Company Registration No. 06151840 (England and Wales)
Arif Sokwala Limited
Filleted accounts
for the year ended 31 March 2026
Arif Sokwala Limited
Filleted accounts
Contents
Arif Sokwala Limited
Company Information
for the year ended 31 March 2026
Directors
Mrs Muzna Parpia
Mr Arif Sokwala
Company Number
06151840 (England and Wales)
Registered Office
Hawthorne House
17a Hawthorne Drive
Leicester
LE5 6DL
United Kingdom
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Arif Sokwala Limited
Statement of financial position
as at 31 March 2026
Investment property
273,340
129,250
Cash at bank and in hand
41,173
123,044
Creditors: amounts falling due within one year
(29,923)
(22,639)
Net current assets
11,250
106,631
Net assets
284,590
235,891
Called up share capital
2
2
Profit and loss account
284,588
235,889
Shareholders' funds
284,590
235,891
For the year ending 31 March 2026 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 15 October 2026 and were signed on its behalf by
Mr Arif Sokwala
Director
Company Registration No. 06151840
Arif Sokwala Limited
Notes to the Accounts
for the year ended 31 March 2026
Arif Sokwala Limited is a private company, limited by shares, registered in England and Wales, registration number 06151840. The registered office is Hawthorne House, 17a Hawthorne Drive, Leicester, LE5 6DL, 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.
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.
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:
Fixtures & fittings
25% Reducing balance
Computer equipment
33% Reducing balance
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.
Arif Sokwala Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
1,525
408
1,933
At 31 March 2026
1,525
408
1,933
At 1 April 2025
1,515
408
1,923
Charge for the year
10
-
10
At 31 March 2026
1,525
408
1,933
Fair value at 1 April 2025
129,250
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
18,011
16,402
Loans from directors
10,767
5,536
Allotted, called up and fully paid:
1 A Ordinary of £1 each
1
1
1 B Ordinary of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 3 (2025: 3).