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REGISTERED NUMBER: 12946748 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023

FOR

AHC PROPERTY LIMITED

AHC PROPERTY LIMITED (REGISTERED NUMBER: 12946748)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AHC PROPERTY LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023







DIRECTOR: S D Adams





SECRETARY: Mrs. A J Adams





REGISTERED OFFICE:
2 Strasbourg Street
Westwood Industrial Estate
Margate
Kent
CT9 4JF





REGISTERED NUMBER: 12946748 (England and Wales)





ACCOUNTANTS: Spain Brothers & Co
Chartered Accountants
Westgate House
87 St Dunstans Street
Canterbury
Kent
CT2 8AE

AHC PROPERTY LIMITED (REGISTERED NUMBER: 12946748)

BALANCE SHEET
31ST MARCH 2023

2023 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,500 -
Investment property 5 4,525,500 -
4,527,000 -

CURRENT ASSETS
Debtors 6 50,702 -
Cash at bank and in hand 62,537 100
113,239 100
CREDITORS
Amounts falling due within one year 7 4,607,018 -
NET CURRENT (LIABILITIES)/ASSETS (4,493,779 ) 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,221

100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,121 -
SHAREHOLDERS' FUNDS 33,221 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2023 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.

AHC PROPERTY LIMITED (REGISTERED NUMBER: 12946748)

BALANCE SHEET - continued
31ST MARCH 2023


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 25th October 2023 and were signed by:





S D Adams - Director


AHC PROPERTY LIMITED (REGISTERED NUMBER: 12946748)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023


1. STATUTORY INFORMATION

AHC Property 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 (£).


The company's functional currency is the Pound Sterling (£).

The principal activity of the Company is that of a buying and selling of own real estate and other letting and operating of own or leased real estate.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

AHC PROPERTY LIMITED (REGISTERED NUMBER: 12946748)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,500
At 31st March 2023 1,500
NET BOOK VALUE
At 31st March 2023 1,500

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 4,525,500
At 31st March 2023 4,525,500
NET BOOK VALUE
At 31st March 2023 4,525,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Trade debtors 50,702 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2021
£    £   
Amount Owed to Group Companies 2,028,478 -
Bank loans and overdrafts 2,549,765 -
Trade creditors 17,449 -
Social security and other taxes 1,026 -
VAT 9,377 -
Other creditors 130 -
Directors' loan accounts 793 -
4,607,018 -

AHC PROPERTY LIMITED (REGISTERED NUMBER: 12946748)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST NOVEMBER 2021 TO 31ST MARCH 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2021
£    £   
Bank loans 2,549,765 -

9. ULTIMATE CONTROLLING PARTY

The Company is a wholly owned Subsidiary of AHC Investment Holdings Limited , a company incorporated in England.