Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31false2023-02-01No description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13841239 2023-02-01 2024-01-31 13841239 2022-02-01 2023-01-31 13841239 2024-01-31 13841239 2023-01-31 13841239 c:Director1 2023-02-01 2024-01-31 13841239 d:FreeholdInvestmentProperty 2024-01-31 13841239 d:FreeholdInvestmentProperty 2023-01-31 13841239 d:CurrentFinancialInstruments 2024-01-31 13841239 d:CurrentFinancialInstruments 2023-01-31 13841239 d:Non-currentFinancialInstruments 2024-01-31 13841239 d:Non-currentFinancialInstruments 2023-01-31 13841239 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13841239 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13841239 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 13841239 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 13841239 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-01-31 13841239 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-01-31 13841239 d:ShareCapital 2024-01-31 13841239 d:ShareCapital 2023-01-31 13841239 d:RetainedEarningsAccumulatedLosses 2024-01-31 13841239 d:RetainedEarningsAccumulatedLosses 2023-01-31 13841239 c:OrdinaryShareClass1 2023-02-01 2024-01-31 13841239 c:OrdinaryShareClass1 2024-01-31 13841239 c:OrdinaryShareClass1 2023-01-31 13841239 c:FRS102 2023-02-01 2024-01-31 13841239 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13841239 c:FullAccounts 2023-02-01 2024-01-31 13841239 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13841239 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13841239









ALAGOZ COMMERCIALS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2024

 
ALAGOZ COMMERCIALS LIMITED
REGISTERED NUMBER: 13841239

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
384,623
384,623

  
384,623
384,623

Current assets
  

Cash at bank and in hand
 5 
257
45

  
257
45

Creditors: amounts falling due within one year
 6 
(114,037)
(115,130)

Net current liabilities
  
 
 
(113,780)
 
 
(115,085)

Total assets less current liabilities
  
270,843
269,538

Creditors: amounts falling due after more than one year
 7 
(272,231)
(272,225)

  

Net liabilities
  
(1,388)
(2,687)


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
(1,488)
(2,787)

  
(1,388)
(2,687)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

Page 1

 
ALAGOZ COMMERCIALS LIMITED
REGISTERED NUMBER: 13841239
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024




Ali Alagoz
Director

Date: 29 April 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ALAGOZ COMMERCIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

1.


General information

Alagoz Commercials Limited is a private company limited by share capital, Incorporated in England and Wales, registration number 13841239. The address of the registered office is 136 Finsbury Park Avenue, London, England, N4 1DS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.

 
2.3

Revenue

Rental income from investment properties is recognised on a straight-line basis over the term of the lease. The revenue recognition commences when the tenant take possession or controls the physical use of the lease space.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.6

Investment property

Investment property is carried at fair value determined annually by the Director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
ALAGOZ COMMERCIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 1).


4.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
384,623



At 31 January 2024
384,623

The 2024 valuations were made by the Director, on a fair value basis.








5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
257
45

257
45


Page 4

 
ALAGOZ COMMERCIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
992
-

Other creditors
112,325
114,710

Accruals and deferred income
720
420

114,037
115,130



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
272,231
272,225

272,231
272,225



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due after more than 5 years

Bank loans
272,231
272,225

272,231
272,225


Bank loans are secured by way of charge over the company’s investment property. 


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


Page 5

 
ALAGOZ COMMERCIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

10.


Related party transactions

Included within Other Creditors at the year end is an amount of £112,325 (2023: £114,710) owed to the Director by the Company. The loan is unsecured, free of interest and repayable on demand.

 
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