A.L.S. Properties Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04024863 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

A.L.S. PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M H Shaw

Mrs L E Shaw

SECRETARY:

Mrs L E Shaw

REGISTERED OFFICE:

Drake House

Gadbrook Park

Northwich

Cheshire

SW9 7RA

REGISTERED NUMBER:

04024863 (England and Wales)

FIXED ASSETS

Tangible assets

2

533,496

533,127

CURRENT ASSETS

Debtors

7,208

4,855

Cash at bank

3,815

1,965

11,023

6,820

CREDITORS

Amounts falling due within one year

3

88,964

79,218

NET CURRENT LIABILITIES

(77,941

)

(72,398

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

455,555

460,729

CREDITORS

Amounts falling due after more than one
year

3

279,615

304,976

NET ASSETS

175,940

155,753

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

175,840

155,653

SHAREHOLDERS' FUNDS

175,940

155,753

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 11 May 2017 and were signed on its
behalf by:

M H Shaw - 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 rents received, 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.

Freehold property

-

not provided

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

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

At 1 September 2015

541,172

Additions

742

At 31 August 2016

541,914

DEPRECIATION

At 1 September 2015

8,045

Charge for year

373

At 31 August 2016

8,418

NET BOOK VALUE

At 31 August 2016

533,496

At 31 August 2015

533,127

3.

CREDITORS

Creditors include an amount of £ 312,615 (31/8/15 - £ 337,976 ) for which security has been given.

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

31/8/16

31/8/15

£

Repayable by instalments

147,615

172,976

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/8/16

31/8/15

value:

£

100

Ordinary

£1

100