Bukhari Properties Ltd

Bukhari Properties Ltd
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Bukhari Properties Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	625,000	550,000
		625,000	550,000
Current assets
Debtors		245,000	245,000
Cash at bank and in hand		7,688	1,274
		252,688	246,274
Creditors: amount falling due within one year		(31,475)	(31,345)
Net current assets		221,213	214,929

Total assets less current liabilities		846,213	764,929
Creditors: amount falling due after more than one year		(726,024)	(726,023)
Provisions for liabilities		(28,250)	(9,500)
Net assets		91,939	29,406

Capital and reserves
Called up share capital		100	100
Fair Value Reserves	4	96,750	40,500
Profit and loss account		(4,911)	(11,194)
Shareholders' funds		91,939	29,406

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 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 16 December 2025 and were signed on its behalf by:

-------------------------------
Ibrahim Hanif Bukhari
Director

1

Bukhari Properties Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Bukhari Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 12662656, registration address 221 Westrow Drive, Barking, IG11 9BS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

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

3.

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 April 2024	550,000	550,000
Additions	-	-
Disposals	-	-
Revaluations	75,000	75,000
At 31 March 2025	625,000	625,000
Depreciation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
Closing balance as at 31 March 2025	625,000	625,000
Opening balance as at 01 April 2024	550,000	550,000

4.

Fair Value Reserves

	2025 £		2024 £
Fair Value Reserve	96,750		40,500
	96,750		40,500

2

Registered Number: 12662656
England and Wales
BUKHARI PROPERTIES LTD

Abridged Accounts

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