Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseOther business support service activities not elsewhere classified11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10737237 2023-05-01 2024-04-30 10737237 2022-05-01 2023-04-30 10737237 2024-04-30 10737237 2023-04-30 10737237 c:Director1 2023-05-01 2024-04-30 10737237 d:Buildings 2024-04-30 10737237 d:Buildings 2023-04-30 10737237 d:Buildings d:LongLeaseholdAssets 2024-04-30 10737237 d:Buildings d:LongLeaseholdAssets 2023-04-30 10737237 d:CurrentFinancialInstruments 2024-04-30 10737237 d:CurrentFinancialInstruments 2023-04-30 10737237 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10737237 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10737237 d:ShareCapital 2024-04-30 10737237 d:ShareCapital 2023-04-30 10737237 d:RetainedEarningsAccumulatedLosses 2024-04-30 10737237 d:RetainedEarningsAccumulatedLosses 2023-04-30 10737237 c:FRS102 2023-05-01 2024-04-30 10737237 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 10737237 c:FullAccounts 2023-05-01 2024-04-30 10737237 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10737237 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 10737237









AWAAN INVESTMENTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
AWAAN INVESTMENTS LTD
 
 
  
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AWAAN INVESTMENTS LTD
FOR THE YEAR ENDED 30 APRIL 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Awaan Investments Ltd for the year ended 30 April 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the director of Awaan Investments Ltd in accordance with the terms of our engagement letter dated 28 April 2025Our work has been undertaken solely to prepare for your approval the financial statements of Awaan Investments Ltd and state those matters that we have agreed to state to the director of Awaan Investments Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Awaan Investments Ltd and its director for our work or for this report. 

It is your duty to ensure that Awaan Investments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Awaan Investments Ltd. You consider that Awaan Investments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Awaan Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Fraser Russell Limited
 
77 Francis Road
Edgbaston
Birmingham
B16 8SP
28 April 2025
Page 1

 
AWAAN INVESTMENTS LTD
REGISTERED NUMBER: 10737237

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
446,060
446,060

  
446,060
446,060

Current assets
  

Debtors: amounts falling due within one year
 5 
75,000
75,000

Cash at bank and in hand
 6 
1,971
2,067

  
76,971
77,067

Creditors: amounts falling due within one year
 7 
(529,188)
(527,988)

Net current liabilities
  
 
 
(452,217)
 
 
(450,921)

Total assets less current liabilities
  
(6,157)
(4,861)

  

Net liabilities
  
(6,157)
(4,861)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(6,257)
(4,961)

  
(6,157)
(4,861)


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 year 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 profit and loss account 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 on 28 April 2025.



Page 2

 
AWAAN INVESTMENTS LTD
REGISTERED NUMBER: 10737237
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024


Mohammed Hanif Khan
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
AWAAN INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Awaan Investments Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration of 10737237. The address of the registered office is 77 Francis Road, Edgbaston, Birmingham, B16 8SP.
The financial statements are presented in sterling which is functional currency of the company and
rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.

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

Borrowing costs

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

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:


The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
AWAAN INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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 year was 1 (2023 - 1).


4.


Tangible fixed assets





Freehold property
Long-term leasehold property
Total

£
£
£



Cost or valuation


At 1 May 2023
404,307
41,753
446,060



At 30 April 2024

404,307
41,753
446,060






Net book value



At 30 April 2024
404,307
41,753
446,060



At 30 April 2023
404,307
41,753
446,060


5.


Debtors

2024
2023
£
£


Other debtors
75,000
75,000

75,000
75,000


Page 5

 
AWAAN INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,971
2,067

1,971
2,067



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
1,954
1,954

Other creditors
526,034
526,034

Accruals and deferred income
1,200
-

529,188
527,988


Page 6

 
AWAAN INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Related party transactions

M H Khan is the sole director and shareholder of the company.  
During the period, the director provided loans of £nil to the company. As at the balance sheet date, the company owed the director £180,860 (2023: £180,860) which is shown in other creditors due within one year. 
The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.

M H Khan is also a director and shareholder of Guardian Housing Limited. 
During the period, the company received loans of £Nil from Guardian Housing Limited. As at the balance sheet date, the company owed Guardian Housing Limited £345,174 (2023: £345,174) which is shown in other creditors due within one year. 
The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.

M H Khan is also a director and shareholder of Awaan Trading Limited. 
During the period, the company received loans of £nil from Awaan Trading Limited. As at the balance sheet date, Awaan Trading owed the company £75,000 (2023: £75,000) which is shown in other debtors due within one year. 
The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.


9.


Controlling party

During the period, the company was under the control of M H Khan.

 
Page 7