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REGISTERED NUMBER: 00582013 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

ANTER PROPERTIES LIMITED

ANTER PROPERTIES LIMITED (REGISTERED NUMBER: 00582013)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANTER PROPERTIES LIMITED

COMPANY INFORMATION
for the Year Ended 30 JUNE 2022







DIRECTOR: Mrs C A Rogers





REGISTERED OFFICE: Christer House
Clapton In Gordano
Bristol
BS20 7RT





REGISTERED NUMBER: 00582013 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
and Statutory Auditor
61 Queen Square
Bristol
BS1 4JZ

ANTER PROPERTIES LIMITED (REGISTERED NUMBER: 00582013)

BALANCE SHEET
30 JUNE 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,448,333 1,448,333

CURRENT ASSETS
Debtors 5 1,452 3,288
Cash at bank 241,799 208,938
243,251 212,226
CREDITORS
Amounts falling due within one year 6 26,155 24,614
NET CURRENT ASSETS 217,096 187,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,665,429

1,635,945

PROVISIONS FOR LIABILITIES 113,367 113,367
NET ASSETS 1,552,062 1,522,578

CAPITAL AND RESERVES
Called up share capital 7 19,800 19,800
Revaluation reserve 1,091,704 1,091,704
Capital redemption reserve 2,254 2,254
Retained earnings 438,304 408,820
SHAREHOLDERS' FUNDS 1,552,062 1,522,578

ANTER PROPERTIES LIMITED (REGISTERED NUMBER: 00582013)

BALANCE SHEET - continued
30 JUNE 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 August 2022 and were signed by:





Mrs C A Rogers - Director


ANTER PROPERTIES LIMITED (REGISTERED NUMBER: 00582013)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2022

1. STATUTORY INFORMATION

Anter Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised when services have been rendered.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit
arising from changes in fair value is recognised in profit or loss.

Fair value is determined by evaluating rental yields on an annual basis. The fair value was last adjusted in June 2017.

ANTER PROPERTIES LIMITED (REGISTERED NUMBER: 00582013)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2022

2. ACCOUNTING POLICIES - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

ANTER PROPERTIES LIMITED (REGISTERED NUMBER: 00582013)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2022

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2021
and 30 June 2022 1,448,333
NET BOOK VALUE
At 30 June 2022 1,448,333
At 30 June 2021 1,448,333

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors - 2,307
Other debtors 1,452 981
1,452 3,288

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 20,990 20,487
Other creditors 5,165 4,127
26,155 24,614

7. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
19,800 Ordinary A 0.25 4,950 4,950
59,400 Ordinary B 0.25 14,850 14,850
19,800 19,800

8. ULTIMATE CONTROLLING PARTY

The company is not under the control of any one person as 50% of the shares are held by a Trust and under the control of the two trustees, and the other shares are held in sixth shares by individuals.