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Company Registration No. 10528149 (England and Wales)
Saiga Property Ltd Unaudited accounts for the year ended 31 August 2024
Saiga Property Ltd Unaudited accounts Contents
Page
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Saiga Property Ltd Company Information for the year ended 31 August 2024
Director
Muhammad Abubakar Khan
Company Number
10528149 (England and Wales)
Registered Office
UNIT C1 A POOLE HALL ROAD INDUSTRIAL ESTATE ELLESMERE PORT CH66 1ST ENGLAND
Accountants
PRIME ACCOUNTANTS 10 LOCKWOOD HOUSE LOCKWOOD PARK HUDDERSFIELD HD4 6EN
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Saiga Property Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,867 
24,334 
Tangible assets
175 
1,485 
Investment property
1,104,999 
1,104,999 
1,109,041 
1,130,818 
Current assets
Debtors
598,708 
630,736 
Cash at bank and in hand
8,629 
2,156 
607,337 
632,892 
Creditors: amounts falling due within one year
(79,067)
(14,694)
Net current assets
528,270 
618,198 
Total assets less current liabilities
1,637,311 
1,749,016 
Creditors: amounts falling due after more than one year
(1,317,403)
(1,433,012)
Provisions for liabilities
Deferred tax
(96,417)
(96,106)
Net assets
223,491 
219,898 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
223,391 
219,798 
Shareholders' funds
223,491 
219,898 
For the year ending 31 August 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 29 August 2025 and were signed on its behalf by
Muhammad Abubakar Khan Director Company Registration No. 10528149
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Saiga Property Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Saiga Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 10528149. The registered office is UNIT C1 A, POOLE HALL ROAD INDUSTRIAL ESTATE, ELLESMERE PORT, CH66 1ST, 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Computer equipment
Straight line - 33%
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
24,334 
Disposals
(21,711)
Revaluations
1,244 
At 31 August 2024
3,867 
Amortisation
At 1 September 2023
- 
At 31 August 2024
- 
Net book value
At 31 August 2024
3,867 
At 31 August 2023
24,334 
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Saiga Property Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
3,970 
At 31 August 2024
3,970 
Depreciation
At 1 September 2023
2,485 
Charge for the year
1,310 
At 31 August 2024
3,795 
Net book value
At 31 August 2024
175 
At 31 August 2023
1,485 
6
Investment property
2024 
£ 
Fair value at 1 September 2023
1,104,999 
At 31 August 2024
1,104,999 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
658 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
46,684 
284,474 
Other debtors
552,024 
345,604 
598,708 
630,078 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
55,469 
13,648 
Amounts owed to group undertakings and other participating interests
22,793 
- 
Taxes and social security
- 
1,046 
Other creditors
805 
- 
79,067 
14,694 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
672,620 
678,176 
Loans from directors
644,783 
754,836 
1,317,403 
1,433,012 
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Saiga Property Ltd Notes to the Accounts for the year ended 31 August 2024
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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