Company Registration No. 12057208 (England and Wales)
ELEGANT PROPERTY LTD
Unaudited accounts
for the year ended 30 June 2024
ELEGANT PROPERTY LTD
Unaudited accounts
Contents
ELEGANT PROPERTY LTD
Company Information
for the year ended 30 June 2024
Director
Salma Shaheen Azad
Company Number
12057208 (England and Wales)
Registered Office
101 Salisbury Road
Smethwick
England
B66 3RX
Accountants
Genius Accountancy Ltd
27 Old Gloucester Street
London
WC1N 3AX
ELEGANT PROPERTY LTD
Statement of financial position
as at 30 June 2024
Investment property
372,068
289,000
Cash at bank and in hand
18,435
21,281
Creditors: amounts falling due within one year
(93,397)
(87,906)
Net current liabilities
(74,962)
(66,625)
Total assets less current liabilities
297,106
222,375
Creditors: amounts falling due after more than one year
(270,195)
(195,420)
Provisions for liabilities
Deferred tax
(3,535)
(3,535)
Called up share capital
1
1
Fair value reserve
15,069
15,069
Profit and loss account
8,306
8,350
Shareholders' funds
23,376
23,420
For the year ending 30 June 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 her 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 3 March 2025 and were signed on its behalf by
Salma Shaheen Azad
Director
Company Registration No. 12057208
ELEGANT PROPERTY LTD
Notes to the Accounts
for the year ended 30 June 2024
ELEGANT PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 12057208. The registered office is 101 Salisbury Road, Smethwick, England, B66 3RX.
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.
Average number of employees
Average number of employees also include directors
Fair value at 1 July 2023
289,000
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
1,826
Other creditors
1,000
1,000
Loans from directors
92,397
85,080
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
270,195
195,315
Taxes and social security
-
105
7
Average number of employees
During the year the average number of employees was 0 (2023: 1).