Company Registration No. 11801087 (England and Wales)
AL11 PROPERTIES LTD
Unaudited accounts
for the year ended 29 February 2024
AL11 PROPERTIES LTD
Unaudited accounts
Contents
AL11 PROPERTIES LTD
Company Information
for the year ended 29 February 2024
Company Number
11801087 (England and Wales)
Registered Office
685 CHESTER ROAD
KINGSHURST
BIRMINGHAM
B36 0LN
ENGLAND
AL11 PROPERTIES LTD
Statement of financial position
as at 29 February 2024
Tangible assets
1,378,420
1,378,420
Cash at bank and in hand
1,580
1,336
Creditors: amounts falling due within one year
(1,160)
(423,899)
Net current assets/(liabilities)
52,311
(370,672)
Total assets less current liabilities
1,430,731
1,007,748
Creditors: amounts falling due after more than one year
(1,742,604)
(1,193,374)
Net liabilities
(311,873)
(185,626)
Called up share capital
100
100
Profit and loss account
(311,973)
(185,726)
Shareholders' funds
(311,873)
(185,626)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 November 2024 and were signed on its behalf by
Kamran Ali
Director
Company Registration No. 11801087
AL11 PROPERTIES LTD
Notes to the Accounts
for the year ended 29 February 2024
AL11 PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11801087. The registered office is 685 CHESTER ROAD, KINGSHURST, BIRMINGHAM, B36 0LN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
1,368,420
10,000
1,378,420
At 29 February 2024
1,368,420
10,000
1,378,420
At 29 February 2024
1,368,420
10,000
1,378,420
At 28 February 2023
1,368,420
10,000
1,378,420
Amounts falling due within one year
Other debtors
51,891
51,891
AL11 PROPERTIES LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
-
423,399
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,250,491
1,193,374
Loans from directors
417,113
-
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).