Registered number: 13662584 | ||||||||
FOR THE 364 DAY PERIOD ENDED 30/10/2023 | ||||||||
Prepared By: | ||||||||
Greywalls Accountants Limited | ||||||||
13 | ||||||||
Isis Lake | ||||||||
Cirencester | ||||||||
Gloucestershire | ||||||||
GL7 5LT |
Advanced Maintenance Lettings Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE 364 DAY PERIOD ENDED 30/10/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Berkshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 13662584 | ||||||||
ACCOUNTANTS | ||||||||
Greywalls Accountants Limited | ||||||||
13 | ||||||||
Isis Lake | ||||||||
Cirencester | ||||||||
Gloucestershire | ||||||||
GL7 5LT |
Advanced Maintenance Lettings Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE364 DAY PERIODENDED30/10/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Advanced Maintenance Lettings Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
32,301 | 16,559 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (164,875) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 427,778 | 427,740 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 12,962 | 1,354 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Advanced Maintenance Lettings Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE 364 DAY PERIOD ENDED 30/10/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | straight line 33% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1d. Functional Currency | ||||||||
The functional currency of the company is considered to be pounds sterling because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pounds sterling. | ||||||||
The functional currency of the company is considered to be pounds sterling because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pounds sterling. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Advanced Maintenance Lettings Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 01/11/2022 | 649 | 649 | ||
At 30/10/2023 | 649 | 649 | ||
Depreciation | ||||
At 01/11/2022 | 216 | 216 | ||
For the 364 day period | 216 | 216 | ||
At 30/10/2023 | 432 | 432 | ||
Net Book Amounts | ||||
At 30/10/2023 | 217 | |||
At 31/10/2022 | 433 | |||
4. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 01/11/2022 | 593,620 | 593,620 | ||||||
At 30/10/2023 | 593,620 | 593,620 | ||||||
Investment properties are stated at fair value. | ||||||||
These have been determined by the directors of the business, based upon current prices in an active market for similar property in the same location and condition. | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 2,773 | 190 | ||||||
Directors current account | 178,506 | 178,315 | ||||||
Other creditors | 1,676 | 1,429 | ||||||
Accruals | 2,400 | 1,500 | ||||||
185,355 | 181,434 | |||||||
Advanced Maintenance Lettings Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 427,778 | 427,740 | ||||||
427,778 | 427,740 | |||||||
7. SECURED CREDITORS | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Amount of bank loans and overdrafts which are secured | 427,778 | 427,740 | ||||||
The loans have been secured by means of a charge over the property to which they relate. | ||||||||
8. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 41 | 82 | ||||||
41 | 82 | |||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2.00 | 2.00 | |||||||
2 | 2 | |||||||
10. CONTROLLING PARTY | ||||||||
No one individual has control of the company. | ||||||||
Advanced Maintenance Lettings Limited | ||||||||
11. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England. | ||||||||
Its registered number is 13662584. | ||||||||
Its registered office is 48c Long Lane, Tilehurst, Reading RG31 6YJ. |