| Abhaya Properties Limited |
| Registered number: |
09866576 |
| Abbreviated Balance Sheet |
| as at 30 November 2016 |
|
| Notes |
|
|
2016 |
|
| £ |
|
| Fixed assets |
| Tangible assets |
2 |
|
|
2,512,949 |
|
| Current assets |
| Debtors |
|
|
16,445 |
| Cash at bank and in hand |
|
|
106,183 |
|
|
|
122,628 |
|
|
|
| Creditors: amounts falling due within one year |
|
|
(2,543,942) |
|
| Net current liabilities |
|
|
|
(2,421,314) |
|
|
| Net assets |
|
|
|
91,635 |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
| Profit and loss account |
|
|
|
91,535 |
|
| Shareholders' funds |
|
|
|
91,635 |
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Satbir Singh Ahluwalia |
| Director |
| Approved by the board on 2 June 2017 |
|
| Abhaya Properties Limited |
| Notes to the Abbreviated Accounts |
| for the period ended 30 November 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value of rent receivable. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Land and Buildings |
NIL |
|
Freehold land and buildings had been revalued by directors', which in their opinion reflects the market value of the property. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
Additions |
2,512,949 |
|
At 30 November 2016 |
2,512,949 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 November 2016 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2016 |
2,512,949 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
| value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
|
|
|
|
|
|
