ALI & SONS PROPERTIES LIMITED

ALI & SONS PROPERTIES LIMITED

ALI & SONS PROPERTIES LIMITED - Company Information

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ALI & SONS PROPERTIES LIMITED

Company Registration Number:
SC287381 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2018

Period of accounts

Start date: 01 July 2017

End date: 30 June 2018

ALI & SONS PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2018

Balance sheet
Notes

ALI & SONS PROPERTIES LIMITED

Balance sheet

As at 30 June 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 2 568,576 580,203
Total fixed assets: 568,576 580,203
Current assets
Debtors:   53,102 56,102
Cash at bank and in hand: 43 135
Total current assets: 53,145 56,237
Creditors: amounts falling due within one year:   (8,534) (19,411)
Net current assets (liabilities): 44,611 36,826
Total assets less current liabilities: 613,187 617,029
Creditors: amounts falling due after more than one year:   (272,681) (287,789)
Total net assets (liabilities): 340,506 329,240
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve:3219,811219,811
Profit and loss account: 119,695 108,429
Shareholders funds: 340,506 329,240

The notes form part of these financial statements

ALI & SONS PROPERTIES LIMITED

Balance sheet statements

For the year ending 30 June 2018 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 01 February 2019
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 2018

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 2018

2. Tangible Assets

Total
Cost £
At 01 July 2017 580,414
At 30 June 2018 580,414
Depreciation
At 01 July 2017 211
Charge for year 11,627
At 30 June 2018 11,838
Net book value
At 30 June 2018 568,576
At 30 June 2017 580,203

ALI & SONS PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

3. Revaluation reserve

2018
£
Balance at 01 July 2017 219,811
Surplus or deficit after revaluation 0
Balance at 30 June 2018 219,811