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REGISTERED NUMBER: 08963954 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

AMINADAV LTD

AMINADAV LTD (REGISTERED NUMBER: 08963954)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMINADAV LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Y Deutsch





REGISTERED OFFICE: 115 Craven Park Road
South Tottenham
London
N15 6BL





REGISTERED NUMBER: 08963954 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

AMINADAV LTD (REGISTERED NUMBER: 08963954)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 197 232
Investment property 5 1,061,882 1,061,882
1,062,079 1,062,114

CURRENT ASSETS
Debtors 6 165,359 145,859
Cash at bank 1,966 2,796
167,325 148,655
CREDITORS
Amounts falling due within one year 7 (180,992 ) (160,032 )
NET CURRENT LIABILITIES (13,667 ) (11,377 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,048,412

1,050,737

CREDITORS
Amounts falling due after more than one
year

8

(953,288

)

(960,076

)
NET ASSETS 95,124 90,661

CAPITAL AND RESERVES
Called up share capital 9 1 1
Revaluation reserve 10 94,580 94,580
Retained earnings 10 543 (3,920 )
SHAREHOLDERS' FUNDS 95,124 90,661

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

AMINADAV LTD (REGISTERED NUMBER: 08963954)

BALANCE SHEET - continued
31 MARCH 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 1 December 2024 and were signed by:





Y Deutsch - Director


AMINADAV LTD (REGISTERED NUMBER: 08963954)

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

1. STATUTORY INFORMATION

Aminadav 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% 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 NIL (2023 - NIL).

AMINADAV LTD (REGISTERED NUMBER: 08963954)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 1,000
DEPRECIATION
At 1 April 2023 768
Charge for year 35
At 31 March 2024 803
NET BOOK VALUE
At 31 March 2024 197
At 31 March 2023 232

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,061,882
NET BOOK VALUE
At 31 March 2024 1,061,882
At 31 March 2023 1,061,882

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2015 38,079
Valuation in 2016 56,502
Valuation in 2020 385,419
Valuation in 2022 581,882
1,061,882

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 165,359 145,859

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 180,992 160,032

AMINADAV LTD (REGISTERED NUMBER: 08963954)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 953,288 960,076

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 937,445 937,445

Included within creditors due after more than one year is the amount of £15,843 (2023: £22,631) due under the Bounce Back Loan Scheme (BBLS). The loan is unsecured, guaranteed by the government, and attracts an interest rate of 2.5% after the interest-free period in the first year.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary 1 1 1

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2023 (3,920 ) 94,580 90,660
Profit for the year 4,463 4,463
At 31 March 2024 543 94,580 95,123

11. ULTIMATE CONTROLLING PARTY

The controlling party is Y Deutsch.