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REGISTERED NUMBER: 12815110 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ABBOTSFIELD INVESTMENTS LIMITED

ABBOTSFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 12815110)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ABBOTSFIELD INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: M A Pepper
Mrs S Pepper





REGISTERED OFFICE: Abbotsfield House
43 High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 12815110 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

ABBOTSFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 12815110)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 82,390 110,084

CURRENT ASSETS
Debtors 5 1,000,000 -
Investments 6 5,273,614 5,526,268
Cash at bank 125,601 109,309
6,399,215 5,635,577
CREDITORS
Amounts falling due within one year 7 6,371,934 5,873,456
NET CURRENT ASSETS/(LIABILITIES) 27,281 (237,879 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

109,671

(127,795

)

CREDITORS
Amounts falling due after more than one
year

8

(78,245

)

(62,941

)

PROVISIONS FOR LIABILITIES (1,382 ) (3,511 )
NET ASSETS/(LIABILITIES) 30,044 (194,247 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 29,044 (195,247 )
SHAREHOLDERS' FUNDS 30,044 (194,247 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

ABBOTSFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 12815110)

BALANCE SHEET - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2024 and were signed on its behalf by:





M A Pepper - Director


ABBOTSFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 12815110)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Abbotsfield Investments 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

ABBOTSFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 12815110)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 113,107
DEPRECIATION
At 1 April 2023 3,023
Charge for year 27,694
At 31 March 2024 30,717
NET BOOK VALUE
At 31 March 2024 82,390
At 31 March 2023 110,084

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,000,000 -

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 5,273,614 5,526,268

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (689 ) 10,059
Taxation and social security 45 832
Other creditors 6,372,578 5,862,565
6,371,934 5,873,456

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 78,245 62,941

9. RELATED PARTY DISCLOSURES

At 31 March 2024 other creditors included loans made to the company by the directors of £6,369,555 (2023 £5,859,432). The loans are interest free and have no fixed date for repayment.

ABBOTSFIELD INVESTMENTS LIMITED (REGISTERED NUMBER: 12815110)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


10. ULTIMATE CONTROLLING PARTY

The controlling party is M A Pepper.