A.E. Maiden Estates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03274898 (England and Wales)

A.E. MAIDEN ESTATES LIMITED

Unaudited Financial Statements

for the Year Ended 30 June 2018

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

Directors:

Mr S Chauhan

Mrs A K Chauhan

Secretary:

Mrs A K Chauhan

Registered office:

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

Registered number:

03274898 (England and Wales)

Accountants:

Cobley Desborough

Chartered Certified Accountants

Chartered Tax Advisers

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

FIXED ASSETS

Investment property

3

1,360,000

1,360,000

CURRENT ASSETS

Debtors

4

2,618,258

2,618,699

Cash at bank

25,977

45,810

2,644,235

2,664,509

CREDITORS

Amounts falling due within one year

5

220,343

232,280

NET CURRENT ASSETS

2,423,892

2,432,229

TOTAL ASSETS LESS CURRENT LIABILITIES

3,783,892

3,792,229

CREDITORS

Amounts falling due after more than one year

6

181,740

291,554

NET ASSETS

3,602,152

3,500,675

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,602,052

3,500,575

SHAREHOLDERS' FUNDS

3,602,152

3,500,675

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 17 August 2018 and were signed on its behalf by:

Mr S Chauhan - Director

1.	STATUTORY INFORMATION

A.e. Maiden Estates Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising

from changes in fair value is recognised in profit or loss.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are

recorded at transaction price. Any losses arising from impairment are recognised in the profit and

loss account.

3.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 July 2017

and 30 June 2018

1,360,000

Net book value

At 30 June 2018

1,360,000

At 30 June 2017

1,360,000

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

5,928

1,399

Owed from connected companies

2,612,300

2,617,300

Other debtors

30

-

2,618,258

2,618,699

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

113,220

136,000

Trade creditors

870

3,005

Taxation and social security

29,309

40,100

Other creditors

76,944

53,175

220,343

232,280

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other creditors

181,740

291,554