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ASK LONDON PROPERTY INVESTMENTS LIMITED

Registered Number
13750550
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2024

ASK LONDON PROPERTY INVESTMENTS LIMITED
Company Information
for the year from 1 December 2023 to 30 November 2024

Directors

GANATRA, A
KHIMJI, C B

Registered Address

38 Howden Road
London
SE25 4AS

Registered Number

13750550 (England and Wales)
ASK LONDON PROPERTY INVESTMENTS LIMITED
Balance Sheet as at
30 November 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investment property3831,470831,470
831,470831,470
Current assets
Debtors47,000-
Cash at bank and on hand1,8196,415
8,8196,415
Creditors amounts falling due within one year5(18,802)(17,835)
Net current assets (liabilities)(9,983)(11,420)
Total assets less current liabilities821,487820,050
Creditors amounts falling due after one year6(784,906)(804,906)
Net assets36,58115,144
Capital and reserves
Called up share capital100100
Profit and loss account36,48115,044
Shareholders' funds36,58115,144
The financial statements were approved and authorised for issue by the Board of Directors on 12 May 2025, and are signed on its behalf by:
KHIMJI, C B
Director
Registered Company No. 13750550
ASK LONDON PROPERTY INVESTMENTS LIMITED
Notes to the Financial Statements
for the year ended 30 November 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration of rent received or receivable.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
2.Average number of employees

20242023
Average number of employees during the year00
3.Investment property

£
Fair value at 01 December 23831,470
At 30 November 24831,470
4.Debtors: amounts due within one year

2024

2023

££
Prepayments and accrued income7,000-
Total7,000-
5.Creditors: amounts due within one year

2024

2023

££
Taxation and social security5,0293,529
Other creditors12,81412,505
Accrued liabilities and deferred income9591,801
Total18,80217,835
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts602,268602,268
Other creditors182,638202,638
Total784,906804,906
7.Directors advances, credits and guarantees
Included in other creditors less than one year and more than one year is an amount of £195,452 (2023: £215,143) is due to directors of the company.