Az Younis Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13270405

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		138,208		138,208

			138,208		138,208
CURRENT ASSETS
Cash at bank and in hand		1,326		1,346

		1,326		1,346
Creditors: Amounts Falling Due Within One Year	5	(32,938 )		(35,575 )

NET CURRENT ASSETS (LIABILITIES)			(31,612 )		(34,229 )

TOTAL ASSETS LESS CURRENT LIABILITIES			106,596		103,979

Creditors: Amounts Falling Due After More Than One Year	6		(115,582 )		(115,582 )

NET LIABILITIES			(8,986 )		(11,603 )

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			(8,988 )		(11,605 )

SHAREHOLDERS' FUNDS			(8,986)		(11,603)

Page 1

Page 2

Az Younis Properties Ltd

Balance Sheet (continued)

As At 31 March 2025

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

Mr Awais Younis

Director

31/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Az Younis Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13270405 . The registered office is Sunnydell, Commonside Road, Harlow, CM18 7EZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Turnover represents rents receivable.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

2.5. Cash and cash equivalents

Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	138,208

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1	-
Other creditors	32,937	35,575

	32,938	35,575

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	115,582	115,582

Page 3

Page 4

Az Younis Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured. The bank loan is secured by way of fixed and floating charge on the property and other assets of the company and contains a negative pledge.

	2025		2024
	£		£
Bank loans and overdrafts	115,582		115,582

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2