IRIS Accounts Production v24.3.0.553 05484748 director 1.5.23 30.4.24 30.4.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054847482023-04-30054847482024-04-30054847482023-05-012024-04-30054847482022-04-30054847482022-05-012023-04-30054847482023-04-3005484748ns15:EnglandWales2023-05-012024-04-3005484748ns14:PoundSterling2023-05-012024-04-3005484748ns10:Director12023-05-012024-04-3005484748ns10:CompanyLimitedByGuarantee2023-05-012024-04-3005484748ns10:SmallEntities2023-05-012024-04-3005484748ns10:AuditExemptWithAccountantsReport2023-05-012024-04-3005484748ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3005484748ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005484748ns10:FullAccounts2023-05-012024-04-3005484748ns10:CompanySecretary12023-05-012024-04-3005484748ns10:RegisteredOffice2023-05-012024-04-3005484748ns5:CurrentFinancialInstruments2024-04-3005484748ns5:CurrentFinancialInstruments2023-04-3005484748ns5:RetainedEarningsAccumulatedLosses2024-04-3005484748ns5:RetainedEarningsAccumulatedLosses2023-04-3005484748ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3005484748ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 05484748 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Abbeyvale Property Limited

Abbeyvale Property Limited (Registered number: 05484748)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 4

Abbeyvale Property Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: D Woollard





SECRETARY: Crabtree PM Limited





REGISTERED OFFICE: Fisher House
84 Fisherton Street
Salisbury
SP2 7QY





REGISTERED NUMBER: 05484748 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Abbeyvale Property Limited (Registered number: 05484748)

Balance Sheet
30 April 2024

30/4/24 30/4/23
Notes £    £   
CURRENT ASSETS
Debtors 4 2,510 2,309
Cash at bank 2,308 7,835
4,818 10,144
CREDITORS
Amounts falling due within one year 5 4,839 10,175
NET CURRENT LIABILITIES (21 ) (31 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21

)

(31

)

RESERVES
Income and expenditure account (21 ) (31 )
(21 ) (31 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 surplus or deficit 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 director and authorised for issue on 11 October 2024 and were signed by:





D Woollard - Director


Abbeyvale Property Limited (Registered number: 05484748)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Abbeyvale Property Limited is a private company, limited by guarantee , 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 the total value of ground rents contributed by residents in respect of ground rent expenditure incurred during the year.

Taxation
The company acts as trustee of a statutory trust imposed on the service charge monies collected for maintenance of the building, by virtue of s.42 Landlord and Tenant Act 1987. Interest is not liable to corporation tax, but is subject to income tax.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Ground rent accrued 2,510 2,161
Other debtors - 148
2,510 2,309

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Ground rent prepaid 3,756 9,248
Other creditors 1,083 927
4,839 10,175

6. ULTIMATE CONTROLLING PARTY

The company has no ultimate controlling party.

7. SHARE CAPITAL

This company is limited by guarantee, with no share capital.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Abbeyvale Property Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Abbeyvale Property Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Abbeyvale Property Limited in accordance with the terms of our engagement letter dated 5 October 2009. Our work has been undertaken solely to prepare for your approval the financial statements of Abbeyvale Property Limited and state those matters that we have agreed to state to the director of Abbeyvale Property Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbeyvale Property Limited and its director for our work or for this report.

It is your duty to ensure that Abbeyvale Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Abbeyvale Property Limited. You consider that Abbeyvale Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Abbeyvale Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE


11 October 2024