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Registered Number: 12484879
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 29 February 2024

for

TAHIR PROPERTIES LTD

 
 
 
£
2024
£
   
£
2023
£
Called up share capital not paid 1 
Fixed assets 130,093  130,093 
Current assets 7,181  3,446 
Creditors: amount falling due within one year (610) (43)
Net current assets 6,571  3,403 
Total assets less current liabilities 136,664  133,497 
Creditors: amount falling due after more than one year (132,340) (131,892)
Accrued liabilities (479) (360)
Net assets 3,845  1,245 
 
Capital and reserves 3,845  1,245 
 
  1. For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Mian Issam Ahmed Tahir
Director

Date approved: 29 August 2024
1
Statutory Information
TAHIR PROPERTIES LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 12484879, registration address 128 City Road, London, EC1V 2NX, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Investment properties
Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
2.

Average number of employees

Average number of employees during the year was 1  (2023: 1).
2