ALI & SONS ESTATES LIMITED


Directors	I Ali
	Mrs S Ali


Registered Address	121 Crawford Street
	London
	W1U 6BE


Registered Number	09906800 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		916		1,222
Investments	5		100		100
Investment property	4		2,900,842		2,900,842
			2,901,858		2,902,164
Current assets
Debtors	6	4,946		9,082
Cash at bank and on hand		7,490		9,212
		12,436		18,294
Creditors amounts falling due within one year	7	(733,167)		(684,072)
Net current assets (liabilities)			(720,731)		(665,778)
Total assets less current liabilities			2,181,127		2,236,386
Creditors amounts falling due after one year	8		(1,334,209)		(1,394,509)
Provisions for liabilities	9		(133,240)		(135,016)
Net assets			713,678		706,861
Capital and reserves
Called up share capital			165,100		165,100
Other reserves			532,043		532,043
Profit and loss account			16,535		9,718
Shareholders' funds			713,678		706,861

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 10 July 2025, and are signed on its behalf by:

I Ali
Director
Registered Company No. 09906800

ALI & SONS ESTATES LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention modified to include investment properties at fair value. The financial statements have been prepared in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the rent received or receivable, net of discounts and value added taxes.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are initially stated at cost and subsequently stated at cost less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	25

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Investment property
	Investment property which is property held to earn rentals and/or for capital appreciation is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit and loss account.

	Financial instruments
	The company has elected to apply the provisions of Section 11'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised

Financial instruments

The company has elected to apply the provisions of Section 11'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of
interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 24	5,518	998	6,516
At 31 December 24	5,518	998	6,516
Depreciation and impairment
At 01 January 24	4,478	816	5,294
Charge for year	260	46	306
At 31 December 24	4,738	862	5,600
Net book value
At 31 December 24	780	136	916
At 31 December 23	1,040	182	1,222

4.	Investment property
	In the opinion of the director, the market value of the other property is not materially different to the carrying value in the accounts as the balance sheet date. The historic cost of the investment property is £2,368,799 (2023: £2,368,799)


		£
	Fair value at 01 January 24	2,900,842
	At 31 December 24	2,900,842

5.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 24	100	100
At 31 December 24	100	100
Net book value
At 31 December 24	100	100
At 31 December 23	100	100

	Notes
	¹Investments in group undertakings and participating interests

6.	Debtors: amounts due within one year

	2024	2023
	£	£
Amounts owed by group undertakings	-	8,500
Other debtors	4,946	100
Prepayments and accrued income	-	482
Total	4,946	9,082

7.	Creditors: amounts due within one year

	2024	2023
	£	£
Bank borrowings and overdrafts	58,294	55,658
Amounts owed to related parties	478,569	450,174
Taxation and social security	1,254	-
Other creditors	194,150	177,640
Accrued liabilities and deferred income	900	600
Total	733,167	684,072

8.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	1,334,209	1,394,509
Total	1,334,209	1,394,509


	Included in creditors due with in one year and more than one year are the bank loans amounting to £1,392,504 (2023: £1,450,167). The bank loans are secured by way of a fixed charge over the freehold property. The subsidiary, London Rehabilitation Centre Limited has provided guarantee by way of debenture in respect of outstanding loans in this Company.

9.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	133,240	135,016
Total	133,240	135,016

10.	Related party transactions
	Included in other creditors falling due within one year are due to the directors £189,304 (2023: £165,307). During the year, the company received a rent of £72,000 (2023: Nil) from its group company, London Rehabilitation Centre Limited.