Access Property Four Limited 14457931 false 2022-11-02 2023-05-31 2023-05-31 The principal activity of the company is residential property management Digita Accounts Production Advanced 6.30.9574.0 true true true 14457931 2022-11-02 2023-05-31 14457931 2023-05-31 14457931 bus:OrdinaryShareClass1 2023-05-31 14457931 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 14457931 core:Non-currentFinancialInstruments core:AfterOneYear 2023-05-31 14457931 bus:SmallEntities 2022-11-02 2023-05-31 14457931 bus:AuditExemptWithAccountantsReport 2022-11-02 2023-05-31 14457931 bus:FullAccounts 2022-11-02 2023-05-31 14457931 bus:SmallCompaniesRegimeForAccounts 2022-11-02 2023-05-31 14457931 bus:RegisteredOffice 2022-11-02 2023-05-31 14457931 bus:Director1 2022-11-02 2023-05-31 14457931 bus:OrdinaryShareClass1 2022-11-02 2023-05-31 14457931 bus:PrivateLimitedCompanyLtd 2022-11-02 2023-05-31 14457931 1 2022-11-02 2023-05-31 14457931 countries:AllCountries 2022-11-02 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14457931

Access Property Four Limited

Unaudited Filleted Financial Statements

for the Period from 2 November 2022 to 31 May 2023

 

Access Property Four Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Access Property Four Limited

Company Information

Director

Mr JW Wright

Registered office

Genesis House
Priestley Way
Crawley
West Sussex
RH10 9PR

Accountants

Carter Nicholls Limited
Victoria House
Stanbridge Park
Staplefield Lane
Staplefield
West Sussex
RH17 6AS

 

Access Property Four Limited

(Registration number: 14457931)
Balance Sheet as at 31 May 2023

Note

2023
£

Fixed assets

 

Investment property

4

287,131

Creditors: Amounts falling due within one year

5

(271)

Total assets less current liabilities

 

286,860

Creditors: Amounts falling due after more than one year

5

(285,718)

Net assets

 

1,142

Capital and reserves

 

Called up share capital

6

1

Retained earnings

1,141

Shareholders' funds

 

1,142

For the financial period ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial period ending 31 May 2023 the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 February 2024
 

.........................................
Mr JW Wright
Director

 

Access Property Four Limited

Notes to the Unaudited Financial Statements for the Period from 2 November 2022 to 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Genesis House
Priestley Way
Crawley
West Sussex
RH10 9PR
United Kingdom

These financial statements were authorised for issue by the director on 21 February 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Access Property Four Limited

Notes to the Unaudited Financial Statements for the Period from 2 November 2022 to 31 May 2023

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Investment properties

2023
£

Additions

287,131

At 31 May

287,131

There has been no valuation of investment property by an independent valuer.

 

Access Property Four Limited

Notes to the Unaudited Financial Statements for the Period from 2 November 2022 to 31 May 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Taxation and social security

271

Creditors: amounts falling due after more than one year

2023
£

Due after one year

Other non-current financial liabilities

285,718

6

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary of £1 each

1

1

     

7

Parent and ultimate parent undertaking

The company's immediate parent is Access Garage Doors Limited, incorporated in England and Wales.