Alveston Place Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03493154 (England and Wales)

CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2017 TO 31 JULY 2018

FOR

ALVESTON PLACE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G J Foster

Mr J Foster

REGISTERED OFFICE:

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

REGISTERED NUMBER:

03493154 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

CURRENT ASSETS

Stocks

-

3,789,375

Debtors

5

972,244

104,170

Cash at bank

54,106

25,119

1,026,350

3,918,664

CREDITORS

Amounts falling due within one year

6

1,144,051

10,689

NET CURRENT (LIABILITIES)/ASSETS

(117,701

)

3,907,975

TOTAL ASSETS LESS CURRENT LIABILITIES

(117,701

)

3,907,975

CREDITORS

Amounts falling due after more than one year

7

-

2,913,279

NET (LIABILITIES)/ASSETS

(117,701

)

994,696

CAPITAL AND RESERVES

Called up and paid share capital

1,000

1,000

Revaluation reserve

-

1,462,943

Retained earnings

(118,701

)

(469,247

)

SHAREHOLDERS' FUNDS

(117,701

)

994,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 8 August 2018 and were signed on its behalf by:

Mr G J Foster - Director

1.	STATUTORY INFORMATION

Alveston Place Properties 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period comprises current tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2017 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2017

and 31 July 2018

6,396

343

6,739

DEPRECIATION

At 1 July 2017

and 31 July 2018

6,396

343

6,739

NET BOOK VALUE

At 31 July 2018

-

-

-

At 30 June 2017

-

-

-

5.

DEBTORS

2018

2017

£

£

Amounts falling due within one year:

Trade debtors

925,216

-

Other debtors

33,962

500

VAT

13,066

6,223

972,244

6,723

Amounts falling due after more than one year:

Other debtors

-

97,447

Aggregate amounts

972,244

104,170

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

1,041,068

2,660

Tax

77,269

4,742

Directors' loan accounts

-

78

Accrued expenses

25,714

3,209

1,144,051

10,689

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other creditors-more than 1 yr

-

2,913,279

8.	SECURED DEBTS

The following secured debts are included within creditors:

2018

2017

£

£

Other loans

-

2,913,279

The outstanding liability with Together Commercial Finance are secured by the fixed and floating

assets within the company.