REGISTERED NUMBER: 02214297 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

ABORA PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs J Smith

C A W Smith

REGISTERED OFFICE:

6b St. Thomas Street

Winchester

Hampshire

SO23 9HE

REGISTERED NUMBER:

02214297 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Investment property

2

2,040,000

2,220,000

CURRENT ASSETS

Debtors

5,051

2,025

Cash at bank

-

16,584

5,051

18,609

CREDITORS

Amounts falling due within one year

20,233

9,689

NET CURRENT (LIABILITIES)/ASSETS

(15,182

)

8,920

TOTAL ASSETS LESS CURRENT LIABILITIES

2,024,818

2,228,920

CREDITORS

Amounts falling due after more than one year

722,084

731,730

NET ASSETS

1,302,734

1,497,190

CAPITAL AND RESERVES

Called up share capital

3

2

2

Revaluation reserve

999,728

1,218,766

Profit and loss account

303,004

278,422

SHAREHOLDERS' FUNDS

1,302,734

1,497,190

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

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

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 11 May 2017 and were signed on its behalf by:

C A W Smith - Director

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 net invoiced sales of services, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 November 2015

2,220,000

Additions

39,038

Revaluations

(219,038

)

At 31 October 2016

2,040,000

NET BOOK VALUE

At 31 October 2016

2,040,000

At 31 October 2015

2,220,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

2

Ordinary

1.00

2

2