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Company Registration No. 10975873 (England and Wales)
Aqah Properties Limited Unaudited accounts for the year ended 30 September 2024
Aqah Properties Limited Unaudited accounts Contents
Page
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Aqah Properties Limited Company Information for the year ended 30 September 2024
Directors
Aasim Mohammed Shabir Mohammed Shabir
Company Number
10975873 (England and Wales)
Registered Office
614-616 Stratford Road Sparkhill Birmingham West Midlands B11 4AP England
Accountants
Integritax Accountants Ltd 68 Yardley Road Acocks Green Birmingham B27 6LG
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Aqah Properties Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,762 
5,764 
Investment property
1,100,000 
1,100,000 
1,104,762 
1,105,764 
Current assets
Debtors
546,005 
- 
Cash at bank and in hand
12,260 
18,313 
558,265 
18,313 
Creditors: amounts falling due within one year
(49,663)
(262,642)
Net current assets/(liabilities)
508,602 
(244,329)
Total assets less current liabilities
1,613,364 
861,435 
Creditors: amounts falling due after more than one year
(702,486)
(8,184)
Provisions for liabilities
Deferred tax
(108,355)
(108,355)
Net assets
802,523 
744,896 
Capital and reserves
Called up share capital
6 
6 
Profit and loss account
802,517 
744,890 
Shareholders' funds
802,523 
744,896 
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 17 June 2025 and were signed on its behalf by
Aasim Mohammed Shabir Director Company Registration No. 10975873
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Aqah Properties Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Aqah Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10975873. The registered office is 614-616 Stratford Road, Sparkhill, Birmingham, West Midlands, B11 4AP, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Aqah Properties Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 October 2023
8,490 
At 30 September 2024
8,490 
Depreciation
At 1 October 2023
2,726 
Charge for the year
1,002 
At 30 September 2024
3,728 
Net book value
At 30 September 2024
4,762 
At 30 September 2023
5,764 
5
Investment property
2024 
£ 
Fair value at 1 October 2023
1,100,000 
At 30 September 2024
1,100,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
546,005 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,222 
5,350 
Trade creditors
950 
950 
Taxes and social security
38,491 
38,354 
Other creditors
- 
2,000 
Loans from directors
- 
212,988 
Accruals
5,000 
3,000 
49,663 
262,642 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
702,486 
8,184 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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