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Company Registration No. 13110519 (England and Wales)
SULTANI ASSOCIATES LTD Unaudited accounts for the year ended 31 January 2024
SULTANI ASSOCIATES LTD Unaudited accounts Contents
Page
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SULTANI ASSOCIATES LTD Company Information for the year ended 31 January 2024
Director
Nagina Kousar
Company Number
13110519 (England and Wales)
Registered Office
13 DOBROYD STREET MANCHESTER M8 5AD ENGLAND
Accountants
VTax Accountants Ltd 61 Barlow road Manchester M19 3DB
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SULTANI ASSOCIATES LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
125,000 
125,000 
Current assets
Debtors
154 
154 
Cash at bank and in hand
549 
498 
703 
652 
Creditors: amounts falling due within one year
(10)
- 
Net current assets
693 
652 
Total assets less current liabilities
125,693 
125,652 
Creditors: amounts falling due after more than one year
(125,000)
(125,000)
Net assets
693 
652 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
593 
552 
Shareholders' funds
693 
652 
For the year ending 31 January 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 director acknowledges her 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 and authorised for issue on 29 October 2024 and were signed on its behalf by
Nagina Kousar Director Company Registration No. 13110519
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SULTANI ASSOCIATES LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
SULTANI ASSOCIATES LTD is a private company, limited by shares, registered in England and Wales, registration number 13110519. The registered office is 13 DOBROYD STREET, MANCHESTER, M8 5AD, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 February 2023
125,000 
At 31 January 2024
125,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
154 
154 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
10 
- 
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SULTANI ASSOCIATES LTD Notes to the Accounts for the year ended 31 January 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
90,000 
90,000 
Loans from directors
35,000 
35,000 
125,000 
125,000 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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