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REGISTERED NUMBER: 04245511















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

ANSCO PROPERTIES LIMITED

ANSCO PROPERTIES LIMITED (REGISTERED NUMBER: 04245511)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANSCO PROPERTIES LIMITED

COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2023







DIRECTOR: A V KARIA





SECRETARY:





REGISTERED OFFICE: 1A HILLFOOT ROAD
Romford
RM5 3LP





REGISTERED NUMBER: 04245511





ACCOUNTANTS: DUNWELLS
PO BOX 3084
ROMFORD
ESSEX
RM7 1YJ

ANSCO PROPERTIES LIMITED (REGISTERED NUMBER: 04245511)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 966 -
Investment property 5 2,448,041 2,448,041
2,449,007 2,448,041

CURRENT ASSETS
Debtors 6 32,963 25,581
Cash at bank 36,005 49,582
68,968 75,163
CREDITORS
Amounts falling due within one year 7 51,554 57,004
NET CURRENT ASSETS 17,414 18,159
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,466,421

2,466,200

CREDITORS
Amounts falling due after more than one
year

8

(1,085,000

)

(1,120,000

)

PROVISIONS FOR LIABILITIES 10 (135,001 ) (135,001 )
NET ASSETS 1,246,420 1,211,199

CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 1,000 1,000
General reserves 872,402 872,402
Retained earnings 372,518 337,297
SHAREHOLDERS' FUNDS 1,246,420 1,211,199

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

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

The director acknowledges his 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.

ANSCO PROPERTIES LIMITED (REGISTERED NUMBER: 04245511)

BALANCE SHEET - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2024 and were signed by:





A V KARIA - Director


ANSCO PROPERTIES LIMITED (REGISTERED NUMBER: 04245511)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Ansco Properties Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax 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.

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 Income Statement, 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 ) .

ANSCO PROPERTIES LIMITED (REGISTERED NUMBER: 04245511)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,288
At 30 September 2023 1,288
DEPRECIATION
Charge for year 322
At 30 September 2023 322
NET BOOK VALUE
At 30 September 2023 966

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 2,448,041
NET BOOK VALUE
At 30 September 2023 2,448,041
At 30 September 2022 2,448,041

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2021 1,500,000
Cost 948,041
2,448,041

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 32,963 25,581

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 75 222
Taxation and social security 14,519 20,673
Other creditors 36,960 36,109
51,554 57,004

ANSCO PROPERTIES LIMITED (REGISTERED NUMBER: 04245511)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 1,085,000 1,120,000

9. SECURED DEBTS

The following secured debts are included within creditors:

30.9.23 30.9.22
£    £   
Bank loans 1,085,000 1,120,000

The bank loan is secured by way of a fixed charge over the company's investment property

10. PROVISIONS FOR LIABILITIES

The deferred tax provision represents the tax liability that would arise on the disposal of the investment property at the balance sheet values. the tax has been calculated on the indexed cost of the property and calculated at 19%