Company Registration No. 10874505 (England and Wales)
Amado Properties Limited
Unaudited accounts
for the year ended 30 June 2024
Amado Properties Limited
Unaudited accounts
Contents
Amado Properties Limited
Company Information
for the year ended 30 June 2024
Director
Natali Flamarique-Amado
Company Number
10874505 (England and Wales)
Registered Office
198 Iveson Drive
Leeds
West Yorkshire
LS16 6PA
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Amado Properties Limited
Accountants' report
Accountants' report to the director of Amado Properties Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Amado Properties Limited for the year ended
30 June 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Amado Properties Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Amado Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Amado Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Amado Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Amado Properties Limited. You consider that Amado Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Amado Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
21 February 2025
Amado Properties Limited
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
122
400
Creditors: amounts falling due within one year
(206,292)
(205,477)
Net current assets
16,898
20,291
Total assets less current liabilities
16,898
20,291
Creditors: amounts falling due after more than one year
(38,407)
(38,889)
Net liabilities
(21,509)
(18,598)
Called up share capital
100
100
Profit and loss account
(21,609)
(18,698)
Shareholders' funds
(21,509)
(18,598)
For the year ending 30 June 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 her 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 18 March 2025 and were signed on its behalf by
Natali Flamarique-Amado
Director
Company Registration No. 10874505
Amado Properties Limited
Notes to the Accounts
for the year ended 30 June 2024
Amado Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10874505. The registered office is 198 Iveson Drive, Leeds, West Yorkshire, LS16 6PA.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Computer equipment
33% on cost
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
223,068
225,368
Amado Properties Limited
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
205,482
204,475
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
At the year end, the company was owed £221,868 (2023 - £222,368) by Amado Homes Ltd, a related company. The loan is interest-free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).