Company Registration No. 10734398 (England and Wales)
AULAKH PROPERTIES LTD
Unaudited accounts
for the year ended 30 April 2020
AULAKH PROPERTIES LTD
Unaudited accounts
Contents
AULAKH PROPERTIES LTD
Company Information
for the year ended 30 April 2020
Company Number
10734398 (England and Wales)
Registered Office
2A WERGS ROAD
WOLVERHAMPTON
WV6 8TD
UNITED KINGDOM
AULAKH PROPERTIES LTD
Statement of financial position
as at
30 April 2020
Investment property
274,500
274,500
Cash at bank and in hand
14,466
4,500
Creditors: amounts falling due within one year
(212,693)
(192,021)
Net current liabilities
(198,227)
(187,521)
Total assets less current liabilities
76,273
86,979
Creditors: amounts falling due after more than one year
(126,749)
(126,749)
Net liabilities
(50,476)
(39,770)
Profit and loss account
(50,476)
(39,770)
Shareholders' funds
(50,476)
(39,770)
For the year ending 30 April 2020 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 30 March 2021 and were signed on its behalf by
Paramjit Aulakh
Director
Company Registration No. 10734398
AULAKH PROPERTIES LTD
Notes to the Accounts
for the year ended 30 April 2020
AULAKH PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 10734398. The registered office is 2A WERGS ROAD, WOLVERHAMPTON, WV6 8TD, UNITED KINGDOM.
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.
4
Investment property
2020
Fair value at 1 May 2019
274,500
5
Creditors: amounts falling due within one year
2020
2019
Loans from directors
212,093
191,517
6
Creditors: amounts falling due after more than one year
2020
2019
Non-equity preference shares
126,749
126,749
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).