Company Registration No. 12483141 (England and Wales)
ASHEZ PROPERTIES LTD
Unaudited accounts
for the year ended 29 February 2024
ASHEZ PROPERTIES LTD
Unaudited accounts
Contents
ASHEZ PROPERTIES LTD
Company Information
for the year ended 29 February 2024
Director
Md Mizanur RAHMAN
Company Number
12483141 (England and Wales)
Registered Office
35 DONGOLA ROAD
LONDON
E13 0AY
UNITED KINGDOM
Accountants
S&Y Accountants Ltd
146A Cranbrook Road
ILFORD
Essex
IG1 4LZ
ASHEZ PROPERTIES LTD
Statement of financial position
as at 29 February 2024
Tangible assets
894,261
886,130
Cash at bank and in hand
52,632
9,578
Net current assets
54,632
11,578
Total assets less current liabilities
948,893
897,708
Creditors: amounts falling due after more than one year
(973,642)
(919,843)
Net liabilities
(24,749)
(22,135)
Profit and loss account
(24,749)
(22,135)
Shareholders' funds
(24,749)
(22,135)
For the year ending 29 February 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 his 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 18 November 2024 and were signed on its behalf by
Md Mizanur RAHMAN
Director
Company Registration No. 12483141
ASHEZ PROPERTIES LTD
Notes to the Accounts
for the year ended 29 February 2024
ASHEZ PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12483141. The registered office is 35 DONGOLA ROAD, LONDON, E13 0AY, 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.
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.
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:
Tangible fixed: Land/Buildings:
1. 931A Romford Road Manor Park E12 5JT
2. 26 Meads Court, 38 Carnvaran Road, London E15 4LB
3. 200 London Road, Romford, RM7 9ER
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.
ASHEZ PROPERTIES LTD
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Land & buildings
At 29 February 2024
894,261
At 29 February 2024
894,261
At 28 February 2023
886,130
Amounts falling due after more than one year
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
678,227
637,000
Loans from directors
287,422
270,572
Other creditors of is the bank mortgage loan against the three properties:
1. 931A Romford Road Manor Park E12 5JT
2. 26 Meads Court, 38 Carnvaran Road, London E15 4LB
3. 200 London Road, Romford, RM7 9ER
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).