1 March 2022 false No description of principal activity Taxfiler 2023.10.1 12483141business:PrivateLimitedCompanyLtd2022-03-012023-02-28 124831412022-02-28 124831412022-03-012023-02-28 12483141business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 12483141business:FilletedAccounts2022-03-012023-02-28 124831412023-02-28 12483141business:Director12022-03-012023-02-28 12483141business:RegisteredOffice2022-03-012023-02-28 124831412022-02-28 12483141core:AfterOneYear2023-02-28 12483141core:AfterOneYear2022-02-28 12483141core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 12483141core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 12483141core:PreviouslyStatedAmount2023-02-28 12483141core:PreviouslyStatedAmount2022-02-28 12483141business:SmallEntities2022-03-012023-02-28 12483141countries:EnglandWales2022-03-012023-02-28 12483141core:LandBuildings2022-02-28 12483141core:LandBuildings2022-03-012023-02-28 12483141core:LandBuildings2023-02-28 12483141core:AfterOneYear2022-03-012023-02-28 124831412021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 12483141 (England and Wales)
ASHEZ PROPERTIES LTD Unaudited accounts for the year ended 28 February 2023
ASHEZ PROPERTIES LTD Unaudited accounts Contents
Page
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ASHEZ PROPERTIES LTD Company Information for the year ended 28 February 2023
Director
Md Mizanur RAHMAN
Company Number
12483141 (England and Wales)
Registered Office
35 DONGOLA ROAD LONDON E13 0AY UNITED KINGDOM
Accountants
S&Y Accountants Ltd 146A Cranbrook Road ILFORD Essex IG1 4LZ
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ASHEZ PROPERTIES LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
886,130 
470,507 
Current assets
Debtors
2,000 
- 
Cash at bank and in hand
9,578 
71,070 
11,578 
71,070 
Net current assets
11,578 
71,070 
Total assets less current liabilities
897,708 
541,577 
Creditors: amounts falling due after more than one year
(919,843)
(551,760)
Net liabilities
(22,135)
(10,183)
Capital and reserves
Profit and loss account
(22,135)
(10,183)
Shareholders' funds
(22,135)
(10,183)
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 27 November 2023 and were signed on its behalf by
Md Mizanur RAHMAN Director Company Registration No. 12483141
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ASHEZ PROPERTIES LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
ASHEZ PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12483141. The registered office is 35 DONGOLA ROAD, LONDON, E13 0AY, UNITED KINGDOM.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Tangible fixed: Land/Buildings: 1. 931A Romford Road Manor Park E12 5JT 2. 26 Meads Court, 38 Carnvaran Road, London E15 4LB 3. 200 London Road, Romford, RM7 9ER
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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ASHEZ PROPERTIES LTD Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2022
470,507 
Additions
415,623 
At 28 February 2023
886,130 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
886,130 
At 28 February 2022
470,507 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
2,000 
- 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,271 
16,649 
Other creditors
637,000 
343,000 
Loans from directors
270,572 
192,111 
919,843 
551,760 
Other creditors of £637,000 is the bank mortgage loan against the three properties: 1. 931A Romford Road Manor Park E12 5JT 2. 26 Meads Court, 38 Carnvaran Road, London E15 4LB 3. 200 London Road, Romford, RM7 9ER
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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