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REGISTERED NUMBER: 07182539 (England and Wales)












AB PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2017






AB PROPERTIES LIMITED (REGISTERED NUMBER: 07182539)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

AB PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2017







DIRECTOR: A Brayley





REGISTERED OFFICE: Clifford House, Felinfach
Swansea West Industrial Park
Fforestfach
Swansea
Glamorgan
SA5 4HF





REGISTERED NUMBER: 07182539 (England and Wales)





ACCOUNTANTS: Bevan & Buckland
Chartered Accountants
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY
Page 1
AB PROPERTIES LIMITED (REGISTERED NUMBER: 07182539)

ABRIDGED BALANCE SHEET
31 JANUARY 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Investments 3 241,154 241,154

CURRENT ASSETS
Debtors 2 13,217

CREDITORS
Amounts falling due within one year 239,912 253,175
NET CURRENT LIABILITIES (239,910 ) (239,958 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,244
1,196

CAPITAL AND RESERVES
Called up share capital 56 56
Retained earnings 1,188 1,140
SHAREHOLDERS' FUNDS 1,244 1,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 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 January 2017 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 notes form part of these financial statements

Page 2 continued...
AB PROPERTIES LIMITED (REGISTERED NUMBER: 07182539)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2017



The financial statements were approved by the director on 20 April 2017 and were signed by:





A Brayley - Director


The notes form part of these financial statements

Page 3
AB PROPERTIES LIMITED (REGISTERED NUMBER: 07182539)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017

1. STATUTORY INFORMATION

AB 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.

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.

Preparation of consolidated financial statements
The financial statements contain information about AB Properties Limited as an individual company
and do not contain consolidated financial information as the parent of a group. The company has taken
the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial
statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related
party transactions with wholly owned subsidiaries within the group.


Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation (legal and
constructive) resulting from a past event that will probably result in the transfer of funds to a third party
and the amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowing for any trade discounts
due.

Transition to frs 102
These financial statements for the year ended 31 January 2017 are the first financial statements that
comply with FRS 102 Section 1A small entities. No adjustments were made to the the opening
balances at the date of transition or the comparative year. The transition date was 1 February 2016.

Page 4 continued...
AB PROPERTIES LIMITED (REGISTERED NUMBER: 07182539)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2017

3. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 February 2016
and 31 January 2017 241,154
NET BOOK VALUE
At 31 January 2017 241,154
At 31 January 2016 241,154

4. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Other loans - 52,579

The loan is secured on the assets of the subsidiary company, AB Glass (Doors and Windows) Limited.

5. RELATED PARTY DISCLOSURES

Included in creditors is the amount £24,330 (2016 £13,215 debtor) owed to Mr A Brayley, the director
of the company.

6. ULTIMATE CONTROLLING PARTY

The controlling party is A Brayley.

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AB PROPERTIES LIMITED

The following reproduces the text of the report prepared for the director and members 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 Abridged Income
Statement and certain other primary statements and the Report of the Director are not required to be
filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of AB Properties Limited for the year ended 31 January 2017 which comprise the
Abridged Income Statement, Abridged Balance Sheet, and the related notes from the company's accounting
records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of AB Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AB Properties Limited and state those matters that we have agreed to state to the director of AB Properties Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AB Properties Limited director for our work or for this report.

It is your duty to ensure that AB Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AB Properties Limited. You consider that AB Properties Limited 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 AB Properties Limited. 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.






Bevan & Buckland
Chartered Accountants
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY


20 April 2017

This page does not form part of the statutory financial statements

Page 6