KAZMI MANAGEMENT LIMITED

Company Registration Number:
11376675 (England and Wales)

Unaudited micro entity accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

KAZMI MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

KAZMI MANAGEMENT LIMITED

Company Information

for the Period Ended 31 May 2024




Director: Syed Amaad Ali Shah
Registered office: 195
Cole Hall Lane
Birmingham
England
B34 6HQ
Company Registration Number: 11376675 (England and Wales)

KAZMI MANAGEMENT LIMITED

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

The company’s principal activity changed during the financial year from accounts consultancy to residential property investment & rental. This aligns with the company’s long-term objective to generate income through property leasing.

Company policy on the employment of disabled persons

The company is committed to offering equal opportunities to all individuals, including disabled persons, and will ensure that suitable roles are made available based on qualifications and abilities

Additional information

Review of the Business During the year, the company acquired a residential property for £210,000 as part of the new business activity. The acquisition was financed through a combination of a director’s loan contribution (representing a 25% deposit and associated fees) and a mortgage facility. Repairs and modernization work are planned to prepare the property for future rental income. The company incurred a net loss of £9,856 during the financial year, reflecting ongoing expenses and the absence of rental income while the property is being renovated. Despite the current financial deficit, the director is confident in the company’s ability to generate sustainable rental income in the future. Financial Position At the year-end, the company’s total assets stood at £215,529, with net liabilities of £16,611. The director's loan account recorded a balance of £62,018, which reflects the personal contribution toward the property purchase and operating expenses. Future Outlook The company plans to complete the renovation work and make the property available for rent in the upcoming financial year. The director remains optimistic about the potential for steady rental income and improving the company’s financial position over time. Director Mr. Syed Amaad Ali Shah has been the sole director of the company since its incorporation on 22 May 2018. Statement of Director’s Responsibilities The director confirms that the financial statements have been prepared in accordance with applicable accounting standards and the Companies Act 2006 and fairly present the company’s financial position. The director acknowledges responsibility for maintaining proper accounting records and ensuring the company’s compliance with regulatory obligations. Approved by the Board Signed: Syed Amaad Ali Shah Director Date: [10 Jan 2025]

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Syed Amaad Ali Shah

This report was approved by the board of directors on 31 December 2024
And Signed On Behalf Of The Board By:

Name: Syed Amaad Ali Shah
Status: Director

KAZMI MANAGEMENT LIMITED

Profit and Loss Account

for the Period Ended 31 May 2024


2024
£

2023
£
Turnover 0 0
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 0 ) ( 0 )
Staff Costs ( 0 ) ( 0 )
Depreciation and Writeoffs ( 439 ) ( 1,030 )
Other charges ( 363 ) ( 715 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 802 ) ( 1,745 )

KAZMI MANAGEMENT LIMITED

Balance sheet

As at 31 May 2024


2024
£

2023
£
Called up share capital not paid: 0 0
Fixed Assets: 225,522 5,529
Current assets: 1,411 1,533
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: ( 363 ) ( 13,817 )
Net current assets (liabilities): 1,048 ( 12,284 )
Total assets less current liabilities: 226,570 ( 6,755 )
Creditors: amounts falling due after more than one year: ( 233,688 ) ( 0 )
Total net assets (liabilities): ( 7,118 ) ( 6,755 )
Capital and reserves: ( 7,118 ) ( 6,755 )

KAZMI MANAGEMENT LIMITED

Balance sheet continued

For the year ending 31 May 2024 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.

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 and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 31 December 2024
And Signed On Behalf Of The Board By:

Name: Syed Amaad Ali Shah
Status: Director

The notes form part of these financial statements

KAZMI MANAGEMENT LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Employee Information

    Average number of employees: 1

KAZMI MANAGEMENT LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Off balance sheet disclosure

    No