ALLPROPERTY UK LIMITED |
Registered number: |
02217537 |
Balance Sheet |
as at 30 April 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
1,543,759 |
|
|
1,543,759 |
|
Current assets |
Debtors |
4 |
|
6,500 |
|
|
46,345 |
Cash at bank and in hand |
|
|
32,396 |
|
|
59,962 |
|
|
|
38,896 |
|
|
106,307 |
|
Creditors: amounts falling due within one year |
5 |
|
(519,922) |
|
|
(481,608) |
|
Net current liabilities |
|
|
|
(481,026) |
|
|
(375,301) |
|
Net assets |
|
|
|
1,062,733 |
|
|
1,168,458 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Revaluation reserve |
7 |
|
|
775,065 |
|
|
775,065 |
Profit and loss account |
|
|
|
287,568 |
|
|
393,293 |
|
Shareholders' funds |
|
|
|
1,062,733 |
|
|
1,168,458 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
Signed on behalf of the board of directors |
|
|
|
|
………………………… |
|
G C Howard |
Director |
Approved by the board : on 9 October 2023 |
|
ALLPROPERTY UK LIMITED |
Notes to the Accounts |
for the year ended 30 April 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents rents and consultancy fees received during the year . |
|
|
Investment properties |
|
Interests in land and buildings comprising freehold property held for their investment potential are included in the accounts at directors valuatuon (being an approximation of the open market value) and are not subjet to depreciation charges. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. As Investment property is held for long term investment the potential liability arising in respect of the surplus on revaluation has not been provided for in these accounts. |
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 May 2022 |
1,543,759 |
|
At 30 April 2023 |
1,543,759 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2023 |
1,543,759 |
|
At 30 April 2022 |
1,543,759 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2023 |
|
2022 |
£ |
£ |
|
Historical cost |
768,694 |
|
768,694 |
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
6,500 |
|
46,345 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans and overdrafts |
512,493 |
|
465,743 |
|
Other creditors |
7,429 |
|
15,865 |
|
|
|
|
|
|
519,922 |
|
481,608 |
|
|
|
|
|
|
|
|
|
|
6 |
Loans |
2023 |
|
2022 |
£ |
£ |
|
Creditors include: |
|
|
Secured bank loans |
512,493 |
|
465,743 |
|
|
|
|
|
|
|
|
|
|
The bank loans are secured by mortages over the companys land and buildings |
|
|
7 |
Revaluation reserve |
2023 |
|
2022 |
£ |
£ |
|
|
At 1 May 2022 |
775,065 |
|
730,065 |
|
Gain on revaluation of land and buildings |
- |
|
45,000 |
|
|
At 30 April 2023 |
775,065 |
|
775,065 |
|
|
|
|
|
|
|
|
|
|
8 |
Related party transactions |
|
During the year the company charged consultancy fees of £Nil (2022 £20,000) and management |
|
fees of £9,716 (2022 £2,000 ) to A H Filley & Company Limited of which Mr G C Howard is a |
|
director and shareholder. |
|
Included in other creditors is a debt owing to A H Filley & Company Limited of £4,000 |
|
(2022 £13,716) |
|
|
9 |
Other information |
|
|
ALLPROPERTY UK LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
Wren Cottage |
|
Old Horsham Road |
|
Beare Green |
|
Dorking |
|
RH5 4RA |