Company Registration No. 10783324 (England and Wales)
Smtejani Holdings Ltd
Filleted accounts
for the year ended 31 March 2019
Smtejani Holdings Ltd
Filleted accounts
Contents
Smtejani Holdings Ltd
Company Information
for the year ended 31 March 2019
Directors
Shabbir Tejani
Mahum Fatima Hashim
Company Number
10783324 (England and Wales)
Registered Office
71 Sandhills Avenue
Leicester
LE5 1QN
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Smtejani Holdings Ltd
Statement of financial position
as at
31 March 2019
Investment property
248,975
-
Cash at bank and in hand
20,055
100
Creditors: amounts falling due within one year
(1,715)
-
Net current assets
18,340
100
Total assets less current liabilities
267,315
100
Creditors: amounts falling due after more than one year
(268,526)
-
Net (liabilities)/assets
(1,211)
100
Called up share capital
100
100
Profit and loss account
(1,311)
-
Shareholders' funds
(1,211)
100
For the year ending 31 March 2019 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.
Approved by the Board on 20 December 2019.
Shabbir Tejani
Director
Company Registration No. 10783324
Smtejani Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2019
Smtejani Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 10783324. The registered office is 71 Sandhills Avenue, Leicester, LE5 1QN.
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.
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.
4
Investment property
2019
5
Creditors: amounts falling due within one year
2019
2018
Smtejani Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2019
6
Creditors: amounts falling due after more than one year
2019
2018
Amounts owed to group undertakings and other participating interests
112,338
-
7
Share capital
2019
2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
During the year, the company received a loan of £112,338 from Smetejani Ltd, a company in which the Director, Dr Shabbir Tejani has a controlling interest. As at 31 March 2019, £112,338 was outstanding to Smetejani Ltd.
9
Average number of employees
During the year the average number of employees was 2 (2018: 2).