AIJ Properties Ltd


Directors	Dr Adam Hussain
	Dr Isaac Hussain
	Mrs Jacqueline Hussain


Registered Address	Fulford Lodge
	1 Heslington Lane
	York
	YO10 4HW


Registered Number	10485184 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,127,920		1,044,515
			1,127,920		1,044,515
Current assets
Debtors	4	25,000		-
Cash at bank and on hand		306,391		221,806
		331,391		221,806
Creditors amounts falling due within one year	5	(1,303,123)		(1,163,397)
Net current assets (liabilities)			(971,732)		(941,591)
Total assets less current liabilities			156,188		102,924
Net assets			156,188		102,924
Capital and reserves
Called up share capital			2		2
Profit and loss account			156,186		102,922
Shareholders' funds			156,188		102,924

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 18 August 2025, and are signed on its behalf by:

Dr Adam Hussain
Director

Dr Isaac Hussain
Director

Mrs Jacqueline Hussain
Director

Registered Company No. 10485184

AIJ Properties Ltd

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	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).

	Functional and presentation currency
	The financial statements are presented in sterling, which is the functional currency of the entity.

	Going concern
	The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis. The directors have guaranteed the continued running of the company.

Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy
costs, exacerbated by the war in Ukraine. All these matters have impacted the company's
trading results to a greater or lesser extent. At the date of signing these financial
statements, the directors have considered the effect of these matters on the company with
the information available to it and do not believe that it will affect the ability of the
company to continue to trade for the foreseeable future. On this basis, the directors have
prepared these financial statements on a going concern basis. The directors have
guaranteed the continued running of the company.

	Turnover policy
	Revenue is income from rents receivable and is recognised in accordance with the agreed terms of the relevant lease agreements.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	15
	Office Equipment	15

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	1,039,912	5,415	-	1,045,327
Additions	83,670	-	501	84,171
At 31 March 25	1,123,582	5,415	501	1,129,498
Depreciation and impairment
At 01 April 24	-	812	-	812
Charge for year	-	691	75	766
At 31 March 25	-	1,503	75	1,578
Net book value
At 31 March 25	1,123,582	3,912	426	1,127,920
At 31 March 24	1,039,912	4,603	-	1,044,515

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by group undertakings	25,000	-
Total	25,000	-

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	485,000	485,000
Taxation and social security	20,347	19,190
Other creditors	772,951	634,841
Accrued liabilities and deferred income	24,825	24,366
Total	1,303,123	1,163,397


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Related party transactions
	In the year, the directors made available a loan to the company of £772,951 (2024: 634,841). The loan is interest free and repayable upon demand.