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Company Registration No. 12882574 (England and Wales)
AQUILA PROPERTY DEVELOPMENT LIMITED Unaudited accounts for the year ended 30 September 2023
AQUILA PROPERTY DEVELOPMENT LIMITED Unaudited accounts Contents
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AQUILA PROPERTY DEVELOPMENT LIMITED Company Information for the year ended 30 September 2023
Directors
YAWAR RISHAD CHOUDHRY SALEEM AKBAR BEG
Company Number
12882574 (England and Wales)
Registered Office
62 VIRGINIA ROAD THORNTON HEATH CR7 8EJ ENGLAND
Accountants
Nationwide Accountants 704 London Road North Cheam Sutton Surrey SM3 9BY
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AQUILA PROPERTY DEVELOPMENT LIMITED Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
346 
432 
Investment property
1,999,931 
1,308,460 
2,000,277 
1,308,892 
Current assets
Cash at bank and in hand
193,869 
3,884 
Creditors: amounts falling due within one year
(613)
(493)
Net current assets
193,256 
3,391 
Total assets less current liabilities
2,193,533 
1,312,283 
Creditors: amounts falling due after more than one year
(2,214,225)
(1,319,181)
Net liabilities
(20,692)
(6,898)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(20,694)
(6,900)
Shareholders' funds
(20,692)
(6,898)
For the year ending 30 September 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
YAWAR RISHAD CHOUDHRY Director Company Registration No. 12882574
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AQUILA PROPERTY DEVELOPMENT LIMITED Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
AQUILA PROPERTY DEVELOPMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12882574. The registered office is 62 VIRGINIA ROAD, THORNTON HEATH, CR7 8EJ, 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.
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:
Computer equipment
20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2022
675 
At 30 September 2023
675 
Depreciation
At 1 October 2022
243 
Charge for the year
86 
At 30 September 2023
329 
Net book value
At 30 September 2023
346 
At 30 September 2022
432 
5
Investment property
2023 
£ 
Fair value at 1 October 2022
1,308,460 
Additions
691,471 
At 30 September 2023
1,999,931 
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AQUILA PROPERTY DEVELOPMENT LIMITED Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Accruals
613 
493 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
907,051 
- 
Loans from directors
1,307,174 
1,319,181 
2,214,225 
1,319,181 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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