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REGISTERED NUMBER: 02187694 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

ABBEYOAK PROPERTIES LIMITED

ABBEYOAK PROPERTIES LIMITED (REGISTERED NUMBER: 02187694)

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










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


ABBEYOAK PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTOR: Mr D N Mistry





SECRETARY: Mrs S D Mistry





REGISTERED OFFICE: 598 High Road
Wembley
Middlesex
HAO 2AF





REGISTERED NUMBER: 02187694 (England and Wales)





ACCOUNTANTS: Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ABBEYOAK PROPERTIES LIMITED


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

It is your duty to ensure that Abbeyoak 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 Abbeyoak Properties Limited. You consider that Abbeyoak 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 Abbeyoak 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.






Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH


6 December 2017

ABBEYOAK PROPERTIES LIMITED (REGISTERED NUMBER: 02187694)

BALANCE SHEET
31 MARCH 2017

31/3/17 31/3/16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 12 15
Investment property 4 660,000 660,000
660,012 660,015

CURRENT ASSETS
Cash at bank 13,491 19,088

CREDITORS
Amounts falling due within one year 5 7,277 6,239
NET CURRENT ASSETS 6,214 12,849
TOTAL ASSETS LESS CURRENT
LIABILITIES

666,226

672,864

PROVISIONS FOR LIABILITIES 6 86,578 87,698
NET ASSETS 579,648 585,166

CAPITAL AND RESERVES
Called up share capital 12,000 12,000
Retained earnings 567,648 573,166
SHAREHOLDERS' FUNDS 579,648 585,166

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.

ABBEYOAK PROPERTIES LIMITED (REGISTERED NUMBER: 02187694)

BALANCE SHEET - continued
31 MARCH 2017


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 6 December 2017 and were signed by:





Mr D N Mistry - Director


ABBEYOAK PROPERTIES LIMITED (REGISTERED NUMBER: 02187694)

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


1. STATUTORY INFORMATION

Abbeyoak 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents and fees received by the company.


Fixed asset and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at
fair value at each reporting date with changes in fair value recognised in profit or loss. Under previous UK
GAAP, investment property was valued on an open market basis.

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.

ABBEYOAK PROPERTIES LIMITED (REGISTERED NUMBER: 02187694)

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


3. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2016
and 31 March 2017 1,415
DEPRECIATION
At 1 April 2016 1,400
Charge for year 3
At 31 March 2017 1,403
NET BOOK VALUE
At 31 March 2017 12
At 31 March 2016 15

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2016
and 31 March 2017 660,000
NET BOOK VALUE
At 31 March 2017 660,000
At 31 March 2016 660,000

Fair value at 31 March 2017 is represented by:

£   
Valuation in 2014 373,536
Valuation in 2015 87,840
Valuation in 2016 60,000
Cost 138,624
660,000

The valuation for year ending 31 March 2017 was updated by the directors to the balance sheet date based on
their knowledge of the local property and rental markets.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/17 31/3/16
£    £   
Tax 5,341 4,620
Directors' current accounts 675 119
Accrued expenses 1,261 1,500
7,277 6,239

ABBEYOAK PROPERTIES LIMITED (REGISTERED NUMBER: 02187694)

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


6. PROVISIONS FOR LIABILITIES
31/3/17 31/3/16
£    £   
Deferred tax 86,578 87,698

Deferred
tax
£   
Balance at 1 April 2016 87,698
Movement (1,120 )
Balance at 31 March 2017 86,578

7. RELATED PARTY DISCLOSURES

During the year company made dividend payment of £28,000 (2016 : £10,000) to the shareholders.

8. ULTIMATE CONTROLLING PARTY

The director is the ultimate controller as he owns the majority of the issued share capital of the company.