Allied Property Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 05276452 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

ALLIED PROPERTY LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J T Woolstencroft

SECRETARY:

Mrs R V Woolstencroft

REGISTERED OFFICE:

Timbercombe House

Broomfield

Nr Bridgwater

Somerset

TA5 1AU

REGISTERED NUMBER:

05276452 (England and Wales)

ACCOUNTANTS:

Geo. Little, Sebire & Co.

Oliver House

23 Windmill Hill

Enfield

EN2 7AB

FIXED ASSETS

Investments

2

83,297

CURRENT ASSETS

Debtors

679

14,179

Cash at bank

356

517

1,035

14,696

CREDITORS

Amounts falling due within one year

1,055

14,055

NET CURRENT (LIABILITIES)/ASSETS

(20

)

641

TOTAL ASSETS LESS CURRENT
LIABILITIES

83,277

83,938

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

83,276

83,937

SHAREHOLDERS' FUNDS

83,277

83,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 18 July 2016 and were signed by:

J T Woolstencroft - 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 January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Allied Property Ltd as an individual company and do not

contain consolidated financial information as the parent of a group. The company has taken the option under

Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

83,297

NET BOOK VALUE

At 31 March 2016

83,297

At 31 March 2015

83,297

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Dicecrown Limited

Nature of business: Property investment

%

Class of shares:

holding

Ordinary

100.00

31.3.16

31.3.15

£

Aggregate capital and reserves

329,444

312,989

Profit for the year

16,455

25,689

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Other creditors includes a loan from the director J T Woolstencroft amounting to £455 (2015: £13,455).