1 September 2024 false No description of principal activity Taxfiler 2024.6 14012378 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 14012378 2024-08-31 14012378 2024-09-01 2025-08-31 14012378 business:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 14012378 business:FilletedAccounts 2024-09-01 2025-08-31 14012378 2025-08-31 14012378 2024-08-31 14012378 core:WithinOneYear 2025-08-31 14012378 core:WithinOneYear 2024-08-31 14012378 core:AfterOneYear 2025-08-31 14012378 core:AfterOneYear 2024-08-31 14012378 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 14012378 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 14012378 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 14012378 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 14012378 core:PreviouslyStatedAmount 2025-08-31 14012378 core:PreviouslyStatedAmount 2024-08-31 14012378 business:SmallEntities 2024-09-01 2025-08-31 14012378 business:Director1 2024-09-01 2025-08-31 14012378 countries:EnglandWales 2024-09-01 2025-08-31 14012378 business:RegisteredOffice 2024-09-01 2025-08-31 14012378 core:FurnitureFittings 2024-09-01 2025-08-31 14012378 core:ComputerEquipment 2024-09-01 2025-08-31 14012378 core:FurnitureFittings 2024-08-31 14012378 core:ComputerEquipment 2024-08-31 14012378 core:FurnitureFittings 2025-08-31 14012378 core:ComputerEquipment 2025-08-31 14012378 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 14012378 (England and Wales)
Aller Barton Properties Limited Unaudited accounts for the year ended 31 August 2025
Aller Barton Properties Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
Aller Barton Properties Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,426
2,194
Investment property
5
793,476
626,065
794,902
628,259
Current assets
Debtors
6
1,393
15,802
Cash at bank and in hand
5,396
4,263
6,789
20,065
Creditors: amounts falling due within one year
7
(16,013)
(10,088)
Net current (liabilities)/assets
(9,224)
9,977
Total assets less current liabilities
785,678
638,236
Creditors: amounts falling due after more than one year
8
(792,968)
(644,792)
Net liabilities
(7,290)
(6,556)
Capital and reserves
Called up share capital
110
110
Profit and loss account
(7,400)
(6,666)
Shareholders' funds
(7,290)
(6,556)
For the year ending 31 August 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 17 October 2025 and were signed on its behalf by
M Cheriton Director Company Registration No. 14012378
- 3 -
Aller Barton Properties Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Aller Barton Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14012378. The registered office is Aller Barton, Sandford, Crediton, Devon, EX17 4PQ, England.
2
Compliance with accounting standards
The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the provisions of FRS 102 Section 1A Small Entities.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
20% straight line
Computer equipment
33% straight line
Investment property
Investment properties, which are properties held to earn rentals and/or for capital appreciation, are measured initially at cost (purchase price and directly attributable expenditure) and subsequently are measured using the fair value model and stated at their fair value as at the end of the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account. No depreciation is provided on investment properties which is a departure from the requirements of the Companies Act 2006. In the opinion of the directors, these properties are held primarily for their investment potential and so their fair value is of more significance than any measure of consumption and to depreciate them would not give a true and fair view. The provisions of FRS102 Section 16 "Investment Property" have therefore been adopted in order to give a true and fair view. If this departure from the Act had not been made, the profit would have been reduced by depreciation. The amount of depreciation cannot reasonably be quantified and the amount which might otherwise has been shown cannot be separately identified or quantified.
Deferred taxation
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.
- 4 -
Aller Barton Properties Limited Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
2,319
1,195
3,514
At 31 August 2025
2,319
1,195
3,514
Depreciation
At 1 September 2024
687
633
1,320
Charge for the year
464
304
768
At 31 August 2025
1,151
937
2,088
Net book value
At 31 August 2025
1,168
258
1,426
At 31 August 2024
1,632
562
2,194
5
Investment property
2025
£
Fair value at 1 September 2024
626,065
Additions
167,411
At 31 August 2025
793,476
The carrying value of the investment properties held by the company have been reviewed by the directors during the year with reference to open market values who considers that the fair values at the balance sheet date are consistent with the amount stated in the accounts.
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
1,143
1,028
Other debtors
250
14,774
1,393
15,802
7
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
15,156
9,417
Deferred income
857
671
16,013
10,088
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
398,088
295,328
Loans from directors
394,880
349,464
792,968
644,792
- 5 -
Aller Barton Properties Limited Notes to the Accounts for the year ended 31 August 2025
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -