AMAZING TEAM PROPERTIES LIMITED

Company Registration Number:
10722211 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

AMAZING TEAM PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

AMAZING TEAM PROPERTIES LIMITED

Company Information

for the Period Ended 30 April 2024




Director: CHANG, Wai Fan Amanda
Secretary: CHANG, Wai Fan Amanda
Registered office: 124
City Road
London
England
EC1V 2NX
Company Registration Number: 10722211 (England and Wales)

AMAZING TEAM PROPERTIES LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
CHANG, Wai Fan Amanda

Secretary
CHANG, Wai Fan Amanda

This report was approved by the board of directors on 15 January 2025
And Signed On Behalf Of The Board By:

Name: CHANG, Wai Fan Amanda
Status: Director

AMAZING TEAM PROPERTIES LIMITED

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 9,440 8,576
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 13,093 ) ( 4,481 )
Operating Profit or (Loss) ( 3,653 ) 4,095
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 3,892 ) ( 3,707 )
Profit or (Loss) Before Tax ( 7,545 ) 388
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 7,545 ) 388

The notes form part of these financial statements

AMAZING TEAM PROPERTIES LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 257,717 257,717
Total fixed assets: 257,717 257,717
Current assets
Debtors: 910 500
Cash at bank and in hand: 1,363 797
Total current assets: 2,273 1,297
Creditors: amounts falling due within one year: ( 961 ) ( 1,883 )
Net current assets (liabilities): 1,312 ( 586 )
Total assets less current liabilities: 259,029 257,131
Creditors: amounts falling due after more than one year: ( 283,116 ) ( 273,673 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 24,087 ) ( 16,542 )

The notes form part of these financial statements

AMAZING TEAM PROPERTIES LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 200 200
Profit and loss account: ( 24,287 ) ( 16,742 )
Shareholders funds: ( 24,087 ) ( 16,542 )

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 January 2025
And Signed On Behalf Of The Board By:

Name: CHANG, Wai Fan Amanda
Status: Director

The notes form part of these financial statements

AMAZING TEAM PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

    Computer Equipment - Straight line over 3 years

    Other accounting policies

    Investment Properties All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

AMAZING TEAM PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

AMAZING TEAM PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

AMAZING TEAM PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 257,717
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 30 April 2024 257,717
Depreciation
At 01 May 2023 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 30 April 2024 0
Net book value
At 30 April 2024 257,717
At 30 April 2023 257,717