Appletree Estates Freeholds Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08175286 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2016

for

Appletree Estates Freeholds Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Carmichael

REGISTERED OFFICE:

PO Box 82

Appletree House

Liverpool

Merseyside

L19 0WD

REGISTERED NUMBER:

08175286 (England and Wales)

ACCOUNTANTS:

Cobham Murphy Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

2

120,000

2,600,000

CURRENT ASSETS

Debtors

1,281,000

-

CREDITORS

Amounts falling due within one year

3

1,393,191

2,119,427

NET CURRENT LIABILITIES

(112,191

)

(2,119,427

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,809

480,573

CAPITAL AND RESERVES

Called up share capital

4

2

2

Revaluation reserve

-

841,024

Profit and loss account

7,807

(360,453

)

SHAREHOLDERS' FUNDS

7,809

480,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 30 January 2017 and were signed by:

R Carmichael - 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).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related

Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

No depreciation charged

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

2,600,000

Disposals

(2,480,000

)

At 30 April 2016

120,000

NET BOOK VALUE

At 30 April 2016

120,000

At 30 April 2015

2,600,000

3.

CREDITORS

Creditors include an amount of £ 0 (30.4.15 - £ 1,466,236 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

£

2

Ordinary

£1

2

2

5.	ULTIMATE PARENT COMPANY

Appletree Estates Holdings Limited is regarded by the director as being the company's ultimate parent company.

6.	RELATED PARTY DISCLOSURES

R Carmichael is also a director of Lodge Place Leaseholds Limited.

Included in other debtors as at 30th April 2016 is £1,281,000 owing from Lodge Place Leaseholds Limited.

During the year the company sold a property to Lodge Place Leaseholds Limited at an open market value of

£2,681,000.

7.	ULTIMATE CONTROLLING PARTY

R Carmichael is the ultimate controlling party by virtue of his shareholding in the company's parent undertaking.