ALI & SONS PROPERTIES LIMITED

ALI & SONS PROPERTIES LIMITED

ALI & SONS PROPERTIES LIMITED - Company Information

Print Friendly Version

ALI & SONS PROPERTIES LIMITED

Company Registration Number:
SC287381 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2017

Period of accounts

Start date: 01 July 2016

End date: 30 June 2017

ALI & SONS PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2017

Balance sheet
Notes

ALI & SONS PROPERTIES LIMITED

Balance sheet

As at 30 June 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 580,221 580,221
Total fixed assets: 580,221 580,221
Current assets
Debtors:   65,888 64,116
Total current assets: 65,888 64,116
Creditors: amounts falling due within one year:   (27,458) (29,421)
Net current assets (liabilities): 38,430 34,695
Total assets less current liabilities: 618,651 614,916
Creditors: amounts falling due after more than one year:   (289,411) (303,164)
Total net assets (liabilities): 329,240 311,752
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve:3219,811219,811
Profit and loss account: 108,429 90,941
Shareholders funds: 329,240 311,752

The notes form part of these financial statements

ALI & SONS PROPERTIES LIMITED

Balance sheet statements

For the year ending 30 June 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 March 2018
and signed on behalf of the board by:

Name: M Ali
Status: Director

The notes form part of these financial statements

ALI & SONS PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ALI & SONS PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

2. Tangible Assets

Total
Cost £
At 01 July 2016 580,414
At 30 June 2017 580,414
Depreciation
At 01 July 2016 193
At 30 June 2017 193
Net book value
At 30 June 2017 580,221
At 30 June 2016 580,221

ALI & SONS PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2017

3. Revaluation reserve

2017
£
Balance at 01 July 2016 219,811
Surplus or deficit after revaluation 0
Balance at 30 June 2017 219,811