Registered number: 09524216 | ||||||||
FOR THE YEAR ENDED 30/04/2023 | ||||||||
Prepared By: | ||||||||
Albeck Limited | ||||||||
Chartered Accountants | ||||||||
49 Mowbray Road | ||||||||
Edgware | ||||||||
Middlesex | ||||||||
HA8 8JL |
A1 Property (London) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Middlesex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09524216 | ||||||||
BANKERS | ||||||||
Lloyds | ||||||||
ACCOUNTANTS | ||||||||
Albeck Limited | ||||||||
Chartered Accountants | ||||||||
49 Mowbray Road | ||||||||
Edgware | ||||||||
Middlesex | ||||||||
HA8 8JL |
A1 Property (London) Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/04/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
A1 Property (London) Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | ||||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
52,293 | 14,426 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (1,137,856) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 666,505 | 692,236 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 255,568 | 212,908 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
A1 Property (London) Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
2. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/05/2022 | 2,075,000 | 2,075,000 | ||
At 30/04/2023 | 2,075,000 | 2,075,000 | ||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 22,019 | - | ||||||
22,019 | - | |||||||
A1 Property (London) Limited | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 10,007 | 4,904 | ||||||
Other creditors | 1,161,413 | 1,145,578 | ||||||
Accruals | 1,800 | 1,800 | ||||||
1,173,220 | 1,152,282 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 13,875 | 18,375 | ||||||
Bank loans (secured) >1yr | 652,630 | 673,861 | ||||||
666,505 | 692,236 | |||||||
Included in bank loans are loans with a balance of £652,630 (2022: £673,861) which are secured by a fixed charge over the company's investment properties, the value of which can be found in the notes to these accounts. | ||||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 31,900 | 31,900 | ||||||
31,900 | 31,900 | |||||||
A1 Property (London) Limited | ||||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
New shares issued during period: | ||||||||
100 | 100 | |||||||
9. CONTROLLING PARTY | ||||||||
The company is controlled by the director, I Gross, by virtue of the fact that he holds 100% of the company's issued and called up voting share capital. | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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