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REGISTERED NUMBER: 15062042 (England and Wales)












ALB PROPERTIES (NW) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 10 AUGUST 2023 TO 31 AUGUST 2024






ALB PROPERTIES (NW) LIMITED (REGISTERED NUMBER: 15062042)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 AUGUST 2023 TO 31 AUGUST 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ALB PROPERTIES (NW) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 10 AUGUST 2023 TO 31 AUGUST 2024







DIRECTOR: Miss A L Brown





REGISTERED OFFICE: Two Acres
Higher Lane
Tarleton
Preston
Lancashire
PR4 6JH





REGISTERED NUMBER: 15062042 (England and Wales)





ACCOUNTANTS: Rushtons
Chartered Accountants
Shorrock House
1 Faraday Court
Fulwood
Preston
Lancashire
PR2 9NB

ALB PROPERTIES (NW) LIMITED (REGISTERED NUMBER: 15062042)

ABRIDGED BALANCE SHEET
31 AUGUST 2024

Notes £    £   
FIXED ASSETS
Investment property 4 324,011

CURRENT ASSETS
Cash at bank 4,951

CREDITORS
Amounts falling due within one year 335,468
NET CURRENT LIABILITIES (330,517 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,506

)

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (6,507 )
SHAREHOLDERS' FUNDS (6,506 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ALB PROPERTIES (NW) LIMITED (REGISTERED NUMBER: 15062042)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 December 2024 and were signed by:





Miss A L Brown - Director


ALB PROPERTIES (NW) LIMITED (REGISTERED NUMBER: 15062042)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 10 AUGUST 2023 TO 31 AUGUST 2024

1. STATUTORY INFORMATION

ALB Properties (NW) 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.

The financial statements have been prepared on a going concern basis, the validity of which may be inappropriate as at 31 August 2024, the company's total liabilities exceeded its total assets by £6,506. The financial statements do not include any adjustment that may result from the company ceasing to trade. The directors have lent £19,999 to the company and have indicated that they do not require these funds to be repaid at present.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

ALB PROPERTIES (NW) LIMITED (REGISTERED NUMBER: 15062042)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 10 AUGUST 2023 TO 31 AUGUST 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 324,011
At 31 August 2024 324,011
NET BOOK VALUE
At 31 August 2024 324,011