SHARAZ HOMES LTD

SHARAZ HOMES LTD

SHARAZ HOMES LTD - Company Information

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SHARAZ HOMES LTD

Company Registration Number:
04450155 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2019

Period of accounts

Start date: 01 June 2018

End date: 31 May 2019

SHARAZ HOMES LTD

Contents of the Financial Statements

for the Period Ended 31 May 2019

Balance sheet
Notes

SHARAZ HOMES LTD

Balance sheet

As at 31 May 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 2 1,220,106 1,220,204
Investments: 3 50,000 50,000
Total fixed assets: 1,270,106 1,270,204
Current assets
Stocks: 1,617,847 1,497,228
Debtors:   88,579 130,526
Cash at bank and in hand: 326,314 8,572
Total current assets: 2,032,740 1,636,326
Creditors: amounts falling due within one year:   (230,530) (961,938)
Net current assets (liabilities): 1,802,210 674,388
Total assets less current liabilities: 3,072,316 1,944,592
Creditors: amounts falling due after more than one year:   (1,203,852) (496,448)
Provision for liabilities: (88,700) (88,700)
Total net assets (liabilities): 1,779,764 1,359,444
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:4378,143378,143
Profit and loss account: 1,401,521 981,201
Shareholders funds: 1,779,764 1,359,444

The notes form part of these financial statements

SHARAZ HOMES LTD

Balance sheet statements

For the year ending 31 May 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 28 February 2020
and signed on behalf of the board by:

Name: Mr S Hussain
Status: Director

The notes form part of these financial statements

SHARAZ HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SHARAZ HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2019

2. Tangible Assets

Total
Cost £
At 01 June 2018 1,228,465
At 31 May 2019 1,228,465
Depreciation
At 01 June 2018 8,261
Charge for year 98
At 31 May 2019 8,359
Net book value
At 31 May 2019 1,220,106
At 31 May 2018 1,220,204

SHARAZ HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2019

3. Fixed investments

Aldershot Football Club Shares

SHARAZ HOMES LTD

Notes to the Financial Statements

for the Period Ended 31 May 2019

4. Revaluation reserve

2019
£
Balance at 01 June 2018 378,143
Surplus or deficit after revaluation 0
Balance at 31 May 2019 378,143