2022-08-01 2023-07-31 false Capium Accounts Production 1.1 10868918 bus:AbridgedAccounts 2022-08-01 2023-07-31 10868918 bus:FRS102 2022-08-01 2023-07-31 10868918 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 10868918 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 10868918 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10868918 2022-08-01 2023-07-31 10868918 2023-07-31 10868918 bus:RegisteredOffice 2022-08-01 2023-07-31 10868918 core:WithinOneYear 2023-07-31 10868918 core:AfterOneYear 2023-07-31 10868918 bus:Director1 2022-08-01 2023-07-31 10868918 bus:Director1 2023-07-31 10868918 bus:Director1 2021-08-01 2022-07-31 10868918 2021-08-01 10868918 bus:CompanySecretary1 2022-08-01 2023-07-31 10868918 bus:LeadAgentIfApplicable 2022-08-01 2023-07-31 10868918 2021-08-01 2022-07-31 10868918 2022-07-31 10868918 core:WithinOneYear 2022-07-31 10868918 core:AfterOneYear 2022-07-31 10868918 bus:EntityAccountantsOrAuditors 2021-08-01 2022-07-31 10868918 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 10868918 bus:OrdinaryShareClass1 2023-07-31 10868918 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 10868918 bus:OrdinaryShareClass1 2022-07-31 10868918 core:LandBuildings 2022-08-01 2023-07-31 10868918 core:LandBuildings 2023-07-31 10868918 core:LandBuildings 2022-07-31 10868918 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 10868918 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-07-31 10868918 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 10868918 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 10868918 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-07-31 10868918 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 10868918 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 10868918 core:Non-currentFinancialInstruments 2023-07-31 10868918 core:Non-currentFinancialInstruments 2022-07-31 10868918 core:ShareCapital 2023-07-31 10868918 core:ShareCapital 2022-07-31 10868918 core:RetainedEarningsAccumulatedLosses 2023-07-31 10868918 core:RetainedEarningsAccumulatedLosses 2022-07-31 10868918 dpl:Item1 2022-08-01 10868918 dpl:Item1 2023-07-31 10868918 dpl:Item1 2021-08-01 10868918 dpl:Item1 2022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 10868918
England and Wales

 

 

 

IKRA PROPERTY LTD


Abridged Accounts
 


Period of accounts

Start date: 01 August 2022

End date: 31 July 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 902,323    440,323 
902,323    440,323 
Current assets      
Cash at bank and in hand 613,207    27,977 
Creditors: amount falling due within one year (206,311)   (17,192)
Net current assets 406,896    10,785 
 
Total assets less current liabilities 1,309,219    451,108 
Creditors: amount falling due after more than one year (1,212,050)   (376,013)
Net assets 97,169    75,095 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 97,069    74,995 
Shareholder's funds 97,169    75,095 
 


For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 15 March 2024 and were signed by:


-------------------------------
Tariq Nazir
Director
1
General Information
IKRA PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 10868918, registration address UNIT 1 K9 ESTATE, COLD HARBOUR LANE , RAINHAM, RM13 9YH.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2.

Average number of employees

Average number of employees during the year was 0 (2022 : 0).
3.

Tangible fixed assets

Cost or valuation Land and buildings   Total
  £   £
At 01 August 2022 440,323    440,323 
Additions 462,000    462,000 
Disposals  
At 31 July 2023 902,323    902,323 
Depreciation
At 01 August 2022  
Charge for year  
On disposals  
At 31 July 2023  
Net book values
Closing balance as at 31 July 2023 902,323    902,323 
Opening balance as at 01 August 2022 440,323    440,323 


4.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
100 Class A shares of £1.00 each 100    100 
100    100 

2