Company Registration No. 13441415 (England and Wales)
ALPHA BETA PROPERTY LIMITED
Unaudited accounts
for the year ended 30 June 2023
ALPHA BETA PROPERTY LIMITED
Unaudited accounts
Contents
ALPHA BETA PROPERTY LIMITED
Company Information
for the year ended 30 June 2023
Director
AKINOLA ADEBAYO OLAWALE
Company Number
13441415 (England and Wales)
Registered Office
4 WYNE CLOSE
HAZEL GROVE
STOCKPORT
SK7 6PD
ENGLAND
ALPHA BETA PROPERTY LIMITED
Statement of financial position
as at 30 June 2023
Investment property
280,000
280,000
Cash at bank and in hand
200
1,070
Net current assets
200
1,070
Total assets less current liabilities
290,229
281,070
Creditors: amounts falling due after more than one year
(212,220)
(212,220)
Provisions for liabilities
Called up share capital
20
20
Revaluation reserve
79,000
79,000
Profit and loss account
(16,021)
(10,170)
Shareholders' funds
62,999
68,850
For the year ending 30 June 2023 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 director acknowledges his 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 and authorised for issue on 26 December 2023 and were signed on its behalf by
AKINOLA ADEBAYO OLAWALE
Director
Company Registration No. 13441415
ALPHA BETA PROPERTY LIMITED
Notes to the Accounts
for the year ended 30 June 2023
ALPHA BETA PROPERTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13441415. The registered office is 4 WYNE CLOSE, HAZEL GROVE, STOCKPORT, SK7 6PD, ENGLAND.
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
Fixtures & fittings
Fair value at 1 July 2022
280,000
Investment property is a 4 bedroom terrace house. Property valued at open market at 30 June 2022.
ALPHA BETA PROPERTY LIMITED
Notes to the Accounts
for the year ended 30 June 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
152,000
152,000
Loans from directors
60,220
60,220
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).