Silverfin false 30/04/2023 01/05/2022 30/04/2023 Mr M A Fisher 24/11/2015 Mr P Schlussas 24/11/2015 Mr P C Stuart-Harris 24/11/2015 Mr M A West 24/11/2015 Mr S R Zawada 24/11/2015 02 November 2023 The principal activity of the Company during the financial year was the rental of commercial property and car parking spaces. 09885317 2023-04-30 09885317 bus:Director1 2023-04-30 09885317 bus:Director2 2023-04-30 09885317 bus:Director3 2023-04-30 09885317 bus:Director4 2023-04-30 09885317 bus:Director5 2023-04-30 09885317 2022-04-30 09885317 core:CurrentFinancialInstruments 2023-04-30 09885317 core:CurrentFinancialInstruments 2022-04-30 09885317 core:Non-currentFinancialInstruments 2023-04-30 09885317 core:Non-currentFinancialInstruments 2022-04-30 09885317 core:ShareCapital 2023-04-30 09885317 core:ShareCapital 2022-04-30 09885317 core:RetainedEarningsAccumulatedLosses 2023-04-30 09885317 core:RetainedEarningsAccumulatedLosses 2022-04-30 09885317 bus:OrdinaryShareClass1 2023-04-30 09885317 2022-05-01 2023-04-30 09885317 bus:FullAccounts 2022-05-01 2023-04-30 09885317 bus:SmallEntities 2022-05-01 2023-04-30 09885317 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 09885317 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 09885317 bus:Director1 2022-05-01 2023-04-30 09885317 bus:Director2 2022-05-01 2023-04-30 09885317 bus:Director3 2022-05-01 2023-04-30 09885317 bus:Director4 2022-05-01 2023-04-30 09885317 bus:Director5 2022-05-01 2023-04-30 09885317 2021-05-01 2022-04-30 09885317 core:Non-currentFinancialInstruments 2022-05-01 2023-04-30 09885317 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 09885317 bus:OrdinaryShareClass1 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09885317 (England and Wales)

AMETHYST PROPERTIES (THE MILLFIELDS) LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2023
Pages for filing with the registrar

AMETHYST PROPERTIES (THE MILLFIELDS) LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2023

Contents

AMETHYST PROPERTIES (THE MILLFIELDS) LIMITED

BALANCE SHEET

As at 30 April 2023
AMETHYST PROPERTIES (THE MILLFIELDS) LIMITED

BALANCE SHEET (continued)

As at 30 April 2023
Note 2023 2022
£ £
Fixed assets
Investment property 3 382,698 382,698
382,698 382,698
Current assets
Cash at bank and in hand 24,523 14,469
24,523 14,469
Creditors: amounts falling due within one year 4 ( 134,743) ( 128,934)
Net current liabilities (110,220) (114,465)
Total assets less current liabilities 272,478 268,233
Creditors: amounts falling due after more than one year 5 ( 104,800) ( 132,241)
Net assets 167,678 135,992
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 167,578 135,892
Total shareholders' funds 167,678 135,992

For the financial year ending 30 April 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Amethyst Properties (The Millfields) Limited (registered number: 09885317) were approved and authorised for issue by the Board of Directors on 02 November 2023. They were signed on its behalf by:

Mr P Schlussas
Director
AMETHYST PROPERTIES (THE MILLFIELDS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
AMETHYST PROPERTIES (THE MILLFIELDS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Amethyst Properties (The Millfields) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lyster Court 2 Craigie Drive, The Millfields, Plymouth, PL1 3JB, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Investment property

Investment property
£
Valuation
As at 01 May 2022 382,698
As at 30 April 2023 382,698

There has been no valuation of investment property by an independent valuer. The properties have been valued by the directors.

4. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans 31,200 27,970
Corporation tax 15,343 12,764
Other taxation and social security 2,550 2,550
Other creditors 85,650 85,650
134,743 128,934

5. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 104,800 132,241

The bank loans are secured over the property owned by the company.

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares shares of £ 1.00 each 100 100