SAHIL HOLDINGS LIMITED

Company Registration Number:
SC528171 (Scotland)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

SAHIL HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

SAHIL HOLDINGS LIMITED

Directors' report period ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal activities of the company

Property Investment



Directors

The director shown below has held office during the whole of the period from
1 March 2023 to 29 February 2024

Nobeela Kashmir


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 November 2024

And signed on behalf of the board by:
Name: Nobeela Kashmir
Status: Director

SAHIL HOLDINGS LIMITED

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Investments: 3 162,000 162,000
Total fixed assets: 162,000 162,000
Current assets
Debtors: 4 17,858
Cash at bank and in hand: 7,988 4,760
Total current assets: 7,988 22,618
Creditors: amounts falling due within one year: 5 ( 135,788 ) ( 166,278 )
Net current assets (liabilities): (127,800) (143,660)
Total assets less current liabilities: 34,200 18,340
Total net assets (liabilities): 34,200 18,340
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 34,100 18,240
Total Shareholders' funds: 34,200 18,340

The notes form part of these financial statements

SAHIL HOLDINGS LIMITED

Balance sheet statements

For the year ending 29 February 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 27 November 2024
and signed on behalf of the board by:

Name: Nobeela Kashmir
Status: Director

The notes form part of these financial statements

SAHIL HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services supplied.

    Other accounting policies

    Going concern After reviewing the forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing it financial statements. Corporation Tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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. Investment properties Investment property which is property held to earn rentals and/or for capital appreciation, is initially recognized at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognized in the profit and loss account.

SAHIL HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

SAHIL HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Fixed assets investments note

Investment property comprises of a commercial building and land available for rent. The fair value of the investment property has been arrived at on the basis of an internal valuation undertaken by the Directors at 29 February 2024 and based on the current market values of similar assets in the area of the company Investments. The Directors deem that the fair value of the assets is £162,000 If investment properties were stated on a historical cost basis rather than a fair value basis, the amounts would have been included at £162,000

SAHIL HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Debtors

2024 2023
£ £
Other debtors 17,858
Total   17,858

SAHIL HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 7,998 4,278
Other creditors 127,790 162,000
Total 135,788 166,278