Irfan Properties Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08591555 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 AUGUST 2014 TO 30 APRIL 2015

FOR

IRFAN PROPERTIES LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Irfan

REGISTERED OFFICE:

Nicholas House

River Front

Enfield

Middlesex

EN1 3FG

REGISTERED NUMBER:

08591555 (England and Wales)

ACCOUNTANTS:

Moore Stephens Northern Home Counties Limited

Nicholas House

River Front

Enfield

Middlesex

EN1 3FG

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Irfan Properties Limited for the period ended 30 April 2015 which comprise the Profit and Loss Account, the

Balance Sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Irfan Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Irfan Properties Limited and state those matters that we have agreed to state to the director of Irfan Properties Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Irfan Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Irfan Properties Limited. You consider that Irfan Properties Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Irfan Properties Limited. For this

reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you

have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Stephens Northern Home Counties Limited

Nicholas House

River Front

Enfield

Middlesex

EN1 3FG

14 January 2016

Fixed assets

Investment property

2

599,869

599,869

Current assets

Debtors

136

-

Cash at bank

8,261

2,915

8,397

2,915

Creditors

Amounts falling due within one year

(551,395

)

(569,549

)

Net current liabilities

(542,998

)

(566,634

)

Total assets less current liabilities

56,871

33,235

Capital and reserves

Called up share capital

3

1

1

Profit and loss account

56,870

33,234

Shareholders' funds

56,871

33,235

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 13 January 2016 and were signed by:

A Irfan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents rental income receivable for the period, excluding VAT and in accordance with applicable

accounting standards.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 August 2014

and 30 April 2015

599,869

NET BOOK VALUE

At 30 April 2015

599,869

At 31 July 2014

599,869

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

31.7.14

value:

£

£

1

Ordinary

1

1

1