Shabz Properties Limited

Shabz Properties Limited
Contents Page
For the Period 22 January 2024 to 31 January 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Shabz Properties Limited Accountants' Report For the Period 22 January 2024 to 31 January 2025
Accountants report You consider that the company is exempt from an audit for the year ended 31 January 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... ASH ACCOUNTANCY AND BOOKKEEPING LTD Meanwhile House, Cardiff, CF10 5DY Meanwhile Creative, F3 Meanwhile House Cardiff, Williams Way, Butetown Cardiff SOUTH GLAMORGAN CF10 5DY 16 October 2025 1

Shabz Properties Limited
Accountants' Report
For the Period 22 January 2024 to 31 January 2025

Accountants report
You consider that the company is exempt from an audit for the year ended 31 January 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

....................................................
ASH ACCOUNTANCY AND BOOKKEEPING LTD
Meanwhile House, Cardiff, CF10 5DY
Meanwhile Creative, F3
Meanwhile House Cardiff, Williams Way, Butetown
Cardiff
SOUTH GLAMORGAN
CF10 5DY
16 October 2025

1

Shabz Properties Limited
Statement of Financial Position
As at 31 January 2025

	Notes	2025 £
Fixed assets
Tangible fixed assets	3	195,475
		195,475
Current assets
Cash at bank and in hand		10,248
Creditors: amount falling due within one year		(2,089)
Net current assets		8,159

Total assets less current liabilities		203,634
Creditors: amount falling due after more than one year		(199,858)
Net assets		3,776

Capital and reserves
Called up share capital	4	1
Profit and loss account		3,775
Shareholders' funds		3,776

For the period ended 31 January 2025 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 period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 16 October 2025 and were signed by:

-------------------------------
Shabeer NASSIM
Director

2

Shabz Properties Limited
Notes to the Abridged Financial Statements
For the Period 22 January 2024 to 31 January 2025

General Information

Shabz Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 15432985, registration address 13 Coedcae Street, Grangetown, Cardiff, CF11 7AA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and buildings

2%

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

2.	Average number of employees Company have no employee during the period of accounts. Average number of employees during the period was 0.

3.

Tangible fixed assets

Cost or valuation	Land and buildings	Total
	£	£
At 22 January 2024	-	-
Additions	198,050	198,050
Disposals	-	-
At 31 January 2025	198,050	198,050
Depreciation
At 22 January 2024	-	-
Charge for period	2,575	2,575
On disposals	-	-
At 31 January 2025	2,575	2,575
Net book values
Closing balance as at 31 January 2025	195,475	195,475
Opening balance as at 22 January 2024	-	-

4.

Share Capital

Allotted, called up and fully paid	2025 £
1 Class A share of £1.00 each	1
	1

3

Registered Number: 15432985
England and Wales
SHABZ PROPERTIES LIMITED

Abridged Accounts

Period of accounts Start date: 22 January 2024 End date: 31 January 2025