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Registered number: 11879369
Am1029 Properties Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
TaxAssist Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11879369
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 538,418 538,789
538,418 538,789
CURRENT ASSETS
Cash at bank and in hand 6,270 33,096
6,270 33,096
Creditors: Amounts Falling Due Within One Year (396,458 ) (413,877 )
NET CURRENT ASSETS (LIABILITIES) (390,188 ) (380,781 )
TOTAL ASSETS LESS CURRENT LIABILITIES 148,230 158,008
Creditors: Amounts Falling Due After More Than One Year (114,670 ) (122,601 )
NET ASSETS 33,560 35,407
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 33,460 35,307
SHAREHOLDERS' FUNDS 33,560 35,407
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Aviv Maayan
Director
09/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Am1029 Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11879369 . The registered office is Yew Tree Cottage, Links Road, Winchester, Hampshire, SO22 5HP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Fixtures & Fittings 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 April 2024 541,997
As at 31 March 2025 541,997
Depreciation
As at 1 April 2024 3,208
Provided during the period 371
As at 31 March 2025 3,579
Net Book Value
As at 31 March 2025 538,418
As at 1 April 2024 538,789
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5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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