Aloe Flats Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03577633 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

FOR

ALOE FLATS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs A.M. Brennan

M.E. Brennan

Miss S H Brennan

SECRETARY:

M.E. Brennan

REGISTERED OFFICE:

Flat 3

Saville Gardens

The Grove

Gosforth

Newcastle upon Tyne

NE3 1NG

REGISTERED NUMBER:

03577633 (England and Wales)

ACCOUNTANTS:

Brennan Neil & Leonard

Chartered Accountants

32 Brenkley Way

Seaton Burn

Newcastle upon Tyne

Tyne and Wear

NE13 6DS

FIXED ASSETS

Tangible assets

2

763,714

763,714

CURRENT ASSETS

Cash at bank

4,225

5,146

CREDITORS

Amounts falling due within one year

3

409,459

401,743

NET CURRENT LIABILITIES

(405,234

)

(396,597

)

TOTAL ASSETS LESS CURRENT LIABILITIES

358,480

367,117

CREDITORS

Amounts falling due after more than one year

3

327,191

358,108

NET ASSETS

31,289

9,009

CAPITAL AND RESERVES

Called up share capital

4

1,000

1

Profit and loss account

30,289

9,008

SHAREHOLDERS' FUNDS

31,289

9,009

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 November 2015 and were signed on its behalf by:

M.E. Brennan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

763,714

NET BOOK VALUE

At 30 June 2015

763,714

At 30 June 2014

763,714

3.

CREDITORS

Creditors include an amount of £ 357,795 (2014 - £ 388,384 ) for which security has been given.

They also include the following debts falling due in more than five years:

2015

2014

£

£

Repayable by instalments

221,896

247,781

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

1

1,000

1

(2014 - 1 )

999 Ordinary shares of 1 each were allotted and fully paid for cash at par during the year.

5.	ULTIMATE CONTROLLING PARTY

There is no Ultimate Controlling Party.