ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

ALDERLEY PROPERTIES LIMITED - Company Information

Caseware UK (AP4) 2016.0.208 2016.0.208 2018-01-312018-01-31The 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 year in question in accordance with section 476 of Companies Act 2006.The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetruefalse2017-02-01 04347260 2017-02-01 2018-01-31 04347260 2016-02-01 2017-01-31 04347260 2018-01-31 04347260 2017-01-31 04347260 c:Director1 2017-02-01 2018-01-31 04347260 d:FreeholdInvestmentProperty 2018-01-31 04347260 d:FreeholdInvestmentProperty 2017-01-31 04347260 d:CurrentFinancialInstruments d:WithinOneYear 2018-01-31 04347260 d:CurrentFinancialInstruments d:WithinOneYear 2017-01-31 04347260 d:Non-currentFinancialInstruments d:AfterOneYear 2018-01-31 04347260 d:Non-currentFinancialInstruments d:AfterOneYear 2017-01-31 04347260 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2018-01-31 04347260 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2017-01-31 04347260 d:ShareCapital 2018-01-31 04347260 d:ShareCapital 2017-01-31 04347260 d:RetainedEarningsAccumulatedLosses 2018-01-31 04347260 d:RetainedEarningsAccumulatedLosses 2017-01-31 04347260 d:AcceleratedTaxDepreciationDeferredTax 2017-01-31 04347260 c:OrdinaryShareClass1 2017-02-01 2018-01-31 04347260 c:OrdinaryShareClass1 2018-01-31 04347260 c:FRS102 2017-02-01 2018-01-31 04347260 c:AuditExempt-NoAccountantsReport 2017-02-01 2018-01-31 04347260 c:FullAccounts 2017-02-01 2018-01-31 04347260 c:PrivateLimitedCompanyLtd 2017-02-01 2018-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04347260

ALDERLEY PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2018

ALDERLEY PROPERTIES LIMITED

REGISTERED NUMBER:04347260

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2018

		2018		2017
		£		£

FIXED ASSETS
Investments	4		150,000		150,000
			150,000		150,000
CURRENT ASSETS
Cash at bank and in hand		9,757		10,195
		9,757		10,195
Creditors: amounts falling due within one year		(580)		(541)
NET CURRENT ASSETS			9,177		9,654
TOTAL ASSETS LESS CURRENT LIABILITIES			159,177		159,654
Creditors: amounts falling due after more than one year	5		(101,392)		(101,560)
Provisions for liabilities			-		(8,216)
NET ASSETS			57,785		49,878

CAPITAL AND RESERVES
Called up share capital	7	100	100
Profit and loss account		57,685	49,778
		57,785	49,878

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ALDERLEY PROPERTIES LIMITED

REGISTERED NUMBER:04347260

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2018

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 year 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 income and retained earnings 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:

M D Lee

Director

Date: 6 March 2018

The notes on pages 3 to 5 form part of these financial statements.

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ALDERLEY PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

1.	GENERAL INFORMATION

Alderley Properties Limited is a private limited company, limited by shares, incorporated and registered in England, United Kingdom. The registered number is 04347260 and the address of the registered office is 16 Queen Square, Bristol, BS1 4NT.

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

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.

2.3

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

2.4

DEBTORS

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

CREDITORS

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

PROVISIONS FOR LIABILITIES

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to the Statement of Income and Retained Earnings in the year that the company becomes aware of the obligation, and are measured at the best estimate at the Statement of Financial Position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

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ALDERLEY PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

2.ACCOUNTING POLICIES (continued)

2.7

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 4 (2017: 4).

4.	INVESTMENT PROPERTY

		Freehold investment property
		£
	VALUATION
	At 1 February 2017	150,000
	AT 31 JANUARY 2018	150,000

The 2018 valuations were made by the directors, on an open market value for existing use basis.


	AT 31 JANUARY 2018

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
	2018	2017
	£	£

	Historic cost	101,670	101,670
		101,670	101,670

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ALDERLEY PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018


AMOUNTS FALLING DUE 1-2 YEARS
Bank loans	101,391	101,560


	101,391	101,560

6.	DEFERRED TAXATION

		2018
		£

	At beginning of year	8,216
	Charged to profit or loss	(8,216)
	AT END OF YEAR	-

The deferred taxation balance is made up as follows:
	2018	2017
	£	£

	On unrealised investment property gains	-	8,216
		-	8,216

7.	SHARE CAPITAL
		2018	2017
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

100 Ordinary shares of £1 each	100	100

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