ADHAN_PROPERTIES_LIMITED - Accounts
ADHAN_PROPERTIES_LIMITED - Accounts
Company Registration No. 05536925 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Investments
2
Current assets
Debtors
3
-
Cash at bank and in hand
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
(200,000 )
(227,000 )
51
51
Capital and reserves
Called up share capital
4
Shareholders' funds
Director's responsibilities:
-
-
Approved by the Board for issue on 12 February 2016
Director
Company Registration No. 05536925
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The company is reliant upon the financial support of a connected company to meet its liabilities as they fall due. The director has indicated that this support will continue for the foreseeable future and, as a result, he has continued to adopt the going concern basis in preparing the financial statements.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost less provision for diminution in value.
1.4
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
2
Fixed assets
Investments
£
Cost
At 1 November 2014 & at 31 October 2015
200,000
At 31 October 2014
200,000
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
Ordinary
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2015
2015
Principal activity
£
£
4,626,097
18,537
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2015
- 3 -
3
Debtors
Debtors include an amount of £0 (2014 - £27,000) which is due after more than one year.
4
Share capital
2015
2014
£
£
Allotted, called up and fully paid