Company Registration No. SC513881 (Scotland)
Aaljaz Ltd
Unaudited accounts
for the year ended 31 December 2025
Aaljaz Ltd
Unaudited accounts
Contents
Aaljaz Ltd
Company Information
for the year ended 31 December 2025
Directors
Inderpauljit Sandhu
Tajinderpal Kaur Sandhu
Company Number
SC513881 (Scotland)
Registered Office
18a Craignethan Road
Giffnock
Glasgow
Lanarkshire
G46 6SQ
Scotland
Aaljaz Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
11,447
14,995
Investment property
1,460,000
1,621,101
Cash at bank and in hand
38,331
19,951
Creditors: amounts falling due within one year
(950,585)
(886,030)
Net current liabilities
(757,422)
(742,697)
Total assets less current liabilities
714,025
893,399
Creditors: amounts falling due after more than one year
(80,315)
(225,314)
Provisions for liabilities
Net assets
633,710
649,596
Called up share capital
100
100
Revaluation reserve
65,067
65,067
Profit and loss account
568,543
584,429
Shareholders' funds
633,710
649,596
For the year ending 31 December 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 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 of Directors and authorised for issue on 21 August 2026 and were signed on its behalf by
Inderpauljit Sandhu
Director
Company Registration No. SC513881
Aaljaz Ltd
Notes to the Accounts
for the year ended 31 December 2025
Aaljaz Ltd is a private company, limited by shares, registered in Scotland, registration number SC513881. The registered office is 18a Craignethan Road, Giffnock, Glasgow, Lanarkshire, G46 6SQ, Scotland.
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.
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:
Investment property, which is property held to earn rentals and/or capital appreciation, is initially recognised as costs, which includes the purchase costs and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date.
The surplus or deficit on revaluation is recognised through the profit or loss account.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Aaljaz Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2025
20,400
2,743
23,143
At 31 December 2025
20,400
2,743
23,143
At 1 January 2025
6,614
1,534
8,148
Charge for the year
3,060
488
3,548
At 31 December 2025
9,674
2,022
11,696
At 31 December 2025
10,726
721
11,447
At 31 December 2024
13,786
1,209
14,995
Fair value at 1 January 2025
1,621,101
Net loss from fair value adjustments
(161,101)
At 31 December 2025
1,460,000
Amounts falling due within one year
Deferred tax asset
21,786
-
Accrued income and prepayments
5,346
3,382
Other debtors
125,400
120,000
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
34,446
27,600
Other creditors
8,535
6,750
Loans from directors
900,248
844,624
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
80,315
225,314
Aaljaz Ltd
Notes to the Accounts
for the year ended 31 December 2025
9
Deferred taxation
2025
2024
Revaluation of land and buildings
(21,786)
18,489
Provision at start of year
18,489
7,600
(Credited)/charged to the profit and loss account
(40,275)
10,889
Provision at end of year
(21,786)
18,489
10
Transactions with related parties
During the year to 31 December 2025, the directors have provided an interest free loan of £900,248 (2024: £844,624). There is no fixed terms of repayment.
Additionally, in the year to 31 December 2025, a director's relative has provided the company with an interest free loan of £80,315 (2024: £225,314). There is no fixed term of repayment.
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).