Company Registration No. 12415524 (England and Wales)
ABDI AND ABDI PROPERTIES LTD
Unaudited accounts
for the period from 1 January 2023 to 31 March 2024
ABDI AND ABDI PROPERTIES LTD
Unaudited accounts
Contents
ABDI AND ABDI PROPERTIES LTD
Company Information
for the period from 1 January 2023 to 31 March 2024
Directors
Dr Syed Hasan Sadiq Abdi
Dr Nida Abdi
Company Number
12415524 (England and Wales)
Registered Office
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENTR
PRINCESS ROAD
MANCHESTER
GREATER MANCHESTER
M14 7HR
ENGLAND
Accountants
CLEARCUT ACCOUNTING LIMITED
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT
300 PRINCESS ROAD
MANCHESTER
M14 7HR
ABDI AND ABDI PROPERTIES LTD
Statement of financial position
as at 31 March 2024
Tangible assets
750,687
1,115,719
Cash at bank and in hand
284,135
42,387
Creditors: amounts falling due within one year
(617,453)
(800,540)
Net current liabilities
(331,998)
(756,833)
Net assets
418,689
358,886
Called up share capital
200
200
Profit and loss account
418,489
358,686
Shareholders' funds
418,689
358,886
For the period ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by
Dr Syed Hasan Sadiq Abdi
Director
Company Registration No. 12415524
ABDI AND ABDI PROPERTIES LTD
Notes to the Accounts
for the period from 1 January 2023 to 31 March 2024
ABDI AND ABDI PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12415524. The registered office is SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENTR, PRINCESS ROAD, MANCHESTER, GREATER MANCHESTER, M14 7HR, 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 period, 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
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,077,290
51,500
1,128,790
Disposals
(358,115)
-
(358,115)
At 31 March 2024
719,175
51,500
770,675
At 1 January 2023
-
13,071
13,071
Charge for the period
-
6,917
6,917
At 31 March 2024
-
19,988
19,988
At 31 March 2024
719,175
31,512
750,687
At 31 December 2022
1,077,290
38,429
1,115,719
Amounts falling due within one year
ABDI AND ABDI PROPERTIES LTD
Notes to the Accounts
for the period from 1 January 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024
2022
Trade creditors
8,419
6,499
Taxes and social security
7,695
714
Other creditors
585,217
789,247
Loans from directors
12,042
-
7
Average number of employees
During the period the average number of employees was 1 (2022: 1).