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REGISTERED NUMBER: 11180079 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Baz Northeast Properties Limited

Baz Northeast Properties Limited (Registered number: 11180079)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Baz Northeast Properties Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: A K Baz





SECRETARY:





REGISTERED OFFICE: 33 Wingrove Road
Newcastle Upon Tyne
Tyne and Wear
NE4 9BP





REGISTERED NUMBER: 11180079 (England and Wales)

Baz Northeast Properties Limited (Registered number: 11180079)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 867,000 332,000

CURRENT ASSETS
Debtors 5 163,853 162,123
Cash at bank and in hand 40,707 230,117
204,560 392,240
CREDITORS
Amounts falling due within one year 6 79,800 373,699
NET CURRENT ASSETS 124,760 18,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

991,760

350,541

CREDITORS
Amounts falling due after more than one year 7 707,668 120,000
NET ASSETS 284,092 230,541

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 283,992 230,441
SHAREHOLDERS' FUNDS 284,092 230,541

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

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

The director acknowledges his 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.

Baz Northeast Properties Limited (Registered number: 11180079)

Balance Sheet - continued
31 January 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 director and authorised for issue on 29 October 2024 and were signed by:





A K Baz - Director


Baz Northeast Properties Limited (Registered number: 11180079)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Baz Northeast Properties Limited 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 February 2023 332,000
Additions 564,000
Disposals (29,000 )
At 31 January 2024 867,000
NET BOOK VALUE
At 31 January 2024 867,000
At 31 January 2023 332,000

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other debtors 163,853 162,123

Baz Northeast Properties Limited (Registered number: 11180079)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors - 1
Taxation and social security 78,400 61,214
Other creditors 1,400 312,484
79,800 373,699

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 241,320 -
Other creditors 466,348 120,000
707,668 120,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Midway 30,000 25,000
Amma - 15,000
T Ahmed - 5,000
Sweet Dreams - 4,000
30,000 49,000

Repayable by instalments
G Wilson 21,000 21,000
Thayapara 30,000 40,000
N Prop - 10,000
51,000 71,000