Company Registration No. 13485012 (England and Wales)
Amaz Properties Limited
Unaudited accounts
for the year ended 30 June 2024
Amaz Properties Limited
Unaudited accounts
Contents
Amaz Properties Limited
Company Information
for the year ended 30 June 2024
Director
Mohamed Sulaiman Mohamed Nazir Hussain
Company Number
13485012 (England and Wales)
Registered Office
7 The Copse
Woodside Road
Abbots Langley
WD5 0FR
England
Accountants
Maknas Accountants Limited
2A Grange Road
Romford
Essex
RM3 7DU
Amaz Properties Limited
Statement of financial position
as at 30 June 2024
Investment property
763,695
681,307
Cash at bank and in hand
10,527
8,530
Creditors: amounts falling due within one year
(337,607)
(253,578)
Net current liabilities
(327,080)
(245,048)
Total assets less current liabilities
436,615
436,259
Creditors: amounts falling due after more than one year
(422,432)
(422,432)
Called up share capital
100
100
Profit and loss account
14,083
13,727
Shareholders' funds
14,183
13,827
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
Mohamed Sulaiman Mohamed Nazir Hussain
Director
Company Registration No. 13485012
Amaz Properties Limited
Notes to the Accounts
for the year ended 30 June 2024
Amaz Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 13485012. The registered office is 7 The Copse, Woodside Road, Abbots Langley, WD5 0FR, 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 represents rental income receivable during the year.
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.
The directors are aware that the company has net current liabilities and believes that sufficient financial support is available to the company to enable it to continue trading in the foreseeable future. Therefore the financial statements have been prepared on a going concern basis.
Fair value at 1 July 2023
681,307
Based on the current properties being sold in the area, the directors believe there has been no change in the valuation of the property.
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
83
2,144
Other creditors
334,599
244,601
Loans from directors
1,725
1,550
Amaz Properties Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
422,432
422,432
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).