30 March 2022 false No description of principal activity Taxfiler 2023.10 14012378business:PrivateLimitedCompanyLtd2022-03-302023-08-31 140123782022-03-29 140123782022-03-302023-08-31 14012378business:AuditExemptWithAccountantsReport2022-03-302023-08-31 14012378business:FilletedAccounts2022-03-302023-08-31 140123782023-08-31 14012378core:WithinOneYear2023-08-31 14012378core:AfterOneYear2023-08-31 14012378core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 14012378core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 14012378core:PreviouslyStatedAmount2023-08-31 14012378business:SmallEntities2022-03-302023-08-31 14012378business:Director12022-03-302023-08-31 14012378countries:EnglandWales2022-03-302023-08-31 14012378business:RegisteredOffice2022-03-302023-08-31 14012378core:FurnitureFittings2022-03-302023-08-31 14012378core:FurnitureFittings2022-03-29 14012378core:ComputerEquipment2022-03-29 14012378core:ComputerEquipment2022-03-302023-08-31 14012378core:FurnitureFittings2023-08-31 14012378core:ComputerEquipment2023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 14012378 (England and Wales)
Aller Barton Properties Limited Unaudited accounts for the period from 30 March 2022 to 31 August 2023
Aller Barton Properties Limited Unaudited accounts Contents
Page
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Aller Barton Properties Limited Statement of financial position as at 31 August 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
2,246 
Investment property
626,065 
628,311 
Current assets
Debtors
1,267 
Cash at bank and in hand
9,227 
10,494 
Creditors: amounts falling due within one year
(12,256)
Net current liabilities
(1,762)
Total assets less current liabilities
626,549 
Creditors: amounts falling due after more than one year
(634,595)
Net liabilities
(8,046)
Capital and reserves
Called up share capital
110 
Profit and loss account
(8,156)
Shareholders' funds
(8,046)
For the period ending 31 August 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2023 and were signed on its behalf by
M Cheriton Director Company Registration No. 14012378
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Aller Barton Properties Limited Notes to the Accounts for the period from 30 March 2022 to 31 August 2023
1
Statutory information
Aller Barton Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14012378. The registered office is Flat 6 Sollershot, Linkside Avenue, Oxford, OX2 8JA, United Kingdom.
2
Compliance with accounting standards
The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the provisions of FRS 102 Section 1A Small Entities.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
Investment property
Investment properties, which are properties held to earn rentals and/or for capital appreciation, are measured initially at cost (purchase price and directly attributable expenditure) and subsequently are measured using the fair value model and stated at their fair value as at the end of the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account. No depreciation is provided on investment properties which is a departure from the requirements of the Companies Act 2006. In the opinion of the directors, these properties are held primarily for their investment potential and so their fair value is of more significance than any measure of consumption and to depreciate them would not give a true and fair view. The provisions of FRS102 Section 16 "Investment Property" have therefore been adopted in order to give a true and fair view. If this departure from the Act had not been made, the profit would have been reduced by depreciation. The amount of depreciation cannot reasonably be quantified and the amount which might otherwise has been shown cannot be separately identified or quantified.
Deferred taxation
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.
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Aller Barton Properties Limited Notes to the Accounts for the period from 30 March 2022 to 31 August 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 30 March 2022
- 
- 
- 
Additions
2,130 
679 
2,809 
At 31 August 2023
2,130 
679 
2,809 
Depreciation
Charge for the period
242 
321 
563 
At 31 August 2023
242 
321 
563 
Net book value
At 31 August 2023
1,888 
358 
2,246 
5
Investment property
2023 
£ 
Additions
626,065 
At 31 August 2023
626,065 
The carrying value of the investment properties held by the company have been reviewed by the directors during the year with reference to open market values who considers that the fair values at the balance sheet date are consistent with the amount stated in the accounts.
6
Debtors
2023 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,267 
7
Creditors: amounts falling due within one year
2023 
£ 
Other creditors
9,417 
Accruals
720 
Deferred income
2,119 
12,256 
8
Creditors: amounts falling due after more than one year
2023 
£ 
Other creditors
295,328 
Loans from directors
339,267 
634,595 
9
Average number of employees
During the period the average number of employees was 0.
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