2023-04-012024-03-312024-03-31false10485184AIJ Properties Ltd2024-10-08iso4217:GBPxbrli:pure104851842023-04-01104851842024-03-31104851842023-04-012024-03-31104851842022-04-01104851842023-03-31104851842022-04-012023-03-3110485184bus:SmallEntities2023-04-012024-03-3110485184bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3110485184bus:FullAccounts2023-04-012024-03-3110485184bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110485184core:WithinOneYear2024-03-3110485184core:AfterOneYear2024-03-3110485184core:WithinOneYear2023-03-3110485184core:AfterOneYear2023-03-3110485184core:ShareCapital2024-03-3110485184core:SharePremium2024-03-3110485184core:RevaluationReserve2024-03-3110485184core:OtherReservesSubtotal2024-03-3110485184core:RetainedEarningsAccumulatedLosses2024-03-3110485184core:ShareCapital2023-03-3110485184core:SharePremium2023-03-3110485184core:RevaluationReserve2023-03-3110485184core:OtherReservesSubtotal2023-03-3110485184core:RetainedEarningsAccumulatedLosses2023-03-3110485184core:LandBuildings2024-03-3110485184core:PlantMachinery2024-03-3110485184core:Vehicles2024-03-3110485184core:FurnitureFittings2024-03-3110485184core:OfficeEquipment2024-03-3110485184core:NetGoodwill2024-03-3110485184core:IntangibleAssetsOtherThanGoodwill2024-03-3110485184core:ListedExchangeTraded2024-03-3110485184core:UnlistedNon-exchangeTraded2024-03-3110485184core:LandBuildings2023-03-3110485184core:PlantMachinery2023-03-3110485184core:Vehicles2023-03-3110485184core:FurnitureFittings2023-03-3110485184core:OfficeEquipment2023-03-3110485184core:NetGoodwill2023-03-3110485184core:IntangibleAssetsOtherThanGoodwill2023-03-3110485184core:ListedExchangeTraded2023-03-3110485184core:UnlistedNon-exchangeTraded2023-03-3110485184core:LandBuildings2023-04-012024-03-3110485184core:PlantMachinery2023-04-012024-03-3110485184core:Vehicles2023-04-012024-03-3110485184core:FurnitureFittings2023-04-012024-03-3110485184core:OfficeEquipment2023-04-012024-03-3110485184core:NetGoodwill2023-04-012024-03-3110485184core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110485184core:ListedExchangeTraded2023-04-012024-03-3110485184core:UnlistedNon-exchangeTraded2023-04-012024-03-3110485184core:MoreThanFiveYears2023-04-012024-03-3110485184core:Non-currentFinancialInstruments2024-03-3110485184core:Non-currentFinancialInstruments2023-03-3110485184dpl:CostSales2023-04-012024-03-3110485184dpl:DistributionCosts2023-04-012024-03-3110485184core:LandBuildings2023-04-012024-03-3110485184core:PlantMachinery2023-04-012024-03-3110485184core:Vehicles2023-04-012024-03-3110485184core:FurnitureFittings2023-04-012024-03-3110485184core:OfficeEquipment2023-04-012024-03-3110485184dpl:AdministrativeExpenses2023-04-012024-03-3110485184core:NetGoodwill2023-04-012024-03-3110485184core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110485184dpl:GroupUndertakings2023-04-012024-03-3110485184dpl:ParticipatingInterests2023-04-012024-03-3110485184dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3110485184core:ListedExchangeTraded2023-04-012024-03-3110485184dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3110485184core:UnlistedNon-exchangeTraded2023-04-012024-03-3110485184dpl:CostSales2022-04-012023-03-3110485184dpl:DistributionCosts2022-04-012023-03-3110485184core:LandBuildings2022-04-012023-03-3110485184core:PlantMachinery2022-04-012023-03-3110485184core:Vehicles2022-04-012023-03-3110485184core:FurnitureFittings2022-04-012023-03-3110485184core:OfficeEquipment2022-04-012023-03-3110485184dpl:AdministrativeExpenses2022-04-012023-03-3110485184core:NetGoodwill2022-04-012023-03-3110485184core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110485184dpl:GroupUndertakings2022-04-012023-03-3110485184dpl:ParticipatingInterests2022-04-012023-03-3110485184dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110485184core:ListedExchangeTraded2022-04-012023-03-3110485184dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110485184core:UnlistedNon-exchangeTraded2022-04-012023-03-3110485184core:NetGoodwill2024-03-3110485184core:IntangibleAssetsOtherThanGoodwill2024-03-3110485184core:LandBuildings2024-03-3110485184core:PlantMachinery2024-03-3110485184core:Vehicles2024-03-3110485184core:FurnitureFittings2024-03-3110485184core:OfficeEquipment2024-03-3110485184core:AfterOneYear2024-03-3110485184core:WithinOneYear2024-03-3110485184core:ListedExchangeTraded2024-03-3110485184core:UnlistedNon-exchangeTraded2024-03-3110485184core:ShareCapital2024-03-3110485184core:SharePremium2024-03-3110485184core:RevaluationReserve2024-03-3110485184core:OtherReservesSubtotal2024-03-3110485184core:RetainedEarningsAccumulatedLosses2024-03-3110485184core:NetGoodwill2023-03-3110485184core:IntangibleAssetsOtherThanGoodwill2023-03-3110485184core:LandBuildings2023-03-3110485184core:PlantMachinery2023-03-3110485184core:Vehicles2023-03-3110485184core:FurnitureFittings2023-03-3110485184core:OfficeEquipment2023-03-3110485184core:AfterOneYear2023-03-3110485184core:WithinOneYear2023-03-3110485184core:ListedExchangeTraded2023-03-3110485184core:UnlistedNon-exchangeTraded2023-03-3110485184core:ShareCapital2023-03-3110485184core:SharePremium2023-03-3110485184core:RevaluationReserve2023-03-3110485184core:OtherReservesSubtotal2023-03-3110485184core:RetainedEarningsAccumulatedLosses2023-03-3110485184core:NetGoodwill2022-04-0110485184core:IntangibleAssetsOtherThanGoodwill2022-04-0110485184core:LandBuildings2022-04-0110485184core:PlantMachinery2022-04-0110485184core:Vehicles2022-04-0110485184core:FurnitureFittings2022-04-0110485184core:OfficeEquipment2022-04-0110485184core:AfterOneYear2022-04-0110485184core:WithinOneYear2022-04-0110485184core:ListedExchangeTraded2022-04-0110485184core:UnlistedNon-exchangeTraded2022-04-0110485184core:ShareCapital2022-04-0110485184core:SharePremium2022-04-0110485184core:RevaluationReserve2022-04-0110485184core:OtherReservesSubtotal2022-04-0110485184core:RetainedEarningsAccumulatedLosses2022-04-0110485184core:AfterOneYear2023-04-012024-03-3110485184core:WithinOneYear2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3110485184core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3110485184core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3110485184core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3110485184core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3110485184core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3110485184core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3110485184core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3110485184core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3110485184core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3110485184core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3110485184core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3110485184core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3110485184core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3110485184core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3110485184core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3110485184core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3110485184core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3110485184core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3110485184bus:Director12023-04-012024-03-3110485184bus:Director22023-04-012024-03-3110485184bus:Director32023-04-012024-03-3110485184core:FurnitureFittingsToolsEquipment2023-03-3110485184core:FurnitureFittingsToolsEquipment2023-04-012024-03-3110485184core:FurnitureFittingsToolsEquipment2024-03-31

AIJ Properties Ltd

Registered Number
10485184
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

AIJ Properties Ltd
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

Dr Adam Hussain
Dr Isaac Hussain
Mrs Jacqueline Hussain

Registered Address

Fulford Lodge
1 Heslington Lane
York
YO10 4HW

Registered Number

10485184 (England and Wales)
AIJ Properties Ltd
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,044,5151,039,912
1,044,5151,039,912
Current assets
Debtors-4,690
Cash at bank and on hand221,806159,763
221,806164,453
Creditors amounts falling due within one year4(1,163,397)(1,151,343)
Net current assets (liabilities)(941,591)(986,890)
Total assets less current liabilities102,92453,022
Net assets102,92453,022
Capital and reserves
Called up share capital22
Profit and loss account102,92253,020
Shareholders' funds102,92453,022
The financial statements were approved and authorised for issue by the Board of Directors on 8 October 2024, and are signed on its behalf by:
Dr Adam Hussain
Director
Dr Isaac Hussain
Director
Mrs Jacqueline Hussain
Director

Registered Company No. 10485184
AIJ Properties Ltd
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling, which is the functional currency of the entity.
Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis. The directors have guaranteed the continued running of the company.
Turnover policy
Revenue is income from rents receivable and is recognised in accordance with the agreed terms of the relevant lease agreements.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings15
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Land & buildings

Fixtures & fittings

Total

£££
Cost or valuation
At 01 April 231,039,912-1,039,912
Additions-5,4155,415
At 31 March 241,039,9125,4151,045,327
Depreciation and impairment
Charge for year-812812
At 31 March 24-812812
Net book value
At 31 March 241,039,9124,6031,044,515
At 31 March 231,039,912-1,039,912
4.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties485,000485,000
Taxation and social security19,1907,210
Other creditors634,841634,731
Accrued liabilities and deferred income24,36624,402
Total1,163,3971,151,343
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Related party transactions
In the year, the directors made available a loan to the company of £634,841 (2023: 634,731). The loan is interest free and repayable upon demand.