ACCOUNTS - Final Accounts preparation

ALISTAIR BROWN INTERNATIONAL REAL ESTATE LIMITED - Company Information

Company registration number: 11099694

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 31 DECEMBER 2018

	ALISTAIR BROWN INTERNATIONAL REAL ESTATE LIMITED


ALISTAIR BROWN INTERNATIONAL REAL ESTATE LIMITED REGISTERED NUMBER:11099694

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2018

		2018
Note		£


Current assets
Cash at bank and in hand		936,381
		936,381
Creditors: amounts falling due within one year	4	(1,024,018)
Net current (liabilities)/assets			(87,637)
Total assets less current liabilities			(87,637)

Net (liabilities)/assets			(87,637)

Capital and reserves
Allotted, called up and fully paid share capital			100
Profit and loss account			(87,737)
			(87,637)

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A R Brown

Director

Date: 7 September 2019

The notes on pages 3 to 4 form part of these financial statements.

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ALISTAIR BROWN INTERNATIONAL REAL ESTATE LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 31 DECEMBER 2018

	Called up share capital	Profit and loss account	Total equity
	£	£	£
Comprehensive income for the period
Loss for the period	-	(87,737)	(87,737)
Other comprehensive income for the period	-	-	-
Total comprehensive income for the period	-	(87,737)	(87,737)
Shares issued during the period	100	-	100
Total transactions with owners	100	-	100
At 31 December 2018	100	(87,737)	(87,637)

The notes on pages 3 to 4 form part of these financial statements.

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ALISTAIR BROWN INTERNATIONAL REAL ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2018

1.	General information

Alistair Brown International Real Estate Limited is a private company, limited by shares, incorporated in England and Wales, company registration number 11099694. The registered office is Lynton House, 7-12 Tavistock Square, London, WC1H 9LT.
The company was incorporated on 6 December 2017 and began trading on this date. The accounts have been prepared from the date of incorporation to 31 December 2018.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The directors have pledged to provide continuing financial support to the company, to enable the company to
continue operational existence for the foreseeable future. For this reason, the directors continue to adopt the
going concern basis of accounts in preparing the annual financial statements.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Employees

The average monthly number of employees, including directors, during the period was 2.

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ALISTAIR BROWN INTERNATIONAL REAL ESTATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2018

4.	Creditors: Amounts falling due within one year
		2018
		£

	Other creditors	1,020,718
	Accruals and deferred income	3,300
		1,024,018

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