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REGISTERED NUMBER: 06859220 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

AAA PROPERTIES (YORKSHIRE) LTD

AAA PROPERTIES (YORKSHIRE) LTD (REGISTERED NUMBER: 06859220)






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


AAA PROPERTIES (YORKSHIRE) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs A J Hesp
J G Hesp





SECRETARY: J G Hesp





REGISTERED OFFICE: 74 Cadman Lane
Bridlington
East Yorkshire
YO16 6YZ





REGISTERED NUMBER: 06859220 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

AAA PROPERTIES (YORKSHIRE) LTD (REGISTERED NUMBER: 06859220)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 977,665 977,665

CURRENT ASSETS
Debtors 5 95 95
Cash at bank 101,033 175,723
101,128 175,818
CREDITORS
Amounts falling due within one year 6 69,330 167,396
NET CURRENT ASSETS 31,798 8,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,009,463

986,087

CREDITORS
Amounts falling due after more than one
year

7

650,000

650,000
NET ASSETS 359,463 336,087

CAPITAL AND RESERVES
Called up share capital 125 125
Retained earnings 359,338 335,962
SHAREHOLDERS' FUNDS 359,463 336,087

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.

AAA PROPERTIES (YORKSHIRE) LTD (REGISTERED NUMBER: 06859220)

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 19 August 2024 and were signed on its behalf by:




Mrs A J Hesp - Director



J G Hesp - Director


AAA PROPERTIES (YORKSHIRE) LTD (REGISTERED NUMBER: 06859220)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

AAA Properties (Yorkshire) 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.

Turnover
Turnover represents gross rental income received.

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 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY

The directors consider that the open market value of the investment properties at 31 March 2024 is approximately £1.45 million.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 95 95

AAA PROPERTIES (YORKSHIRE) LTD (REGISTERED NUMBER: 06859220)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 89 -
Taxation and social security 5,483 5,232
Other creditors 63,758 162,164
69,330 167,396

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 650,000 650,000

8. RELATED PARTY DISCLOSURES

At 1st April 2023, the company owed the directors £809,900.

At 31st March 2024, the company owed the directors £711,460.

The loan is interest free and there are no agreed terms for its repayment.

A sum of £650,000 forming part of the afore stated balances is beneficially owned by family settlement trusts.

9. ULTIMATE CONTROLLING PARTY

There is no controlling party.

There is no ultimate controlling party.