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REGISTERED NUMBER: 09710831 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Bajar Property Investments Limited

Bajar Property Investments Limited (Registered number: 09710831)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bajar Property Investments Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr. M Imran Bajar
Mr M Ehsaan Bajar





REGISTERED OFFICE: 62A London Road
Southampton
SO15 2AH





REGISTERED NUMBER: 09710831 (England and Wales)





ACCOUNTANTS: Thomas Croft Limited
Accountants And Taxation Consultants
Solent House
107a Alma Road
Portswood
Southampton
Hampshire
SO14 6UY

Bajar Property Investments Limited (Registered number: 09710831)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 5,780,902 5,335,000

CURRENT ASSETS
Debtors 5 31,423 7,141
Cash at bank 94,949 113,095
126,372 120,236
CREDITORS
Amounts falling due within one year 6 1,623,330 1,591,967
NET CURRENT LIABILITIES (1,496,958 ) (1,471,731 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,283,944

3,863,269

CREDITORS
Amounts falling due after more than one
year

7

(2,039,375

)

(1,692,000

)

PROVISIONS FOR LIABILITIES (515,761 ) (433,351 )
NET ASSETS 1,728,808 1,737,918

Bajar Property Investments Limited (Registered number: 09710831)

Balance Sheet - continued
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 200 200
Undistributable reserve 9 1,547,281 1,629,691
Retained earnings 9 181,327 108,027
SHAREHOLDERS' FUNDS 1,728,808 1,737,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2025 and were signed on its behalf by:





Mr M Ehsaan Bajar - Director


Bajar Property Investments Limited (Registered number: 09710831)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Bajar Property Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 5,335,000
Additions 445,902
At 31 July 2024 5,780,902
NET BOOK VALUE
At 31 July 2024 5,780,902
At 31 July 2023 5,335,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2024 5,780,902

Bajar Property Investments Limited (Registered number: 09710831)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. INVESTMENT PROPERTY - continued

If Investment Properties had not been revalued they would have been included at the following historical cost:

31.7.24 31.7.23
£    £   
Cost 3,717,859 3,271,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 13,270 147
Prepayments 18,153 6,994
31,423 7,141

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 2,250 16,260
Corporation tax 25,155 16,212
Social security and other taxes 208 208
Other creditors 38,697 21,365
Directors' current accounts 1,511,896 1,433,129
Accruals and deferred income 43,240 103,017
Accrued expenses 1,884 1,776
1,623,330 1,591,967

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans - 2-5 years 2,039,375 1,692,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
200 Ordinary 1 200 200

Bajar Property Investments Limited (Registered number: 09710831)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

9. RESERVES
Retained Undistributable
earnings reserve Totals
£    £    £   

At 1 August 2023 108,027 1,629,691 1,737,718
Deficit for the year (8,110 ) (8,110 )
Dividends (1,000 ) (1,000 )
Non- Distributable Reserve 82,410 (82,410 ) -
At 31 July 2024 181,327 1,547,281 1,728,608

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
Mr. M Imran Bajar
Balance outstanding at start of year (409,154 ) (408,404 )
Amounts advanced - 250
Amounts repaid (500 ) (1,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (409,654 ) (409,154 )

Mr M Ehsaan Bajar
Balance outstanding at start of year (1,023,949 ) (1,007,476 )
Amounts advanced 50,056 10,276
Amounts repaid (128,349 ) (26,749 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,102,242 ) (1,023,949 )

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 were paid to the directors .

12. POST BALANCE SHEET EVENTS

The company purchased a property (130 St Marys Street), after the year end at a value of £173,000. This was funded via finance provided by Handelsbanken.