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Company Registration No. 10596496 (England and Wales)
ASCOB PROPERTIES LIMITED Final accounts for the year ended 29 February 2024
ASCOB PROPERTIES LIMITED Final accounts Contents
Page
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ASCOB PROPERTIES LIMITED Company Information for the year ended 29 February 2024
Director
JANET COBBINAH
Company Number
10596496 (England and Wales)
Registered Office
36 Leyburn Road London N18 2BE England
Accountants
DKA Accounting Ltd. East Wing, Castle House Dawson Road Milton Keynes Buckinghamshire MK1 1QT
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ASCOB PROPERTIES LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,267 
1,689 
Investment property
861,005 
861,005 
862,272 
862,694 
Current assets
Cash at bank and in hand
1,368 
1,368 
Creditors: amounts falling due within one year
(120,540)
(140,409)
Net current liabilities
(119,172)
(139,041)
Total assets less current liabilities
743,100 
723,653 
Creditors: amounts falling due after more than one year
(749,888)
(752,884)
Net liabilities
(6,788)
(29,231)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(6,789)
(29,232)
Shareholders' funds
(6,788)
(29,231)
For the year ending 29 February 2024 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 her 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 28 November 2024 and were signed on its behalf by
JANET COBBINAH Director Company Registration No. 10596496
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ASCOB PROPERTIES LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
ASCOB PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10596496. The registered office is 36 Leyburn Road, London, N18 2BE, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2023
2,252 
At 29 February 2024
2,252 
Depreciation
At 1 March 2023
563 
Charge for the year
422 
At 29 February 2024
985 
Net book value
At 29 February 2024
1,267 
At 28 February 2023
1,689 
5
Investment property
2024 
£ 
Fair value at 1 March 2023
861,005 
At 29 February 2024
861,005 
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ASCOB PROPERTIES LIMITED Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
120,540 
139,809 
Accruals
- 
600 
120,540 
140,409 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
749,888 
752,884 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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