Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31false12023-03-25falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalsetrue 14758770 2023-03-24 14758770 2023-03-25 2024-03-31 14758770 2022-04-01 2023-03-24 14758770 2024-03-31 14758770 c:Director1 2023-03-25 2024-03-31 14758770 d:FreeholdInvestmentProperty 2023-03-25 2024-03-31 14758770 d:FreeholdInvestmentProperty 2024-03-31 14758770 d:CurrentFinancialInstruments 2024-03-31 14758770 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14758770 d:ShareCapital 2024-03-31 14758770 d:RetainedEarningsAccumulatedLosses 2024-03-31 14758770 c:FRS102 2023-03-25 2024-03-31 14758770 c:AuditExempt-NoAccountantsReport 2023-03-25 2024-03-31 14758770 c:FullAccounts 2023-03-25 2024-03-31 14758770 c:PrivateLimitedCompanyLtd 2023-03-25 2024-03-31 14758770 e:PoundSterling 2023-03-25 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14758770









PERSIA PROPERTY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

 
PERSIA PROPERTY LIMITED
REGISTERED NUMBER: 14758770

BALANCE SHEET
AS AT 31 MARCH 2024

2024
Note
£

Fixed assets
  

Investment property
 4 
455,768

  
455,768

Current assets
  

Cash at bank and in hand
 5 
1,899

  
1,899

Creditors: amounts falling due within one year
 6 
(457,216)

Net current (liabilities)/assets
  
 
 
(455,317)

Total assets less current liabilities
  
451

  

Net assets
  
451


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
450

  
451


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 period 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.

Page 1

 
PERSIA PROPERTY LIMITED
REGISTERED NUMBER: 14758770
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The Company has opted not to file the statement of comprehensive income 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 25 March 2025.




M Tofangsazan
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
PERSIA PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Persia Property Limited ("the company") is a private company limited by shares and incorporated in England and Wales. Its registered number is 14758770. The company was incorporated on the 25 March 2023 and its registered office s 6 Norflolk Road, Barnet, England, EN5 5LU.

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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price.

Page 3

 
PERSIA PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees




The average monthly number of employees, including directors, during the period was 1.


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
455,768



At 31 March 2024
455,768

The 2024 valuations were made by the director, on an open market value for existing use basis.





5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
1,899

1,899



6.


Creditors: Amounts falling due within one year

2024
£

Other creditors
453,216

Accruals and deferred income
4,000

457,216



7.


Related party transactions

At the period end, the company owed the director £453,216.

 
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