Anglo-Euro Properties Limited

Anglo-Euro Properties Limited

ANGLO-EURO PROPERTIES LIMITED - Company Information

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30 September 2019 false No description of principal activity Taxfiler 2021.7 03963151business:PrivateLimitedCompanyLtd2019-09-302020-09-29 039631512019-09-29 039631512019-09-302020-09-29 03963151business:AuditExempt-NoAccountantsReport2019-09-302020-09-29 03963151business:FullAccounts2019-09-302020-09-29 039631512020-09-29 03963151business:Director12019-09-302020-09-29 03963151business:Director22019-09-302020-09-29 03963151business:RegisteredOffice2019-09-302020-09-29 039631512019-09-29 03963151core:WithinOneYear2020-09-29 03963151core:WithinOneYear2019-09-29 03963151core:AfterOneYear2020-09-29 03963151core:AfterOneYear2019-09-29 03963151core:ShareCapital2020-09-29 03963151core:ShareCapital2019-09-29 03963151core:RetainedEarningsAccumulatedLosses2020-09-29 03963151core:RetainedEarningsAccumulatedLosses2019-09-29 03963151business:SmallEntities2019-09-302020-09-29 03963151countries:EnglandWales2019-09-302020-09-29 03963151core:LandBuildings2019-09-302020-09-29 03963151core:LandBuildings2019-09-29 03963151core:PlantMachinery2019-09-29 03963151core:LandBuildings2020-09-29 03963151core:PlantMachinery2020-09-29 039631512018-09-302019-09-29 iso4217:GBP xbrli:pure
Company Registration No. 03963151 (England and Wales)
Anglo-Euro Properties Limited Unaudited accounts for the year ended 29 September 2020
Anglo-Euro Properties Limited Unaudited accounts Contents
Page
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Anglo-Euro Properties Limited Company Information for the year ended 29 September 2020
Directors
Bradley Russell Smith Catherine Elizabeth Smith
Company Number
03963151 (England and Wales)
Registered Office
BLACK BARN, MALTHOUSE FARM MALTHOUSE LAN GISSING DISS NORFOLK IP22 5UT
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Anglo-Euro Properties Limited Statement of financial position as at 29 September 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
665,005 
665,005 
Current assets
Debtors
5
8,847 
2,328 
Cash at bank and in hand
5,060 
30,885 
13,907 
33,213 
Creditors: amounts falling due within one year
6
(76,816)
(85,622)
Net current liabilities
(62,909)
(52,409)
Total assets less current liabilities
602,096 
612,596 
Creditors: amounts falling due after more than one year
7
(275,439)
(275,439)
Provisions for liabilities
Deferred tax
(43,208)
(43,208)
Net assets
283,449 
293,949 
Capital and reserves
Called up share capital
75,002 
75,002 
Profit and loss account
208,447 
218,947 
Shareholders' funds
283,449 
293,949 
For the year ending 29 September 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 June 2021 and were signed on its behalf by
Catherine Elizabeth Smith Director Company Registration No. 03963151
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Anglo-Euro Properties Limited Notes to the Accounts for the year ended 29 September 2020
1
Statutory information
Anglo-Euro Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 03963151. The registered office is BLACK BARN, MALTHOUSE FARM MALTHOUSE LAN, GISSING, DISS, NORFOLK, IP22 5UT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 29 September 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 30 September 2018. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
7 Years
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 30 September 2019
665,000 
5,000 
670,000 
At 29 September 2020
665,000 
5,000 
670,000 
Depreciation
At 30 September 2019
- 
4,995 
4,995 
At 29 September 2020
- 
4,995 
4,995 
Net book value
At 29 September 2020
665,000 
5 
665,005 
At 29 September 2019
665,000 
5 
665,005 
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Anglo-Euro Properties Limited Notes to the Accounts for the year ended 29 September 2020
5
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade debtors
7,075 
- 
Other debtors
1,772 
2,328 
8,847 
2,328 
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Loans from directors
76,816 
85,622 
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
275,439 
275,439 
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
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