15 December 2023 false No description of principal activity Taxfiler 2024.6 15354954business:PrivateLimitedCompanyLtd2023-12-152024-12-31 153549542023-12-14 153549542023-12-152024-12-31 15354954business:AuditExemptWithAccountantsReport2023-12-152024-12-31 15354954business:FilletedAccounts2023-12-152024-12-31 153549542024-12-31 15354954business:Director12023-12-152024-12-31 15354954business:Director22023-12-152024-12-31 15354954business:RegisteredOffice2023-12-152024-12-31 15354954core:WithinOneYear2024-12-31 15354954core:AfterOneYear2024-12-31 15354954core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 15354954core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 15354954core:PreviouslyStatedAmount2024-12-31 15354954business:SmallEntities2023-12-152024-12-31 15354954countries:EnglandWales2023-12-152024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 15354954 (England and Wales)
Faradeem Elite Holdings Limited Unaudited accounts for the period from 15 December 2023 to 31 December 2024
Faradeem Elite Holdings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Faradeem Elite Holdings Limited Company Information for the period from 15 December 2023 to 31 December 2024
Directors
Mohammad Nadeem Latif Farah Anjum Nadeem
Company Number
15354954 (England and Wales)
Registered Office
260 Manchester New Road Middleton Manchester M24 1JS England
Accountants
Account-i Limited 86 Bury Old Road Cheetham Hill Manchester LANCASHIRE M8 5BW
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Faradeem Elite Holdings Limited Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Investment property
4
830,622 
Current assets
Cash at bank and in hand
126,012 
Creditors: amounts falling due within one year
5
(405,317)
Net current liabilities
(279,305)
Total assets less current liabilities
551,317 
Creditors: amounts falling due after more than one year
6
(517,819)
Provisions for liabilities
Deferred tax
(7,917)
Net assets
25,581 
Capital and reserves
Called up share capital
2 
Profit and loss account
25,579 
Shareholders' funds
25,581 
For the period ending 31 December 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.
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 12 December 2025 and were signed on its behalf by
Farah Anjum Nadeem Director Company Registration No. 15354954
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Faradeem Elite Holdings Limited Notes to the Accounts for the period from 15 December 2023 to 31 December 2024
1
Statutory information
Faradeem Elite Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 15354954. The registered office is 260 Manchester New Road, Middleton, Manchester, M24 1JS, England.
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 period from 15 December 2023 to 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 15 December 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investment property
2024 
£ 
Additions
798,953 
Net gain from fair value adjustments
31,669 
At 31 December 2024
830,622 
5
Creditors: amounts falling due within one year
2024 
£ 
Loans from directors
405,317 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
517,819 
7
Average number of employees
During the period the average number of employees was 0.
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