Registered number
10773004
Awan Properties Manchester Limited
Filleted Accounts
31 May 2025
Awan Properties Manchester Limited
Registered number: 10773004
Balance Sheet
as at 31 May 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 128,904 -
Current assets
Debtors 4 - 8,184
Cash at bank and in hand 58,830 37,926
58,830 46,110
Creditors: amounts falling due within one year 5 (63,672) (864)
Net current (liabilities)/assets (4,842) 45,246
Total assets less current liabilities 124,062 45,246
Creditors: amounts falling due after more than one year 6 (125,377) (38,368)
Net (liabilities)/assets (1,315) 6,878
Capital and reserves
Called up share capital 100 100
Profit and loss account (1,415) 6,778
Shareholders' funds (1,315) 6,878
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Mr Iftikhar Ahmad Awan
Director
Approved by the board on 9 June 2025
Awan Properties Manchester Limited
Notes to the Accounts
for the year ended 31 May 2025
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. Turnover includes revenue earned from the rendering of property management services. 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.
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Investment property
£
Cost
Additions 128,904
At 31 May 2025 128,904
Depreciation
At 31 May 2025 -
Net book value
At 31 May 2025 128,904
4 Debtors 2025 2024
£ £
Other debtors - 8,184
5 Creditors: amounts falling due within one year 2025 2024
£ £
Director`s account 62,808 -
Taxation and social security costs 264 264
Accruals and deferred income 600 600
63,672 864
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 125,377 38,368
7 Other information
Awan Properties Manchester Limited is a private company limited by shares and incorporated in England. Its registered office is:
37 Green Pastures
Stockport
SK4 3RB
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