Company Registration No. 10359106 (England and Wales)
FAAB FREEHOLDS LIMITED
Unaudited accounts
for the year ended 30 November 2023
FAAB FREEHOLDS LIMITED
Unaudited accounts
Contents
FAAB FREEHOLDS LIMITED
Company Information
for the year ended 30 November 2023
Directors
Mr Syed Kashif Abbas
Mr Syed Abbas Haider Naqvi
Company Number
10359106 (England and Wales)
Registered Office
9 Rosedene Avenue
London
SW16 2LS
UNITED KINGDOM
FAAB FREEHOLDS LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
125,000
125,000
Creditors: amounts falling due within one year
(115,000)
(115,000)
Net current liabilities
(115,000)
(115,000)
Called up share capital
10,000
10,000
Shareholders' funds
10,000
10,000
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 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 14 August 2024 and were signed on its behalf by
Mr Syed Kashif Abbas
Director
Company Registration No. 10359106
FAAB FREEHOLDS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
FAAB FREEHOLDS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10359106. The registered office is 9 Rosedene Avenue, London, SW16 2LS, 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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation for land is agreed by the board
4
Tangible fixed assets
Land & buildings
At 1 December 2022
125,000
At 30 November 2023
125,000
At 30 November 2023
125,000
At 30 November 2022
125,000
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
115,000
115,000
Allotted, called up and fully paid:
100 Ordinary shares of £100 each
10,000
10,000
FAAB FREEHOLDS LIMITED
Notes to the Accounts
for the year ended 30 November 2023
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).