Company Registration No. 12391604 (England and Wales)
Sawjani Properties Limited
Unaudited accounts
for the year ended 31 January 2024
Sawjani Properties Limited
Unaudited accounts
Contents
Sawjani Properties Limited
Statement of financial position
as at 31 January 2024
Tangible assets
670,559
670,559
Cash at bank and in hand
(235,340)
(238,919)
Creditors: amounts falling due within one year
9,875
10,187
Net current liabilities
(225,465)
(228,732)
Total assets less current liabilities
445,094
441,827
Creditors: amounts falling due after more than one year
(476,938)
(476,938)
Net liabilities
(31,844)
(35,111)
Called up share capital
1
1
Profit and loss account
(31,845)
(35,112)
Shareholders' funds
(31,844)
(35,111)
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 8 August 2024 and were signed on its behalf by
Mr Nikesh Sawjani
Director
Company Registration No. 12391604
Sawjani Properties Limited
Notes to the Accounts
for the year ended 31 January 2024
Sawjani Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12391604. The registered office is 63 Chester Drive, Harrow, HA2 7PX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The investment property is included in the accounts at the original acquisition cost. As the property was acquired recently, in the opinion of the Director the market value is not in excess of its cost.
4
Tangible fixed assets
Land & buildings
At 1 February 2023
670,559
At 31 January 2024
670,559
At 31 January 2024
670,559
At 31 January 2023
670,559
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
(10,235)
(10,547)
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
476,938
476,938
Sawjani Properties Limited
Notes to the Accounts
for the year ended 31 January 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).