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Company Registration No. 12515437 (England and Wales)
Niz Properties Ltd Unaudited accounts for the year ended 31 March 2024
Niz Properties Ltd Unaudited accounts Contents
Page
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Niz Properties Ltd Company Information for the year ended 31 March 2024
Director
Md Zakir Hossain CHOUDHURY
Company Number
12515437 (England and Wales)
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Niz Properties Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Investment property
128,125 
Current assets
Debtors
166 
Cash at bank and in hand
12,167 
12,333 
Creditors: amounts falling due within one year
(100,593)
Net current liabilities
(88,260)
Net assets
39,865 
Capital and reserves
Called up share capital
1,000 
Revaluation reserve
33,171 
Profit and loss account
5,694 
Shareholders' funds
39,865 
For the year ending 31 March 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 12 November 2024 and were signed on its behalf by
Md Zakir Hossain CHOUDHURY Director Company Registration No. 12515437
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Niz Properties Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Niz Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12515437.
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.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
125,000 
Net gain from fair value adjustments
3,125 
At 31 March 2024
128,125 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
166 
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
1,271 
Taxes and social security
513 
Loans from directors
96,949 
Accruals
1,860 
100,593 
7
Average number of employees
During the year the average number of employees was 0.
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