Registered number: 04349785 | ||||||||
FOR THE YEAR ENDED 31 JANUARY 2024 | ||||||||
Prepared By: | ||||||||
Peter Simpson FCCA MAAT | ||||||||
5 Juniper Close | ||||||||
Pennington | ||||||||
Lymington | ||||||||
Hampshire | ||||||||
SO41 8AZ |
Andbury Properties Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 JANUARY 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
London | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04349785 | ||||||||
ACCOUNTANTS | ||||||||
Peter Simpson FCCA MAAT | ||||||||
5 Juniper Close | ||||||||
Pennington | ||||||||
Lymington | ||||||||
Hampshire | ||||||||
SO41 8AZ |
Andbury Properties Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 JANUARY 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Andbury Properties Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
478,882 | 498,414 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 482,923 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Revaluation reserve | 1d,9 | 168,207 | 168,207 | |||||||
Profit and loss account | 1,393,535 | 1,397,037 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Andbury Properties Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 JANUARY 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. |
1b. Depreciation | ||||||||
Plant and Machinery | 25% | |||||||
Fixtures and Fittings | 20% |
1c. Investment Properties | ||||||||
Investment property is carried at fair value determined by external valuers and derived from the current market rents and investment property yeilds for comparable real estate, adjusted if necessary for any differerence in the nature, location or condition of the specific asset. | ||||||||
No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1d. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note9). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
Andbury Properties Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Plant and | Fixtures | |||||
Machinery | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 February 2023 | - | 20,677 | 20,677 | |||
Additions | 323 | - | 323 | |||
At 31 January 2024 | 323 | 20,677 | 21,000 | |||
Depreciation | ||||||
At 1 February 2023 | - | 18,554 | 18,554 | |||
For the year | 81 | 425 | 506 | |||
At 31 January 2024 | 81 | 18,979 | 19,060 | |||
Net Book Amounts | ||||||
At 31 January 2024 | 1,940 | |||||
At 31 January 2023 | 2,123 | |||||
4. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 1 February 2023 | 1,114,750 | 1,114,750 | ||||||
Additions | 5,348 | 5,348 | ||||||
At 31 January 2024 | 1,120,098 | 1,120,098 | ||||||
Valuations of investment properties were made in 2021 by the director, on an open market value for existing use basis. | ||||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 8,000 | 8,000 | ||||||
Amounts due from group undertakings | 374,040 | 374,040 | ||||||
Prepayments | 1,174 | 1,785 | ||||||
Loan - Angela Ranger | 18,000 | - | ||||||
401,214 | 383,825 | |||||||
Andbury Properties Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Directors current account - P. Ranger | 814 | 11,449 | ||||||
Accruals | 3,812 | 4,042 | ||||||
4,626 | 15,491 | |||||||
7. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 34,452 | 34,452 | ||||||
34,452 | 34,452 | |||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
50 | 50 | |||||||
50 | 50 | |||||||
100 | 100 | |||||||
9. REVALUATION RESERVE | 2024 | 2023 | ||||||
£ | £ | |||||||
Revaluation reserve | 168,207 | 168,207 | ||||||
168,207 | 168,207 | |||||||
Revaluation reserve consists of increases in the fair value of investment properties and decreases to the extent that such decreases relate to the increase in the same asset. The figure is stated net of the associated deferred tax liability. | ||||||||