Registration number: 10758966

Ahyan Capital Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 3

Ahyan Capital Limited

(Registration number: 10758966)

Balance Sheet as at 31 March 2024

	Note	2024 £	2023 £
Current assets
Debtors	3	6,212,038	6,212,038
Cash at bank and in hand		51,537	51,537
		6,263,575	6,263,575
Creditors: Amounts falling due within one year	4	(6,204,937)	(6,204,937)
Net assets		58,638	58,638
Capital and reserves
Called up share capital		2	2
Retained earnings		58,636	58,636
Shareholders' funds		58,638	58,638

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 19 September 2025
 

.........................................

Mr T Shah

Director

Ahyan Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1	Accounting policies

Statutory information

Ahyan Capital Limited is a private company, limited by shares, domiciled in England and Wales, company number 10758966. The registered office is at 3 Cavendish Court, South Parade, Doncaster, DN1 2DJ.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Revenue recognition

Revenue cosnists of interest received in relation to loans issued.

Tax

The tax expense for the period comprises current tax. Tax is recognised in statement of income and retained earnings, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Ahyan Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

1	Accounting policies (continued)

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.
 

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

3

Debtors

Debtors: amounts falling due within one year

	2024 £	2023 £
Other debtors	6,212,038	6,212,038
	6,212,038	6,212,038

Details of non-current trade and other debtors

£6,065,454 (2023 -£6,065,454) of other debtors is classified as non current.

4

Creditors

	2024 £	2023 £
Due within one year
Trade creditors	810	810
Accruals and deferred income	1,548	1,548
Other loans	6,192,625	6,192,625
Income tax liability	9,954	9,954
	6,204,937	6,204,937