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REGISTERED NUMBER: 06271599 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

AAB Property Investment Limited

AAB Property Investment Limited (Registered number: 06271599)






Contents of the Abbreviated Accounts
for the Year Ended 30 June 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

AAB Property Investment Limited

Company Information
for the Year Ended 30 June 2016







DIRECTORS: A A Barzin
M M Ali





SECRETARY: M M Ali





REGISTERED OFFICE: 94 Orchard Gate
Greenford
Middlesex
UB6 0QP





REGISTERED NUMBER: 06271599 (England and Wales)





ACCOUNTANTS: Lam & Co
Chartered Accountants
94 Orchard Gate
Greenford
Middlesex
UB6 0QP

AAB Property Investment Limited (Registered number: 06271599)

Abbreviated Balance Sheet
30 June 2016

30.6.16 30.6.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,135 1,703
Investment property 3 1,570,000 1,500,000
1,571,135 1,501,703

CURRENT ASSETS
Debtors 1,171 1,200
Cash at bank 5,527 3,868
6,698 5,068
CREDITORS
Amounts falling due within one year 27,220 30,754
NET CURRENT LIABILITIES (20,522 ) (25,686 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,550,613

1,476,017

CREDITORS
Amounts falling due after more than one
year

4

1,116,274

1,126,286
NET ASSETS 434,339 349,731

CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 553,167 483,167
Profit and loss account (118,928 ) (133,536 )
SHAREHOLDERS' FUNDS 434,339 349,731

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

AAB Property Investment Limited (Registered number: 06271599)

Abbreviated Balance Sheet - continued
30 June 2016


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 24 March 2017 and were signed on its behalf by:





A A Barzin - Director


AAB Property Investment Limited (Registered number: 06271599)

Notes to the Abbreviated Accounts
for the Year Ended 30 June 2016

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 total rent receivable, excluding value added tax, during the year.

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

Plant and machinery etc - 25% on cost

Investment property
In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), no depreciation
is provided for in respect of investment properties. Such properties are held for their investment potential and not
for their consumption within the business. This is a departure from the Companies Act 2006 which requires all
properties to be depreciated.

The director considers that this departure from the accounting requirement of Companies Act 2006 is necessary
to ensure that the financial statements show a true and fair view. Investment properties are stated at their market
value at the balance sheet date.

Deferred tax
The charge for taxation takes into account taxation deferred as a result of timing differences between the
treatment of certain items for taxation and accounting purposes, except to the extent that the effect of applying
this policy is not material to the financial statements. In general, deferred taxation is recognised in respect of
timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets
are recognised only to the extent that the directors consider that it is more likely than not that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is
measured on a non-discounted basis at the average tax rates that would apply when the timing differences are
expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.

No provision has been made for deferred tax on certain gains recognised on revaluing properties to their market
values as the company does not intend to sell the revalued assets.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2015
and 30 June 2016 4,082
DEPRECIATION
At 1 July 2015 2,379
Charge for year 568
At 30 June 2016 2,947
NET BOOK VALUE
At 30 June 2016 1,135
At 30 June 2015 1,703

AAB Property Investment Limited (Registered number: 06271599)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 June 2016

3. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 July 2015 1,500,000
Revaluations 70,000
At 30 June 2016 1,570,000
NET BOOK VALUE
At 30 June 2016 1,570,000
At 30 June 2015 1,500,000

4. CREDITORS

Creditors include an amount of £ 792,274 (30.6.15 - £ 792,286 ) for which security has been given.

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

30.6.16 30.6.15
£    £   
Repayable otherwise than by instalments 792,274 792,286

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.16 30.6.15
value: £    £   
100 Ordinary £1 100 100