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REGISTERED NUMBER: 11699274






















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2022 TO 31 DECEMBER 2023

FOR

ASET PROPERTY CONSULTANTS LTD

ASET PROPERTY CONSULTANTS LTD (REGISTERED NUMBER: 11699274)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ASET PROPERTY CONSULTANTS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023







DIRECTOR: Mr H T Ustuner





SECRETARY:





REGISTERED OFFICE: First Floor Office
34 Great Queen Street
London
WC2B 5AA





REGISTERED NUMBER: 11699274





ACCOUNTANTS: NYO Chartered Accountants and Registered Auditors
First Floor Office
34 Great Queen Street
London
WC2B 5AA

ASET PROPERTY CONSULTANTS LTD (REGISTERED NUMBER: 11699274)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 100
Investments 5 80 -
80 100

CURRENT ASSETS
Debtors 6 440,635 20
Cash at bank 12,709 500,411
453,344 500,431
CREDITORS
Amounts falling due within one year 7 405,936 442,342
NET CURRENT ASSETS 47,408 58,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,488

58,189

CAPITAL AND RESERVES
Called up share capital 8 20,000 20,000
Retained earnings 9 27,488 38,189
SHAREHOLDERS' FUNDS 47,488 58,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 February 2024 and were signed by:



Mr H T Ustuner - Director


ASET PROPERTY CONSULTANTS LTD (REGISTERED NUMBER: 11699274)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Aset Property Consultants Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

INVESTMENTS IN ASSOCIATES
Investments in associate undertakings are recognised at cost.

TAXATION
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

ASET PROPERTY CONSULTANTS LTD (REGISTERED NUMBER: 11699274)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2022
and 31 December 2023 500
AMORTISATION
At 1 September 2022 400
Charge for period 100
At 31 December 2023 500
NET BOOK VALUE
At 31 December 2023 -
At 31 August 2022 100

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
Additions 80
At 31 December 2023 80
NET BOOK VALUE
At 31 December 2023 80

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.8.22
£    £   
Trade debtors 3,345 20
Amounts owed by group undertakings 437,290 -
440,635 20

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.8.22
£    £   
Trade creditors 249 248
Tax (2,843 ) 12,084
Social security and other taxes 582 -
Net wages 4,992 2,004
Directors' current accounts 401,206 426,506
Accrued expenses 1,750 1,500
405,936 442,342

ASET PROPERTY CONSULTANTS LTD (REGISTERED NUMBER: 11699274)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2022 TO 31 DECEMBER 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.8.22
value: £    £   
20,000 Ordinary 1 20,000 20,000

9. RESERVES
Retained
earnings
£   

At 1 September 2022 38,189
Profit for the period 39,299
Dividends (50,000 )
At 31 December 2023 27,488