AAA_PROPERTY_DEVELOPMENTS - Accounts

AAA PROPERTY DEVELOPMENTS LIMITED - Company Information

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Company Registration No. 08613779 (England and Wales)

AAA PROPERTY DEVELOPMENTS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD 17 JULY 2013 TO 31 JULY 2014

AAA PROPERTY DEVELOPMENTS LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

AAA PROPERTY DEVELOPMENTS LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AAA PROPERTY DEVELOPMENTS LIMITED FOR THE PERIOD ENDED 31 JULY 2014

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The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of AAA Property Developments Limited for the period ended 31 July 2014 set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of AAA Property Developments Limited, as a body, in accordance with the terms of our engagement letter dated 17 September 2013. Our work has been undertaken solely to prepare for your approval the financial statements of AAA Property Developments Limited and state those matters that we have agreed to state to the Board of Directors of AAA Property Developments Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AAA Property Developments Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that AAA Property Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AAA Property Developments Limited. You consider that AAA Property Developments Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of AAA Property Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Gerald Edelman

14 April 2015

Chartered Accountants

73 Cornhill

London

EC3V 3QQ

AAA PROPERTY DEVELOPMENTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2014

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2014

Notes

Current assets

Debtors

265,678

Creditors: amounts falling due within one year

(110,043)

Total assets less current liabilities

155,635

Capital and reserves

Called up share capital

Profit and loss account

155,633

Shareholders' funds

155,635

For the financial period ended 31 July 2014 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 financial statements for the period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 14 April 2015

G Sherman

A Stark

Director

Company Registration No. 08613779

AAA PROPERTY DEVELOPMENTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 JULY 2014

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Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for the sale of properties net of VAT.

Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for the sale of the properties.