Ansell Estates Ltd

Ansell Estates Ltd

ANSELL ESTATES LTD - Company Information

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Company Registration No. 09040697 (England and Wales)
Ansell Estates Ltd Unaudited accounts for the year ended 31 May 2017
Ansell Estates Ltd Unaudited accounts Contents
Page
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Ansell Estates Ltd Company Information for the year ended 31 May 2017
Director
Abraham Ostreicher
Company Number
09040697 (England and Wales)
Registered Office
162 Osbaldeston Road London N16 6NJ
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Ansell Estates Ltd Statement of financial position as at 31 May 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Investment property
4
670,967 
2,251,060 
Current assets
Debtors
5
1,428,452 
14,260 
Cash at bank and in hand
256,415 
38,981 
1,684,867 
53,241 
Creditors: amounts falling due within one year
6
(1,993,202)
(2,313,575)
Net current liabilities
(308,335)
(2,260,334)
Total assets less current liabilities
362,632 
(9,274)
Creditors: amounts falling due after more than one year
7
(281,103)
- 
Net assets/(liabilities)
81,529 
(9,274)
Capital and reserves
Called up share capital
8
1 
1 
Profit and loss account
81,528 
(9,275)
Shareholders' funds
81,529 
(9,274)
For the year ending 31 May 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 April 2018.
Abraham Ostreicher Director Company Registration No. 09040697
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Ansell Estates Ltd Notes to the Accounts for the year ended 31 May 2017
1
Statutory information
Ansell Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 09040697. The registered office is 162 Osbaldeston Road, London, N16 6NJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 10 below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2017 
£ 
Fair value at 1 June 2016
2,251,060 
Additions
63,907 
Disposals
1,644,000 
At 31 May 2017
670,967 
5
Debtors
2017 
2016 
£ 
£ 
Trade debtors
5,474 
9,184 
Other debtors
1,422,978 
5,076 
1,428,452 
14,260 
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Bank loans and overdrafts
- 
460,175 
Trade creditors
9,414 
4,076 
Taxes and social security
13,319 
- 
Other creditors
1,968,969 
1,848,574 
Accruals
1,500 
750 
1,993,202 
2,313,575 
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Ansell Estates Ltd Notes to the Accounts for the year ended 31 May 2017
7
Creditors: amounts falling due after more than one year
2017 
2016 
£ 
£ 
Bank loans
281,103 
- 
8
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
10
Reconciliations on adoption of FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 15 July 2015. No transitions were required in equity or profit or loss for the year.
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