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REGISTERED NUMBER: 14436696 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

AMR Prime Property Ltd

AMR Prime Property Ltd (Registered number: 14436696)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AMR Prime Property Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr M Keivani
Mrs M Qejvani





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





BUSINESS ADDRESS: 15 Oak Crescent
Lydney
Gloucestershire
GL15 6PF





REGISTERED NUMBER: 14436696 (England and Wales)





ACCOUNTANTS: ARC & Co. Accountants Limited
Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA

AMR Prime Property Ltd (Registered number: 14436696)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,086 1,166
Investment property 5 418,720 129,165
429,806 130,331

CURRENT ASSETS
Debtors 6 6,175 -
Cash at bank 5,112 4,708
11,287 4,708
CREDITORS
Amounts falling due within one year 7 236,392 145,462
NET CURRENT LIABILITIES (225,105 ) (140,754 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,701

(10,423

)

CREDITORS
Amounts falling due after more than one
year

8

214,835

-
NET LIABILITIES (10,134 ) (10,423 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 (10,234 ) (10,523 )
SHAREHOLDERS' FUNDS (10,134 ) (10,423 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

AMR Prime Property Ltd (Registered number: 14436696)

Balance Sheet - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2025 and were signed on its behalf by:





Mrs M Qejvani - Director


AMR Prime Property Ltd (Registered number: 14436696)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

AMR Prime Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

AMR Prime Property Ltd (Registered number: 14436696)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Going concern
The company continues to trade with the support of the directors who do not envisage any going concern issues.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2023 - 1,755 1,755
Additions 13,740 - 13,740
At 31 October 2024 13,740 1,755 15,495
DEPRECIATION
At 1 November 2023 - 589 589
Charge for year 3,435 385 3,820
At 31 October 2024 3,435 974 4,409
NET BOOK VALUE
At 31 October 2024 10,305 781 11,086
At 31 October 2023 - 1,166 1,166

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 November 2023
DEPRECIATION
Charge for year 3,435
At 31 October 2024 3,435
NET BOOK VALUE
At 31 October 2024 (3,435 )

AMR Prime Property Ltd (Registered number: 14436696)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 129,165
Additions 271,172
Revaluations 18,383
At 31 October 2024 418,720
NET BOOK VALUE
At 31 October 2024 418,720
At 31 October 2023 129,165

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2024 18,383
Cost 400,337
418,720

If investment property had not been revalued it would have been included at the following historical cost:

31.10.24 31.10.23
£    £   
Cost 400,337 129,165

Investment property was valued on an open market basis on 6 March 2024 by Kent Reliance .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Tenant deposits held by
third party 4,197 -
Prepayments 1,978 -
6,175 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Hire purchase contracts 9,740 -
Tenant deposits 4,197 -
Directors' current accounts 221,465 144,862
Accrued expenses 990 600
236,392 145,462

AMR Prime Property Ltd (Registered number: 14436696)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 214,835 -

9. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Bank loans 214,835 -
Hire purchase contracts 9,740 -
224,575 -

The bank loans and hire purchase contracts are secured against the assets to which they relate.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 November 2023 (10,523 )
Profit for the year 289
At 31 October 2024 (10,234 )

12. RELATED PARTY DISCLOSURES

During the year the directors, Mrs M Qejvani and Mr M Keivani, being mother and son, made net deposits to their account of £76,603. The balance on their account at 31 October 2024 was £221,465 in credit (2023 - £144,862).

13. ULTIMATE CONTROLLING PARTY

Mrs M Qejvani and Mr M Keivani together form the ultimate controlling party by virtue of their holding all of the company's issued share capital.