REGISTERED NUMBER: 03505613 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

A AND L PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

A Penhallow

Secretary:

Mrs L F Penhallow

Registered office:

Northside House

69 Tweedy Road

Bromley

Kent

BR1 3WA

Registered number:

03505613 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

Northside House

69 Tweedy Road

Bromley

Kent

BR1 3WA

Fixed assets

Tangible assets

4

197,093

197,093

Current assets

Debtors

5

39,659

-

Investments

6

22,238

166,567

Cash at bank and in hand

11,109

12,364

73,006

178,931

Creditors

Amounts falling due within one year

7

2,176

61,816

Net current assets

70,830

117,115

Total assets less current liabilities

267,923

314,208

Capital and reserves

Called up share capital

8

100

100

Retained earnings

267,823

314,108

Shareholders' funds

267,923

314,208

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 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director on 20 December 2018 and were signed by:

A Penhallow - Director

1.	Statutory information

A and L 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

Straight line over 3 years

No depreciation is provided in respect of freehold property as the director considers that any depreciation

charge would be immaterial given the estimated length of the property's remaining useful life and its residual

value at the end of that life is not materially different from the value carried in the balance sheet.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

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.	Employees and directors

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

4.	Tangible fixed assets

Freehold

Plant and

property

machinery

Totals

£

£

£

Cost

At 1 April 2017

and 31 March 2018

197,093

499

197,592

Depreciation

At 1 April 2017

and 31 March 2018

-

499

499

Net book value

At 31 March 2018

197,093

-

197,093

At 31 March 2017

197,093

-

197,093

5.

Debtors: amounts falling due within one year

31.3.18

31.3.17

£

£

Other debtors

39,659

-

6.	Current asset investments

31.3.18

31.3.17

£

£

Listed investments

22,238

166,567

7.

Creditors: amounts falling due within one year

31.3.18

31.3.17

£

£

Taxation and social security

496

663

Other creditors

1,680

61,153

2,176

61,816

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

£

100

Ordinary

£1

100

100

9.	Ultimate controlling party

The ultimate controlling party is A Penhallow.