Registered number
12149471
Aftab Haroon Investments Ltd
Filleted Accounts
31 August 2024
Aftab Haroon Investments Ltd
Registered number: 12149471
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 573,550 573,550
Current assets
Debtors 4 4,500 -
Cash at bank and in hand 69,570 194
74,070 194
Creditors: amounts falling due within one year 5 (37,870) (29,243)
Net current assets/(liabilities) 36,200 (29,049)
Total assets less current liabilities 609,750 544,501
Creditors: amounts falling due after more than one year 6 (514,439) (472,439)
Net assets 95,311 72,062
Capital and reserves
Called up share capital 100 100
Profit and loss account 95,211 71,962
Shareholders' funds 95,311 72,062
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Haroon Ahmed
Director
Approved by the board on 12 May 2025
Aftab Haroon Investments Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible Fixed Assets
The Proprty is held as Investment Property and as such no Depreciation is Provided.The property is measured at cost.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 September 2023 573,550
At 31 August 2024 573,550
Depreciation
At 31 August 2024 -
Net book value
At 31 August 2024 573,550
At 31 August 2023 573,550
4 Debtors 2024 2023
£ £
Trade debtors 4,500 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 9,207 17,530
Other creditors 28,663 11,713
37,870 29,243
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 514,439 472,439
7 Other information
Aftab Haroon Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
120 Third Ave
London E12 6DT
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