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REGISTERED NUMBER: 10362062 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 September 2023

for

A & S Heer Properties Limited

A & S Heer Properties Limited (Registered number: 10362062)

Contents of the Financial Statements
For The Year Ended 30 September 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & S Heer Properties Limited

Company Information
For The Year Ended 30 September 2023







DIRECTORS: Mrs T K Heer
Mr N S Heer





REGISTERED OFFICE: 44 St Marys Crescent
Isleworth
Middlesex
TW7 4NA





REGISTERED NUMBER: 10362062 (England and Wales)





ACCOUNTANTS: Ashwells Associates Limited
Chartered Certified Accountants
54a Church Road
Ashford
Middlesex
TW15 2TS

A & S Heer Properties Limited (Registered number: 10362062)

Balance Sheet
30 September 2023

30/9/23 30/9/22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 35,405 48,914
Investment property 5 730,001 714,536
765,406 763,450

CURRENT ASSETS
Debtors 6 30,438 638
Cash at bank 1,060 1,186
31,498 1,824
CREDITORS
Amounts falling due within one year 7 171,652 176,569
NET CURRENT LIABILITIES (140,154 ) (174,745 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

625,252

588,705

CREDITORS
Amounts falling due after more than one
year

8

(520,914

)

(482,538

)

PROVISIONS FOR LIABILITIES (26,355 ) (20,954 )
NET ASSETS 77,983 85,213

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 93,129 84,202
Retained earnings (15,246 ) 911
77,983 85,213

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 & S Heer Properties Limited (Registered number: 10362062)

Balance Sheet - continued
30 September 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 September 2024 and were signed on its behalf by:




Mr N S Heer - Director



Mrs T K Heer - Director


A & S Heer Properties Limited (Registered number: 10362062)

Notes to the Financial Statements
For The Year Ended 30 September 2023


1. STATUTORY INFORMATION

A & S Heer Properties 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.

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 as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost
Motor vehicles - 33% on reducing balance

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 (2022 - NIL).

A & S Heer Properties Limited (Registered number: 10362062)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 16,374 53,690 70,064
DEPRECIATION
At 1 October 2022 3,432 17,718 21,150
Charge for year 1,638 11,871 13,509
At 30 September 2023 5,070 29,589 34,659
NET BOOK VALUE
At 30 September 2023 11,304 24,101 35,405
At 30 September 2022 12,942 35,972 48,914

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022 714,536
Revaluations 15,465
At 30 September 2023 730,001
NET BOOK VALUE
At 30 September 2023 730,001
At 30 September 2022 714,536

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2022 714,536
Valuation in 2023 15,465
730,001

A & S Heer Properties Limited (Registered number: 10362062)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023


Fixed assets, included in the above, which are held under finance leases are as follows:
Total
£   
FAIR VALUE
At 1 October 2022 614,535
Revaluations 15,465
At 30 September 2023 630,000
NET BOOK VALUE
At 30 September 2023 630,000
At 30 September 2022 614,535

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Trade debtors 2 638
Other debtors 30,436 -
30,438 638

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Other creditors 171,652 176,569

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/23 30/9/22
£    £   
Bank loans 501,988 453,956
Other creditors 18,926 28,582
520,914 482,538

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 501,988 453,956

A & S Heer Properties Limited (Registered number: 10362062)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023


9. RESERVES
Fair
value
reserve
£   
At 1 October 2022 84,202
Transfer 8,927

At 30 September 2023 93,129

10. RELATED PARTY DISCLOSURES

Included in other Creditors is a sum £134,500 owed to the Director.