IRIS Accounts Production v24.2.0.383 09941398 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099413982023-01-31099413982024-01-31099413982023-02-012024-01-31099413982022-01-31099413982022-02-012023-01-31099413982023-01-3109941398ns15:EnglandWales2023-02-012024-01-3109941398ns14:PoundSterling2023-02-012024-01-3109941398ns10:Director12023-02-012024-01-3109941398ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3109941398ns10:SmallEntities2023-02-012024-01-3109941398ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3109941398ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3109941398ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3109941398ns10:FullAccounts2023-02-012024-01-3109941398ns10:Director22023-02-012024-01-3109941398ns10:CompanySecretary12023-02-012024-01-3109941398ns10:RegisteredOffice2023-02-012024-01-3109941398ns5:CurrentFinancialInstruments2024-01-3109941398ns5:CurrentFinancialInstruments2023-01-3109941398ns5:Non-currentFinancialInstruments2024-01-3109941398ns5:Non-currentFinancialInstruments2023-01-3109941398ns5:ShareCapital2024-01-3109941398ns5:ShareCapital2023-01-3109941398ns5:RetainedEarningsAccumulatedLosses2024-01-3109941398ns5:RetainedEarningsAccumulatedLosses2023-01-3109941398ns5:FurnitureFittings2023-02-012024-01-3109941398ns5:FurnitureFittings2023-01-3109941398ns5:FurnitureFittings2024-01-3109941398ns5:FurnitureFittings2023-01-3109941398ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3109941398ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-3109941398ns5:DeferredTaxation2023-01-3109941398ns5:DeferredTaxation2024-01-3109941398ns5:RetainedEarningsAccumulatedLosses2023-01-3109941398ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-31
REGISTERED NUMBER: 09941398 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2024

for

A & D Property Holdings Ltd

A & D Property Holdings Ltd (Registered number: 09941398)






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


A & D Property Holdings Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: A J Skinner
Mrs D J Skinner





SECRETARY: Mrs D J Skinner





REGISTERED OFFICE: Hideaway House
Main Road
Sibsey
Lincolnshire
PE22 0TN





REGISTERED NUMBER: 09941398 (England and Wales)

A & D Property Holdings Ltd (Registered number: 09941398)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,244 345
Investment property 5 137,500 397,500
138,744 397,845

CURRENT ASSETS
Debtors 6 357 289
Cash at bank 48,634 51,321
48,991 51,610
CREDITORS
Amounts falling due within one year 7 17,035 78,338
NET CURRENT ASSETS/(LIABILITIES) 31,956 (26,728 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,700

371,117

CREDITORS
Amounts falling due after more than one
year

8

(79,992

)

(227,886

)

PROVISIONS FOR LIABILITIES 9 (7,161 ) (16,717 )
NET ASSETS 83,547 126,514

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 10 83,347 126,314
SHAREHOLDERS' FUNDS 83,547 126,514

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 31 October 2024 and were signed on its behalf by:




A J Skinner - Director


A & D Property Holdings Ltd (Registered number: 09941398)

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

1. STATUTORY INFORMATION

A & D Property Holdings 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 as modified by the revaluation of certain assets.

Turnover
Turnover 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 - 20% 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 2 (2023 - 2 ) .

A & D Property Holdings Ltd (Registered number: 09941398)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2023 785
Additions 984
At 31 January 2024 1,769
DEPRECIATION
At 1 February 2023 440
Charge for year 85
At 31 January 2024 525
NET BOOK VALUE
At 31 January 2024 1,244
At 31 January 2023 345

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 397,500
Disposals (260,000 )
At 31 January 2024 137,500
NET BOOK VALUE
At 31 January 2024 137,500
At 31 January 2023 397,500

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2020 9,821
Valuation in 2021 4,127
Valuation in 2022 22,500
Cost 101,052
137,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 357 289

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 7,103 8,679
Other creditors 9,932 69,659
17,035 78,338

A & D Property Holdings Ltd (Registered number: 09941398)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 79,992 227,886

Amounts falling due in more than five years:

Repayable by instalments
Mortgage more 5yrs instal 72,632 207,935

9. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 7,161 16,717

Deferred
tax
£   
Balance at 1 February 2023 16,717
Movement in year (9,556 )
Balance at 31 January 2024 7,161

10. RESERVES
Retained
earnings
£   

At 1 February 2023 126,314
Deficit for the year (40,967 )
Dividends (2,000 )
At 31 January 2024 83,347

11. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.