Aethelred Property Limited - Period Ending 2019-02-28

Registration number: 10598372

Aethelred Property Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2019

AIMS ACCOUNTANTS FOR BUSINESS
2 Cornhouse Buildings
Claydons Lane
Rayleigh
Essex
SS6 7UP

Aethelred Property Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	2

Aethelred Property Limited

Company Information

Directors

Mr Gary Bush Mrs Parissa Bush

Registered office

40 Badger Hall Avenue Benfleet Essex SS7 1TN

Accountants

AIMS ACCOUNTANTS FOR BUSINESS 2 Cornhouse Buildings Claydons Lane Rayleigh Essex SS6 7UP

Page 1

Aethelred Property Limited

(Registration number: 10598372)
Balance Sheet as at 28 February 2019

	2019 £	2018 £
Fixed assets	379,538	197,183
Current assets	31,111	6,565
Creditors: Amounts falling due within one year	(300,911)	(200,670)
Net current liabilities	(269,800)	(194,105)
Total assets less current liabilities	109,738	3,078
Creditors: Amounts falling due after more than one year	(99,980)	-
	9,758	3,078
Capital and reserves	9,758	3,078

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
40 Badger Hall Avenue
Benfleet
Essex
SS7 1TN

These financial statements were authorised for issue by the Board on 7 April 2019.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Related party transactions

Transactions with directors

2019	At 1 March 2018 £	Repayments by director £	At 28 February 2019 £
Mr Gary Bush
Interest free loans made to the company	98,592	51,080	149,672
Mrs Parissa Bush
Interest free loans made to the company	98,592	51,080	149,672

Page 2

Aethelred Property Limited

(Registration number: 10598372)
Balance Sheet as at 28 February 2019

2018	Repayments by director £	At 28 February 2018 £
Mr Gary Bush
Interest free loans made to the company	98,592	98,592
Mrs Parissa Bush
Interest free loans made to the company	98,592	98,592

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 28 February 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 7 April 2019 and signed on its behalf by:
 

.........................................

Mr Gary Bush
Director

Page 3