AZ PROPERTY AND INVESTMENTS LTD

Company Registration Number:
12882749 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

AZ PROPERTY AND INVESTMENTS LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

AZ PROPERTY AND INVESTMENTS LTD

Company Information

for the Period Ended 30 September 2024




Director: Mrs Dolapo Ayeni
Mr Oluwaseun Ayeni
Registered office: 110a
High Street
Sittingbourne
England
ME10 4PL
Company Registration Number: 12882749 (England and Wales)

AZ PROPERTY AND INVESTMENTS LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 280,000 280,000
Total fixed assets: 280,000 280,000
Current assets
Cash at bank and in hand: 27 1,530
Total current assets: 27 1,530
Prepayments and accrued income: 4,050 4,050
Creditors: amounts falling due within one year: ( 145,891 ) ( 143,388 )
Net current assets (liabilities): ( 141,814 ) ( 137,808 )
Total assets less current liabilities: 138,186 142,192
Creditors: amounts falling due after more than one year: ( 150,167 ) ( 152,690 )
Accruals and deferred income: ( 550 ) ( 550 )
Total net assets (liabilities): ( 12,531 ) ( 11,048 )

The notes form part of these financial statements

AZ PROPERTY AND INVESTMENTS LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 12,631 ) ( 11,148 )
Shareholders funds: ( 12,531 ) ( 11,048 )

For the year ending 30 September 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 May 2025
And Signed On Behalf Of The Board By:

Name: Mrs Dolapo Ayeni
Status: Director

The notes form part of these financial statements

AZ PROPERTY AND INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AZ PROPERTY AND INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

AZ PROPERTY AND INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

AZ PROPERTY AND INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 280,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2024 280,000
Depreciation
At 01 October 2023 -
Charge for year -
On disposals -
Other adjustments -
At 30 September 2024 -
Net book value
At 30 September 2024 280,000
At 30 September 2023 280,000

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and
loss account.