Company Registration No. 13783792 (England and Wales)
SAEED ESTATES LTD
Unaudited accounts
for the year ended 31 December 2023
SAEED ESTATES LTD
Unaudited accounts
Contents
SAEED ESTATES LTD
Company Information
for the year ended 31 December 2023
Company Number
13783792 (England and Wales)
Registered Office
348 Knighton Lane East
Leicester
Leicestershire
LE2 6FS
United Kingdom
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of SAEED ESTATES LTD for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SAEED ESTATES LTD for the year ended
31 December 2023 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Chartered Accountants
22 March 2024
SAEED ESTATES LTD
Statement of financial position
as at 31 December 2023
Called up share capital not paid
10
10
Tangible assets
333,621
274,650
Cash at bank and in hand
5,305
6,772
Creditors: amounts falling due within one year
(346,395)
(291,199)
Net current liabilities
(336,090)
(279,427)
Total assets less current liabilities
(2,459)
(4,767)
Provisions for liabilities
Net liabilities
(3,603)
(5,046)
Called up share capital
10
10
Profit and loss account
(3,613)
(5,056)
Shareholders' funds
(3,603)
(5,046)
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 22 March 2024 and were signed on its behalf by
Dr Atif Saeed
Director
Company Registration No. 13783792
SAEED ESTATES LTD
Notes to the Accounts
for the year ended 31 December 2023
SAEED ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 13783792. The registered office is 348 Knighton Lane East, Leicester, Leicestershire, LE2 6FS, 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
0% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Total
At 31 December 2023
336,376
At 31 December 2023
333,621
At 31 December 2022
274,650
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).