ACCOUNTS - Final Accounts preparation

Company registration number: 12826048

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	SHAHI FAMILY PROPERTY LIMITED


SHAHI FAMILY PROPERTY LIMITED

COMPANY INFORMATION

Directors	D Shahi
	S Shahi


Registered number	12826048


Registered office	1 Centurion Way
	Basingstoke
	Hampshire
	RG22 4TL


Accountants	Menzies LLP
	Chartered Accountants
	Victoria House
	50-58 Victoria Road
	Farnborough
	Hampshire
	GU14 7PG


SHAHI FAMILY PROPERTY LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 4


SHAHI FAMILY PROPERTY LIMITED REGISTERED NUMBER:12826048

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		440,000		475,000
			440,000		475,000
Current assets
Cash at bank and in hand		2,998		3,999
		2,998		3,999
Creditors: amounts falling due within one year	5	(133,917)		(136,071)
Net current liabilities			(130,919)		(132,072)
Total assets less current liabilities			309,081		342,928
Creditors: amounts falling due after more than one year	6		(304,367)		(304,367)
Provisions for liabilities
Deferred tax		(2,499)		(10,960)
			(2,499)		(10,960)
Net assets			2,215		27,601

Capital and reserves
Called up share capital	100	100
Profit and loss account	2,115	27,501
	2,215	27,601

Page 1


SHAHI FAMILY PROPERTY LIMITED REGISTERED NUMBER:12826048

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

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

D Shahi

Director

Date: 27 November 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2


SHAHI FAMILY PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Shahi Family Property Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover represents amounts receivable in respect of rental income.

2.3

Investment property

Investment property is carried at fair value determined at each period end by the directors. Changes in fair value are recognised in profit or loss.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 -2).

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 April 2024	475,000
	Surplus on revaluation	(35,000)
	At 31 March 2025	440,000

The 2025 valuations were made by the directors, on an open market value for existing use basis.

Page 3


SHAHI FAMILY PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	131,277	131,277
Accruals and deferred income	2,640	4,794
	133,917	136,071

The other creditors figure includes a Directors loan of £131,277 (2024 - £131,277). This amount is considered interest free and repayable on demand.

6.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Bank loans	304,367	304,367

The bank loan has been secured over the investment property.

Page 4