Company Registration No. SC604285 (Scotland)
AFZAL LETTINGS LTD
Unaudited accounts
for the year ended 31 August 2025
AFZAL LETTINGS LTD
Unaudited accounts
Contents
AFZAL LETTINGS LTD
Company Information
for the year ended 31 August 2025
Company Number
SC604285 (Scotland)
Registered Office
74 DRUM BRAE PARK
EDINBURGH
EH12 8TF
UNITED KINGDOM
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
AFZAL LETTINGS LTD
Statement of financial position
as at 31 August 2025
Investment property
189,167
189,167
Cash at bank and in hand
10,537
15,674
Creditors: amounts falling due within one year
(64,236)
(64,407)
Net current liabilities
(53,699)
(48,733)
Total assets less current liabilities
135,468
140,434
Creditors: amounts falling due after more than one year
(134,447)
(134,447)
Called up share capital
100
100
Profit and loss account
921
5,887
Shareholders' funds
1,021
5,987
For the year ending 31 August 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.
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 26 May 2026 and were signed on its behalf by
Sheraz Afzal
Director
Company Registration No. SC604285
AFZAL LETTINGS LTD
Notes to the Accounts
for the year ended 31 August 2025
AFZAL LETTINGS LTD is a private company, limited by shares, registered in Scotland, registration number SC604285. The registered office is 74 DRUM BRAE PARK, EDINBURGH, EH12 8TF, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 September 2024
189,167
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
1,042
Loans from directors
63,877
63,006
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
134,447
134,447
AFZAL LETTINGS LTD
Notes to the Accounts
for the year ended 31 August 2025
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).