Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true1No description of principal activity1true2023-07-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14030262 2023-07-01 2024-06-30 14030262 2022-06-06 2023-06-30 14030262 2024-06-30 14030262 2023-06-30 14030262 c:Director1 2023-07-01 2024-06-30 14030262 d:FreeholdInvestmentProperty 2024-06-30 14030262 d:FreeholdInvestmentProperty 2023-06-30 14030262 d:CurrentFinancialInstruments 2024-06-30 14030262 d:CurrentFinancialInstruments 2023-06-30 14030262 d:Non-currentFinancialInstruments 2024-06-30 14030262 d:Non-currentFinancialInstruments 2023-06-30 14030262 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14030262 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 14030262 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 14030262 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 14030262 d:ShareCapital 2024-06-30 14030262 d:ShareCapital 2023-06-30 14030262 d:RetainedEarningsAccumulatedLosses 2024-06-30 14030262 d:RetainedEarningsAccumulatedLosses 2023-06-30 14030262 c:FRS102 2023-07-01 2024-06-30 14030262 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14030262 c:FullAccounts 2023-07-01 2024-06-30 14030262 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14030262 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 14030262









AHAMVASTU LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
AHAMVASTU LIMITED
REGISTERED NUMBER: 14030262

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
1,885,684
1,885,684

  
1,885,684
1,885,684

Current assets
  

Debtors: amounts falling due within one year
 5 
5,100
5,100

Creditors: amounts due within one year
 6 
(1,653,615)
(1,237,329)

Net current (liabilities)
  
 
 
(1,648,515)
 
 
(1,232,229)

Total assets less current liabilities
  
237,169
653,455

Creditors: amounts due after more than one year
 7 
(360,000)
(720,000)

  

Net (liabilities)
  
(122,831)
(66,545)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(122,931)
(66,645)

  
(122,831)
(66,545)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 March 2025.


A Thrasyvoulou
Director

Page 1

 
AHAMVASTU LIMITED
REGISTERED NUMBER: 14030262
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
AHAMVASTU LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Ahamvastu Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS. The company was incorporated on 6 April 2022.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The company's functional and presentational currency is GBP.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company is supported by loans from other companies controlled by the director and he has confirmed that this support will not be withdrawn.

 
2.3

Investment property

Investment property is brought in at cost and then is carried at fair value. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Page 3

 
AHAMVASTU LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Investment property


Freehold investment property

£



Valuation


At 1 July 2023
1,885,684



At 30 June 2024
1,885,684

The director does not consider the carrying value of the property, comprising purchase consideration and related acquisition costs, to be significantly different to fair value at the balance sheet date.









5.


Debtors

2024
2023
£
£


Trade debtors
5,000
5,000

Other debtors
100
100

5,100
5,100



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
1,020,015
787,329

Deferred consideration
630,000
450,000

Accruals and deferred income
3,600
-

1,653,615
1,237,329


Page 4

 
AHAMVASTU LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Deferred consideration
360,000
720,000

360,000
720,000


Deferred purchase consideration of £990,000 relates to the acquisition of the freehold property during the year and is secured by a fixed legal charge over the property. No interest is charged in relation to the deferred consideration.


8.


Related party transactions

At the reporting date, included in other creditors is £1,012,020 (2023: 787,329) owed to Calhurst Limited, and £7,995 (2023:nil) to New Parkgate Ltd, both companies under common control of the Director. During the year, interest of £44,691 (2023: £54,825) was charged by Calhurst Limited to the company.

 
Page 5