Alexander Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06002693 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

ALEXANDER INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr L D Theodorou

REGISTERED OFFICE:

Urban Land Group

Urban House 1st Floor

43 Chase Side

London

N14 5PB

REGISTERED NUMBER:

06002693 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Investment property

4

2,556,611

2,400,000

CURRENT ASSETS

Debtors

5

-

2,716

Cash at bank and in hand

81,270

146,350

81,270

149,066

CREDITORS

Amounts falling due within one year

6

336,806

236,362

NET CURRENT LIABILITIES

(255,536

)

(87,296

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,301,075

2,312,704

CREDITORS

Amounts falling due after more than one year

7

(1,072,372

)

(1,118,092

)

PROVISIONS FOR LIABILITIES

10

(100,050

)

(100,050

)

NET ASSETS

1,128,653

1,094,562

CAPITAL AND RESERVES

Called up share capital

11

1

1

Fair value reserve

12

938,532

938,532

Retained earnings

190,120

156,029

SHAREHOLDERS' FUNDS

1,128,653

1,094,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 28 December 2018 and were signed by:

Mr L D Theodorou - Director

1.	STATUTORY INFORMATION

Alexander Investments Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2017

2,400,000

Additions

156,611

At 31 March 2018

2,556,611

NET BOOK VALUE

At 31 March 2018

2,556,611

At 31 March 2017

2,400,000

Fair value at 31 March 2018 is represented by:

£

Valuation in 2007

111,521

Valuation in 2008

(300,000

)

Valuation in 2010

345,000

Valuation in 2017

882,061

Cost

1,518,029

2,556,611

If investment property had not been revalued it would have been included at the following historical cost:

31.3.18

31.3.17

£

£

Cost

1,518,029

1,361,418

Investment property was valued on an open market basis on 31 March 2018 by the director. .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Prepayments

-

2,716

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Tax

7,996

11,501

Amounts due to related undertakings

324,993

222,190

Directors' loan accounts

3,066

2,172

Accrued expenses

751

499

336,806

236,362

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans (see note 8)

1,072,372

1,118,092

Amounts falling due in more than five years:

Repayable by instalments

Loans due after more than five years

1,072,372

1,118,092

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.18

31.3.17

£

£

Amounts falling due in more than five years:

Repayable by instalments

Loans due after more than five years

1,072,372

1,118,092

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.18

31.3.17

£

£

Bank loans

1,072,372

1,118,092

10.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

£

Deferred tax

100,050

100,050

Deferred

tax

£

Balance at 1 April 2017

100,050

Balance at 31 March 2018

100,050

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

£

1

Ordinary

£1

1

1

12.

RESERVES

Fair

value

reserve

£

At 1 April 2017

and 31 March 2018

938,532

13.	RELATED PARTY DISCLOSURES