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Company Registration No. 12516822 (England and Wales)
Altaawus Properties Limited Unaudited accounts for the year ended 31 March 2024
Altaawus Properties Limited Unaudited accounts Contents
Page
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Altaawus Properties Limited Company Information for the year ended 31 March 2024
Director
James Tregaskis
Secretary
James Tregaskis
Company Number
12516822 (England and Wales)
Registered Office
10 Babbacombe Road Liverpool Merseyside L16 9JW
Accountants
MJ Houlihan & Co Accountants 99-101 Corporation Street St Helens WA10 1SX
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Altaawus Properties Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
368 
- 
Investment property
183,967 
126,862 
184,335 
126,862 
Current assets
Debtors
2,129 
439 
Cash at bank and in hand
4,922 
15,693 
7,051 
16,132 
Creditors: amounts falling due within one year
(3,305)
(1,598)
Net current assets
3,746 
14,534 
Total assets less current liabilities
188,081 
141,396 
Creditors: amounts falling due after more than one year
(176,801)
(140,801)
Net assets
11,280 
595 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
11,279 
594 
Shareholders' funds
11,280 
595 
For the year ending 31 March 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 28 January 2025 and were signed on its behalf by
James Tregaskis Director Company Registration No. 12516822
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Altaawus Properties Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Altaawus Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12516822. The registered office is 10 Babbacombe Road, Liverpool, Merseyside, L16 9JW.
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
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.
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.
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:
Computer equipment
33% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
- 
Additions
549 
At 31 March 2024
549 
Depreciation
Charge for the year
181 
At 31 March 2024
181 
Net book value
At 31 March 2024
368 
5
Investment property
2024 
£ 
Fair value at 1 April 2023
126,862 
Additions
57,105 
At 31 March 2024
183,967 
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Altaawus Properties Limited Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,129 
- 
Accrued income and prepayments
- 
439 
2,129 
439 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,305 
948 
Accruals
- 
650 
3,305 
1,598 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
176,801 
140,801 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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