Company Registration No. 04404903 (England and Wales)
CZAR PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 April 2024
CZAR PROPERTIES LIMITED
Unaudited accounts
Contents
CZAR PROPERTIES LIMITED
Company Information
for the year ended 30 April 2024
Directors
Ali HABOUDANE
Zarina Habib HABOUDANE
Company Number
04404903 (England and Wales)
Registered Office
54 PRINCES MEADOW
NEWCASTLE UPON TYNE
TYNE AND WEAR
NE3 4RZ
ENGLAND
CZAR PROPERTIES LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
165,832
166,016
Cash at bank and in hand
73,023
44,086
Creditors: amounts falling due within one year
(217,959)
(218,487)
Net current liabilities
(1,382)
(1,642)
Net assets
164,450
164,374
Called up share capital
1
1
Revaluation reserve
160,000
160,000
Profit and loss account
4,449
4,373
Shareholders' funds
164,450
164,374
For the year ending 30 April 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 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 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 of Directors and authorised for issue on 30 January 2024 and were signed on its behalf by
Zarina Habib HABOUDANE
Director
Company Registration No. 04404903
CZAR PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
CZAR PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04404903. The registered office is 54 PRINCES MEADOW, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE3 4RZ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No Depreciation on properties
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2023
164,546
11,088
175,634
At 30 April 2024
164,546
11,088
175,634
At 1 May 2023
-
9,618
9,618
Charge for the year
-
184
184
At 30 April 2024
-
9,802
9,802
At 30 April 2024
164,546
1,286
165,832
At 30 April 2023
164,546
1,470
166,016
Amounts falling due within one year
Other debtors
143,554
172,759
CZAR PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
216,251
216,091
Taxes and social security
295
1,078
Other creditors
1,413
1,318
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).