Alveston Place Properties Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03493154 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

ALVESTON PLACE PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr G J Foster

Mr J Foster

SECRETARY:

Mrs B B Foster

REGISTERED OFFICE:

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

REGISTERED NUMBER:

03493154 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

2

1,350,000

1,350,000

CURRENT ASSETS

Debtors

691

2,306

Cash at bank

6,673

3,621

7,364

5,927

CREDITORS

Amounts falling due within one year

3

41,773

46,253

NET CURRENT LIABILITIES

(34,409

)

(40,326

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,315,591

1,309,674

CREDITORS

Amounts falling due after more than one year

3

185,588

199,869

NET ASSETS

1,130,003

1,109,805

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Revaluation reserve

1,012,943

1,012,943

Profit and loss account

116,060

95,862

SHAREHOLDERS' FUNDS

1,130,003

1,109,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 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 28 October 2014 and were signed on its behalf by:

Mr G J Foster - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller

Entities (effective April 2008).

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 February 2013

and 31 January 2014

1,356,739

DEPRECIATION

At 1 February 2013

and 31 January 2014

6,739

NET BOOK VALUE

At 31 January 2014

1,350,000

At 31 January 2013

1,350,000

3.

CREDITORS

Creditors include an amount of £ 200,056 (2013 - £ 224,187 ) for which security has been given.

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

2014

2013

£

£

Repayable by instalments

102,784

126,915

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1

1,000

1,000

5.	ULTIMATE CONTROLLING PARTY

The company was under the control of Mr G J Foster and Mr J Foster throughout the current and

previous year. Mr G J Foster and Mr J Foster own the majority of the issued share capital.