Company Registration No. 11587972 (England and Wales)
AYT Developments Ltd
Filleted accounts
for the year ended 30 September 2024
AYT Developments Ltd
Filleted accounts
Contents
AYT Developments Ltd
Company Information
for the year ended 30 September 2024
Director
Dr Andrew Tappouni
Company Number
11587972 (England and Wales)
Registered Office
8 Tower Lane
Bearsted
Maidstone
Kent
ME14 4JJ
England
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
AYT Developments Ltd
Statement of financial position
as at 30 September 2024
Investment property
235,000
235,000
Cash at bank and in hand
1,291
1,958
Creditors: amounts falling due within one year
(34,949)
(35,457)
Net current liabilities
(33,658)
(33,499)
Total assets less current liabilities
201,342
201,501
Creditors: amounts falling due after more than one year
(147,052)
(147,052)
Provisions for liabilities
Deferred tax
(11,400)
(11,400)
Called up share capital
100
100
Profit and loss account
42,790
42,949
Shareholders' funds
42,890
43,049
For the year ending 30 September 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 his 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 9 September 2025 and were signed on its behalf by
Dr Andrew Tappouni
Director
Company Registration No. 11587972
AYT Developments Ltd
Notes to the Accounts
for the year ended 30 September 2024
AYT Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11587972. The registered office is 8 Tower Lane, Bearsted, Maidstone, Kent, ME14 4JJ, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 October 2023
235,000
At 30 September 2024
235,000
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,467
4,467
Taxes and social security
200
200
Loans from directors
29,573
29,217
AYT Developments Ltd
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
147,052
147,052
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).