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REGISTERED NUMBER: 10277963 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

A & C PROPERTY INVESTMENTS LTD

A & C PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10277963)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & C PROPERTY INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: B Anand
D S Chawla





REGISTERED OFFICE: 191-193 Commercial Road
London
E1 2BT





REGISTERED NUMBER: 10277963 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

A & C PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10277963)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,233,980 2,933,980

CURRENT ASSETS
Debtors 5 1,469 7,605
Cash at bank and in hand 48,984 788,357
50,453 795,962
CREDITORS
Amounts falling due within one year 6 14,627 10,902
NET CURRENT ASSETS 35,826 785,060
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,269,806

3,719,040

CREDITORS
Amounts falling due after more than one
year

7

4,176,625

3,651,625
NET ASSETS 93,181 67,415

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 93,081 67,315
SHAREHOLDERS' FUNDS 93,181 67,415

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

A & C PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10277963)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by:





D S Chawla - Director


A & C PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10277963)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

A & C PROPERTY INVESTMENTS LTD 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 July 2022 2,933,980
Additions 1,300,000
At 30 June 2023 4,233,980
NET BOOK VALUE
At 30 June 2023 4,233,980
At 30 June 2022 2,933,980

A & C PROPERTY INVESTMENTS LTD (REGISTERED NUMBER: 10277963)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors (35,026 ) 5,300
Other debtors 34,455 -
VAT 12 -
Prepayments 2,028 2,305
1,469 7,605

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors (22,264 ) (5,061 )
Tax 12,834 6,791
Accruals and deferred income 24,057 9,172
14,627 10,902

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed to participating interests 2,505,975 2,190,975
Directors' loan accounts 1,670,650 1,460,650
4,176,625 3,651,625

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 July 2022 67,315
Profit for the year 25,766
At 30 June 2023 93,081