Company Registration No. 12882574 (England and Wales)
AQUILA PROPERTY DEVELOPMENT LIMITED
Unaudited accounts
for the year ended 30 September 2024
AQUILA PROPERTY DEVELOPMENT LIMITED
Unaudited accounts
Contents
AQUILA PROPERTY DEVELOPMENT LIMITED
Company Information
for the year ended 30 September 2024
Directors
SALEEM AKBAR BEG
GAZALA SALEEM BEG
Company Number
12882574 (England and Wales)
Registered Office
40 Woodfield Avenue
London
London
SW16 1LG
England
Accountants
Nationwide Accountants
704 London Road
North Cheam
Sutton
Surrey
SM3 9BY
AQUILA PROPERTY DEVELOPMENT LIMITED
Statement of financial position
as at 30 September 2024
Investment property
2,409,798
1,999,931
Cash at bank and in hand
26,097
193,869
Creditors: amounts falling due within one year
(874)
(613)
Net current assets
25,223
193,256
Total assets less current liabilities
2,436,187
2,193,533
Creditors: amounts falling due after more than one year
(2,496,697)
(2,214,225)
Net liabilities
(60,510)
(20,692)
Called up share capital
2
2
Profit and loss account
(60,512)
(20,694)
Shareholders' funds
(60,510)
(20,692)
For the year ending 30 September 2024 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 20 June 2025 and were signed on its behalf by
SALEEM AKBAR BEG
Director
Company Registration No. 12882574
AQUILA PROPERTY DEVELOPMENT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
AQUILA PROPERTY DEVELOPMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12882574. The registered office is 40 Woodfield Avenue, London, London, SW16 1LG, 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.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Computer equipment
At 30 September 2024
1,786
At 30 September 2024
1,166
Fair value at 1 October 2023
1,999,931
At 30 September 2024
2,409,798
AQUILA PROPERTY DEVELOPMENT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,189,468
907,051
Loans from directors
1,307,229
1,307,174
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).