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Company Registration No. 13617751 (England and Wales)
NAJ PROPERTY LTD Unaudited accounts for the year ended 30 September 2024
NAJ PROPERTY LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
NAJ PROPERTY LTD Company Information for the year ended 30 September 2024
Directors
Mohammed Naeem NAJEEB Naqeeb NAJEEB Waseem NAJEEB Mohammad NASEEB
Company Number
13617751 (England and Wales)
Registered Office
247 NOEL STREET NOTTINGHAM NG7 6AR ENGLAND
- 3 -
NAJ PROPERTY LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
19,358 
- 
Investment property
5
391,714 
412,308 
411,072 
412,308 
Current assets
Debtors
6
42,846 
10,281 
Cash at bank and in hand
27,672 
35,454 
70,518 
45,735 
Creditors: amounts falling due within one year
7
(17,045)
(17,340)
Net current assets
53,473 
28,395 
Total assets less current liabilities
464,545 
440,703 
Creditors: amounts falling due after more than one year
8
(415,306)
(415,306)
Net assets
49,239 
25,397 
Capital and reserves
Called up share capital
9
4 
4 
Profit and loss account
49,235 
25,393 
Shareholders' funds
49,239 
25,397 
For the year ending 30 September 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 3 April 2025 and were signed on its behalf by
Mohammed Naeem NAJEEB Director Company Registration No. 13617751
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NAJ PROPERTY LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
NAJ PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 13617751. The registered office is 247 NOEL STREET, NOTTINGHAM, NG7 6AR, 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 year, 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.
Turnover
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
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.
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:
Plant & machinery
6% Reducing balance
- 5 -
NAJ PROPERTY LTD Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
- 
Additions
20,594 
At 30 September 2024
20,594 
Depreciation
Charge for the year
1,236 
At 30 September 2024
1,236 
Net book value
At 30 September 2024
19,358 
5
Investment property
2024 
£ 
Fair value at 1 October 2023
412,308 
Transfers to tangible fixed assets
(20,594)
At 30 September 2024
391,714 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,800 
9,600 
Other debtors
32,046 
681 
42,846 
10,281 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,681 
3,200 
Trade creditors
787 
1,040 
Taxes and social security
5,596 
5,065 
Accruals
475 
475 
Deferred income
8,506 
7,560 
17,045 
17,340 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
208,663 
208,663 
Loans from directors
206,643 
206,643 
415,306 
415,306 
- 6 -
NAJ PROPERTY LTD Notes to the Accounts for the year ended 30 September 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 7 -