SOUTHALL MIDDLESEX UB1 1RT ENGLAND Accountants Sheikh and Co Bow Business Centre 153-159 Bow Road London London E3 2SE
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FORKANIA EDUCATION & CULTURAL CENTRE (COMPANY NO: 12318208 ENGLAND AND WALES) DIRECTORS' REPORT
The directors present their report and accounts for the year ended 4 April 2024.
Directors
Mohammed Imam HASAN held office during the whole of the period.
Statement of directors' responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
............................................................................
Mohammed Imam HASAN Director
Approved by the board on: 31 December 2024
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ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY STATEMENTS OF FORKANIA EDUCATION & CULTURAL CENTRE (THE COMPANY) FOR THE YEAR ENDED 4 APRIL 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 4 April 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 4 April 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Sheikh and Co Financial Accountants
Bow Business Centre 153-159 Bow Road London London E3 2SE
31 December 2024
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FORKANIA EDUCATION & CULTURAL CENTRE STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED 4 APRIL 2024
| Turnover Administrative expenses Operating profit Profit on ordinary activities before taxation Tax on profit on ordinary activities Profit for the financial year Retained earnings at the start of the year Profit for the financial year Dividends Retained earnings at the end of the year |
2024 £ 39,341 (35,523) 3,818 3,818 - 3,818 56,080 3,818 - 59,898 |
2023 £ - - |
|---|---|---|
| - | ||
| - - |
||
| - | ||
| 56,080 - - |
||
| 56,080 |
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FORKANIA EDUCATION & CULTURAL CENTRE STATEMENT OF FINANCIAL POSITION AS AT 4 APRIL 2024
| Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Capital and reserves Profit and loss account Shareholders' funds |
2024 £ 116,404 (56,506) 59,898 59,898 59,898 59,898 |
2023 £ 112,586 (56,506) |
|---|---|---|
| 56,080 | ||
| 56,080 | ||
| 56,080 | ||
| 56,080 |
For the year ending 4 April 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared 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 financial statements were approved by the Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by
Mohammed Imam HASAN Director
Company Registration No. 12318208
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FORKANIA EDUCATION & CULTURAL CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 4 APRIL 2024
1 Statutory information
FORKANIA EDUCATION & CULTURAL CENTRE is a private company, limited by shares, registered in England and Wales, registration number 12318208. The registered office is HIMALAYA PALACE CINEMA 14 SOUTH ROAD, FIRST FLOOR, RIGHT SIDE, SOUTHALL, MIDDLESEX, UB1 1RT, 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.
3 Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
| 4 | Creditors: amounts falling due within one year | 2024 | 2023 |
|---|---|---|---|
| £ | £ | ||
| Other creditors | 56,506 | 56,506 |
5 Average number of employees
During the year the average number of employees was 0 (2023: 2).
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FORKANIA EDUCATION & CULTURAL CENTRE DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 4 APRIL 2024
This schedule does not form part of the statutory accounts.
| This schedule does not form part of the statutory accounts. | ||
|---|---|---|
| Turnover Sales Administrative expenses Rent Light and heat Telephone and fax Insurance Operating profit Profit on ordinary activities before taxation |
2024 £ 39,341 31,400 1,000 323 2,800 35,523 3,818 3,818 |
2023 £ - |
| - - - - |
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| - | ||
| - | ||
| - |
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