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Company Registration No. 13095860 (England and Wales)
Safaltainvestment Limited Unaudited accounts for the year ended 31 May 2024
Safaltainvestment Limited Unaudited accounts Contents
Page
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Safaltainvestment Limited Company Information for the year ended 31 May 2024
Directors
Safalta Mehta Dr Vishal Mehta
Company Number
13095860 (England and Wales)
Registered Office
1 Laxton Garth Kirk Ella Hull HU10 7NN United Kingdom
Accountants
A-1 Accountants Ltd 32 Chestnut Rise Barrow-upon-Humber DN19 7SG
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Safaltainvestment Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
328,902 
328,902 
Current assets
Cash at bank and in hand
11,900 
8,333 
Creditors: amounts falling due within one year
(518)
(500)
Net current assets
11,382 
7,833 
Total assets less current liabilities
340,284 
336,735 
Creditors: amounts falling due after more than one year
(343,122)
(339,603)
Net liabilities
(2,838)
(2,868)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(2,840)
(2,870)
Shareholders' funds
(2,838)
(2,868)
For the year ending 31 May 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 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 2 September 2024 and were signed on its behalf by
Safalta Mehta Director Company Registration No. 13095860
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Safaltainvestment Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Safaltainvestment Limited is a private company, limited by shares, registered in England and Wales, registration number 13095860. The registered office is 1 Laxton Garth, Kirk Ella, Hull, HU10 7NN, 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
Investment property
2024 
£ 
Fair value at 1 June 2023
328,902 
At 31 May 2024
328,902 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
18 
- 
Accruals
500 
500 
518 
500 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
238,175 
238,875 
Loans from directors
104,947 
100,728 
343,122 
339,603 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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