A. & P. H. Development Company Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 02243947 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

A. & P. H. DEVELOPMENT COMPANY LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountant

5

DIRECTORS:

Mrs P H Petriello

A Petriello

SECRETARY:

T J Petriello

REGISTERED OFFICE:

Ashwood

Chatteris Road

Somersham

Huntingdon

Cambridgeshire

PE28 3DP

REGISTERED NUMBER:

02243947 (England and Wales)

ACCOUNTANT:

HW Huntingdon Limited

2a Chequers Court

Huntingdon

PE29 3LJ

CURRENT ASSETS

Debtors

4

536,293

338,934

Investments

5

441,730

Cash at bank

86,327

341,104

1,064,350

1,121,768

CREDITORS

Amounts falling due within one year

6

66,154

78,712

NET CURRENT ASSETS

998,196

1,043,056

TOTAL ASSETS LESS CURRENT
LIABILITIES

998,196

1,043,056

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

998,096

1,042,956

SHAREHOLDERS' FUNDS

998,196

1,043,056

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 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 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 Board of Directors on 1 July 2018 and were signed on its behalf by:

Mrs P H Petriello - Director

A Petriello - Director

1.	STATUTORY INFORMATION

A. & P. H. Development Company Ltd. 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

The principal accounting policies adopted in the preparation of the financial statements are set out below and

have remained unchanged from the previous year, and have also been consistently applied within the same

accounts.

Compliance with accounting standards

These financial statements have been prepared in accordance with the provisions of Section 1A "Smaller

Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and

Republic of Ireland" and the Companies Act 2006.

There were no material departures from that standard.

Transition to FRS 102

These financial statements for the year ended 31 March 2018 are the first financial statements that comply with

FRS 102 Section 1A small entities. The date of transition is 1 April 2017.

The transition to FRS 102 Section 1A small entities has resulted in a small number of changes in accounting

policies to those used previously, however there has been no material impact on the financial statements.

First year adoption

The company has adopted FRS 102 for the first time in the year ended 31 March 2018.

The effect of the transition from the previous financial reporting framework to FRS 102 has been considered.

There has been no material impact in relation to the following:

- changes in accounting policies.

- changes in shareholders funds.

- comparative year profit or loss.

On that basis, no restatement has been undertaken.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

Other debtors

121,512

62,174

Directors' current accounts

414,304

275,853

Prepayments

477

907

536,293

338,934

5.	CURRENT ASSET INVESTMENTS

31.3.18

31.3.17

£

Unlisted investments

441,730

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

Tax

61,951

30,824

Social security and other taxes

1,098

842

Other creditors

1,875

Directors' current accounts

-

44,127

Accruals

1,230

1,044

66,154

78,712

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

100

Ordinary

£1

100

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £56,000 (2017 - £63,740) were paid to the directors .

Included in debtors is an amount owed by the director, Mrs P Petriello, of £414,142 (2017: £275,853). This loan

is interest free and repayable on demand.

Included in debtors is an amount owed by the director, Mr A Petriello, of £162 (2017: creditor owed to the

director of £44,127). This loan is interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr A & Mrs P Petriello by virtue of their shareholding in the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I 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 me.

HW Huntingdon Limited

2a Chequers Court

Huntingdon

PE29 3LJ

2 July 2018