REGISTERED NUMBER: 11687305 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2024

for

Majid And Sons (Properties) Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

1,600,000

1,600,000

Current assets

Debtors

5

-

6,000

Cash at bank

57,779

7,427

57,779

13,427

Creditors

Amounts falling due within one year

6

(6,186

)

(2,417

)

Net current assets

51,593

11,010

Total assets less current liabilities

1,651,593

1,611,010

Creditors

Amounts falling due after more than one year

7

(1,529,742

)

(1,515,532

)

Provisions for liabilities

9

(14,250

)

(14,250

)

Net assets

107,601

81,228

Capital and reserves

Called up share capital

10

100

100

Revaluation reserve

11

75,000

75,000

Retained earnings

11

32,501

6,128

Shareholders' funds

107,601

81,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 10 October 2025 and were signed by:

Abdul Majid - Director

1.	Statutory information

Majid And Sons (Properties) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11687305

Registered office:

1 Ravensdale Road

Hounslow

TW4 7EU

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

4.	Tangible fixed assets

Freehold

property

£

Cost

At 1 December 2023

and 30 November 2024

1,600,000

Net book value

At 30 November 2024

1,600,000

At 30 November 2023

1,600,000

5.

Debtors: amounts falling due within one year

30.11.24

30.11.23

£

£

Other debtors

-

6,000

6.

Creditors: amounts falling due within one year

30.11.24

30.11.23

£

£

Corporation tax

6,186

2,417

7.

Creditors: amounts falling due after more than one year

30.11.24

30.11.23

£

£

Bank loans (see note 8)

941,981

941,981

Trade creditors

587,761

573,551

1,529,742

1,515,532

8.

Loans

An analysis of the maturity of loans is given below:

30.11.24

30.11.23

£

£

Amounts falling due between one and two years:

Bank loans > 1 year

941,981

941,981

9.	Provisions for liabilities

30.11.24

30.11.23

£

£

Deferred tax

Accelerated capital allowances

14,250

14,250

Deferred tax

£

Balance at 1 December 2023

Prior year adjustment

14,250

As restated

14,250

Balance at 30 November 2024

14,250

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.24

30.11.23

value:

£

£

100

Ordinary

1

100

100

11.

Reserves

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 December 2023

6,128

75,000

81,128

Profit for the year

26,373

26,373

At 30 November 2024

32,501

75,000

107,501