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Company Registration No. 08551171 (England and Wales)
M & J Afzal Estates Limited Unaudited accounts for the year ended 31 March 2024
M & J Afzal Estates Limited Unaudited accounts Contents
Page
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M & J Afzal Estates Limited Company Information for the year ended 31 March 2024
Director
Imran Mohammed AFZAL
Company Number
08551171 (England and Wales)
Registered Office
45 Merton Street Banbury OX16 4RX England
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M & J Afzal Estates Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
87,981 
87,981 
Current assets
Cash at bank and in hand
1,602 
549 
Creditors: amounts falling due within one year
(40,438)
(40,648)
Net current liabilities
(38,836)
(40,099)
Total assets less current liabilities
49,145 
47,882 
Creditors: amounts falling due after more than one year
(39,034)
(39,034)
Net assets
10,111 
8,848 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,011 
8,748 
Shareholders' funds
10,111 
8,848 
For the year ending 31 March 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.
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 1 July 2025 and were signed on its behalf by
Imran Mohammed AFZAL Director Company Registration No. 08551171
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M & J Afzal Estates Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
M & J Afzal Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 08551171. The registered office is 45 Merton Street, Banbury, OX16 4RX, 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.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
87,981 
At 31 March 2024
87,981 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,754 
6,754 
Taxes and social security
297 
507 
Loans from directors
33,387 
33,387 
40,438 
40,648 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
34,723 
39,034 
Other creditors
4,311 
- 
39,034 
39,034 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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