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REGISTERED NUMBER: 00972962 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

ANCILLARY DEVELOPMENTS LTD

ANCILLARY DEVELOPMENTS LTD (REGISTERED NUMBER: 00972962)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ANCILLARY DEVELOPMENTS LTD

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr G J Henderson





REGISTERED OFFICE: 1&2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB





REGISTERED NUMBER: 00972962 (England and Wales)





ACCOUNTANTS: THB LLP
1 & 2 Studley Court Mews
Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB

ANCILLARY DEVELOPMENTS LTD (REGISTERED NUMBER: 00972962)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 636,500 636,500

CURRENT ASSETS
Debtors 5 - 25,171
Cash at bank 4,800 57,822
4,800 82,993
CREDITORS
Amounts falling due within one year 6 88,026 138,827
NET CURRENT LIABILITIES (83,226 ) (55,834 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

553,274

580,666

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 553,174 580,566
SHAREHOLDERS' FUNDS 553,274 580,666

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.

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 19 November 2024 and were signed by:



Mr G J Henderson - Director


ANCILLARY DEVELOPMENTS LTD (REGISTERED NUMBER: 00972962)

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

1. STATUTORY INFORMATION

Ancillary Developments 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 636,500
NET BOOK VALUE
At 31 March 2024 636,500
At 31 March 2023 636,500

ANCILLARY DEVELOPMENTS LTD (REGISTERED NUMBER: 00972962)

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

4. INVESTMENT PROPERTY - continued

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2022 551,458
Cost 85,042
636,500

If the Investment Property had not been revalued it would have been included at the following historical cost:

31/3/24 31/3/23
£    £   
Cost 85,042 -

Investment Property was valued on on an open market value basis on 1 December 2021 by Myddelton & Major .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors - 25,171

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Taxation and social security 81,320 119,278
Other creditors 6,706 19,549
88,026 138,827