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REGISTERED NUMBER: 11503718 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

A & AH PROPERTIES LIMITED

A & AH PROPERTIES LIMITED (REGISTERED NUMBER: 11503718)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & AH PROPERTIES LIMITED

COMPANY INFORMATION
for the Year Ended 31 AUGUST 2024







DIRECTOR: C A Hoskisson





REGISTERED OFFICE: 327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN





REGISTERED NUMBER: 11503718 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

A & AH PROPERTIES LIMITED (REGISTERED NUMBER: 11503718)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 930,000 880,000

CURRENT ASSETS
Debtors 5 - 4,306
Cash at bank 5,699 9,354
5,699 13,660
CREDITORS
Amounts falling due within one year 6 370,948 496,237
NET CURRENT LIABILITIES (365,249 ) (482,577 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

564,751

397,423

CREDITORS
Amounts falling due after more than one
year

7

400,000

238,330
NET ASSETS 164,751 159,093

CAPITAL AND RESERVES
Called up share capital 5 5
Retained earnings 164,746 159,088
SHAREHOLDERS' FUNDS 164,751 159,093

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

A & AH PROPERTIES LIMITED (REGISTERED NUMBER: 11503718)

BALANCE SHEET - continued
31 AUGUST 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 3 March 2025 and were signed by:





C A Hoskisson - Director


A & AH PROPERTIES LIMITED (REGISTERED NUMBER: 11503718)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 AUGUST 2024

1. STATUTORY INFORMATION

A & Ah Properties 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 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

A & AH PROPERTIES LIMITED (REGISTERED NUMBER: 11503718)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 880,000
Additions 50,000
At 31 August 2024 930,000
NET BOOK VALUE
At 31 August 2024 930,000
At 31 August 2023 880,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2021 696,000
Valuation in 2022 105,000
Valuation in 2023 79,000
Cost 50,000
930,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 847,378 797,378

Investment properties were valued on an open market basis basis on 31 August 2024 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors - 4,306

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts - 20,200
Taxation and social security 1,327 7,691
Other creditors 369,621 468,346
370,948 496,237

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 400,000 238,330

A & AH PROPERTIES LIMITED (REGISTERED NUMBER: 11503718)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 AUGUST 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.8.24 31.8.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 157,530

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 400,000 258,530

The bank loan is secured by a fixed and floating charge over the property, undertaking and assets of the company.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
C A Hoskisson
Balance outstanding at start of year (264,281 ) (260,101 )
Amounts advanced 27,297 11,311
Amounts repaid (25,097 ) (15,491 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (262,081 ) (264,281 )

10. RELATED PARTY DISCLOSURES

At the year end the company owed Questa Financial Services Limited £106,364, a company where Mr C A Hoskisson is also a director.

11. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr & Mrs Hoskisson.