Accounts filed on 31-03-2016

ASHLAR PROPERTY MANAGEMENT LTD - Company Information

true 03935747 ASHLAR PROPERTY MANAGEMENT LTD 2016-03-31 491051 485000 491051 488643 6051 -3643 3643 0 -3643 During the 2016 year end the directors carried out a revaluation of the two properties held by the Company. The estimated current resale values for the properties was established by looking at similar properties for sale in and around their immediate locations. The combined historic cost value of the two properties was £310,000. The properties are not depreciated and any gain or loss on under FR102 is now transfered to the profit and loss account as non distribuatble reserves. In 2015 any revaluation of the property was transferred to the Revaluation Reserve Additions to Land and buildings relate to purchase costs of a new investment property Plot 6 McKennas View with an estimated completion of summer 2016, after yearend. 491051 485000 23 0 30755 21813 30778 21813 110537 105744 269 8 5795 2025 101921 99413 2552 4298 During the 2016 year end the directors carried out a revaluation of the two properties held by the Company. The estimated current resale values for the properties was established by looking at similar properties for sale in and around their immediate locations. The combined historic cost value of the two properties was £310,000. The properties are not depreciated and any gain or loss on under FR102 is now transfered to the profit and loss account as non distribuatble reserves. In 2015 any revaluation of the property was transferred to the Revaluation Reserve Additions to Land and buildings relate to purchase costs of a new investment property Plot 6 McKennas View with an estimated completion of summer 2016, after yearend. -79759 -83931 411292 401069 35000 Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. 376292 401069 100 100 Ordinary 1.00 100 100 100 0 175000 376192 225969 376292 401069 true true true true 2016-06-14 Samantha Jones The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). Turnover Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. The financial statements are presented in sterling. Fixtures and Fittings Straight Line 25.00 Land & Buildings Straight Line 0.00 During the year the directors used a current account with the company to record amounts due to them and amounts drawn by them. The account shows an amount owing back to the directors as at 31st March 2016 of £98,545.03 (2015: £98,412.54). During the year wages totaling £8,060 were paid to Samantha Jones, director of Ashlar Property Management Ltd. Ultimate controlling party David Jones owns 40% of the share capital with Gillian and Sam Jones each owning 30%. As David owns the largest share holding he is the ultimate controlling party. xbrli:shares xbrli:pure iso4217:GBP iso4217:GBP ASHLAR PROPERTY MANAGEMENT LTD 2015-04-012016-03-31 ASHLAR PROPERTY MANAGEMENT LTD 2014-04-01 2015-03-31 ASHLAR PROPERTY MANAGEMENT LTD 2015-04-01 ASHLAR PROPERTY MANAGEMENT LTD 2016-03-31 ASHLAR PROPERTY MANAGEMENT LTD 2014-04-01 ASHLAR PROPERTY MANAGEMENT LTD 2015-03-31 2016-06-14