REGISTERED NUMBER: 06959906 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

AHC Asset Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Clarke Esq

Ms G A Howells-Clarke

T Arpino Esq

REGISTERED OFFICE:

72 Ealing Village

LONDON

W5 2NB

REGISTERED NUMBER:

06959906 (England and Wales)

ACCOUNTANTS:

Coussens, Chartered Accountants

Chimneys

Boughton Hall Avenue

Send

Woking

Surrey

GU23 7DD

FIXED ASSETS

Tangible assets

3

2,092,602

2,092,642

CURRENT ASSETS

Debtors

4

10,186

7,248

Cash at bank

96

-

10,282

7,248

CREDITORS

Amounts falling due within one year

5

(214,166

)

(203,492

)

NET CURRENT LIABILITIES

(203,884

)

(196,244

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,888,718

1,896,398

CREDITORS

Amounts falling due after more than one year

6

(1,726,998

)

(1,792,780

)

NET ASSETS

161,720

103,618

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

161,620

103,518

SHAREHOLDERS' FUNDS

161,720

103,618

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 Board of Directors on 29 September 2017 and were signed on its behalf by:

T Arpino Esq - Director

1.	STATUTORY INFORMATION

AHC Asset Management 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 represents rents receivable from residential property.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

not provided

Plant and machinery

-

25% on cost

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.	TANGIBLE FIXED ASSETS

Long

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 January 2016

2,091,302

1,468

2,092,770

Additions

-

111

111

At 31 December 2016

2,091,302

1,579

2,092,881

DEPRECIATION

At 1 January 2016

-

128

128

Charge for year

-

151

151

At 31 December 2016

-

279

279

NET BOOK VALUE

At 31 December 2016

2,091,302

1,300

2,092,602

At 31 December 2015

2,091,302

1,340

2,092,642

The leasehold property is included in these accounts at cost and not at market value as required by Statement of

Standard Accounting Practice No. 19. The directors consider that the difference between cost and market value

is not material and an independent valuation is therefore not required.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Other debtors

4,278

1,340

Deposits held

5,908

5,908

10,186

7,248

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Bank loans and overdrafts

-

3

Tax

14,536

13,760

Other creditors

192,341

185,668

Directors' current accounts

4,913

3,340

Accrued expenses

2,376

721

214,166

203,492

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.16

31.12.15

£

£

Other loans more 5yrs non-inst

1,726,998

1,792,780

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

1,726,998

1,792,780