2022-07-01 2023-06-30 false Capium Accounts Production 1.1 12071640 bus:AbridgedAccounts 2022-07-01 2023-06-30 12071640 bus:FRS102 2022-07-01 2023-06-30 12071640 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 12071640 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 12071640 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 12071640 2022-07-01 2023-06-30 12071640 2023-06-30 12071640 bus:RegisteredOffice 2022-07-01 2023-06-30 12071640 core:WithinOneYear 2023-06-30 12071640 core:AfterOneYear 2023-06-30 12071640 bus:Director1 2022-07-01 2023-06-30 12071640 bus:Director1 2023-06-30 12071640 bus:Director1 2021-07-01 2022-06-30 12071640 2021-07-01 12071640 bus:CompanySecretary1 2022-07-01 2023-06-30 12071640 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 12071640 2021-07-01 2022-06-30 12071640 2022-06-30 12071640 core:WithinOneYear 2022-06-30 12071640 core:AfterOneYear 2022-06-30 12071640 bus:EntityAccountantsOrAuditors 2021-07-01 2022-06-30 12071640 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 12071640 bus:OrdinaryShareClass1 2023-06-30 12071640 bus:OrdinaryShareClass1 2021-07-01 2022-06-30 12071640 bus:OrdinaryShareClass1 2022-06-30 12071640 core:LandBuildings 2022-07-01 2023-06-30 12071640 core:LandBuildings 2023-06-30 12071640 core:LandBuildings 2022-06-30 12071640 core:FurnitureFittings 2022-07-01 2023-06-30 12071640 core:FurnitureFittings 2023-06-30 12071640 core:FurnitureFittings 2022-06-30 12071640 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 12071640 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-06-30 12071640 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 12071640 core:CostValuation core:Non-currentFinancialInstruments 2022-06-30 12071640 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-06-30 12071640 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 12071640 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-06-30 12071640 core:Non-currentFinancialInstruments 2023-06-30 12071640 core:Non-currentFinancialInstruments 2022-06-30 12071640 core:ShareCapital 2023-06-30 12071640 core:ShareCapital 2022-06-30 12071640 core:RetainedEarningsAccumulatedLosses 2023-06-30 12071640 core:RetainedEarningsAccumulatedLosses 2022-06-30 12071640 dpl:Item1 2022-07-01 12071640 dpl:Item1 2023-06-30 12071640 dpl:Item1 2021-07-01 12071640 dpl:Item1 2022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12071640
England and Wales

 

 

 

ABASHAN LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 July 2022

End date: 30 June 2023
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 4 1,110,136    655,447 
1,110,136    655,447 
Current assets      
Debtors 18,012    10,512 
Cash at bank and in hand 2,448    101,875 
20,460    112,387 
Creditors: amount falling due within one year (193,299)   (154,668)
Net current assets (172,839)   (42,281)
 
Total assets less current liabilities 937,297    613,166 
Creditors: amount falling due after more than one year (932,079)   (609,403)
Net assets 5,218    3,763 
 

Capital and reserves
     
Called up share capital 5 1    1 
Profit and loss account 5,217    3,762 
Shareholder's funds 5,218    3,763 
 


For the accounting year 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 period 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 11 April 2024 and were signed by:


-------------------------------
M S Islam
Director
1
General Information
ABASHAN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12071640, registration address Ground Floor, 48 White Horse Road, London, E1 0ND

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.
Turnover
Turnover comprises the rental income of own and managed real estates, net of trade discounts.
Cost of sales
Cost of sale comprises direct costs including rental expenses, net of trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
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
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
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:
Land and Buildings 0% Reducing Balance
Fixtures and Fittings 15% Reducing Balance
2.

Staff Costs

2023   2022
 
Average number of employees during the year Number   Number
Administration 1    1 
 

3.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
4.

Tangible fixed assets

Cost or valuation Land and Buildings   Fixtures and Fittings   Total
  £   £   £
At 01 July 2022 1,092,799    25,225    1,118,024 
Additions    
Disposals    
At 30 June 2023 1,092,799    25,225    1,118,024 
Depreciation
At 01 July 2022   4,829    4,829 
Charge for year   3,059    3,059 
On disposals    
At 30 June 2023   7,888    7,888 
Net book values
Closing balance as at 30 June 2023 1,092,799    17,337    1,110,136 
Opening balance as at 01 July 2022 636,051    19,396    655,447 


5.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
1 Class A share of £1.00 each  
 

2