IRIS Accounts Production v25.2.0.378 11061986 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110619862023-11-30110619862024-11-30110619862023-12-012024-11-30110619862022-11-30110619862022-12-012023-11-30110619862023-11-3011061986ns15:EnglandWales2023-12-012024-11-3011061986ns14:PoundSterling2023-12-012024-11-3011061986ns10:Director12023-12-012024-11-3011061986ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3011061986ns10:SmallEntities2023-12-012024-11-3011061986ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3011061986ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3011061986ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3011061986ns10:FullAccounts2023-12-012024-11-3011061986ns10:OrdinaryShareClass12023-12-012024-11-3011061986ns10:Director22023-12-012024-11-3011061986ns10:RegisteredOffice2023-12-012024-11-3011061986ns5:CurrentFinancialInstruments2024-11-3011061986ns5:CurrentFinancialInstruments2023-11-3011061986ns5:ShareCapital2024-11-3011061986ns5:ShareCapital2023-11-3011061986ns5:RevaluationReserve2024-11-3011061986ns5:RevaluationReserve2023-11-3011061986ns5:RetainedEarningsAccumulatedLosses2024-11-3011061986ns5:RetainedEarningsAccumulatedLosses2023-11-3011061986ns5:LongLeaseholdAssetsns5:LandBuildings2023-11-3011061986ns5:ComputerEquipment2023-11-3011061986ns5:LongLeaseholdAssetsns5:LandBuildings2023-12-012024-11-3011061986ns5:ComputerEquipment2023-12-012024-11-3011061986ns5:LongLeaseholdAssetsns5:LandBuildings2024-11-3011061986ns5:ComputerEquipment2024-11-3011061986ns5:LongLeaseholdAssetsns5:LandBuildings2023-11-3011061986ns5:ComputerEquipment2023-11-3011061986ns10:OrdinaryShareClass12024-11-3011061986ns5:RetainedEarningsAccumulatedLosses2023-11-3011061986ns5:RevaluationReserve2023-11-3011061986ns5:RetainedEarningsAccumulatedLosses2023-12-012024-11-30
REGISTERED NUMBER: 11061986 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

AFT PROPERTY INVESTMENTS LIMITED

AFT PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 11061986)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AFT PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr G R Asman
Mrs S Asman





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 11061986 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

AFT PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 11061986)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 960,840 995,928

CURRENT ASSETS
Debtors 5 - 877
Cash at bank 1,789 342
1,789 1,219
CREDITORS
Amounts falling due within one year 6 1,066,606 1,063,930
NET CURRENT LIABILITIES (1,064,817 ) (1,062,711 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(103,977

)

(66,783

)

CAPITAL AND RESERVES
Called up share capital 7 2 2
Revaluation reserve 8 (34,968 ) -
Retained earnings 8 (69,011 ) (66,785 )
SHAREHOLDERS' FUNDS (103,977 ) (66,783 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 29 August 2025 and were signed on its behalf by:





Mr G R Asman - Director


AFT PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 11061986)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

AFT Property Investments Limited 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.

Rent received
Turnover represents rents receivable on properties within the UK. Rents are receivable on a monthly basis and where payments are receivable from tenants for periods ending after the balance sheet date, the relevant proportion of rent receivable is recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets
The land and buildings are stated at cost and have not been depreciated as the directors do not consider this to be necessary as the leases are over 50 years.

Computer Equipment is stated at cost less accumulated depreciation. Depreciation has been provided at 33.33% on cost.

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.

Going concern disclosure
The directors have formed a judgement at the time of approving the Annual Financial Statements that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

AFT PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 11061986)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Land and Computer
buildings equipment Totals
£    £    £   
COST OR VALUATION
At 1 December 2023 995,808 2,162 997,970
Revaluations (34,968 ) - (34,968 )
At 30 November 2024 960,840 2,162 963,002
DEPRECIATION
At 1 December 2023 - 2,042 2,042
Charge for year - 120 120
At 30 November 2024 - 2,162 2,162
NET BOOK VALUE
At 30 November 2024 960,840 - 960,840
At 30 November 2023 995,808 120 995,928

Cost or valuation at 30 November 2024 is represented by:

Land and Computer
buildings equipment Totals
£    £    £   
Valuation in 2024 (34,968 ) - (34,968 )
Cost 995,808 2,162 997,970
960,840 2,162 963,002

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors - 877

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors - 1
Directors' loan accounts 1,064,757 1,062,250
Accruals and deferred income 1,849 1,679
1,066,606 1,063,930

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
2 Ordinary shares £1 2 2

AFT PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 11061986)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 December 2023 (66,785 ) - (66,785 )
Deficit for the year (37,194 ) (37,194 )
Revaluation reserve 34,968 (34,968 ) -
At 30 November 2024 (69,011 ) (34,968 ) (103,979 )