Company Registration No. 13461527 (England and Wales)
A&Z Property Holdings Ltd
Unaudited accounts
for the year ended 30 June 2024
A&Z Property Holdings Ltd
Unaudited accounts
Contents
A&Z Property Holdings Ltd
Company Information
for the year ended 30 June 2024
Company Number
13461527 (England and Wales)
Registered Office
46 Graham Road
Purley
Surrey
CR8 2EL
England
Accountants
LRK Accounting & Bookkeeping Ltd
128 City Road
London
EC1V 2NX
A&Z Property Holdings Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
158,790
158,790
Cash at bank and in hand
4,830
581
Creditors: amounts falling due within one year
(175,520)
(178,266)
Net current liabilities
(170,519)
(177,685)
Net liabilities
(11,729)
(18,895)
Called up share capital
2
2
Profit and loss account
(11,731)
(18,897)
Shareholders' funds
(11,729)
(18,895)
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 21 March 2025 and were signed on its behalf by
Rahul Aggarwal
Director
Company Registration No. 13461527
A&Z Property Holdings Ltd
Notes to the Accounts
for the year ended 30 June 2024
A&Z Property Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 13461527. The registered office is 46 Graham Road, Purley, Surrey, CR8 2EL, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the
impairment loss is recognised immediately in profit or loss.
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:
A&Z Property Holdings Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Land & buildings
Amounts falling due within one year
Accrued income and prepayments
171
-
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
102,075
102,075
Loans from directors
72,998
74,798
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).