Company Registration No. 5641654 (England and Wales)
AWAN PROPERTY INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 March 2023
AWAN PROPERTY INVESTMENTS LIMITED
Unaudited accounts
Contents
AWAN PROPERTY INVESTMENTS LIMITED
Company Information
for the year ended 31 March 2023
Directors
Ahmed Jamal Nasir Awan
Adam Khan Awan
Salman Mohammed Awan
Company Number
5641654 (England and Wales)
Registered Office
KHYBER BUILDING
HEATON STREET HOCKLEY
BIRMINGHAM
WEST MIDLANDS
B18 5BB
Accountants
Mayfield
1st Floor, 5 Highgate Business Centre
Highgate Road
Birmingham
B12 8EA
AWAN PROPERTY INVESTMENTS LIMITED
Statement of financial position
as at 31 March 2023
Investment property
2,500,000
2,500,000
Cash at bank and in hand
15,218
252,146
Creditors: amounts falling due within one year
(18,193)
(29,065)
Net current assets
535,157
457,021
Net assets
3,085,161
3,007,025
Called up share capital
156
156
Capital redemption reserve
1,941,078
1,941,078
Profit and loss account
1,143,927
1,065,791
Shareholders' funds
3,085,161
3,007,025
For the year ending 31 March 2023 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by
Ahmed Jamal Nasir Awan
Director
Company Registration No. 5641654
AWAN PROPERTY INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
AWAN PROPERTY INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5641654. The registered office is KHYBER BUILDING, HEATON STREET HOCKLEY, BIRMINGHAM, WEST MIDLANDS, B18 5BB.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents total invoiced for the rental income received during the year.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 April 2022
2,500,000
At 31 March 2023
2,500,000
AWAN PROPERTY INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
6
Investments
Subsidiary undertakings
Valuation at 1 April 2022
50,004
Valuation at 31 March 2023
50,004
Amounts falling due within one year
Amounts due from group undertakings etc.
297,886
178,396
Deferred tax asset
617
752
8
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
18,193
29,065
9
Deferred taxation
2023
2022
Accelerated capital allowances
(617)
(752)
Provision at start of year
(752)
(917)
Charged to the profit and loss account
135
165
Provision at end of year
(617)
(752)
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150
150
6 Ordinary shares - B of £1 each
6
6
11
Average number of employees
During the year the average number of employees was 0 (2022: 0).