REGISTERED NUMBER: SC350803 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

The Aberdeen Property Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

D D E Kenwright

SECRETARY:

Miss S M Douglas

REGISTERED OFFICE:

Ardene House

56-58 Bon Accord Street

ABERDEEN

AB11 6EL

REGISTERED NUMBER:

SC350803 (Scotland)

ACCOUNTANTS:

Atholl Scott

Victoria House

13 Victoria Street

ABERDEEN

AB10 1XB

FIXED ASSETS

Tangible assets

2

15,620

18,376

Investment property

3

745,000

745,000

760,620

763,376

CURRENT ASSETS

Debtors

1,953,749

1,476,933

Cash at bank

28,604

17,439

1,982,353

1,494,372

CREDITORS

Amounts falling due within one year

4

(2,285,459

)

(1,843,741

)

NET CURRENT LIABILITIES

(303,106

)

(349,369

)

TOTAL ASSETS LESS CURRENT LIABILITIES

457,514

414,007

CREDITORS

Amounts falling due after more than one year

4

(41,441

)

(71,245

)

PROVISIONS FOR LIABILITIES

(2,470

)

(3,021

)

NET ASSETS

413,603

339,741

CAPITAL AND RESERVES

Called up share capital

5

100

100

Revaluation reserve

(8,560

)

(8,560

)

Profit and loss account

422,063

348,201

SHAREHOLDERS' FUNDS

413,603

339,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 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 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 director on 5 June 2017 and were signed by:

D D E Kenwright - 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 amounts receivable for services rendered and rents

during the year, exclusive of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

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.

The property is not depreciated in accordance with the FRSSE which is a

departure from the Companies Act 2006 necessary to give a true and fair

view.

Deferred tax

The payment of taxation is deferred or accelerated because of timing

differences between the treatment of certain items for accounting and

taxation purposes. Deferred tax assets are recognised only to the extent

that they will be recovered against the reversal of deferred tax

liabilities or other future taxable profits. Full provision for deferred

taxation is made under the liability method, without discounting, on all

timing differences that have arisen, but not reversed by the balance sheet

date, unless such provision is not permitted by accounting standards.

In accordance with such standards deferred tax is not provided for:

a) revaluation gains on land and buildings, unless there is a binding

agreement to sell them at the balance sheet date; and

b) gains on the sale of non-monetary assets, if the taxable gain will

probably be rolled over.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

57,322

DEPRECIATION

At 1 December 2015

38,946

Charge for year

2,756

At 30 November 2016

41,702

NET BOOK VALUE

At 30 November 2016

15,620

At 30 November 2015

18,376

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 December 2015

and 30 November 2016

745,000

NET BOOK VALUE

At 30 November 2016

745,000

At 30 November 2015

745,000

4.

CREDITORS

Creditors include an amount of £ 70,374 (30.11.15 - £ 100,178 ) for which

security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the director in

respect of the company's annual unaudited financial statements, from which the

unaudited abbreviated accounts (set out on pages two to five) have been

prepared.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2016 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

This report is made solely to the Board of Directors of the company, as a body,

in accordance with the terms of our engagement. Our work has been undertaken

solely to prepare for your approval the financial statements of the company and

state those matters that we have agreed to state to the Board of Directors of

the company, as a body, in this report in accordance with the requirements of

the Institute of Financial Accountants. To the fullest extent permitted by law,

we do not accept or assume responsibility to anyone other than the company and

its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the company has kept adequate accounting records

and to prepare statutory accounts that give a true and fair view of the assets,

liabilities and financial position of the company. You consider that the company

is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial

statements of the company. For this reason, we have not verified the accuracy or

completeness of the accounting records or information and explanations you have

given to us and we do not, therefore, express any opinion on the statutory

financial statements.

Atholl Scott

Victoria House

13 Victoria Street

ABERDEEN

AB10 1XB

12 June 2017