Anglo French Property Investments Limite - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03710320 (England and Wales)

ANGLO FRENCH PROPERTY INVESTMENTS

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Donati

REGISTERED OFFICE:

15 Cecil Court

Wall Road

Ashford

Kent

TN24 8NW

REGISTERED NUMBER:

03710320 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Tangible assets

4

52,805

53,474

CURRENT ASSETS

Debtors

5

40,400

41,091

Cash at bank

2,489

4,347

42,889

45,438

CREDITORS

Amounts falling due within one year

6

(49,540

)

(51,196

)

NET CURRENT LIABILITIES

(6,651

)

(5,758

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,154

47,716

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

45,154

46,716

46,154

47,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 6 October 2020 and were signed by:

J Donati - Director

1.	STATUTORY INFORMATION

Anglo French Property Investments 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.

Freehold property

-

1% on cost

Taxation

Taxation for the year comprises current and deferred 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 or deferred taxation assets and liabilities are not discounted.

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 year was 1 (2019 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2019

and 31 March 2020

66,842

DEPRECIATION

At 1 April 2019

13,368

Charge for year

669

At 31 March 2020

14,037

NET BOOK VALUE

At 31 March 2020

52,805

At 31 March 2019

53,474

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

3,343

4,055

Sundry debtors

36,689

36,689

Prepayments

368

347

40,400

41,091

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

1,332

2,158

Social security and other taxes

14

-

Sundry creditors

21,540

4,375

Directors' current accounts

20,635

39,800

Accruals and deferred income

6,019

4,863

49,540

51,196