IRIS Accounts Production v23.4.0.336 13943010 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh139430102023-03-31139430102024-03-31139430102023-04-012024-03-31139430102022-02-27139430102022-02-282023-03-31139430102023-03-3113943010ns15:EnglandWales2023-04-012024-03-3113943010ns14:PoundSterling2023-04-012024-03-3113943010ns10:Director12023-04-012024-03-3113943010ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113943010ns10:SmallEntities2023-04-012024-03-3113943010ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113943010ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113943010ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113943010ns10:FullAccounts2023-04-012024-03-3113943010ns10:Director22023-04-012024-03-3113943010ns10:Director32023-04-012024-03-3113943010ns10:RegisteredOffice2023-04-012024-03-3113943010ns5:CurrentFinancialInstruments2024-03-3113943010ns5:CurrentFinancialInstruments2023-03-3113943010ns5:ShareCapital2024-03-3113943010ns5:ShareCapital2023-03-3113943010ns5:RevaluationReserve2024-03-3113943010ns5:RevaluationReserve2023-03-3113943010ns5:RetainedEarningsAccumulatedLosses2024-03-3113943010ns5:RetainedEarningsAccumulatedLosses2023-03-3113943010ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113943010ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 13943010 (England and Wales)















AJPC Property Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






AJPC Property Limited (Registered number: 13943010)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AJPC Property Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs A L Brown
J M Cheesman
Mrs L E McDonald-Cheesman





REGISTERED OFFICE: The White House
2 Meadrow
Godalming
Surrey
GU7 3HN





REGISTERED NUMBER: 13943010 (England and Wales)





ACCOUNTANTS: Hughes Waddell
The White House
2 Meadrow
Godalming
Surrey
GU7 3HN

AJPC Property Limited (Registered number: 13943010)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 - 2,600,000

CURRENT ASSETS
Debtors 5 6,259 2,159
Cash at bank 2,537,577 129,075
2,543,836 131,234
CREDITORS
Amounts falling due within one year 6 64,830 27,967
NET CURRENT ASSETS 2,479,006 103,267
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,479,006

2,703,267

PROVISIONS FOR LIABILITIES - 103,750
NET ASSETS 2,479,006 2,599,517

CAPITAL AND RESERVES
Called up share capital 2,185,000 2,185,000
Revaluation reserve - 311,250
Retained earnings 294,006 103,267
2,479,006 2,599,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

AJPC Property Limited (Registered number: 13943010)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 9 April 2024 and were signed on its behalf by:





J M Cheesman - Director


AJPC Property Limited (Registered number: 13943010)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

AJPC Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 NIL (2023 - NIL).

AJPC Property Limited (Registered number: 13943010)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 2,600,000
Disposals (2,600,000 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 2,600,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 6,259 2,159

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 63,580 26,717
Other creditors 1,250 1,250
64,830 27,967