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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
Page
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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
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ABDI AND ABDI PROPERTIES LTD Statement of financial position as at 31 March 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
750,687 
1,115,719 
Current assets
Debtors
1,320 
1,320 
Cash at bank and in hand
284,135 
42,387 
285,455 
43,707 
Creditors: amounts falling due within one year
(617,453)
(800,540)
Net current liabilities
(331,998)
(756,833)
Net assets
418,689 
358,886 
Capital and reserves
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
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ABDI AND ABDI PROPERTIES LTD Notes to the Accounts for the period from 1 January 2023 to 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
At 1 January 2023
- 
13,071 
13,071 
Charge for the period
- 
6,917 
6,917 
At 31 March 2024
- 
19,988 
19,988 
Net book value
At 31 March 2024
719,175 
31,512 
750,687 
At 31 December 2022
1,077,290 
38,429 
1,115,719 
5
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,320 
1,320 
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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 
- 
Accruals
4,080 
4,080 
617,453 
800,540 
7
Average number of employees
During the period the average number of employees was 1 (2022: 1).
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