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REGISTERED NUMBER: 10878527 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

AHR SR INVESTMENTS LIMITED

AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 785,818 763,308
Investment property 5 4,137,163 3,348,345
4,922,981 4,111,653

CURRENT ASSETS
Debtors 6 1,140,930 694,603
Cash at bank 36,234 29,631
1,177,164 724,234
CREDITORS
Amounts falling due within one year 7 1,985,793 1,406,265
NET CURRENT LIABILITIES (808,629 ) (682,031 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,114,352

3,429,622

CREDITORS
Amounts falling due after more than one
year

8

4,166,943

3,500,250
NET LIABILITIES (52,591 ) (70,628 )

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 11 (52,791 ) (70,828 )
SHAREHOLDERS' FUNDS (52,591 ) (70,628 )

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

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

The directors acknowledge their 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.

AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





Mr A H Rafeeq - Director


AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

AHR SR Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10878527

Registered office: 368 Forest Road
London
E17 5JF

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about AHR SR Investments Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Going concern
The financial statements have been prepared on the going concern basis which the Directors believe to be appropriate. The company continues with the support of its directors and shareholders. The Directors are fully aware of their responsibilities and will not allow any of the creditors to suffer as a result of their decision to allow the company to continue under the circumstances.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS

2023 2022
£    £   
Shares in group undertakings 100 100
Loans to group undertakings 785,718 763,208
785,818 763,308

Additional information is as follows:
Shares in
group
undertaking
£   
COST
At 1 August 2022
and 31 July 2023 100
NET BOOK VALUE
At 31 July 2023 100
At 31 July 2022 100

AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. FIXED ASSET INVESTMENTS - continued

The Company's investments at the Statement of Financial Position date in the share capital of companies include the following:

R&M Meadow Self Storage Ltd
Registered office: 368 Forest Road, London, E17 5JF, United Kingdom
Nature of business: Property investment and development
%
Class of shares: holding
Ordinary 100.00
Loans to
group
undertaking
£   
At 1 August 2022 763,208
New in year 22,510
At 31 July 2023 785,718

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 3,348,345
Additions 788,818
At 31 July 2023 4,137,163
NET BOOK VALUE
At 31 July 2023 4,137,163
At 31 July 2022 3,348,345

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 July 2023 by the Director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 1,304 -
Amounts owed by group undertakings 539,603 694,603
540,907 694,603

AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


6. DEBTORS - continued
2023 2022
£    £   
Amounts falling due after more than one year:
Other debtors 600,023 -

Aggregate amounts 1,140,930 694,603

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 145,511 125,758
Amounts owed to connected undertakings 1,723,512 1,130,427
Directors' current accounts 113,595 143,724
Accrued expenses 3,175 6,356
1,985,793 1,406,265

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 9) 1,616,621 1,631,703
Other loans (see note 9) 1,303,532 1,103,532
Directors' loan accounts 1,246,790 765,015
4,166,943 3,500,250

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,034,578 1,128,672

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 145,511 125,758

Amounts falling due between one and two years:
Bank loans - 1-2 years 145,511 125,758

AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


9. LOANS - continued
2023 2022
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 436,532 377,273
Other loans 1,303,532 1,103,532
1,740,064 1,480,805

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,034,578 1,128,672

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
200 200

11. RESERVES
Retained
earnings
£   

At 1 August 2022 (70,828 )
Profit for the year 18,037
At 31 July 2023 (52,791 )

AHR SR INVESTMENTS LIMITED (REGISTERED NUMBER: 10878527)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


12. RELATED PARTY DISCLOSURES

The company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:


2023 2022
£    £   
Amounts owed by/(to) Mr A H Rafeeq (less than 1 year) (113,595 ) (143,724 )
Amounts owed by/(to) Mr A H Rafeeq (more than 1 year) (1,246,790 ) (765,015 )
Amounts owed by/(to) R&M Meadow Investments Ltd (as group
undertaking)

344,603

344,603
Loans owed by R&M Meadow Investments Ltd (as group undertaking) 785,718 763,208
Amounts owed by/(to) Meadow Self Storage Ltd (group undertaking) 195,000 350,000
Amounts owed by/(to) Gold Line Car Services Limited (connected
undertaking)

(986,872

)

(540,272

)
Amounts owed by/(to) Station Self Storage Ltd (connected undertaking) (456,640 ) (310,155 )
Amounts owed by/(to) Bailey Gardiner Cars Limited (connected
undertaking)

(50,000

)

(50,000

)
Amounts owed by/(to) Seven Fives (UK) Ltd. (connected undertaking) (50,000 ) (50,000 )
Amounts owed by/(to) Euro Link Cars Limited (connected undertaking) (50,000 ) (50,000 )
Amounts owed by/(to) Petchey Car Hire Ltd (connected undertaking) (50,000 ) (50,000 )
Amounts owed by/(to) Stratford City Cars Ltd (connected undertaking) (80,000 ) (80,000 )


Prior to 7 July 2021 the Company held 50 Ordinary Shares of £1 each in R&M Meadow Investments Ltd, representing 50% of the issued Share Capital.

On 7 July 2021 the Company acquired the remaining 50 Ordinary Shares of £1 each in R&M Meadow Investments Ltd. R&M Meadow Investments Ltd became a wholly owned subsidiary of the Company on this date.

The loan of £785,718 relates to a loan to R&M Meadow Investments Ltd, a subsidiary company. Interest is charged by AHR SR Investments Limited on the loan (principal only) to R&M Meadow Investments Ltd at 3.5% per annum. Included in the loan amount receivable at the end of the period is interest charged for the current year of £22,510.

Connected Undertakings:
A company having the same or predominantly the same shareholders and or Board of Directors but which neither is a parent, subsidiary, fellow subsidiary nor associated company.

13. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A H Rafeeq.