REGISTERED NUMBER: 06355321 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2018

for

A & E Properties Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E D Lewin

Mrs A H Lewin

SECRETARY:

Mrs A H Lewin

REGISTERED OFFICE:

61 Rodney Street

Liverpool

Merseyside

L1 9ER

REGISTERED NUMBER:

06355321 (England and Wales)

ACCOUNTANTS:

Alexander Myerson & Co Limited

Alexander House

61 Rodney Street

Liverpool

Merseyside

L1 9ER

FIXED ASSETS

Investment property

3

-

241,050

CURRENT ASSETS

Cash at bank

1,009

33,189

CREDITORS

Amounts falling due within one year

907

296,896

NET CURRENT ASSETS/(LIABILITIES)

102

(263,707

)

TOTAL ASSETS LESS CURRENT LIABILITIES

102

(22,657

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Retained earnings

2

(22,757

)

SHAREHOLDERS' FUNDS

102

(22,657

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 February 2019 and were signed on its behalf by:

E D Lewin - Director

1.	STATUTORY INFORMATION

A & E Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents rents received.

Investment property

Investment property is shown at cost, which the directors consider to be the fair value. Any aggregate surplus or

deficit from changes in fair value is recognised on 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.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2017

241,050

Disposals

(241,050

)

At 31 August 2018

-

NET BOOK VALUE

At 31 August 2018

-

At 31 August 2017

241,050

Investment property is valued by the directors, Mr & Mrs Lewin, based on current values of similar properties.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.18

31.8.17

value:

£

£

100

Ordinary

£1

100

100