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Company Registration No. 10203506 (England and Wales)
AZAD HOLDINGS LIMITED Unaudited accounts for the year ended 31 May 2025
AZAD HOLDINGS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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AZAD HOLDINGS LIMITED Company Information for the year ended 31 May 2025
Director
Mr Abdul Azad
Company Number
10203506 (England and Wales)
Registered Office
334c Ley Street Ilford Essex IG1 4AF England
Accountants
The Finance Equation Ltd 334 Ley Street Ilford England IG1 4AF
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AZAD HOLDINGS LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,595,124
2,100,124
Current assets
Debtors
35,000
13,324
Cash at bank and in hand
35,687
81,741
70,687
95,065
Creditors: amounts falling due within one year
(501,699)
-
Net current (liabilities)/assets
(431,012)
95,065
Total assets less current liabilities
1,164,112
2,195,189
Creditors: amounts falling due after more than one year
(966,094)
(2,093,062)
Provisions for liabilities
Deferred tax
(30,000)
(46,133)
Net assets
168,018
55,994
Capital and reserves
Called up share capital
1
1
Revaluation reserve
397,438
397,438
Profit and loss account
(229,421)
(341,445)
Shareholders' funds
168,018
55,994
For the year ending 31 May 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 February 2026 and were signed on its behalf by
Mr Abdul Azad Director Company Registration No. 10203506
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AZAD HOLDINGS LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
AZAD HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10203506. The registered office is 334c Ley Street, Ilford, Essex, IG1 4AF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 May 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 June 2024
2,100,124
Disposals
(505,000)
At 31 May 2025
1,595,124
Depreciation
At 31 May 2025
-
Net book value
At 31 May 2025
1,595,124
At 31 May 2024
2,100,124
5
Loans to directors
Directors have advanced the company on an interest-free basis a total of £496,699
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AZAD HOLDINGS LIMITED Notes to the Accounts for the year ended 31 May 2025
6
Guarantees provided on behalf of directors
None for the year
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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