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REGISTERED NUMBER: 12768538 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

AMOOPROPERTY LTD

AMOOPROPERTY LTD (REGISTERED NUMBER: 12768538)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMOOPROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: Mr A Y Mohamoodally





REGISTERED OFFICE: 71-75 Shelton Street
London
Greater London
United Kingdom
WC2H 9JQ





REGISTERED NUMBER: 12768538 (England and Wales)





ACCOUNTANTS: Peter Jarman LLP
trading as
Peter Jarman & Company
1 Harbour House
Harbour Way
Shoreham by Sea
West Sussex
BN43 5HZ

AMOOPROPERTY LTD (REGISTERED NUMBER: 12768538)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,987 -
Investment property 5 300,000 -
307,987 -

CURRENT ASSETS
Debtors 6 94,936 677
Cash at bank 1,432 50,006
96,368 50,683
CREDITORS
Amounts falling due within one year 7 (265,399 ) (53,571 )
NET CURRENT LIABILITIES (169,031 ) (2,888 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

138,956

(2,888

)

CREDITORS
Amounts falling due after more than one
year

8

(97,955

)

-

PROVISIONS FOR LIABILITIES (10,780 ) -
NET ASSETS/(LIABILITIES) 30,221 (2,888 )

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 10 45,955 -
Retained earnings (15,735 ) (2,889 )
SHAREHOLDERS' FUNDS 30,221 (2,888 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AMOOPROPERTY LTD (REGISTERED NUMBER: 12768538)

BALANCE SHEET - continued
31 JULY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 December 2024 and were signed by:





Mr A Y Mohamoodally - Director


AMOOPROPERTY LTD (REGISTERED NUMBER: 12768538)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Amooproperty Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

AMOOPROPERTY LTD (REGISTERED NUMBER: 12768538)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 8,553
At 31 July 2024 8,553
DEPRECIATION
Charge for year 566
At 31 July 2024 566
NET BOOK VALUE
At 31 July 2024 7,987

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 243,265
Revaluations 56,735
At 31 July 2024 300,000
NET BOOK VALUE
At 31 July 2024 300,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2024 56,735
Cost 243,265
300,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 243,265 -

Investment property was valued on an open market basis on 31 July 2024 by The director .

The investment property which originally cost £243,265 was revalued during the year to £300,000.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 94,936 677

AMOOPROPERTY LTD (REGISTERED NUMBER: 12768538)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 265,399 53,571

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 97,955 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 97,955 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 97,955 -

The mortgage is secured by a charge over the assets in the company including investment property.

10. RESERVES
Fair
value
reserve
£   
Non distributable profit 45,955

At 31 July 2024 45,955