1 April 2024 false Taxfiler 2024.6 06151840business:PrivateLimitedCompanyLtd2024-04-012025-03-31 061518402024-03-31 061518402024-04-012025-03-31 06151840business:AuditExemptWithAccountantsReport2024-04-012025-03-31 06151840business:FilletedAccounts2024-04-012025-03-31 061518402025-03-31 06151840business:Director12024-04-012025-03-31 06151840business:Director22024-04-012025-03-31 06151840business:RegisteredOffice2024-04-012025-03-31 061518402024-03-31 06151840core:WithinOneYear2025-03-31 06151840core:WithinOneYear2024-03-31 06151840core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 06151840core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 06151840core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 06151840core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 06151840core:PreviouslyStatedAmount2025-03-31 06151840core:PreviouslyStatedAmount2024-03-31 06151840business:SmallEntities2024-04-012025-03-31 06151840countries:EnglandWales2024-04-012025-03-31 06151840core:FurnitureFittings2024-03-31 06151840core:ComputerEquipment2024-03-31 06151840core:FurnitureFittings2025-03-31 06151840core:ComputerEquipment2025-03-31 06151840core:FurnitureFittings2024-04-012025-03-31 06151840core:ComputerEquipment2024-04-012025-03-31 06151840business:OrdinaryShareClass12024-04-012025-03-31 06151840business:OrdinaryShareClass12023-04-012024-03-31 06151840business:OrdinaryShareClass22024-04-012025-03-31 06151840business:OrdinaryShareClass22023-04-012024-03-31 06151840business:AllOrdinaryShares2024-04-012025-03-31 06151840business:AllOrdinaryShares2023-04-012024-03-31 061518402023-04-012024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06151840 (England and Wales)
Arif Sokwala Limited Filleted accounts for the year ended 31 March 2025
Arif Sokwala Limited Filleted accounts Contents
Page
- 2 -
Arif Sokwala Limited Company Information for the year ended 31 March 2025
Directors
Mrs Muzna Parpia Mr Arif Sokwala
Company Number
06151840 (England and Wales)
Registered Office
Hawthorne House 17a Hawthorne Drive Leicester LE5 6DL United Kingdom
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
- 3 -
Arif Sokwala Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
10 
13 
Investment property
129,250 
129,250 
129,260 
129,263 
Current assets
Debtors
6,226 
13,971 
Cash at bank and in hand
123,043 
71,815 
129,269 
85,786 
Creditors: amounts falling due within one year
(22,638)
(28,893)
Net current assets
106,631 
56,893 
Net assets
235,891 
186,156 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
235,889 
186,154 
Shareholders' funds
235,891 
186,156 
For the year ending 31 March 2025 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 15 July 2025 and were signed on its behalf by
Mr Arif Sokwala Director Company Registration No. 06151840
- 4 -
Arif Sokwala Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Arif Sokwala Limited is a private company, limited by shares, registered in England and Wales, registration number 06151840. The registered office is Hawthorne House, 17a Hawthorne Drive, Leicester, LE5 6DL, United Kingdom.
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.
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.
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:
- 5 -
Arif Sokwala Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
1,525 
408 
1,933 
At 31 March 2025
1,525 
408 
1,933 
Depreciation
At 1 April 2024
1,512 
408 
1,920 
Charge for the year
3 
- 
3 
At 31 March 2025
1,515 
408 
1,923 
Net book value
At 31 March 2025
10 
- 
10 
At 31 March 2024
13 
- 
13 
5
Investment property
2025 
£ 
Fair value at 1 April 2024
129,250 
At 31 March 2025
129,250 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
7,745 
Other debtors
6,226 
6,226 
6,226 
13,971 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
16,402 
18,240 
Loans from directors
5,535 
9,813 
Accruals
701 
840 
22,638 
28,893 
- 6 -
Arif Sokwala Limited Notes to the Accounts for the year ended 31 March 2025
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 A Ordinary of £1 each
1 
- 
1 B Ordinary of £1 each
1 
- 
2 
- 
Shares issued during the period:
1 A Ordinary of £1 each
1 
1 B Ordinary of £1 each
1 
2 
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -