Shakib Property Management Limited

Shakib Property Management Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Debtors	3	35,137	30,904
Cash at bank and in hand		150,743	171,841
		185,880	202,745
Creditors: amount falling due within one year	4	(130,785)	(164,467)
Net current assets		55,095	38,278

Total assets less current liabilities		55,095	38,278
Net assets		55,095	38,278

Capital and reserves
Called up share capital		2	2
Profit and loss account		55,093	38,276
Shareholders' funds		55,095	38,278

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their 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 financial statements were approved by the board of directors on 17 December 2025 and were signed on its behalf by:

-------------------------------
Kaveh Shakib
Director

Shakib Property Management Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Shakib Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 02883118, registration address Ground Floor, 1 Ginsburg Yard, Back Lane, London, NW3 1EW.

The presentation currency is £ sterling.

Accounting policies

General accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard).

Turnover

Turnover comprises the invoiced value services supplied by the company.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Debtors: amounts falling due within one year

	2025 £	2024 £
Prepayments & Accrued Income	1,868	2,190
Other Debtors	33,269	28,714
	35,137	30,904

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	12,194	23,893
Accruals & Deferred Income	9,055	6,055
Other Creditors	109,536	134,519
	130,785	164,467

5.	Related party balances Included within other creditors is £108,481 (2024: £102,056) due to companies under common control.

Registered Number: 02883118
England and Wales
SHAKIB PROPERTY MANAGEMENT LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025