Accent Property Ltd
Accent Property Ltd
Registered number: 10417982
Unaudited Financial Statements
For The Year Ended
30 November 2022
Bankim Patel and Co.Ltd.
Accent Property Ltd
Unaudited Financial Statements
For The Year Ended
30 November 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Accountants' Report | 1 |
| Statement of Financial Position | 2—3 |
| Notes to the Financial Statements | 4—5 |
Page 1
Accent Property Ltd
Accountants' Report
For The Year Ended
30 November 2022
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of
Accent Property Ltd
For The Year Ended 30 November 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Accent Property Ltd
For The Year Ended 30 November 2022 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of
Accent Property Ltd
, as a body, in accordance with the terms of our engagement letter dated 5th June 2019 . Our work has been undertaken solely to prepare for your approval the accounts of
Accent Property Ltd
and state those matters that we have agreed to state to the director of
Accent Property Ltd
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Accent Property Ltd
and its director, as a body, for our work or for this report.
It is your duty to ensure that
Accent Property Ltd
has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of
Accent Property Ltd
. You consider that
Accent Property Ltd
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of
Accent Property Ltd
. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
| Signed |
|
|
|
|
Chartered Accountants
42 Anglesmede Crescent
Pinner
Middx.
HA55SP
Page 1
Page 2
Accent Property Ltd
Statement of Financial Position
As At
30 November 2022
Statement of Financial Position
Registered number:
10417982
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 4 |
|
|
||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year | 5 |
( |
( |
||
| NET CURRENT ASSETS (LIABILITIES) |
|
|
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
| Creditors: Amounts Falling Due After More Than One Year | 6 |
( |
( |
||
| NET LIABILITIES |
( |
( |
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
|
|
||
| Income Statement |
( |
( |
|||
| SHAREHOLDERS' FUNDS | (31,787) | (49,016) | |||
Page 2
Page 3
Accent Property Ltd
Statement of Financial Position (continued)
As At
30 November 2022
On behalf of the board
|
Director
|
|
|
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Accent Property Ltd
Notes to the Financial Statements
For The Year Ended
30 November 2022
Notes to the Financial Statements
1.
General Information
Accent Property Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
10417982
. The registered office is 19 ASPEN GROVE, PINNER, MIDDX., HA5 2NL.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2022 | 2021 | ||
|---|---|---|---|
| Office and administration |
|
|
|
|
|
|
||
4.
Debtors
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Deferred tax current asset | 15,946 | 15,946 | |
|
|
|
||
| Due after more than one year | |||
| Amounts owed by joint-ventures |
|
|
|
|
|
|
||
|
|
|
||
Deferred Taxation debtor arises from available tax losses carried forward .
5.
Creditors: Amounts Falling Due Within One Year
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
( |
|
| Accruals and deferred income |
|
|
|
| Director's loan account |
|
|
|
|
|
|
||
Page 4
Page 5
Accent Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended
30 November 2022
6.
Creditors: Amounts Falling Due After More Than One Year
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Amounts owed to joint ventures |
|
|
|
| Amounts owed to associates |
|
|
|
|
|
|
||
The Loan from associate is an interest free loan with no fixed repayment term, from Aspen Dental Care Ltd., a company managed and controlled by the Director.
7.
Share Capital
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Allotted, Called up and fully paid |
|
|
|
8.
Related Party Transactions
During the year, the Company's 50% share of partnership profit in Ammolite Property LLP was £17,314
(2021 £1100). As at the balance sheet date the Company owed Ammolite Property LLP £14,767 (2021 £32,081) on Current account and was owed £392,000 (2021 £422,000) on Capital account.
Page 5