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Company Registration No. 5245249 (England and Wales)
In Estates Limited Unaudited accounts for the year ended 31 March 2025
In Estates Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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In Estates Limited Company Information for the year ended 31 March 2025
Directors
Mr Qazafi Raza Mr Omar S Ashiq Mr Osman Khaliq
Company Number
5245249 (England and Wales)
Registered Office
52-54 Church Lane Leytonstone London E11 1HE United Kingdom
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In Estates Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
53,900
43,842
Current assets
Debtors
5
3,639
2,752
Cash at bank and in hand
60,183
44,858
63,822
47,610
Creditors: amounts falling due within one year
6
(29,509)
(35,123)
Net current assets
34,313
12,487
Net assets
88,213
56,329
Capital and reserves
Called up share capital
7
150
150
Profit and loss account
88,063
56,179
Shareholders' funds
88,213
56,329
For the year ending 31 March 2025 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.
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 5 December 2025 and were signed on its behalf by
Mr Qazafi Raza Director Company Registration No. 5245249
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In Estates Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
In Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 5245249. The registered office is 52-54 Church Lane, Leytonstone, London, E11 1HE, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% on costs
Plant & machinery
25% on costs
Fixtures & fittings
20% on costs
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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In Estates Limited Notes to the Accounts for the year ended 31 March 2025
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
6,005
5,750
55,015
66,770
Additions
-
-
30,000
30,000
At 31 March 2025
6,005
5,750
85,015
96,770
Depreciation
At 1 April 2024
1,501
1,438
19,989
22,928
Charge for the year
1,501
1,438
17,003
19,942
At 31 March 2025
3,002
2,876
36,992
42,870
Net book value
At 31 March 2025
3,003
2,874
48,023
53,900
At 31 March 2024
4,504
4,312
35,026
43,842
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
3,639
2,752
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
11,553
10,848
Trade creditors
103
208
Taxes and social security
6,193
226
Other creditors
7,110
12,566
Loans from directors
2,550
9,300
Accruals
2,000
1,975
29,509
35,123
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
150 Ordinary shares of £1 each
150
150
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In Estates Limited Notes to the Accounts for the year ended 31 March 2025
8
Transactions with related parties
Included in other creditors is the amount of £850 (2024: £3,100) owed by the company to Mr Q Raza. Also included in other creditors due within a year are the amounts of £850 (2024: £3,100) and £850 (2024: £3,100) owed Mr O Ashiq and Mr O Khaliq respectively. During the period interim dividends of £1,000 (2024: £2,000) were paid to each director.
9
Controlling party
As such there is no single controlling party and all directors are regarded as the controlling parties by virtue of acting in concert in respect of the operations of the company.
10
Average number of employees
During the year the average number of employees was 7 (2024: 5).
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