Company Registration No. 13922734 (England and Wales)
APENEE PROPERTY LIMITED
Unaudited accounts
for the period from 17 February 2022 to 28 February 2023
APENEE PROPERTY LIMITED
Unaudited accounts
Contents
APENEE PROPERTY LIMITED
Company Information
for the period from 17 February 2022 to 28 February 2023
Directors
Ian Halfpenny
Florence Halfpenny
Company Number
13922734 (England and Wales)
Registered Office
12 MOORS CLOSE
DUCKLINGTON
WITNEY
OX29 7TW
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
APENEE PROPERTY LIMITED
Statement of financial position
as at 28 February 2023
Investment property
219,503
Cash at bank and in hand
970
Creditors: amounts falling due within one year
(41,419)
Net current liabilities
(39,324)
Total assets less current liabilities
229,923
Creditors: amounts falling due after more than one year
(243,900)
Profit and loss account
(13,978)
Shareholders' funds
(13,977)
For the period ending 28 February 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
Ian Halfpenny
Director
Company Registration No. 13922734
APENEE PROPERTY LIMITED
Notes to the Accounts
for the period from 17 February 2022 to 28 February 2023
APENEE PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13922734. The registered office is 12 MOORS CLOSE, DUCKLINGTON, WITNEY, OX29 7TW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The directors have considered the effect of future events on the company and have determined that they do not create a material uncertainty that casts significant doubt upon the company's ability to continue as a going concern. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.
APENEE PROPERTY LIMITED
Notes to the Accounts
for the period from 17 February 2022 to 28 February 2023
4
Intangible fixed assets
Other
At 28 February 2023
50,201
At 28 February 2023
49,744
At 28 February 2023
219,503
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
Loans from directors
41,060
8
Creditors: amounts falling due after more than one year
2023
9
Average number of employees
During the period the average number of employees was 2.