Company Registration No. 09617389 (England and Wales)
Airestead Property Developments Limited
Unaudited accounts
for the period from 1 July 2017 to 31 March 2018
Airestead Property Developments Limited
Unaudited accounts
Contents
Airestead Property Developments Limited
Company Information
for the period from 1 July 2017 to 31 March 2018
Directors
Claire Margaret Bartley
Halstead Valdemher Ottley
Philip Andrew Moore
Company Number
09617389 (England and Wales)
Registered Office
31 HIGH STREET
NEEDHAM MARKET
IPSWICH
SUFFOLK
IP6 8AL
ENGLAND
Accountants
Target Associates Ltd
31 High Street
Needham Market
Suffolk
IP6 8AL
Airestead Property Developments Limited
Statement of financial position
as at 31 March 2018
Tangible assets
65,574
63,175
Cash at bank and in hand
2,738
80,118
Creditors: amounts falling due within one year
(47,943)
(89,931)
Net current liabilities
(38,705)
(9,313)
Total assets less current liabilities
26,869
53,862
Creditors: amounts falling due after more than one year
(56,647)
(70,000)
Net liabilities
(29,778)
(16,138)
Called up share capital
3
3
Profit and loss account
(29,781)
(16,141)
Shareholders' funds
(29,778)
(16,138)
For the period ending 31 March 2018 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.
Approved by the Board on 29 May 2018.
Claire Margaret Bartley
Director
Company Registration No. 09617389
Airestead Property Developments Limited
Notes to the Accounts
for the period from 1 July 2017 to 31 March 2018
Airestead Property Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 09617389. The registered office is 31 HIGH STREET, NEEDHAM MARKET, IPSWICH, SUFFOLK, IP6 8AL, 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 period, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
4
Tangible fixed assets
Land & buildings
Airestead Property Developments Limited
Notes to the Accounts
for the period from 1 July 2017 to 31 March 2018
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
24,925
75,000
Loans from directors
22,448
14,601
7
Creditors: amounts falling due after more than one year
2018
2017
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Average number of employees
During the period the average number of employees was 0 (2017: 1).
