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Company Registration No. 13766456 (England and Wales)
ABILITY CAPITAL REIT LIMITED Unaudited accounts for the year ended 30 November 2023
ABILITY CAPITAL REIT LIMITED Unaudited accounts Contents
Page
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ABILITY CAPITAL REIT LIMITED Company Information for the year ended 30 November 2023
Director
Mr Jaspal Saini
Company Number
13766456 (England and Wales)
Registered Office
18 Pilgrimage Street London SE1 4LL United Kingdom
Accountants
Multiplus Tax Solutions Ltd Suite 1 Chantal House 13-17 High Beech Road Loughton Essex IG10 4BN
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ABILITY CAPITAL REIT LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
4,001 
1 
Creditors: amounts falling due within one year
(4,180)
- 
Net current (liabilities)/assets
(179)
1 
Net (liabilities)/assets
(179)
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(180)
- 
Shareholders' funds
(179)
1 
For the year ending 30 November 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 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 23 August 2024 and were signed on its behalf by
Mr Jaspal Saini Director Company Registration No. 13766456
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ABILITY CAPITAL REIT LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
ABILITY CAPITAL REIT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13766456. The registered office is 18 Pilgrimage Street, London, SE1 4LL, 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.
Going concern
The financial statements have been prepared on a going concern basis with continued support from the director.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
1,000 
- 
Other creditors
3,000 
- 
Accruals
180 
- 
4,180 
- 
5
Transactions with related parties
Included within owed to group undertakings a loan of £1,000 (2022: £Nil) owed to 1 Ability Estate Agents Limited, a company in which Jaspal Saini is a director.
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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