Company Registration No. 12900274 (England and Wales)
Altafs Properties Ltd
Unaudited accounts
for the year ended 30 September 2024
Altafs Properties Ltd
Accountants' report
Accountants' report to the director of Altafs Properties Ltd on the preparation of the unaudited statutory accounts for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Altafs Properties Ltd for the year ended
30 September 2024 as set out on pages
3 -
4 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Altafs Properties Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Altafs Properties Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Altafs Properties Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Altafs Properties Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Altafs Properties Ltd. You consider that Altafs Properties Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Altafs Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Sigmatax
J O Hunter House
409 Bradford Road
Huddersfield
West Yorkshire
HD2 2RB
5 May 2025
Altafs Properties Ltd
Statement of financial position
as at 30 September 2024
Called up share capital not paid
10
10
Tangible assets
327,325
318,100
Cash at bank and in hand
8,453
37,192
Creditors: amounts falling due within one year
(495,734)
(385,728)
Net current liabilities
(484,753)
(347,184)
Net liabilities
(157,418)
(29,074)
Called up share capital
10
10
Profit and loss account
(157,428)
(29,084)
Shareholders' funds
(157,418)
(29,074)
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 director acknowledges his 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 the year 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 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 and authorised for issue on 5 May 2025 and were signed on its behalf by
Amjid Hussain
Director
Company Registration No. 12900274
Altafs Properties Ltd
Notes to the Accounts
for the year ended 30 September 2024
Altafs Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12900274. The registered office is 227 Manningham Lane, United Kingdom, BD8 7HH, Bradford, West Yorkshire, BD8 7HH, United Kingdom.
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:
Land & buildings
0% on cost
Computer equipment
25% on Cost
4
Tangible fixed assets
Total
At 30 September 2024
330,400
At 30 September 2024
3,075
At 30 September 2024
327,325
At 30 September 2023
318,100
5
Average number of employees
During the year the average number of employees was 1 (2023: 1).