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REGISTERED NUMBER: 14346057 (England and Wales)















Unaudited Financial Statements

for the Period 8 September 2022 to 30 September 2023

for

Barakah Real Estate Partners Limited

Barakah Real Estate Partners Limited (Registered number: 14346057)






Contents of the Financial Statements
for the Period 8 September 2022 to 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Barakah Real Estate Partners Limited

Company Information
for the Period 8 September 2022 to 30 September 2023







DIRECTOR: N Kabir





REGISTERED OFFICE: 83 Eldon Street
York
YO31 7NH





REGISTERED NUMBER: 14346057 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

Barakah Real Estate Partners Limited (Registered number: 14346057)

Balance Sheet
30 September 2023

Notes £    £   
FIXED ASSETS
Investment property 4 541,732

CURRENT ASSETS
Debtors 5 14,450
Cash at bank 24,737
39,187
CREDITORS
Amounts falling due within one year 6 505
NET CURRENT ASSETS 38,682
TOTAL ASSETS LESS CURRENT
LIABILITIES

580,414

CREDITORS
Amounts falling due after more than one
year

7

580,394
NET ASSETS 20

CAPITAL AND RESERVES
Called up share capital 9 1
Retained earnings 10 19
SHAREHOLDERS' FUNDS 20

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2024 and were signed by:



N Kabir - Director


Barakah Real Estate Partners Limited (Registered number: 14346057)

Notes to the Financial Statements
for the Period 8 September 2022 to 30 September 2023

1. STATUTORY INFORMATION

Barakah Real Estate Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 541,732
At 30 September 2023 541,732
NET BOOK VALUE
At 30 September 2023 541,732

Barakah Real Estate Partners Limited (Registered number: 14346057)

Notes to the Financial Statements - continued
for the Period 8 September 2022 to 30 September 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts due from related undertakings 14,450

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Tax 5
Accrued expenses 500
505

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Loan creditor 213,210
Amounts due to related undertakings 177,184
Directors' loan accounts 190,000
580,394

8. SECURED DEBTS

The loan creditor is secured over the investment property of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary 1 1

1 Ordinary share of 1 was allotted and fully paid for cash at par during the period.

10. RESERVES
Retained
earnings
£   

Profit for the period 19
At 30 September 2023 19

11. RELATED PARTY DISCLOSURES

At 30th September 2023 the company was owed an amount of £14,450 from Vanguard Hotels Limited. The director Mr N Kabir is also the director of Vanguard Hotels Limited.

At 30th September 2023 the company owed an amount of £177,184 from Kstar Group Limited. Kstar Group Limited is the parent undertaking of Barakah Real Estate Partners Limited.

12. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its parent undertaking Kstar Group Limited.