Altwood Properties Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04727365 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2016

FOR

ALTWOOD PROPERTIES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs A K Dhesi

G S Dhesi

K S Dhesi

Dr S S Dhesi

SECRETARY:

Mrs A K Dhesi

REGISTERED OFFICE:

The Coach House

Seven Hills Road

Iver Heath

Buckinghamshire

SL0 0PA

REGISTERED NUMBER:

04727365 (England and Wales)

ACCOUNTANTS:

Braham Noble Denholm & Co.

York House

Empire Way

Wembley

Middlesex

HA9 0PA

FIXED ASSETS

Tangible assets

2

1,169

2,697

CURRENT ASSETS

Debtors

1,495,592

1,260,019

Cash in hand

456

327

1,496,048

1,260,346

CREDITORS

Amounts falling due within one year

856,072

609,247

NET CURRENT ASSETS

639,976

651,099

TOTAL ASSETS LESS CURRENT
LIABILITIES

641,145

653,796

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

641,045

653,696

SHAREHOLDERS' FUNDS

641,145

653,796

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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 24 March 2017 and were signed on its behalf by:

Mrs A K Dhesi - Director

G S Dhesi - Director

K S Dhesi - Director

Dr S S Dhesi - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

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 July 2015

and 30 June 2016

26,813

DEPRECIATION

At 1 July 2015

24,116

Charge for year

1,528

At 30 June 2016

25,644

NET BOOK VALUE

At 30 June 2016

1,169

At 30 June 2015

2,697

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary Shares

£1

100