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Registered Number: 15371214
England and Wales

 

 

 

I G KHAN PROPCO1 LIMITED



Abridged Accounts
 


Period of accounts

Start date: 27 December 2023

End date: 31 December 2024
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of I G Khan Propco1 Limited for the year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of I G Khan Propco1 Limited for the year ended 31 December 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of I G Khan Propco1 Limited, as a body, in accordance with the terms of our engagement letter dated 22 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of I G Khan Propco1 Limited and state those matters that we have agreed to state to the Board of Directors of I G Khan Propco1 Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than I G Khan Propco1 Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that I G Khan Propco1 Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of I G Khan Propco1 Limited. You consider that I G Khan Propco1 Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of I G Khan Propco1 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the period ended
31 December 2024



....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
PE1 2DU
22 December 2025
1
 
 
Notes
 
2024
£
Fixed assets    
Investments 3 135,513 
135,513 
Current assets    
Debtors 38,000 
Cash at bank and in hand 9 
38,009 
Creditors: amount falling due within one year (139,056)
Net current assets (101,047)
 
Total assets less current liabilities 34,466 
Creditors: amount falling due after more than one year (54,164)
Net assets (19,698)
 

Capital and reserves
   
Called up share capital 4 2 
Profit and loss account (19,700)
Shareholders' funds (19,698)
 


For the period ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 22 December 2025 and were signed on its behalf by:


-------------------------------
Gulraiz Khan
Director
2
General Information
I G Khan Propco1 Limited is a private company, limited by shares, registered in England and Wales, registration number 15371214, registration address 6 Blenhiem Court, Peppercorn Close, Peterborough, PE1 2DU.

The presentation currency is £ sterling.
1.

Accounting policies

Significant 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)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the period was 2.
3.

Investments

Cost Other investments other than loans   Total
  £   £
At 27 December 2023  
Additions 135,513    135,513 
Disposals  
At 31 December 2024 135,513    135,513 

4.

Share Capital

Allotted, called up and fully paid
2024
£
2 Class A shares of £1.00 each

3