AHE Properties Co. Limited - Period Ending 2015-04-30

Registration number: 05862731

AHE Properties Co. Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015
 

Thompson Jenner LLP
Chartered Accountants
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

AHE Properties Co. Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 4

AHE Properties Co. Limited
(Registration number: 05862731)
Abbreviated Balance Sheet at 30 April 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					246,332			246,575
Investments					1,000			1,000
					247,332			247,575
Current assets
Debtors					6,546			120
Cash at bank and in hand					4,920			2,803
					11,466			2,923
Creditors: Amounts falling due within one year					(82,455)			(73,729)
Net current liabilities					(70,989)			(70,806)
Total assets less current liabilities					176,343			176,769
Creditors: Amounts falling due after more than one year					(44,340)			(63,955)
Provisions for liabilities					(102)			(153)
Net assets					131,901			112,661
Capital and reserves
Called up share capital		4			1,000			1,000
Profit and loss account					130,901			111,661
Shareholders' funds					131,901			112,661

For the year ending 30 April 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the director on 3 September 2015

T Townsend
 Director

The notes on pages 2 to 4 form an integral part of these financial statements.
Page 1

AHE Properties Co. Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life.

Asset class	Depreciation method and rate
Land and buildings	Nil (Residual value deemed equal to cost)
Plant and machinery	20% straight line basis

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

AHE Properties Co. Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 May 2014		247,061			1,000			248,061
At 30 April 2015		247,061			1,000			248,061
Depreciation
At 1 May 2014		486			-			486
Charge for the year		243			-			243
At 30 April 2015		729			-			729
Net book value
At 30 April 2015		246,332			1,000			247,332
At 30 April 2014		246,575			1,000			247,575

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
John Barnes Joinery Associates Limited		Ordinary Share	100%	Joinery Work

The profit for the financial period of John Barnes Joinery Associates Limited was £5,957 and the aggregate amount of capital and reserves at the end of the period was (£1,435).

3

Creditors

Creditors includes the following liabilities, on which security has been given by the company:

		2015 £			2014 £
Amounts falling due within one year		18,330			16,530
Amounts falling due after more than one year		44,340			63,955
Total secured creditors		62,670			80,485

Page 3

AHE Properties Co. Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

4	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		1,000			1,000			1,000			1,000

Page 4