Company Registration No. 11403129 (England and Wales)
SHAHID REAL ESTATE LTD
Unaudited accounts
for the year ended 30 June 2024
SHAHID REAL ESTATE LTD
Unaudited accounts
Contents
SHAHID REAL ESTATE LTD
Company Information
for the year ended 30 June 2024
Director
Janzaeb Jamal Shahid
Company Number
11403129 (England and Wales)
Registered Office
GLEBE LAND SHARPENHOE ROAD
STREATLEY
LUTON
LU3 3PS
UNITED KINGDOM
Accountants
Yasir Rashid
152A Dunstable Road
Luton
Bedfordshire
LU1 1EW
SHAHID REAL ESTATE LTD
Statement of financial position
as at 30 June 2024
Tangible assets
1,260,000
800,000
Cash at bank and in hand
6,741
1,324
Net current assets
6,741
1,324
Total assets less current liabilities
1,266,741
801,324
Creditors: amounts falling due after more than one year
(1,848,145)
(1,233,273)
Net liabilities
(581,404)
(431,949)
Called up share capital
10
10
Profit and loss account
(581,414)
(431,959)
Shareholders' funds
(581,404)
(431,949)
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 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 24 March 2025 and were signed on its behalf by
Janzaeb Jamal Shahid
Director
Company Registration No. 11403129
SHAHID REAL ESTATE LTD
Notes to the Accounts
for the year ended 30 June 2024
SHAHID REAL ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 11403129. The registered office is GLEBE LAND SHARPENHOE ROAD, STREATLEY, LUTON, LU3 3PS, UNITED KINGDOM.
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:
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
803,017
808,573
Loans from directors
1,045,128
424,700
SHAHID REAL ESTATE LTD
Notes to the Accounts
for the year ended 30 June 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
(1,045,128)
-
-
(1,045,128)
(1,045,128)
-
-
(1,045,128)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).