REGISTERED NUMBER: 06415754 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

AAC PROPERTIES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A Christofi

Mrs A Christofi

Mr A Chrisostomou

Mrs E Chrisostomou

SECRETARY:

Mr A Christofi

REGISTERED OFFICE:

Finsbury House

New Street

Chipping Norton

Oxfordshire

OX7 5LL

REGISTERED NUMBER:

06415754 (England and Wales)

ACCOUNTANTS:

V M Murphy & Co

Finsbury House,

New Street,

Chipping Norton,

Oxfordshire

OX7 5LL

FIXED ASSETS

Tangible assets

2

1,274,035

545,423

CURRENT ASSETS

Debtors

1

95

Cash at bank

35,070

25,391

35,071

25,486

CREDITORS

Amounts falling due within one year

1,272,171

550,830

NET CURRENT LIABILITIES

(1,237,100

)

(525,344

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,935

20,079

CAPITAL AND RESERVES

Called up share capital

3

4

4

Profit and loss account

36,931

20,075

SHAREHOLDERS' FUNDS

36,935

20,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 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 26 July 2016 and were signed on its behalf by:

Mr A Christofi - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

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

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

551,011

Additions

730,408

At 30 November 2015

1,281,419

DEPRECIATION

At 1 December 2014

5,588

Charge for year

1,796

At 30 November 2015

7,384

NET BOOK VALUE

At 30 November 2015

1,274,035

At 30 November 2014

545,423

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

4

Ordinary Shares

£1.00

4

4