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REGISTERED NUMBER: 04021698 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

ANS PROPERTIES LIMITED

ANS PROPERTIES LIMITED (REGISTERED NUMBER: 04021698)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANS PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Mrs A Patel





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 04021698 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certifed Accountants
Solar House
282 Chase Road
London
N14 6NZ

ANS PROPERTIES LIMITED (REGISTERED NUMBER: 04021698)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,737 20,922
Investment property 5 1,530,810 1,530,810
1,547,547 1,551,732

CURRENT ASSETS
Cash at bank 8,164 6,799

CREDITORS
Amounts falling due within one year 6 365,328 415,139
NET CURRENT LIABILITIES (357,164 ) (408,340 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,190,383

1,143,392

CREDITORS
Amounts falling due after more than one
year

7

(16,686

)

(56,179

)

PROVISIONS FOR LIABILITIES (41,186 ) (41,186 )
NET ASSETS 1,132,511 1,046,027

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,132,411 1,045,927
SHAREHOLDERS' FUNDS 1,132,511 1,046,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ANS PROPERTIES LIMITED (REGISTERED NUMBER: 04021698)

BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





Mrs A Patel - Director


ANS PROPERTIES LIMITED (REGISTERED NUMBER: 04021698)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

ANS Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover comprises the value of rent receivable.Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% straight line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

ANS PROPERTIES LIMITED (REGISTERED NUMBER: 04021698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 129,571 549 130,120
DEPRECIATION
At 1 July 2022 108,649 549 109,198
Charge for year 4,185 - 4,185
At 30 June 2023 112,834 549 113,383
NET BOOK VALUE
At 30 June 2023 16,737 - 16,737
At 30 June 2022 20,922 - 20,922

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 1,530,810
NET BOOK VALUE
At 30 June 2023 1,530,810
At 30 June 2022 1,530,810

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2003 129,284
Valuation in 2004 (9,851 )
Valuation in 2005 205,000
Valuation in 2010 30,000
Valuation in 2017 212,039
Cost 964,338
1,530,810

ANS PROPERTIES LIMITED (REGISTERED NUMBER: 04021698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 37,303 37,303
Trade creditors - 270
Tax 22,734 13,871
Directors' loan accounts 304,331 362,855
Accrued expenses 960 840
365,328 415,139

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loan repayable within one to five years 16,686 56,179

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
100 Ordinary Shares £1 100 100

9. RESERVES

30.6.23
£

Distributable reserves607,125
Non-distributable reserves525,286
1,132,411