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Company Registration No. 14068207 (England and Wales)
EMPIRE PROPERTIES AND DEVELOPERS LTD Unaudited accounts for the year ended 30 April 2024
EMPIRE PROPERTIES AND DEVELOPERS LTD Unaudited accounts Contents
Page
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EMPIRE PROPERTIES AND DEVELOPERS LTD Company Information for the year ended 30 April 2024
Director
Muhammad Aaqib
Company Number
14068207 (England and Wales)
Registered Office
19 Boxmoor Road Romford, Essex United Kingdom RM5 2SH
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EMPIRE PROPERTIES AND DEVELOPERS LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
533,576 
- 
Current assets
Cash at bank and in hand
3,469 
78,494 
Creditors: amounts falling due within one year
(150,686)
(79,280)
Net current liabilities
(147,217)
(786)
Total assets less current liabilities
386,359 
(786)
Creditors: amounts falling due after more than one year
(385,724)
- 
Net assets/(liabilities)
635 
(786)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
535 
(886)
Shareholders' funds
635 
(786)
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 director acknowledges his 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 and authorised for issue on 29 January 2025 and were signed on its behalf by
Muhammad Aaqib Director Company Registration No. 14068207
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EMPIRE PROPERTIES AND DEVELOPERS LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
EMPIRE PROPERTIES AND DEVELOPERS LTD is a private company, limited by shares, registered in England and Wales, registration number 14068207. The registered office is 19 Boxmoor Road, Romford, Essex, United Kingdom, RM5 2SH.
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.
3
Accounting policies
These financial statements for the year ended 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 26 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Additions
533,576 
At 30 April 2024
533,576 
The directors confirm that there were no material changes in the property’s condition or market conditions that would significantly affect its valuation as at the reporting date.
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
125 
- 
Other creditors
55,355 
38,155 
Loans from directors
95,206 
41,125 
150,686 
79,280 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
385,724 
- 
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EMPIRE PROPERTIES AND DEVELOPERS LTD Notes to the Accounts for the year ended 30 April 2024
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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