Khatib Estates Ltd


Director	Dr Raahil Khatib


Registered Address	92 Northgate
	Cottingham
	HU16 4EH


Registered Number	13876501 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		227,700		227,700
Investments	4		100		100
			227,800		227,800
Current assets
Debtors		73,234		181,989
Cash at bank and on hand		239		-
		73,473		181,989
Creditors amounts falling due within one year	5	(8,463)		(113,657)
Net current assets (liabilities)			65,010		68,332
Total assets less current liabilities			292,810		296,132
Creditors amounts falling due after one year	6		(288,649)		(293,929)
Net assets			4,161		2,203
Capital and reserves
Called up share capital			100		100
Profit and loss account			4,061		2,103
Shareholders' funds			4,161		2,203

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 Director acknowledges 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 Director on 14 May 2026, and are signed on its behalf by:

Dr Raahil Khatib
Director
Registered Company No. 13876501

Khatib Estates 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
	These financial statements have been prepared in compliance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Basis of preparation
	The financial statements have been prepared on the historical cost basis.

	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.

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.

	Turnover policy
	The revenue shown in the profit and loss is from income from rental charges and shares in group undertakings.

	Dividend income
	Dividend income is recognised when the right to receive payment is established.

	Current taxation
	The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amount of tax expected to pay or recover using the tax rates and laws that have been enacted, or substantively enacted, at the reporting date.

Current taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amount 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 assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Investments
	Investments are initially recorded at cost, and subsequently stated as cost less any accumulated depreciation and impairment losses.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	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.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 April 24	227,700	227,700
At 31 March 25	227,700	227,700
Net book value
At 31 March 25	227,700	227,700
At 31 March 24	227,700	227,700

4.	Fixed asset investments
	The fixed asset investment represents the cost of acquiring 100% of the share capital in Cottingham Dental Studio Ltd. This company is a trading company registered in England and Wales. Under the provision of the Companies Act 2006, the company is exempt from preparing the consolidated accounts and has not done so. Therefore, the accounts show information about the company as a single entity.

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 April 24	100	100
At 31 March 25	100	100
Net book value
At 31 March 25	100	100
At 31 March 24	100	100

	Notes
	¹Investments in group undertakings and participating interests

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	4,839	4,453
Other creditors	556	106,157
Accrued liabilities and deferred income	3,068	3,047
Total	8,463	113,657

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	288,649	293,929
Total	288,649	293,929

7.	Related party transactions
	During the year the director made available a loan to the company of £556 (2024: £106,157). This loan is repayable upon demand. Interest has been charged on the loan at the UK market rate on a monthly basis throughout the period.

8.	Parent-subsidiary relationships
	Khatib Estates Ltd is the parent company within it's group, owning 100% of the share capital in Cottingham Dental Studio Ltd.