REGISTERED NUMBER: SC219179 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2016

for

A. & H. G. Properties Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A Gardiner

Mrs E Gardiner

SECRETARY:

Mr A Gardiner

REGISTERED OFFICE:

14 Rutland Square

Edinburgh

EH1 2BD

REGISTERED NUMBER:

SC219179 (Scotland)

ACCOUNTANTS:

Gibson McKerrell Brown LLP

Chartered Accountants

14 Rutland Square

Edinburgh

Midlothian

EH1 2BD

BANKERS:

The Royal Bank of Scotland

104 High Street

Biggar

ML12 6DH

SOLICITORS:

Morton Fraser

Quartermile Two

2 Lister Square

Edinburgh

Lothian

EH3 9GL

FIXED ASSETS

Investment property

2

605,000

308,054

CURRENT ASSETS

Debtors

5,431

1,302

Cash at bank

4,075

1,716

9,506

3,018

CREDITORS

Amounts falling due within one year

3

136,434

126,592

NET CURRENT LIABILITIES

(126,928

)

(123,574

)

TOTAL ASSETS LESS CURRENT LIABILITIES

478,072

184,480

CREDITORS

Amounts falling due after more than one year

3

130,304

21,932

NET ASSETS

347,768

162,548

CAPITAL AND RESERVES

Called up share capital

4

100

100

Revaluation reserve

171,025

-

Profit and loss account

176,643

162,448

SHAREHOLDERS' FUNDS

347,768

162,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 May 2017 and were signed on its behalf by:

Mr A Gardiner - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents the rent received for the rental of the investment property.

Investment property

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

market value is transferred to a revaluation reserve.

Deferred tax

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

balance sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 November 2015

308,054

Additions

125,921

Revaluations

171,025

At 31 October 2016

605,000

NET BOOK VALUE

At 31 October 2016

605,000

At 31 October 2015

308,054

The investment properties were purchased in January 2004, May 2005, March 2006 and June 2007 have not yet

been revalued.

3.

CREDITORS

Creditors include an amount of £ 141,227 (31.10.15 - £ 33,162 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.10.16

31.10.15

£

£

Repayable by instalments

86,611

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

100

Ordinary

£1

-

-

50

Ordinary 'A' Shares

1

50

50

50

Ordinary 'B' Shares

1

50

50

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2016 and

31 October 2015:

31.10.16

31.10.15

£

£

Mr A Gardiner

Balance outstanding at start of year

(76,247

)

(64,048

)

Amounts advanced

4,000

-

Amounts repaid

(8,540

)

(12,199

)

Balance outstanding at end of year

(80,787

)

(76,247

)