Company Registration No. 04635789 (England and Wales)
ALEXANDER MILNE ESTATES LIMITED
Unaudited accounts
for the year ended 31 January 2021
ALEXANDER MILNE ESTATES LIMITED
Unaudited accounts
Contents
ALEXANDER MILNE ESTATES LIMITED
Company Information
for the year ended 31 January 2021
Directors
H R Siegle
A M Siegle
Company Number
04635789 (England and Wales)
Registered Office
ADCROFT HOUSE 15 ROATH ROAD
PORTISHEAD
BRISTOL
NORTH SOMERSET
BS20 6AW
Accountants
P B S Accounting Services Ltd
Adcroft House
15 Roath Road
Portishead
North Somerset
BS20 6AW
ALEXANDER MILNE ESTATES LIMITED
Statement of financial position
as at
31 January 2021
Investment property
745,000
745,000
Cash at bank and in hand
74,272
55,937
Creditors: amounts falling due within one year
(525,097)
(521,657)
Net current liabilities
(447,750)
(462,645)
Total assets less current liabilities
297,414
283,239
Creditors: amounts falling due after more than one year
(307,930)
(307,930)
Net liabilities
(10,516)
(24,691)
Called up share capital
6
6
Profit and loss account
(10,522)
(24,697)
Shareholders' funds
(10,516)
(24,691)
For the year ending 31 January 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 January 2022 and were signed on its behalf by
A M Siegle
Director
Company Registration No. 04635789
ALEXANDER MILNE ESTATES LIMITED
Notes to the Accounts
for the year ended 31 January 2021
ALEXANDER MILNE ESTATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04635789. The registered office is ADCROFT HOUSE 15 ROATH ROAD, PORTISHEAD, BRISTOL, NORTH SOMERSET, BS20 6AW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost and 10% on cost
Fixtures & fittings
33% on cost
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
ALEXANDER MILNE ESTATES LIMITED
Notes to the Accounts
for the year ended 31 January 2021
4
Tangible fixed assets
Total
At 1 February 2020
32,817
At 31 January 2021
32,817
At 1 February 2020
31,933
At 31 January 2021
32,653
5
Share capital
2021
2020
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
2 "A" Ordinary Shares of £1 each
2
2
6
Average number of employees
During the year the average number of employees was 1 (2020: 1).