Company Registration No. 08980231 (England and Wales)
Major Estates (Harrow) Limited
Unaudited accounts
for the year ended 31 January 2025
Major Estates (Harrow) Limited
Unaudited accounts
Contents
Major Estates (Harrow) Limited
Company Information
for the year ended 31 January 2025
Directors
Dinesh Shonchhatra
Minesh Shonchhatra
Mehul Shonchhatra
Neil Shonchhatra
Secretary
Minesh Shonchhatra
Company Number
08980231 (England and Wales)
Registered Office
77 High Street
Wealdstone
Harrow
HA3 5DQ
ENGLAND
Accountants
Abacus Accounting Solutions Ltd
5 Pasture Close
North Wembley
Middlesex
HA0 3JE
Major Estates (Harrow) Limited
Statement of financial position
as at 31 January 2025
Intangible assets
91,000
100,100
Tangible assets
66,714
73,187
Investment property
236,223
236,223
Cash at bank and in hand
2,009,014
1,777,856
Creditors: amounts falling due within one year
(1,215,525)
(1,099,474)
Net current assets
798,857
678,382
Total assets less current liabilities
1,192,794
1,087,892
Creditors: amounts falling due after more than one year
-
(7,440)
Net assets
1,192,794
1,080,452
Called up share capital
10,000
10,000
Share premium
175,000
175,000
Profit and loss account
1,007,794
895,452
Shareholders' funds
1,192,794
1,080,452
For the year ending 31 January 2025 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 12 May 2025 and were signed on its behalf by
Dinesh Shonchhatra
Director
Company Registration No. 08980231
Major Estates (Harrow) Limited
Notes to the Accounts
for the year ended 31 January 2025
Major Estates (Harrow) Limited is a private company, limited by shares, registered in England and Wales, registration number 08980231. The registered office is 77 High Street, Wealdstone , Harrow, HA3 5DQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill has been written off over its useful life of 20 years.
Grants receivable
Business grants are credited to profit and loss account on an accruals basis where it is probable that they will be received.
The accounts are presented in £ sterling.
4
Intangible fixed assets
Goodwill
At 1 February 2024
182,000
At 31 January 2025
182,000
At 31 January 2024
100,100
Major Estates (Harrow) Limited
Notes to the Accounts
for the year ended 31 January 2025
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
57,705
33,754
18,998
110,457
At 31 January 2025
57,705
36,993
18,998
113,696
At 1 February 2024
5,770
17,100
14,400
37,270
Charge for the year
5,194
2,985
1,533
9,712
At 31 January 2025
10,964
20,085
15,933
46,982
At 31 January 2025
46,741
16,908
3,065
66,714
At 31 January 2024
51,935
16,654
4,598
73,187
Fair value at 1 February 2024
236,223
At 31 January 2025
236,223
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
7,440
11,160
Taxes and social security
117,048
77,208
Other creditors
1,090,187
1,010,406
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
7,440
Major Estates (Harrow) Limited
Notes to the Accounts
for the year ended 31 January 2025
10
Operating lease commitments
2025
2024
At 31 January 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
5,824
-
Later than one year and not later than five years
6,794
-
11
Average number of employees
During the year the average number of employees was 9 (2024: 9).