IRIS Accounts Production v25.1.3.33 12815851 Board of Directors 1.9.23 31.8.24 31.8.24 0 0 false true false false true false Fair value model Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 12815851 2023-08-31 12815851 2024-08-31 12815851 2023-09-01 2024-08-31 12815851 2022-08-31 12815851 2022-09-01 2023-08-31 12815851 2023-08-31 12815851 ns15:EnglandWales 2023-09-01 2024-08-31 12815851 ns14:PoundSterling 2023-09-01 2024-08-31 12815851 ns10:Director1 2023-09-01 2024-08-31 12815851 ns10:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12815851 ns10:SmallEntities 2023-09-01 2024-08-31 12815851 ns10:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12815851 ns10:SmallCompaniesRegimeForDirectorsReport 2023-09-01 2024-08-31 12815851 ns10:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12815851 ns10:FullAccounts 2023-09-01 2024-08-31 12815851 ns10:OrdinaryShareClass1 2023-09-01 2024-08-31 12815851 ns10:OrdinaryShareClass2 2023-09-01 2024-08-31 12815851 ns10:OrdinaryShareClass3 2023-09-01 2024-08-31 12815851 ns10:OrdinaryShareClass4 2023-09-01 2024-08-31 12815851 ns10:OrdinaryShareClass5 2023-09-01 2024-08-31 12815851 ns5:CurrentFinancialInstruments 2024-08-31 12815851 ns5:CurrentFinancialInstruments 2023-08-31 12815851 ns5:Non-currentFinancialInstruments 2024-08-31 12815851 ns5:Non-currentFinancialInstruments 2023-08-31 12815851 ns5:ShareCapital 2024-08-31 12815851 ns5:ShareCapital 2023-08-31 12815851 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 12815851 ns5:RetainedEarningsAccumulatedLosses 2023-08-31 12815851 ns10:RegisteredOffice 2023-09-01 2024-08-31 12815851 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 12815851 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-08-31 12815851 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2024-08-31 12815851 ns5:BetweenOneTwoYears ns5:Non-currentFinancialInstruments 2023-08-31 12815851 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-08-31 12815851 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2023-08-31 12815851 ns5:Secured 2024-08-31 12815851 ns5:Secured 2023-08-31 12815851 ns10:OrdinaryShareClass1 2024-08-31 12815851 ns10:OrdinaryShareClass2 2024-08-31 12815851 ns10:OrdinaryShareClass3 2024-08-31 12815851 ns10:OrdinaryShareClass4 2024-08-31 12815851 ns10:OrdinaryShareClass5 2024-08-31

REGISTERED NUMBER: 12815851 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

A N E DEVELOPMENTS LTD

A N E DEVELOPMENTS LTD (REGISTERED NUMBER: 12815851)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

Page |

Statement of Financial Position | 1 |

Notes to the Financial Statements | 3 |

A N E DEVELOPMENTS LTD (REGISTERED NUMBER: 12815851)

STATEMENT OF FINANCIAL POSITION

31 AUGUST 2024

| 2024 | 2023 |

| Notes | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 378,888 |  | 378,888 |  |

CURRENT ASSETS

Debtors | 5 | 4,128 |  | 2,589 |  |

Cash at bank | 16,570 |  | 31,455 |  |

20,698 |  | 34,044 |  |

CREDITORS

Amounts falling due within one year | 6 | 173,408 |  | 174,321 |  |

NET CURRENT LIABILITIES | (152,710 | ) | (140,277 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 226,178 |  | 238,611 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 227,715 |  | 234,356 |  |

NET (LIABILITIES)/ASSETS | (1,537 | ) | 4,255 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 200 |  | 200 |  |

Retained earnings | (1,737 | ) | 4,055 |  |

SHAREHOLDERS' FUNDS | (1,537 | ) | 4,255 |  |

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 directors acknowledge their 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 N E DEVELOPMENTS LTD (REGISTERED NUMBER: 12815851)

STATEMENT OF FINANCIAL POSITION - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:

C E Evangelou - Director

A N E DEVELOPMENTS LTD (REGISTERED NUMBER: 12815851)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

1. | STATUTORY INFORMATION

| A N E Developments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 12815851

| Registered office: | 368 Forest Road

| London

| E17 5JF

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. | EMPLOYEES AND DIRECTORS

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

A N E DEVELOPMENTS LTD (REGISTERED NUMBER: 12815851)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 September 2023

| and 31 August 2024 | 378,888 |  |

| NET BOOK VALUE

| At 31 August 2024 | 378,888 |  |

| At 31 August 2023 | 378,888 |  |

| The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 August 2024 by the Director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 2,307 |  | 871 |  |

| Other debtors | 1,821 |  | 1,718 |  |

4,128 |  | 2,589 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts (see note 8) | 5,341 |  | 5,341 |  |

| Trade creditors | (178 | ) | 1,080 |  |

| Amounts owed to connected undertakings | 164,228 |  | 161,700 |  |

| Taxation and social security | (2 | ) | 2,180 |  |

| Other creditors | 4,019 |  | 4,020 |  |

173,408 |  | 174,321 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Bank loans (see note 8) | 227,715 |  | 234,356 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 80,619 |  | 82,910 |  |

A N E DEVELOPMENTS LTD (REGISTERED NUMBER: 12815851)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

8. | LOANS

| An analysis of the maturity of loans is given below:

2024 | 2023 |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 5,341 |  | 5,341 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | 7,206 |  | 7,206 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 139,890 |  | 144,240 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 80,619 |  | 82,910 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Bank loans | 233,056 |  | 239,697 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 60 | Ordinary A | £1 | 60 |  | 60 |  |

| 20 | Ordinary B | £1 | 20 |  | 20 |  |

| 10 | Ordinary C | £1 | 10 |  | 10 |  |

| 10 | Ordinary D | £1 | 10 |  | 10 |  |

200 |  | 200 |  |

A N E DEVELOPMENTS LTD (REGISTERED NUMBER: 12815851)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2024

11. | RELATED PARTY DISCLOSURES

| The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:

|  | 2024 |  | 2023 |  |

|  | £ |  | £ |  |

| Amounts owed by/(to) C E Evangelou (Director) |  | 1,078 |  | 1,154 |  |

| Amounts owed by/(to) TCQ Surveyors Limited (connected undertakings) |  | (164,228 | ) | (161,700 | ) |

| The balances owed as at 2024 and 2023 relate to interest free loans repayable on demand with no fixed repayment terms.

| Connected Undertakings:

| A company having the same or predominantly the same shareholders and or Board of Directors but which neither is a parent, subsidiary, fellow subsidiary nor associated company.