2022-12-01 2023-11-30 09881231 AANYA PROPERTY DEVELOPMENT LTD false 09881231 2022-12-01 2023-11-30 09881231 uk-bus:Director1 2022-12-01 2023-11-30 09881231 uk-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09881231 uk-bus:SmallEntities 2022-12-01 2023-11-30 09881231 uk-bus:FullAccounts 2022-12-01 2023-11-30 09881231 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09881231 2022-12-01 09881231 2023-11-30 09881231 2022-11-30 xbrli:pure iso4217:GBP 09881231 2021-12-01 2022-11-30
Company Registration Number : 09881231 (England and Wales)
09881231
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-11-30
false
AANYA PROPERTY DEVELOPMENT LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-12-01
AANYA PROPERTY DEVELOPMENT LTD
Unaudited filleted financial statements
For the year ended 30 November 2023
AANYA PROPERTY DEVELOPMENT LTD
Contents
For the year ended 30 November 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 7


AANYA PROPERTY DEVELOPMENT LTD
Company Information
For the year ended 30 November 2023

Company registration number 09881231 (England and Wales)
Director Divya Modi Sarda
Registered office address 3 Carlyle Close
London
England
N2 0QU
AANYA PROPERTY DEVELOPMENT LTD
Statement of Financial Position
For the year ended 30 November 2023

2023 2022
Notes £ £
Fixed assets
Investment Property 100 100
100 100
Current assets
Inventories 383,624 383,624
Debtors 6 1,252,188 1,241,571
Cash and cash equivalents 8,993 2,831
1,644,804 1,628,026
Current liabilities
Creditors: Amounts falling due within one year 7 (1,690,420) (1,663,674)
Corporation tax payable (100) (100)
(1,690,520) (1,663,774)
Net current (liabilities)/assets (45,716) (35,748)
Total assets less current liabilities (45,616) (35,648)
Net (liabilities)/assets (45,616) (35,648)
Capital and reserves
Called up share capital 10 10
Retained earnings (45,626) (35,658)
Shareholder's funds (45,616) (35,648)
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 November 2023 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 28 November 2024
.............................
Divya Modi Sarda (Director)
Company registration number: 09881231
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-11-30 30 November 2023
2023 2022
£ £
Fixed Assets 100 100
Current Assets 1,644,804 1,628,026
Creditors: amounts falling due within one year (1,690,520) (1,663,774)
Net current assets (liabilities) (45,716) (35,748)
Total assets less current liabilities (45,616) (35,648)
Net Assets (liabilities) (45,616) (35,648)
Capital and Reserves (45,616) (35,648)
For the year ending 30/11/2023 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. For the year ending 30-11-2023 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 for the year in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 28 November 2024 2024-08-25 and signed on behalf of the board,
.............................
Divya Modi Sarda
Director
Company registration number: 09881231
AANYA PROPERTY DEVELOPMENT LTD
Notes to the Financial Statements
For the year ended 30 November 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 3 Carlyle Close, London, England, N2 0QU.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings33% straight line
Equipment
Motor Cars
Fixed Asset Investment
Investments in subsidiaries, jointly controlled entities or associates are accounted for at cost less provision for impairment.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Loans and receivables
Loans and receivables are non-derivative financial assets with fixed or determinable payments.
Trade and other debtors
Trade and other debtors are initially recognised at fair value, based upon discounted cash flows at prevailing interest rates for similar instruments, or at their nominal amount less impairment losses if due in less than 12 months. Subsequent to initial recognition, trade and other receivables are valued at amortised cost less impairment losses or if a trade debt is deferred beyond normal business terms, it is measured at the present value of the future cash flows discounted at prevailing interest rates for similar instruments.
Trade and other payables
Trade and other payables are initially recognised at fair value, based upon the nominal amount outstanding. Subsequent to initial recognition, they are recorded at amortised cost.
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in the income statement.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases,the aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis over the lease period.

(4) Employees
During the year, the average number of employees including director was 2 (2022 : 2).

(5) Tangible fixed assets
Fixtures and Fittings
£
Cost
As at 01 December 20222,003
As at 30 November 20232,003
Depreciation
As at 01 December 20222,003
As at 30 November 20232,003
Net book value
As at 30 November 2023-
As at 30 November 2022-

(6) Debtors
Amounts falling due within one year
2023 2022
£ £
Other debtors 1,252,188 1,241,571
1,252,188 1,241,571

(7) Creditors: Amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts - 3,703
Other taxes and social security 2,595 4,358
Other creditors 1,686,181 1,641,856
Accruals and deferred income 1,645 13,757
1,690,421 1,663,674

(8) Fixed Asset Investment
The business has subsidiary name Krish Property Developments Limited. The business hold 100 ordinary share i.e. 100% share capital in subsidiary company.

The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows :
a) Capital and Reserves : GBP 1,557
b) Profit / (Loss) : Nil

(9) Control
The company is controlled by its directors.

(10) Related party transactions
a) At the year end the Company was owed GBP 429,819 ( 2022 : GBP 419,318) by Krish Aanya Enterprises Limited, where Divya Modi is the director of the company, in respect of an interest free loan which is repayable on demand.

b) At the year end the Company was owed GBP 800,608 ( 2022 : GBP 800,608) by Krish Property Development Limited, a company under the common control of directors, in respect of an interest free loan which is repayable on demand.

c) Athe the year end the Company was owed GBP 20,145 ( 2022 : GBP 20,145 ) by Aanya Consulting Limited, a company under the common control of director, in respect of an interest free loan which is repayable on demand.

d) At the year end the Company owed GBP 1,684,565 ( 2022 : 1,639,638 ) to the director in respect of an interest free loan which is repayable on demand.