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
Altaawus Properties Limited
Company Information
for the year ended 31 March 2024
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
Altaawus Properties Limited
Statement of financial position
as at 31 March 2024
Investment property
183,967
126,862
Cash at bank and in hand
4,922
15,693
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)
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
Altaawus Properties Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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:
Computer equipment
33% reducing balance
4
Tangible fixed assets
Computer equipment
Fair value at 1 April 2023
126,862
Altaawus Properties Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
-
439
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,305
948
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).