Company Registration No. 11159764 (England and Wales)
AIB Property Developments Limited
Unaudited accounts
for the year ended 31 January 2024
AIB Property Developments Limited
Unaudited accounts
Contents
AIB Property Developments Limited
Company Information
for the year ended 31 January 2024
Directors
Andrzej Bugajski
Ilona Bugajska
Company Number
11159764 (England and Wales)
Registered Office
70-72 BOTTOM BOAT ROAD
STANLEY
WAKEFIELD
WF3 4AX
UNITED KINGDOM
Accountants
Antony Wilson
12 Thirlmere Road
Flanshaw Estate
Wakefield
West Yorkshire
WF2 9EP
AIB Property Developments Limited
Statement of financial position
as at 31 January 2024
Tangible assets
359,881
359,881
Cash at bank and in hand
47,014
34,031
Creditors: amounts falling due within one year
(94,434)
(94,457)
Net current liabilities
(47,420)
(60,426)
Total assets less current liabilities
312,461
299,455
Creditors: amounts falling due after more than one year
(257,605)
(257,605)
Called up share capital
100
100
Profit and loss account
54,756
41,750
Shareholders' funds
54,856
41,850
For the year ending 31 January 2024 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 February 2024 and were signed on its behalf by
Andrzej Bugajski
Director
Company Registration No. 11159764
AIB Property Developments Limited
Notes to the Accounts
for the year ended 31 January 2024
AIB Property Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 11159764. The registered office is 70-72 BOTTOM BOAT ROAD, STANLEY, WAKEFIELD, WF3 4AX, UNITED KINGDOM.
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 remained unchanged from the previous year, and also 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.
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:
4
Tangible fixed assets
Land & buildings
At 1 February 2023
359,881
At 31 January 2024
359,881
At 31 January 2024
359,881
At 31 January 2023
359,881
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,051
3,074
Loans from directors
91,383
91,383
AIB Property Developments Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
257,605
257,605
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).