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REGISTERED NUMBER: 11983283 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

AAD SUCH LTD

AAD SUCH LTD (REGISTERED NUMBER: 11983283)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AAD SUCH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: G S Sandhu
Mrs R K Sandhu





REGISTERED OFFICE: 9 Herm Close
Isleworth
Middlesex
TW7 4RH





REGISTERED NUMBER: 11983283 (England and Wales)





ACCOUNTANTS: Arithma LLP
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

AAD SUCH LTD (REGISTERED NUMBER: 11983283)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,115 1,487
Investment property 5 840,000 820,000
841,115 821,487

CURRENT ASSETS
Debtors 6 7,530 9,538
Cash at bank 343 86
7,873 9,624
CREDITORS
Amounts falling due within one year 7 204,548 217,777
NET CURRENT LIABILITIES (196,675 ) (208,153 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

644,440

613,334

CREDITORS
Amounts falling due after more than one
year

8

(512,060

)

(512,060

)

PROVISIONS FOR LIABILITIES (19,202 ) (20,266 )
NET ASSETS 113,178 81,008

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 41,862 60,798
Retained earnings 71,216 20,110
113,178 81,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AAD SUCH LTD (REGISTERED NUMBER: 11983283)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





G S Sandhu - Director


AAD SUCH LTD (REGISTERED NUMBER: 11983283)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Aad Such Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

AAD SUCH LTD (REGISTERED NUMBER: 11983283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 4,699
DEPRECIATION
At 1 April 2023 3,212
Charge for year 372
At 31 March 2024 3,584
NET BOOK VALUE
At 31 March 2024 1,115
At 31 March 2023 1,487

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 820,000
Revaluations 20,000
At 31 March 2024 840,000
NET BOOK VALUE
At 31 March 2024 840,000
At 31 March 2023 820,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2020 64
Valuation in 2021 100,000
Valuation in 2022 25,000
Valuation in 2023 (49,000 )
Valuation in 2024 20,000
Cost 743,936
840,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,530 9,538

AAD SUCH LTD (REGISTERED NUMBER: 11983283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 2,692 3,361
Other creditors 201,856 214,416
204,548 217,777

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 512,060 512,060

The bank loan is secured over the company’s freehold investment property.

9. RESERVES
Fair
value
reserve
£   
At 1 April 2023 60,798
Transfer to fair value (18,936 )

At 31 March 2024 41,862

10. RELATED PARTY DISCLOSURES

Other creditors include a loan of £96,399 (2023 - £209,019) from Mr Gurdeep Sandhu, director, which is interest free and payable on demand and £100,000 (2023 - Nil ) is due to Coomb Finance Ltd, a company jointly controlled by the director and his brother. The loan is interest bearing.