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Company Registration No. 11835542 (England and Wales)
SHAHEEN AND SONS PROPERTIES LIMITED Unaudited accounts for the period from 1 March 2023 to 28 February 2024
SHAHEEN AND SONS PROPERTIES LIMITED Unaudited accounts Contents
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SHAHEEN AND SONS PROPERTIES LIMITED Company Information for the period from 1 March 2023 to 28 February 2024
Directors
Tabassum SHAHEEN Shazeeba Kausar
Company Number
11835542 (England and Wales)
Registered Office
268 Bath Road Slough SL1 4DX
Accountants
Asmat & Co 84 High Street Slough Berkshire SL1 1EL
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SHAHEEN AND SONS PROPERTIES LIMITED Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,461 
28,567 
Current assets
Inventories
678,888 
678,888 
Debtors
845,217 
826,256 
Cash at bank and in hand
139,323 
248,029 
1,663,428 
1,753,173 
Creditors: amounts falling due within one year
(103,081)
(107,838)
Net current assets
1,560,347 
1,645,335 
Total assets less current liabilities
1,583,808 
1,673,902 
Creditors: amounts falling due after more than one year
(1,545,980)
(1,636,891)
Net assets
37,828 
37,011 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
37,826 
37,009 
Shareholders' funds
37,828 
37,011 
For the period ending 28 February 2024 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 18 April 2024 and were signed on its behalf by
Tabassum SHAHEEN Director Company Registration No. 11835542
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SHAHEEN AND SONS PROPERTIES LIMITED Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
SHAHEEN AND SONS PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11835542. The registered office is 268 Bath Road, Slough, SL1 4DX.
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 period, 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:
Motor vehicles
15%
Computer equipment
20%
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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SHAHEEN AND SONS PROPERTIES LIMITED Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
33,373 
500 
33,873 
At 28 February 2024
33,373 
500 
33,873 
Depreciation
At 1 March 2023
5,006 
300 
5,306 
Charge for the period
5,006 
100 
5,106 
At 28 February 2024
10,012 
400 
10,412 
Net book value
At 28 February 2024
23,361 
100 
23,461 
At 28 February 2023
28,367 
200 
28,567 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
19,823 
862 
Amounts falling due after more than one year
Other debtors
825,394 
825,394 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
103,081 
107,838 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
1,194,196 
1,285,107 
Loans from directors
351,784 
351,784 
1,545,980 
1,636,891 
8
Average number of employees
During the period the average number of employees was 2 (2023: 3).
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