Registered number |
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TEMPLETONS ( UK ) LIMITED |
CHARTERED ACCOUNTANTS |
309 HOE STREET |
WALTHAMSTOW |
LONDON E17 9BG |
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Registered number: |
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Balance Sheet | |||||||
as at |
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Restated | |||||||
Notes | 2019 | 2018 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 2 |
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Current assets | |||||||
Stocks |
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Debtors | 3 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 | ( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 5 | ( |
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Provisions for liabilities | ( |
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Net assets |
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Capital and reserves | |||||||
Called up share capital |
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Revaluation reserve | 6 |
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Profit and loss account |
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Shareholder's funds |
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Asaf Hussain | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
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Turnover | ||||||||
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Tangible fixed assets | ||||||||
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Plant and machinery and other | 15% Reducing balance | |||||||
Motor Vehicle | 25% Reducing balance | |||||||
Investment Properties | ||||||||
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Stocks | ||||||||
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Debtors | ||||||||
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Creditors | ||||||||
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Taxation | ||||||||
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Provisions | ||||||||
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Leased assets | ||||||||
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Pensions | ||||||||
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2 | Tangible fixed assets | |||||||
Land and buildings | Plant and machinery etc | Motor vehicles | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 1 April 2018 |
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At 31 March 2019 |
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Depreciation | ||||||||
At 1 April 2018 | - |
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Charge for the year | - |
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At 31 March 2019 | - |
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Net book value | ||||||||
At 31 March 2019 |
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At 31 March 2018 |
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3 | Debtors | 2019 | 2018 | |||||
£ | £ | |||||||
Amounts owed by aasociated companies |
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Other debtors |
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Other debtors include an amount of £503,540 ( 2018: £193,036 ) for loans given to other | ||||||||
organisations on commercial terms and are repayable in full on demand. | ||||||||
4 | Creditors: amounts falling due within one year | 2019 | 2018 | |||||
£ | £ | |||||||
Amounts owed to associated companies |
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Corporation tax |
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Other taxes and social security costs |
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Other creditors |
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5 | Creditors: amounts falling due after one year | 2019 | 2018 | |||||
£ | £ | |||||||
Bank loans |
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Bank loans and overdraft are secured by a debenture incorporating a fixed and floating charge | ||||||||
over the assets of the company, legal charge over the properties and general letter of pledge | ||||||||
given by the director. | ||||||||
6 | Revaluation reserve | 2019 | 2018 | |||||
£ | £ | |||||||
At 1 April 2018 |
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Disposal on revaluation of land and buildings | - | ( |
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At 31 March 2019 |
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This related to the gain arising on the revaluation of the company's investment properties as at | ||||||||
31 March 2019, based on a valuation conducted by the director of the company based on open | ||||||||
market values. The director is not aware of any material change in value since the date of | ||||||||
valuation. | ||||||||
7 | Related party transactions | |||||||
At the year end ,the company was owed £60,533 ( 2018 - £66,605) by Providence Land Securities Limited, a company in which Mr A Hussain is a director and has a controlling interest and is included in note 3 above. At the year end, the company was owed £496,424 (2018 - £496,424) by Alstron Properties Limited, a company in which Mr A Hussain is a director and has a controlling interest and is included in note 3 above. At the year end, the company owed £286,104 (2018 - £410,014) to Alstron Limited , a company in which Mr A Hussain is a director and has a minority interest and is included in note 4 above. At the year end the balance on the directors loan account was overdrawn by £416,646 (2018 - overdrawn by £380,266) and are disclosed under other debtors in note 3 above respectively. |
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8 | Controlling party | |||||||
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9 | Other information | |||||||
ALSTRON REAL ESTATE DEVELOPMENTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
275 | ||||||||
Hoe Street | ||||||||
Walthamstow | ||||||||
London | ||||||||
E17 9PT |