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REGISTERED NUMBER: 14486883 (England and Wales)















Unaudited Financial Statements

for the Period 15 November 2022 to 30 November 2023

for

Abbey Road Properties (Beeston) Limited

Abbey Road Properties (Beeston) Limited (Registered number: 14486883)






Contents of the Financial Statements
for the Period 15 November 2022 to 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Abbey Road Properties (Beeston) Limited

Company Information
for the Period 15 November 2022 to 30 November 2023







DIRECTORS: Mrs S Tomlinson
Mr P M Tomlinson
Miss L E Tomlinson
Mrs R S Muggridge





REGISTERED OFFICE: The Old Manor House
3 West End
Beeston
Nottinghamshire
NG9 1GL





REGISTERED NUMBER: 14486883 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Abbey Road Properties (Beeston) Limited (Registered number: 14486883)

Balance Sheet
30 November 2023

Notes £    £   
FIXED ASSETS
Investments 4 200
Investment property 5 920,000
920,200

CURRENT ASSETS
Debtors 6 459,925
Cash at bank 7,144
467,069
CREDITORS
Amounts falling due within one year 7 1,423,082
NET CURRENT LIABILITIES (956,013 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(35,813

)

CAPITAL AND RESERVES
Called up share capital 8 200
Non distributable reserve 9 (49,798 )
Retained earnings 13,785
SHAREHOLDERS' FUNDS (35,813 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by:



Mr P M Tomlinson - Director


Abbey Road Properties (Beeston) Limited (Registered number: 14486883)

Notes to the Financial Statements
for the Period 15 November 2022 to 30 November 2023

1. STATUTORY INFORMATION

Abbey Road Properties (Beeston) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover of the company relates to the rental income received on the investment properties owned.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 .

Abbey Road Properties (Beeston) Limited (Registered number: 14486883)

Notes to the Financial Statements - continued
for the Period 15 November 2022 to 30 November 2023

4. FIXED ASSET INVESTMENTS
Investment
in
subsidiary
£   
COST
Additions 200
At 30 November 2023 200
NET BOOK VALUE
At 30 November 2023 200

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,166,947
Disposals (197,149 )
Revaluations (49,798 )
At 30 November 2023 920,000
NET BOOK VALUE
At 30 November 2023 920,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2023 920,000

If investment property had not been revalued it would have been included at the following historical cost:

£   
Cost 969,798

Investment property was valued on an open market basis on 30 November 2023 by the Directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 459,724
Prepayments 201
459,925

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 102
Directors' loan accounts 1,420,280
Accruals and deferred income 2,700
1,423,082

Abbey Road Properties (Beeston) Limited (Registered number: 14486883)

Notes to the Financial Statements - continued
for the Period 15 November 2022 to 30 November 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
200 Ordinary £1 200

9. RESERVES
Non
distributable
reserve
£   
Non-distributable reserve (49,798 )

At 30 November 2023 (49,798 )

10. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided to a subsidiary company amounted to £459,724 Dr.