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Company Registration No. 12952586 (England and Wales)
AFH PROPERTIES (MCR) LTD Unaudited accounts for the year ended 31 October 2023
AFH PROPERTIES (MCR) LTD Unaudited accounts Contents
Page
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AFH PROPERTIES (MCR) LTD Company Information for the year ended 31 October 2023
Directors
FARAH RIAZ FARUKH HAMAYOUN
Company Number
12952586 (England and Wales)
Registered Office
585-587A CHEETHAM HILL ROAD 585-587A MANCHESTER M8 9JE UNITED KINGDOM
Accountants
AFH ACCOUNTANTS 585-587A CHEETHAM HILL ROAD MANCHESTER England M8 9JE
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AFH PROPERTIES (MCR) LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Fixed assets
Tangible assets
550,000 
- 
Current assets
Cash at bank and in hand
5,750 
250 
Creditors: amounts falling due within one year
(4,775)
- 
Net current assets
975 
250 
Total assets less current liabilities
551,075 
350 
Creditors: amounts falling due after more than one year
(578,000)
- 
Net (liabilities)/assets
(26,925)
350 
Capital and reserves
Profit and loss account
(26,925)
350 
Shareholders' funds
(26,925)
350 
For the year ending 31 October 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 6 August 2024 and were signed on its behalf by
FARUKH HAMAYOUN Director Company Registration No. 12952586
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AFH PROPERTIES (MCR) LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
AFH PROPERTIES (MCR) LTD is a private company, limited by shares, registered in England and Wales, registration number 12952586. The registered office is 585-587A CHEETHAM HILL ROAD, 585-587A, MANCHESTER, M8 9JE, 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.
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 year, 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.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 November 2022
- 
Additions
550,000 
At 31 October 2023
550,000 
Depreciation
At 31 October 2023
- 
Net book value
At 31 October 2023
550,000 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
4,775 
- 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
298,000 
- 
Loans from directors
280,000 
- 
578,000 
- 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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