Alliance Property Developments U.K. Limited Filleted accounts for Companies House (small and micro)
Alliance Property Developments U.K. Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
03757251
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Financial Statements |
Year ended 30 June 2021
Contents |
Page |
Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements |
1 |
Statement of financial position |
2 |
Accounting policies |
4 |
Notes to the financial statements |
6 |
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Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 30 June 2021
3 Churchmeadows
Bulford Road
Shipton Bellinger
Tidworth
Hampshire
SP9 7RL
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
Fixed assets
Intangible assets |
4 |
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– |
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Tangible assets |
5 |
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Investments |
6 |
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Current assets
Stocks |
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– |
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Debtors |
7 |
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Investments |
8 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
9 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
10 |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
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Other reserves |
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Profit and loss account |
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Shareholder funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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Statement of Financial Position (continued) |
Director's responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
11 April 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
03757251
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Accounting Policies |
Year ended 30 June 2021
Basis of preparation
Revenue recognition
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions: provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold; deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on a discounted/an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office equipment and fittings |
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25% Straight line
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Stocks
Provisions
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
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Notes to the Financial Statements |
Year ended 30 June 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sandown Sports Park, More Lane, Esher, Surrey, KT10 8AN, England.
2.
Statement of compliance
3.
Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2020:1)
4.
Intangible assets
Franchise fees |
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£ |
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Cost |
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Additions |
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At 30 June 2021 |
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Amortisation |
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At 1 July 2020 and 30 June 2021 |
– |
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Carrying amount |
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At 30 June 2021 |
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At 30 June 2020 |
– |
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5.
Tangible assets
Land and buildings |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 July 2020 |
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Additions |
– |
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At 30 June 2021 |
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Depreciation |
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At 1 July 2020 |
– |
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Charge for the year |
– |
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At 30 June 2021 |
– |
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Carrying amount |
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At 30 June 2021 |
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At 30 June 2020 |
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Tangible assets held at valuation
The investment properties have been valued at open market value by the director.
6.
Investments
Shares in group undertakings |
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£ |
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Cost |
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At 1 July 2020 |
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Disposals |
(
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At 30 June 2021 |
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Impairment |
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At 1 July 2020 and 30 June 2021 |
– |
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Carrying amount |
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At 30 June 2021 |
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At 30 June 2020 |
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7.
Debtors
2021 |
2020 |
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£ |
£ |
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Other debtors |
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8.
Investments
2021 |
2020 |
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£ |
£ |
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Short term trading investments |
625,286 |
270,474 |
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9.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
– |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Corporation tax |
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– |
Other creditors |
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10.
Creditors:
amounts falling due after more than one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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