Company Registration No. 10135790 (England and Wales)
SIDDIQUI PROPERTIES LTD
Unaudited accounts
for the year ended 30 April 2023
SIDDIQUI PROPERTIES LTD
Unaudited accounts
Contents
SIDDIQUI PROPERTIES LTD
Company Information
for the year ended 30 April 2023
Directors
HABIB UR REHMAN SIDDIQUI
MUHAMMAD MUBASHIR SIDDIQUI
Company Number
10135790 (England and Wales)
Registered Office
4 SANDY BROOK DRIVE
MANCHESTER
County (optional)
M9 8NY
United Kingdom
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of SIDDIQUI PROPERTIES LTD (The Company) for the year ended 30 April 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 30 April 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated 1 July 2021. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 30 April 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Financial Accountants
3 January 2024
SIDDIQUI PROPERTIES LTD
Statement of financial position
as at 30 April 2023
Tangible assets
451,616
451,616
Cash at bank and in hand
70,127
22,686
Creditors: amounts falling due within one year
1,374
(7,192)
Net current assets
71,501
15,494
Total assets less current liabilities
523,117
467,110
Creditors: amounts falling due after more than one year
(504,177)
(454,482)
Called up share capital
1,000
1,000
Profit and loss account
17,940
11,628
Shareholders' funds
18,940
12,628
For the year ending 30 April 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 3 January 2024 and were signed on its behalf by
HABIB UR REHMAN SIDDIQUI
Director
Company Registration No. 10135790
SIDDIQUI PROPERTIES LTD
Notes to the Accounts
for the year ended 30 April 2023
SIDDIQUI PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 10135790. The registered office is 4 SANDY BROOK DRIVE, MANCHESTER, County (optional), M9 8NY, 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.
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.
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:
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,498
1,437
Other creditors
1,600
2,450
Loans from directors
(4,122)
2,805
SIDDIQUI PROPERTIES LTD
Notes to the Accounts
for the year ended 30 April 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
335,706
336,765
Loans from directors
168,471
117,717
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).