Company Registration No. 11897115 (England and Wales)
AE 84 LTD.
Unaudited accounts
for the year ended 30 November 2023
AE 84 LTD.
Unaudited accounts
Contents
AE 84 LTD.
Company Information
for the year ended 30 November 2023
Directors
EDGE, Eve Cecilia
EDGE, Jacqueline Angela
EDGE, Michael Arthur
Company Number
11897115 (England and Wales)
Registered Office
THE GRANGE, 1 CHURCH WAY
ECTON
NORTHAMPTON
NN6 0QE
ENGLAND
Accountants
CJ Gemini Limited
Office L - The Linden Building
Unit 8-9 Regent Park, Booth Drive
WELLINGBOROUGH
Northamptonshire
NN8 6GR
AE 84 LTD.
Statement of financial position
as at 30 November 2023
Investment property
3,026,183
3,000,000
Cash at bank and in hand
24,774
24,587
Creditors: amounts falling due within one year
(105,049)
(34,493)
Net current (liabilities)/assets
(54,190)
3,886
Total assets less current liabilities
2,972,805
3,003,886
Creditors: amounts falling due after more than one year
(1,457,274)
(1,490,776)
Net assets
1,515,531
1,513,110
Called up share capital
2,025
2,025
Profit and loss account
1,513,506
1,511,085
Shareholders' funds
1,515,531
1,513,110
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by
EDGE, Jacqueline Angela
Director
Company Registration No. 11897115
AE 84 LTD.
Notes to the Accounts
for the year ended 30 November 2023
AE 84 LTD. is a private company, limited by shares, registered in England and Wales, registration number 11897115. The registered office is THE GRANGE, 1 CHURCH WAY, ECTON, NORTHAMPTON, NN6 0QE, 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
Computer equipment
Total
Cost or valuation
At cost
At cost
At 30 November 2023
303
648
951
Charge for the year
49
90
139
At 30 November 2023
49
90
139
At 30 November 2023
254
558
812
Fair value at 1 December 2022
3,000,000
At 30 November 2023
3,026,183
The last professional valuation was made by Lambert Smith Hampton on 7 April 2022, on Market Value basis.
The directors are of the opinion that the property values have not changed materially
between the year end and the date of this valuation.
AE 84 LTD.
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
15,995
7,752
Accrued income and prepayments
10,090
-
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,080
34,066
Trade creditors
66,655
427
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
826,200
826,200
Loans from directors
624,388
664,576
Proplend Security Limited holds a mortgage and legal charges over the freehold know 1 NORTH PORTWAY CLOSE, ROUND SPINNEY INDUSTRIAL ESTATE, NORTHAMPTON NN3 8RD
Allotted, called up and fully paid:
675 Ordinary shares - Eve Cecilia Edge of £1 each
675
675
675 Ordinary shares -Jaqueline Angela Edge of £1 each
675
675
675 Ordinary shares - Michael Arthur Edge of £1 each
675
675
10
Transactions with related parties
At the year end the company owed the directors a balance of £624,388 (2022: £664,576)
Interest has not been charged on this loan and the loan will not be repaid within 12 months of
the year end.
The equal shareholders, acting together in agreement, are this company's controlling related parties.
12
Average number of employees
During the year the average number of employees was 0 (2022: 0).