Registered number
12145914
AMARI AND ME HOMES LIMITED
Filleted Accounts
31 August 2024
AMARI AND ME HOMES LIMITED
Registered number: 12145914
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 267,252 267,252
Current assets
Cash at bank and in hand 12,421 10,018
Creditors: amounts falling due within one year 4 (102,125) (103,797)
Net current liabilities (89,704) (93,779)
Total assets less current liabilities 177,548 173,473
Creditors: amounts falling due after more than one year 5 (168,771) (169,042)
Net assets 8,777 4,431
Capital and reserves
Called up share capital 1 1
Profit and loss account 8,776 4,430
Shareholder's funds 8,777 4,431
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.
Amit Patel
Director
Approved by the board on 20 June 2025
AMARI AND ME HOMES LIMITED
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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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 1 1
3 Investments
Other
investments
£
Cost
At 1 September 2023 267,252
At 31 August 2024 267,252
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 968 -
Other creditors 101,157 103,797
102,125 103,797
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 168,771 169,042
6 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 168,771 -
The company has bank loans secured against assets of the company. The company have loans with Fleet Mortgages. The balance on laon account at the end of Aug 2024 is £168771, the interest rate charged is 5.4%.
7 Other information
AMARI AND ME HOMES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
16 Becket Close
Woodford Green
United Kingdom
IG8 8FG
AMARI AND ME HOMES LIMITED 12145914 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 Amit Patel No description of principal activity 12145914 2022-09-01 2023-08-31 12145914 core:WithinOneYear 2023-08-31 12145914 core:AfterOneYear 2023-08-31 12145914 core:ShareCapital 2023-08-31 12145914 core:RetainedEarningsAccumulatedLosses 2023-08-31 12145914 2023-09-01 2024-08-31 12145914 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12145914 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12145914 bus:Director40 2023-09-01 2024-08-31 12145914 1 2023-09-01 2024-08-31 12145914 2 2023-09-01 2024-08-31 12145914 countries:England 2023-09-01 2024-08-31 12145914 bus:FRS102 2023-09-01 2024-08-31 12145914 bus:FilletedAccounts 2023-09-01 2024-08-31 12145914 2024-08-31 12145914 core:WithinOneYear 2024-08-31 12145914 core:AfterOneYear 2024-08-31 12145914 core:ShareCapital 2024-08-31 12145914 core:RetainedEarningsAccumulatedLosses 2024-08-31 12145914 2023-08-31 iso4217:GBP xbrli:pure