Registered number
02620483
Allen Properties (Lichfield) Limited
Unaudited Filleted Accounts
30 June 2024
Allen Properties (Lichfield) Limited
Registered number: 02620483
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 400,000 -
Current assets
Cash at bank and in hand 360,585 906,609
Creditors: amounts falling due within one year 4 (12,518) (150,288)
Net current assets 348,067 756,321
Net assets 748,067 756,321
Capital and reserves
Called up share capital 100 100
Profit and loss account 747,967 756,221
Shareholder's funds 748,067 756,321
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
E A Allen
Director
Approved by the board on 21 November 2024
Allen Properties (Lichfield) Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts.
Investments
Long term quoted investments are valued at market value.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price),
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Investments
Other
investments
£
Fair value
Additions 400,000
At 30 June 2024 400,000
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 200 119,126
Other creditors 12,318 31,162
12,518 150,288
5 Other information
Allen Properties (Lichfield) Limited is a private company limited by shares and incorporated in England. Its registered office is:
6A Little Aston Lane
Little Aston
Sutton Coldfield
B74 3UF
Allen Properties (Lichfield) Limited 02620483 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 E A Allen No description of principal activity 02620483 2022-07-01 2023-06-30 02620483 core:WithinOneYear 2023-06-30 02620483 core:ShareCapital 2023-06-30 02620483 core:RetainedEarningsAccumulatedLosses 2023-06-30 02620483 2023-07-01 2024-06-30 02620483 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 02620483 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 02620483 bus:Director40 2023-07-01 2024-06-30 02620483 1 2023-07-01 2024-06-30 02620483 2 2023-07-01 2024-06-30 02620483 countries:England 2023-07-01 2024-06-30 02620483 bus:FRS102 2023-07-01 2024-06-30 02620483 bus:FilletedAccounts 2023-07-01 2024-06-30 02620483 2024-06-30 02620483 core:WithinOneYear 2024-06-30 02620483 core:ShareCapital 2024-06-30 02620483 core:RetainedEarningsAccumulatedLosses 2024-06-30 02620483 core:AdditionsToInvestments 2024-06-30 02620483 2023-06-30 iso4217:GBP xbrli:pure