Acrestones Property Management Ltd in Ilford, IG2 6HE

Description

Data updated on: 01-11-2023

1996 marks the establishment of Acrestones Property Management Ltd, the firm located at 555-557 Cranbrook Road, in Ilford. This means it's been 28 years Acrestones Property Management has prospered in this business, as the company was started on 1996-09-02. The company's Companies House Reg No. is 03244625 and the company post code is IG2 6HE. This firm's declared SIC number is 98000 which means Residents property management. Acrestones Property Management Limited reported its latest accounts for the financial period up to 2022-03-31. The firm's most recent annual confirmation statement was submitted on 2023-07-30.

As for the business, the full extent of director's duties have so far been executed by Shafqat C. who was chosen to lead the company twenty eight years ago.

Executives who control the firm include: Shafqat C. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Shaheen C. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	507 213	522 110	524 917	541 076

Balance Sheet
Cash Bank On Hand							865 742	842 262	855 755	261 714	251 897
Current Assets	207 137	203 052				173 392	1 039 135	976 302	911 415	268 528	260 719
Debtors	207 137	203 052	205 856	204 235	173 391	173 392	173 393	134 040	55 660	6 814	8 822
Net Assets Liabilities				436 283	466 518	475 507	493 656	499 680	518 886	538 065	541 017
Other Debtors				1 592	1 592	1 592	1 592	7 242	9 926	2 000	8 822
Property Plant Equipment				1 476	19 334	14 215	9 128	4 041
Net Assets Liabilities Including Pension Asset Liability	507 213	522 110
Tangible Fixed Assets	1 780 716	1 779 816	1 776 607	1 776 311

Capital & Reserves
Called Up Share Capital	100	100	100	100
Profit Loss Account Reserve	-16 853	-1 956	851	17 010
Shareholder Funds	507 213	522 110	524 917	541 076

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment				1 144	6 263	11 382	16 469	21 556	25 597	25 597
Administrative Expenses				20 933
Average Number Employees During Period							1	1		1	1
Bank Borrowings Overdrafts				698 177	114 000	74 000	958 933	956 560	937 161	907 971	897 080
Corporation Tax Payable				4 195	3 673	3 036	5 223	2 380	5 273	4 499	693
Creditors				178 310	130 310	90 310	975 243	972 870	937 161	907 971	897 080
Fixed Assets	1 780 716	1 779 816		1 776 311	1 794 169	1 789 050	1 783 963	1 778 876	1 774 835
Increase From Depreciation Charge For Year Property Plant Equipment					5 119	5 119	5 087	5 087	4 041
Investment Property				1 774 835	1 774 835	1 774 835	1 774 835	1 774 835	1 774 835	2 362 722	2 362 722
Investment Property Fair Value Model						1 774 835	1 774 835	1 774 835	1 774 835	2 362 722
Net Current Assets Liabilities	-937 135	-982 138	-1 024 122	-1 055 372	-1 088 681	-1 115 739	-208 537	-200 765	-213 995	-811 893	-819 832
Number Shares Issued Fully Paid					100	100
Other Creditors				16 310	16 310	16 310	16 310	16 310	1 102 806	1 055 922	1 058 075
Other Creditors Including Taxation Social Security Balance Sheet Subtotal				36 082
Other Taxation Social Security Payable				31 887	31 887	31 887	31 887	31 887
Par Value Share		1	1	1	1	1
Profit Loss				16 159	30 235	8 989
Property Plant Equipment Gross Cost				2 620	25 597	25 597	25 597	25 597	25 597	25 597
Provisions For Liabilities Balance Sheet Subtotal				106 346	108 660	107 494	106 527	105 561	104 793	104 793	104 793
Taxation Including Deferred Taxation Balance Sheet Subtotal				106 346
Total Additions Including From Business Combinations Property Plant Equipment					22 977
Total Assets Less Current Liabilities	843 581	797 678	752 485	720 939	705 488	673 311	1 575 426	1 578 111	1 560 840	1 550 829	1 542 890
Trade Creditors Trade Payables				196
Trade Debtors Trade Receivables				202 643	171 799	171 800	171 801	126 798	45 734	4 814
Turnover Revenue				88 530
Creditors Due After One Year	335 110	274 310	226 310	178 310
Creditors Due Within One Year	1 144 272	1 185 190	1 229 978	1 259 607
Number Shares Allotted		100	100	100
Provisions For Liabilities Charges	1 258	1 258	1 258	1 553
Revaluation Reserve	523 966	523 966	523 966	523 966
Share Capital Allotted Called Up Paid	100	100	100	100
Tangible Fixed Assets Additions		712
Tangible Fixed Assets Cost Or Valuation	1 790 390	1 791 102
Tangible Fixed Assets Depreciation	9 674	11 286
Tangible Fixed Assets Depreciation Charged In Period		1 612