Awaba Properties Limited


Directors	Seema Chaudhary
	George Fisher


Registered Address	45 Ravenswood Park
	Northwood
	HA6 3PS


Registered Number	12966138 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		12,122		11,263
Investment property	4		880,000		880,000
			892,122		891,263
Current assets
Debtors		6,049		5,916
Cash at bank and on hand		17,640		24,877
		23,689		30,793
Creditors amounts falling due within one year	5	(15,290)		(19,569)
Net current assets (liabilities)			8,399		11,224
Total assets less current liabilities			900,521		902,487
Creditors amounts falling due after one year	6		(883,367)		(903,486)
Provisions for liabilities	8		(4,227)		(4,012)
Net assets			12,927		(5,011)
Capital and reserves
Called up share capital			2		2
Revaluation reserve			9,460		9,460
Profit and loss account			3,465		(14,473)
Shareholders' funds			12,927		(5,011)

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 16 May 2026, and are signed on its behalf by:

Seema Chaudhary
Director
Registered Company No. 12966138

Awaba Properties Limited

Notes to the Financial Statements
for the year ended 31 October 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	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 and this is the functional currency of the company.

	Going concern
	The financial statements have been prepared on a going concern basis. The directors of the company has provided the company with an undertaking that it will continue to support the company financially for the foreseeable future and at least 12 months from the date of approval of the accounts.

	Borrowing costs
	Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Borrowing costs

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of
transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. 

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Fixtures and fittings	5
	Office Equipment	3

	Investments
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 November 24	7,830	4,506	2,731	15,067
Additions	-	-	2,000	2,000
At 31 October 25	7,830	4,506	4,731	17,067
Depreciation and impairment
At 01 November 24	-	1,626	2,178	3,804
Charge for year	-	796	345	1,141
At 31 October 25	-	2,422	2,523	4,945
Net book value
At 31 October 25	7,830	2,084	2,208	12,122
At 31 October 24	7,830	2,880	553	11,263

4.	Investment property


		£
	Fair value at 01 November 24	880,000
	At 31 October 25	880,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	188
Amounts owed to related parties	10,124	9,452
Taxation and social security	-	5,030
Other creditors	4,788	4,557
Accrued liabilities and deferred income	378	342
Total	15,290	19,569

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	380,365	380,365
Amounts owed to related parties	503,002	523,121
Total	883,367	903,486

7.	Secured creditors
	The following secured debts are included within creditors: Amounts owed to related parties - £503,001 (2024: £523,121). The company has received loan of £250,000 and £253,001 from India Fisher and Shaan Fisher respectively. They are related to George Fisher. Interest has been charged at 5.50% p.a. on India Fisher's loan and Shaan Fisher's loan.

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	4,227	4,012
Total	4,227	4,012

9.	Share capital
	Allotted, issued and fully paid 2 Ordinary Shares of nominal value of £1 each.

10.	Related party transactions
	Included within Amounts owed to related parties is balance of £10,127 (2024: £9,452) an amount owed to the director of the company. This balance is repayable on demand.