NOOR ESTATES LTD

Company Registration Number:
08827240 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

NOOR ESTATES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NOOR ESTATES LTD

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal activities of the company

Property Investments



Directors

The director shown below has held office during the whole of the period from
1 January 2022 to 31 December 2022

Umar Mahmood


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 September 2023

And signed on behalf of the board by:
Name: Umar Mahmood
Status: Director

NOOR ESTATES LTD

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 45,175 52,875
Gross profit(or loss): 45,175 52,875
Administrative expenses: ( 15,495 ) ( 60,672 )
Operating profit(or loss): 29,680 (7,797)
Interest payable and similar charges: ( 19,220 ) ( 9,127 )
Profit(or loss) before tax: 10,460 (16,924)
Tax: ( 235 )
Profit(or loss) for the financial year: 10,225 (16,924)

NOOR ESTATES LTD

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 805,742 310,000
Total fixed assets: 805,742 310,000
Current assets
Debtors: 4 13,200 180,420
Cash at bank and in hand: 201
Total current assets: 13,401 180,420
Creditors: amounts falling due within one year: 5 ( 13,034 ) ( 5,405 )
Net current assets (liabilities): 367 175,015
Total assets less current liabilities: 806,109 485,015
Creditors: amounts falling due after more than one year: 6 ( 654,576 ) ( 493,707 )
Total net assets (liabilities): 151,533 (8,692)
Capital and reserves
Called up share capital: 150,004 4
Profit and loss account: 1,529 (8,696 )
Total Shareholders' funds: 151,533 (8,692)

The notes form part of these financial statements

NOOR ESTATES LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 September 2023
and signed on behalf of the board by:

Name: Umar Mahmood
Status: Director

The notes form part of these financial statements

NOOR ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    All Revenue is Net of VAT

    Tangible fixed assets depreciation policy

    25% Reducing Balance

NOOR ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 1 1

NOOR ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 310,000 0 310,000
Additions 492,592 3,500 496,092
Disposals
Revaluations
Transfers
At 31 December 2022 802,592 3,500 806,092
Depreciation
At 1 January 2022 0 0
Charge for year 350 350
On disposals
Other adjustments
At 31 December 2022 350 350
Net book value
At 31 December 2022 802,592 3,150 805,742
At 31 December 2021 310,000 0 310,000

NOOR ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
£ £
Trade debtors 13,200 13,988
Other debtors 166,432
Total 13,200 180,420

NOOR ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 11,299 1,918
Taxation and social security 235 2,287
Accruals and deferred income 1,500 1,200
Total 13,034 5,405

NOOR ESTATES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Bank loans and overdrafts 427,668 211,085
Amounts due under finance leases and hire purchase contracts 226,908 282,622
Total 654,576 493,707