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Registered number: 12117985
U & R 51 Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
CBS Accountants Ltd
Chartered Accountants
Unit 17, Orbital 25 Business Park
Dwight Road
Watford
Hertfordshire
WD18 9DA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12117985
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,835 2,446
Investment Properties 5 2,168,991 1,539,673
2,170,826 1,542,119
CURRENT ASSETS
Debtors 6 715 715
715 715
Creditors: Amounts Falling Due Within One Year 7 (574,271 ) (397,122 )
NET CURRENT ASSETS (LIABILITIES) (573,556 ) (396,407 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,597,270 1,145,712
Creditors: Amounts Falling Due After More Than One Year 8 (1,537,914 ) (1,135,154 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,961 ) -
NET ASSETS 50,395 10,558
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 50,394 10,557
SHAREHOLDERS' FUNDS 50,395 10,558
Page 1
Page 2
For the year ending 31 March 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Hadia Mubeen
Director
Mr Muhammad Atta Ul Qudoos Syed
Director
17/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
U & R 51 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12117985 . The registered office is 3 Wisborough Road, South Croydon, CR2 0DR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the rental income received by the company, net of value added tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25%
2.4. Investment Properties
Investment properties are initially measured at cost including transaction costs. They are subsequently measured at fair value at each reporting date, with changes recognised in profit or loss. No depreciation is charged on properties held at fair value. Where fair value cannot be measured reliably without undue cost or effort, properties are measured at cost less depreciation and impairment in accordance with Section 17 of FRS 102. Deferred taxation if any is provided on these gains at the rate expected to apply when the property is sold.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
Page 3
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2.5. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost or Valuation
As at 1 April 2024 4,778
As at 31 March 2025 4,778
Depreciation
As at 1 April 2024 2,332
Provided during the period 611
As at 31 March 2025 2,943
Net Book Value
As at 31 March 2025 1,835
As at 1 April 2024 2,446
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 1,539,673
Additions 583,991
Revaluations 45,327
As at 31 March 2025 2,168,991
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 715 715
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 2,604 2,426
Other creditors 570,709 393,641
Taxation and social security 958 1,055
574,271 397,122
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,537,914 1,135,154
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Included within Other Creditors are the following loans from directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mrs Hadia Mubeen 392,741 172,248 - - 564,989
11. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 500 1,000
Page 5