| A M & L Properties Limited |
| Registered number: |
06121440 |
| Balance Sheet |
| as at 30 June 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
751,392 |
|
|
751,392 |
|
| Current assets |
| Debtors |
4 |
|
25,975 |
|
|
24,427 |
| Cash at bank and in hand |
|
|
89,062 |
|
|
75,585 |
|
|
|
115,037 |
|
|
100,012 |
|
| Creditors: amounts falling due within one year |
5 |
|
(29,828) |
|
|
(29,614) |
|
| Net current assets |
|
|
|
85,209 |
|
|
70,398 |
|
| Total assets less current liabilities |
|
|
|
836,601 |
|
|
821,790 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(742,580) |
|
|
(753,084) |
|
|
|
| Net assets |
|
|
|
94,021 |
|
|
68,706 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
93,921 |
|
|
68,606 |
|
| Shareholders' funds |
|
|
|
94,021 |
|
|
68,706 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
|
|
| Anthony Goodyer |
| Director |
| Approved by the board on 31 August 2021 |
|
| A M & L Properties Limited |
| Notes to the Accounts |
| for the year ended 30 June 2021 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. |
|
|
Tangible fixed assets |
|
Freehold investment property is measured at cost and depreciation is not provided. |
|
|
Freehold buildings |
over 50 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Pensions |
|
The company does not currently operate a pension scheme. |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 July 2020 |
751,392 |
|
At 30 June 2021 |
751,392 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 June 2021 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2021 |
751,392 |
|
At 30 June 2020 |
751,392 |
|
|
| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Trade debtors |
14,537 |
|
24,427 |
|
Other debtors |
11,438 |
|
- |
|
|
|
|
|
|
25,975 |
|
24,427 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Bank loans and overdrafts |
20,666 |
|
20,880 |
|
Trade creditors |
- |
|
84 |
|
Taxation and social security costs |
4,866 |
|
4,356 |
|
Other creditors |
4,296 |
|
4,294 |
|
|
|
|
|
|
29,828 |
|
29,614 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Bank loans |
150,712 |
|
161,316 |
|
Other Loans |
591,868 |
|
591,768 |
|
|
|
|
|
|
742,580 |
|
753,084 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans |
2021 |
|
2020 |
| £ |
£ |
|
Creditors include: |
|
Instalments falling due for payment after more than five years |
68,048 |
|
82,171 |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
171,378 |
|
182,196 |
|
|
|
|
|
|
|
|
|
|
Bank loans are secured against the freehold property owned by the company. |
|
|
| 8 |
Other information |
|
|
A M & L Properties Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 5, OYO Business Units |
|
The Fairground |
|
Weyhill |
|
Andover |
|
SP11 0QH |
