2022-04-012023-03-312023-03-31false10485184AIJ PROPERTIES LTD2023-10-18iso4217:GBPxbrli:pure104851842022-04-01104851842023-03-31104851842022-04-012023-03-31104851842021-04-01104851842022-03-31104851842021-04-012022-03-3110485184bus:SmallEntities2022-04-012023-03-3110485184bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3110485184bus:FullAccounts2022-04-012023-03-3110485184bus:PrivateLimitedCompanyLtd2022-04-012023-03-3110485184core:WithinOneYear2023-03-3110485184core:AfterOneYear2023-03-3110485184core:WithinOneYear2022-03-3110485184core:AfterOneYear2022-03-3110485184core:ShareCapital2023-03-3110485184core:SharePremium2023-03-3110485184core:RevaluationReserve2023-03-3110485184core:OtherReservesSubtotal2023-03-3110485184core:RetainedEarningsAccumulatedLosses2023-03-3110485184core:ShareCapital2022-03-3110485184core:SharePremium2022-03-3110485184core:RevaluationReserve2022-03-3110485184core:OtherReservesSubtotal2022-03-3110485184core:RetainedEarningsAccumulatedLosses2022-03-3110485184core:LandBuildings2023-03-3110485184core:PlantMachinery2023-03-3110485184core:Vehicles2023-03-3110485184core:FurnitureFittings2023-03-3110485184core:OfficeEquipment2023-03-3110485184core:NetGoodwill2023-03-3110485184core:IntangibleAssetsOtherThanGoodwill2023-03-3110485184core:ListedExchangeTraded2023-03-3110485184core:UnlistedNon-exchangeTraded2023-03-3110485184core:LandBuildings2022-03-3110485184core:PlantMachinery2022-03-3110485184core:Vehicles2022-03-3110485184core:FurnitureFittings2022-03-3110485184core:OfficeEquipment2022-03-3110485184core:NetGoodwill2022-03-3110485184core:IntangibleAssetsOtherThanGoodwill2022-03-3110485184core:ListedExchangeTraded2022-03-3110485184core:UnlistedNon-exchangeTraded2022-03-3110485184core:LandBuildings2022-04-012023-03-3110485184core:PlantMachinery2022-04-012023-03-3110485184core:Vehicles2022-04-012023-03-3110485184core:FurnitureFittings2022-04-012023-03-3110485184core:OfficeEquipment2022-04-012023-03-3110485184core:NetGoodwill2022-04-012023-03-3110485184core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110485184core:ListedExchangeTraded2022-04-012023-03-3110485184core:UnlistedNon-exchangeTraded2022-04-012023-03-3110485184core:MoreThanFiveYears2022-04-012023-03-3110485184core:Non-currentFinancialInstruments2023-03-3110485184core:Non-currentFinancialInstruments2022-03-3110485184dpl:CostSales2022-04-012023-03-3110485184dpl:DistributionCosts2022-04-012023-03-3110485184dpl:AdministrativeExpenses2022-04-012023-03-3110485184core:LandBuildings2022-04-012023-03-3110485184core:PlantMachinery2022-04-012023-03-3110485184core:Vehicles2022-04-012023-03-3110485184core:FurnitureFittings2022-04-012023-03-3110485184core:OfficeEquipment2022-04-012023-03-3110485184core:NetGoodwill2022-04-012023-03-3110485184core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110485184dpl:GroupUndertakings2022-04-012023-03-3110485184dpl:ParticipatingInterests2022-04-012023-03-3110485184dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110485184core:ListedExchangeTraded2022-04-012023-03-3110485184dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110485184core:UnlistedNon-exchangeTraded2022-04-012023-03-3110485184dpl:CostSales2021-04-012022-03-3110485184dpl:DistributionCosts2021-04-012022-03-3110485184dpl:AdministrativeExpenses2021-04-012022-03-3110485184core:LandBuildings2021-04-012022-03-3110485184core:PlantMachinery2021-04-012022-03-3110485184core:Vehicles2021-04-012022-03-3110485184core:FurnitureFittings2021-04-012022-03-3110485184core:OfficeEquipment2021-04-012022-03-3110485184core:NetGoodwill2021-04-012022-03-3110485184core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3110485184dpl:GroupUndertakings2021-04-012022-03-3110485184dpl:ParticipatingInterests2021-04-012022-03-3110485184dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3110485184core:ListedExchangeTraded2021-04-012022-03-3110485184dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3110485184core:UnlistedNon-exchangeTraded2021-04-012022-03-3110485184core:NetGoodwill2023-03-3110485184core:IntangibleAssetsOtherThanGoodwill2023-03-3110485184core:LandBuildings2023-03-3110485184core:PlantMachinery2023-03-3110485184core:Vehicles2023-03-3110485184core:FurnitureFittings2023-03-3110485184core:OfficeEquipment2023-03-3110485184core:AfterOneYear2023-03-3110485184core:WithinOneYear2023-03-3110485184core:ListedExchangeTraded2023-03-3110485184core:UnlistedNon-exchangeTraded2023-03-3110485184core:ShareCapital2023-03-3110485184core:SharePremium2023-03-3110485184core:RevaluationReserve2023-03-3110485184core:OtherReservesSubtotal2023-03-3110485184core:RetainedEarningsAccumulatedLosses2023-03-3110485184core:NetGoodwill2022-03-3110485184core:IntangibleAssetsOtherThanGoodwill2022-03-3110485184core:LandBuildings2022-03-3110485184core:PlantMachinery2022-03-3110485184core:Vehicles2022-03-3110485184core:FurnitureFittings2022-03-3110485184core:OfficeEquipment2022-03-3110485184core:AfterOneYear2022-03-3110485184core:WithinOneYear2022-03-3110485184core:ListedExchange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AIJ PROPERTIES LTD

Registered Number
10485184
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

AIJ PROPERTIES LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

HUSSAIN, Adam Jamal, Dr
HUSSAIN, Isaac, Dr
HUSSAIN, Jacqueline

Registered Address

Fulford Lodge
1 Heslington Lane
York
YO10 4HW

Registered Number

10485184 (England and Wales)
AIJ PROPERTIES LTD
Statement of Financial Position
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets71,039,912401,189
1,039,912401,189
Current assets
Debtors94,690-
Cash at bank and on hand159,763129,587
164,453129,587
Creditors amounts falling due within one year10(1,151,343)(495,466)
Net current assets (liabilities)(986,890)(365,879)
Total assets less current liabilities53,02235,310
Net assets53,02235,310
Capital and reserves
Called up share capital21
Profit and loss account53,02035,309
Shareholders' funds53,02235,310
The financial statements were approved and authorised for issue by the Board of Directors on 18 October 2023, and are signed on its behalf by:
HUSSAIN, Adam Jamal, Dr
Director
HUSSAIN, Jacqueline
Director

Registered Company No. 10485184
AIJ PROPERTIES LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company during the year was that of real estate.
4.Basis of measurement used in financial statements
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).
5.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Revenue is income from rents receivable and is recognised in accordance with the agreed terms of the relevant lease agreements.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Going concern
Following the challenges arising as a consequence of the Covid-19 pandemic in 2020/21, more latterly the UK economy has been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company’s trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it, and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
6.Employee information

20232022
Average number of employees during the year00
7.Property, plant and equipment

Land & buildings

Total

££
Cost or valuation
At 01 April 22401,189401,189
Additions638,723638,723
At 31 March 231,039,9121,039,912
Net book value
At 31 March 231,039,9121,039,912
At 31 March 22401,189401,189
8.Description of nature of transactions and balances with related parties
The directors operate a directors loan account with the company. At 31 March 2023 the company owed the director £634,731 (2022: £732). This was the maximum outstanding during the year. This amount is repayable upon demand.
9.Debtors

2023

2022

££
Trade debtors / trade receivables4,690-
Total4,690-
10.Creditors within one year

2023

2022

££
Amounts owed to related parties485,000485,000
Taxation and social security7,2102,169
Other creditors634,731732
Accrued liabilities and deferred income24,4027,565
Total1,151,343495,466
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.