Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseThe Company's principal activity continued to be of Investment Property00truetruefalse 08854235 2023-04-01 2024-03-31 08854235 2022-04-01 2023-03-31 08854235 2024-03-31 08854235 2023-03-31 08854235 c:Director1 2023-04-01 2024-03-31 08854235 d:Buildings d:LongLeaseholdAssets 2023-04-01 2024-03-31 08854235 d:Buildings d:LongLeaseholdAssets 2024-03-31 08854235 d:Buildings d:LongLeaseholdAssets 2023-03-31 08854235 d:LandBuildings 2024-03-31 08854235 d:LandBuildings 2023-03-31 08854235 d:CurrentFinancialInstruments 2024-03-31 08854235 d:CurrentFinancialInstruments 2023-03-31 08854235 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08854235 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08854235 d:ShareCapital 2024-03-31 08854235 d:ShareCapital 2023-03-31 08854235 d:RetainedEarningsAccumulatedLosses 2024-03-31 08854235 d:RetainedEarningsAccumulatedLosses 2023-03-31 08854235 c:OrdinaryShareClass1 2023-04-01 2024-03-31 08854235 c:OrdinaryShareClass1 2024-03-31 08854235 c:OrdinaryShareClass1 2023-03-31 08854235 c:FRS102 2023-04-01 2024-03-31 08854235 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08854235 c:FullAccounts 2023-04-01 2024-03-31 08854235 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08854235 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08854235









A&S (UK) PROPERTY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
A&S (UK) PROPERTY LIMITED
REGISTERED NUMBER: 08854235

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
800,000
800,000

  
800,000
800,000

Current assets
  

Debtors: amounts falling due within one year
 5 
28,849
32,265

Cash at bank and in hand
 6 
16,741
127

  
45,590
32,392

Creditors: amounts falling due within one year
 7 
(922,571)
(918,639)

Net current liabilities
  
 
 
(876,981)
 
 
(886,247)

Total assets less current liabilities
  
(76,981)
(86,247)

  

Net liabilities
  
(76,981)
(86,247)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
 9 
(77,081)
(86,347)

  
(76,981)
(86,247)


Page 1

 
A&S (UK) PROPERTY LIMITED
REGISTERED NUMBER: 08854235
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
Nadia Momin Imam
Director

Date: 6 January 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
A&S (UK) PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

The company is a members limited liability company incorporated in the United Kingdom.
The registered address of the company is:
22 Gilbert Street
London
W1K 5HD

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the Period in which they are incurred.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
A&S (UK) PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
not depreciated

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

Page 4

 
A&S (UK) PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets





Long-term leasehold property

£



Cost or valuation


At 1 April 2023
800,000



At 31 March 2024

800,000






Net book value



At 31 March 2024
800,000



At 31 March 2023
800,000




The net book value of land and buildings may be further analysed as follows:


2024
2023
£
£

Long leasehold
800,000
800,000

800,000
800,000



5.


Debtors

2024
2023
£
£


Trade debtors
28,751
32,167

Other debtors
98
98

28,849
32,265


Page 5

 
A&S (UK) PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
16,741
127

16,741
127



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
532,518
537,693

Trade creditors
3,932
277

Other taxation and social security
10,900
6,848

Other creditors
375,221
373,821

922,571
918,639


The following liabilities were secured:

2024
2023
£
£



Bank loan
499,077
499,077

499,077
499,077

Details of security provided:

Bank loan of £499,077 (2023 - £499,077) was secured on the assets of the company.


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



9.


Reserves

Page 6

 
A&S (UK) PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

10.


Controlling party

The ultimate controlling party is Nadia Momin Imam by virtue of her majority shareholding into the company.

 
Page 7