A&M Property Construction Services Ltd
|
For the year ended 31 August 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04880446
A&M Property Construction Services Ltd
For the year ended 31 August 2014
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
A&M Property Construction Services Ltd
Accountants' Report
For the year ended 31 August 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
|
ended
31
August
2014
and you consider that the company is exempt from an audit under the Companies Act
2006
.
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In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
|
to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
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Syed & Co RA Limited
228 Durnsford Road
Wimbledon Park
London SW19 8DS
19 May 2015
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Abbreviated Balance Sheet
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A&M Property Construction Services Ltd
2014
2013
2
1,056,368
1,056,368
1,056,368
1,056,368
160,370
161,618
402
173
162,020
160,543
Creditors
:
amounts falling due within one year
|
(33,039)
(34,538)
127,504
127,482
Net current assets
Total assets less current liabilities
|
1,183,850
1,183,872
Creditors
:
amounts falling due after more than one year
|
3
(1,105,011)
(1,105,633)
78,217
Net assets
78,861
100
100
107,297
107,297
(29,180)
(28,536)
78,217
78,861
Shareholders funds
For the year ended 31 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
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2) The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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The accounts have been prepared in accordance with the micro-entity provisions. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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Date approved by the board: 18 May 2015
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Mushtaq Ahmed Spaul Director
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Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
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A&M Property Construction Services Ltd
For the year ended 31 August 2014
The financial statements are prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
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Turnover represents rents receivable.
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
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The company
'
s freehold properties are revalued in full every five years
.
Interim valuations are carried out when it is
|
likely that there has been a material change in value
.
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1,056,368
1,056,368
1,056,368
1,056,368
2013
2014
3
Creditors due after more than one year
|
1,105,633
1,105,011
Bank loans and overdrafts (secured)
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