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REGISTERED NUMBER: 09442097 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

AP Property Holdings Limited

AP Property Holdings Limited (Registered number: 09442097)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AP Property Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr A Patel





REGISTERED OFFICE: 115a Langley Road
Watford
WD17 4RP





REGISTERED NUMBER: 09442097 (England and Wales)





ACCOUNTANTS: Elliot, Woolfe & Rose Ltd
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
London
HA7 1JS

AP Property Holdings Limited (Registered number: 09442097)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £ £
FIXED ASSETS
Tangible assets 4 13,054 5,305
Investment property 5 273,972 273,972
287,026 279,277

CURRENT ASSETS
Debtors 6 1,096 1,096
Cash at bank 1,138 1,190
2,234 2,286
CREDITORS
Amounts falling due within one year 7 (3,688 ) (4,460 )
NET CURRENT LIABILITIES (1,454 ) (2,174 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

285,572

277,103

CREDITORS
Amounts falling due after more than
one year

8

(274,369

)

(260,319

)

PROVISIONS FOR LIABILITIES (4,688 ) (2,208 )
NET ASSETS 6,515 14,576

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 24,312 24,312
Retained earnings (17,897 ) (9,836 )
6,515 14,576

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

AP Property Holdings Limited (Registered number: 09442097)

Statement of Financial Position - continued
31 March 2024


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 8 October 2024 and were signed by:





Mr A Patel - Director


AP Property Holdings Limited (Registered number: 09442097)

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

1. STATUTORY INFORMATION

AP Property Holdings 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.

Turnover
Turnover is the rent received or receivable, excluding discounts, 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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

AP Property Holdings Limited (Registered number: 09442097)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2023 7,073
Additions 12,100
At 31 March 2024 19,173
DEPRECIATION
At 1 April 2023 1,768
Charge for year 4,351
At 31 March 2024 6,119
NET BOOK VALUE
At 31 March 2024 13,054
At 31 March 2023 5,305

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 April 2023
and 31 March 2024 273,972
NET BOOK VALUE
At 31 March 2024 273,972
At 31 March 2023 273,972

In the opinion of the director the fair value of the investment property as at 31 March 2024 is not significantly different to that stated above.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Other debtors 1,096 1,096

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Bank loans and overdrafts 1,333 1,924
Other creditors 2,355 2,536
3,688 4,460

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£ £
Amounts owed to group undertakings 262,971 259,641
Other creditors 11,398 678
274,369 260,319

AP Property Holdings Limited (Registered number: 09442097)

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

9. RESERVES
Revaluation
reserve
£
At 1 April 2023
and 31 March 2024 24,312

10. RELATED PARTY DISCLOSURES

As at the period end date, the company owed £262,971 (2023: £259,641) to AP Consulting Limited, the balance include £7,659 (2023: 5,960) interest payable to AP Consulting Limited. This amount is included in creditors falling due after more than one year.

As at the period end date, the company owed the director Mr A Patel £11,398 (2023: £678) in respect of his director's current account. This amount is included in creditors falling due after more than one year.

11. ULTIMATE PARENT COMPANY

The parent company is AP Consulting Limited, a company incorporated in England and Wales.

The ultimate controlling party is Mr A Patel.