Abbreviated Company Accounts - AT PROPERTIES LIMITED

Abbreviated Company Accounts - AT PROPERTIES LIMITED

AT PROPERTIES LIMITED - Company Information

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Registered Number 04939007

AT PROPERTIES LIMITED

Abbreviated Accounts

5 April 2014

AT PROPERTIES LIMITED Registered Number 04939007

Abbreviated Balance Sheet as at 5 April 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 3,206,472 3,205,000
Investments 3 1 1
3,206,473 3,205,001
Current assets
Debtors 17,694 27,008
Cash at bank and in hand 808 1,067
18,502 28,075
Creditors: amounts falling due within one year 4 (70,501) (153,684)
Net current assets (liabilities) (51,999) (125,609)
Total assets less current liabilities 3,154,474 3,079,392
Creditors: amounts falling due after more than one year 4 (2,509,046) (2,509,046)
Total net assets (liabilities) 645,428 570,346
Capital and reserves
Called up share capital 1 1
Revaluation reserve 520,124 520,124
Profit and loss account 125,303 50,221
Shareholders' funds 645,428 570,346
  • For the year ending 5 April 2014 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 December 2014

And signed on their behalf by:
A F Towey, Director

AT PROPERTIES LIMITED Registered Number 04939007

Notes to the Abbreviated Accounts for the period ended 5 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises rent receivable.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% Straight Line

Investments properties comprise freehold properties held for their investment potential. They are shown at director's valuation and are not depreciated. Any change in their value is shown as a movement on the revaluation reserve. Any net deficit, if it exceeds previous years' surplus is charged to profit and loss account.

2Tangible fixed assets
£
Cost
At 6 April 2013 3,205,000
Additions 1,963
Disposals -
Revaluations -
Transfers -
At 5 April 2014 3,206,963
Depreciation
At 6 April 2013 -
Charge for the year 491
On disposals -
At 5 April 2014 491
Net book values
At 5 April 2014 3,206,472
At 5 April 2013 3,205,000

3Fixed assets Investments
The company owns the entire share capital of 1 £1 ordinary share in AT Investments Limited, a company incorporated in England.

4Creditors
2014
£		 2013
£
Secured Debts 2,509,046 2,509,046