For the year ended 31 October 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05271108
Aristone (Property) Ltd
Accountants' Report
For the year ended 31 October 2015
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of Aristone
(
Property
)
Ltd for the year ended
31
October
2015
which comprise the Profit and Loss
|
Account
,
the Balance Sheet and the related notes from the company
'
s accounting records and from information
|
and explanations you have given us
.
|
As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of Aristone
(
Property
)
Ltd
,
as a body
,
in accordance with the
|
terms of our engagement letter dated
.
Our work has been undertaken solely to prepare for your approval the
|
accounts of Aristone
(
Property
)
Ltd and state those matters that we have agreed to state to the Board of Directors
|
of Aristone
(
Property
)
Ltd
,
as a body
,
in this report in accordance with the requirements of the Association of
|
Chartered Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the fullest extent
|
permitted by law
,
we do not accept or assume responsibility to anyone other than Aristone
(
Property
)
Ltd and its
|
Board of Directors as a body for our work or for this report
.
|
It is your duty to ensure that Aristone
(
Property
)
Ltd has kept adequate accounting records and to prepare statutory
|
accounts that give a true and fair view of the assets
,
liabilities
,
financial position and loss of Aristone
(
Property
)
Ltd
.
|
You consider that Aristone
(
Property
)
Ltd is exempt from the statutory audit requirement for the year
.
|
Mr J. Davis F.C.C.A.
John Davis and Co Accountants Ltd
48 The Causeway
Chippenham
Wiltshire
SN15 3DD
1 of 4
Notes to the Abbreviated Financial Statements
|
Aristone (Property) Ltd
For the year ended 31 October 2015
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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:
|
Computer Equipment
Fixtures and Fittings
No depreciation is provided on the company
'
s freehold properties since in the opinion of the directors the expected
|
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
|
would be immaterial
.
The directors undertake an annual impairment review of these properties
.
|
619,121
619,121
5,450
38
Charge for year
5,488
613,633
613,671
2015
3
Creditors
:
amounts falling due within one year
|
2014
-
4,176
Bank loans and overdrafts (secured)
3 of 4
Notes to the Abbreviated Financial Statements
|
Aristone (Property) Ltd
For the year ended 31 October 2015
2014
2015
4
Creditors due after more than one year
|
615,360
615,360
Allotted called up and fully paid
|
2015
2014
2
Ordinary shares of £
1
.
00
each
|
2
2
2
2
4 of 4