REGISTERED NUMBER: 03505613 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

A AND L PROPERTIES LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

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

The following reproduces the text of the report prepared for the director 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 Statement of Comprehensive Income 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 A and L Properties Limited for the year ended 31 March 2017 which comprise the Statement

of Comprehensive Income, 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 A and L Properties Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A and L Properties Limited and state those matters that we have agreed to state to the director of A and L 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 A and L Properties Limited director for our work or for this report.

It is your duty to ensure that A and L 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 A and L Properties Limited. You consider that A and L 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 A and L 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.

Haines Watts

Chartered Accountants

Northside House

69 Tweedy Road

Bromley

Kent

BR1 3WA

11 December 2017

Fixed assets

Tangible assets

4

197,093

197,093

Current assets

Investments

5

166,567

164,630

Cash at bank and in hand

12,364

23,340

178,931

187,970

Creditors

Amounts falling due within one year

6

61,816

75,302

Net current assets

117,115

112,668

Total assets less current liabilities

314,208

309,761

Capital and reserves

Called up share capital

100

100

Retained earnings

314,108

309,661

Shareholders' funds

314,208

309,761

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

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

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

The financial statements were approved by the director on 11 December 2017 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.

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 etc

-

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 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.	Employees and directors

The average number of employees during the year was 1 .

4.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 April 2016

and 31 March 2017

197,093

499

197,592

Depreciation

At 1 April 2016

and 31 March 2017

-

499

499

Net book value

At 31 March 2017

197,093

-

197,093

At 31 March 2016

197,093

-

197,093

5.	Current asset investments

31.3.17

31.3.16

£

£

Listed investments

166,567

164,630

6.

Creditors: amounts falling due within one year

31.3.17

31.3.16

£

£

Taxation and social security

663

111

Other creditors

61,153

75,191

61,816

75,302

7.	Related party disclosures

A Penhallow

Director

31.3.17

31.3.16

£

£

Amount due to related party at the balance sheet date

59,803

74,371

8.	Ultimate controlling party

The ultimate controlling party is A Penhallow.

9.	First year adoption

The Company transitioned to FRS 102 from previously being prepared under the historical cost convention and

accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015) on 1 April

2016.

Reconciliation of equity

No transitional adjustments were required.

Reconciliation of Profit or Loss for the year

No transitional adjustments were required.