BrightAccountsProduction v1.0.0 v1.0.0 2024-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts 21 August 2025 0 0 14721214 2024-12-31 14721214 2023-12-31 14721214 2022-12-31 14721214 2024-01-01 2024-12-31 14721214 2023-01-01 2023-12-31 14721214 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14721214 uk-curr:PoundSterling 2024-01-01 2024-12-31 14721214 uk-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14721214 uk-bus:AbridgedAccounts 2024-01-01 2024-12-31 14721214 uk-bus:Director1 2024-01-01 2024-12-31 14721214 uk-bus:RegisteredOffice 2024-01-01 2024-12-31 14721214 uk-core:ShareCapital 2024-12-31 14721214 uk-core:ShareCapital 2023-12-31 14721214 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 14721214 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 14721214 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 14721214 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 14721214 uk-bus:FRS102 2024-01-01 2024-12-31 14721214 2024-01-01 2024-12-31 14721214 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 14721214
 
 
AIG Property Holdings Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2024
AIG Property Holdings Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Gregory Young
 
 
Company Registration Number 14721214
 
 
Registered Office 32 Portland Terrace
Jesmond
Tyne and Wear
NE2 1QP
United Kingdom



AIG Property Holdings Ltd
Company Registration Number: 14721214
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 December 2024

2024 2023
Notes £ £
 
Current Assets
Cash and cash equivalents 1,089 1,784
Creditors: amounts falling due within one year (2,513) (1,500)
───────── ─────────
Net Current (Liabilities)/Assets (1,424) 284
───────── ─────────
Total Assets less Current Liabilities (1,424) 284
═════════ ═════════
 
Capital and Reserves
Called up share capital 1,000 1,000
Retained earnings (2,424) (716)
───────── ─────────
Equity attributable to owners of the company (1,424) 284
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Director's Report.
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 21 August 2025
           
           
           
________________________________          
Gregory Young          
Director          
           



AIG Property Holdings Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2024

   
1. General Information
 
AIG Property Holdings Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 14721214. The registered office of the company is 32 Portland Terrace, Jesmond, Tyne and Wear, NE2 1QP, United Kingdom. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Abridged Statement of Financial Position bank overdrafts are shown within Creditors.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Related parties
For the purposes of these financial statements a party is considered to be related to the company if:
 
- the party has the ability, directly or indirectly, through one or more intermediaries to control the company or exercise significant influence over the company in making financial and operating policy decisions or has joint control over the company;
- the company and the party are subject to common control;
- the party is an associate of the company or forms part of a joint venture with the company;
- the party is a member of key management personnel of the company or the company's parent, or a close family member of such as an individual, or is an entity under the control, joint control or significant influence of such individuals;
- the party is a close family member of a party referred to above or is an entity under the control or significant influence of such individuals; or
- the party is a post-employment benefit plan which is for the benefit of employees of the company or of any entity that is a related party of the company.
 
Close family members of an individual are those family members who may be expected to influence, or be influenced by, that individual in their dealings with the company.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The comparative figures relate to the 10 month period ended 31 December 2023.
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was 0, (2023 - 0).
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2024.
   
6. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.