1 October 2023 false No description of principal activity Taxfiler 2024.6 12799343business:PrivateLimitedCompanyLtd2023-10-012024-09-30 127993432023-09-30 127993432023-10-012024-09-30 12799343business:AuditExemptWithAccountantsReport2023-10-012024-09-30 12799343business:AbridgedAccounts2023-10-012024-09-30 127993432024-09-30 127993432023-09-30 12799343core:WithinOneYear2024-09-30 12799343core:WithinOneYear2023-09-30 12799343core:AfterOneYear2024-09-30 12799343core:AfterOneYear2023-09-30 12799343core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 12799343core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 12799343core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 12799343core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 12799343core:PreviouslyStatedAmount2024-09-30 12799343core:PreviouslyStatedAmount2023-09-30 12799343business:SmallEntities2023-10-012024-09-30 12799343business:Director12023-10-012024-09-30 12799343countries:EnglandWales2023-10-012024-09-30 12799343business:RegisteredOffice2023-10-012024-09-30 127993432022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 12799343 (England and Wales)
SALEEM HOLDINGS LTD Unaudited accounts for the year ended 30 September 2024
SALEEM HOLDINGS LTD Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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SALEEM HOLDINGS LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
469,252 
211,797 
Current assets
Cash at bank and in hand
675 
2,065 
Creditors: amounts falling due within one year
(4,679)
(25,607)
Net current liabilities
(4,004)
(23,542)
Total assets less current liabilities
465,248 
188,255 
Creditors: amounts falling due after more than one year
(470,236)
(191,736)
Net liabilities
(4,988)
(3,481)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(4,991)
(3,484)
Shareholders' funds
(4,988)
(3,481)
For the year ending 30 September 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
SHAHID SALEEM Director Company Registration No. 12799343
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SALEEM HOLDINGS LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
SALEEM HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 12799343. The registered office is 113 STAINCLIFFE ROAD, DEWSBURY, WEST YORKSHIRE, WF13 4EE, UNITED KINGDOM.
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
These financial statements for the year ended 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment properties are properties held to earn rentals, for capital appreciation, or both. Investment properties are initially measured at cost and subsequently measured at fair value at each reporting date, with any changes in fair value recognized in profit or loss. No depreciation is charged on investment properties accounted for at fair value. Fair value is determined by reference to market-based evidence, using professional valuations where available. If fair value cannot be measured reliably without undue cost or effort, the property is measured using the cost model (cost less accumulated depreciation and impairment).
Change in Accounting Framework
During the year ended 30 September 2024, the company has changed its financial reporting framework from FRS 105 (Micro-entities) to FRS 102 Section 1A (Small Entities). On transition, the company reclassified its freehold property from tangible fixed assets to investment property. The carrying amount of £211,797 at 30 September 2023 under FRS 105 has been presented as investment property in the comparative figures. During the year ended 30 September 2024, further works were carried out on the property, resulting in additions of £257,455. At 30 September 2024, the total cost were £469,252. Property temporarily being carried at cost as not fully ready for the rental market. No Fair value adjustments booked this year. Apart from this reclassification, the transition to FRS 102 Section 1A has not had a material effect on the recognition and measurement of assets, liabilities, income or expenses. No restatement of profit or loss for prior year is required. Government grants are deducted from the cost of the assets (set-off method).
4
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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