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REGISTERED NUMBER: 05691330 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Atex Properties Limited

Atex Properties Limited (Registered number: 05691330)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Atex Properties Limited

Company Information
for the Year Ended 31 January 2024







Directors: A J Lloyd
J E Lloyd





Secretary: Mrs C Lloyd





Registered office: Woolwich House
92 Coychurch Road
Bridgend
CF31 2AP





Registered number: 05691330 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
9 Court Road
Bridgend
CF31 1BE

Atex Properties Limited (Registered number: 05691330)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
Fixed assets
Investment property 4 303,719 303,719

Current assets
Cash at bank 6,029 5,959

Creditors
Amounts falling due within one year 5 121,130 115,057
Net current liabilities (115,101 ) (109,098 )
Total assets less current liabilities 188,618 194,621

Capital and reserves
Called up share capital 900 900
Fair value reserve 6 54,000 54,000
Retained earnings 133,718 139,721
Shareholders' funds 188,618 194,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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:





J E Lloyd - Director


Atex Properties Limited (Registered number: 05691330)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. Statutory information

Atex 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.

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
Total
£   
Fair value
At 1 February 2023
and 31 January 2024 303,719
Net book value
At 31 January 2024 303,719
At 31 January 2023 303,719

The fair value included in the accounts at 31st January 2019 has been estimated by the directors.

Atex Properties Limited (Registered number: 05691330)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. Creditors: amounts falling due within one year
31.1.24 31.1.23
£    £   
Trade creditors 1,562 1,438
Taxation and social security 7,352 9,391
Other creditors 112,216 104,228
121,130 115,057

6. Reserves
Fair
value
reserve
£   
At 1 February 2023
and 31 January 2024 54,000

7. Ultimate controlling party

Ultimate control of the company lies in the hands of the directors.