2023-11-01 2024-10-31 false Capium Accounts Production 1.1 12010617 bus:FullAccounts 2023-11-01 2024-10-31 12010617 bus:FRS102 2023-11-01 2024-10-31 12010617 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 12010617 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12010617 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12010617 2023-11-01 2024-10-31 12010617 2024-10-31 12010617 bus:RegisteredOffice 2023-11-01 2024-10-31 12010617 core:WithinOneYear 2024-10-31 12010617 core:AfterOneYear 2024-10-31 12010617 bus:Director1 2023-11-01 2024-10-31 12010617 bus:Director1 2024-10-31 12010617 bus:Director1 2022-11-01 2023-10-31 12010617 2022-11-01 12010617 bus:LeadAgentIfApplicable 2023-11-01 2024-10-31 12010617 2022-11-01 2023-10-31 12010617 2023-10-31 12010617 core:WithinOneYear 2023-10-31 12010617 core:AfterOneYear 2023-10-31 12010617 bus:EntityAccountantsOrAuditors 2022-11-01 2023-10-31 12010617 core:InvestmentProperties 2023-11-01 2024-10-31 12010617 core:InvestmentProperties 2024-10-31 12010617 core:InvestmentProperties 2023-10-31 12010617 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-10-31 12010617 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-10-31 12010617 core:CostValuation core:Non-currentFinancialInstruments 2024-10-31 12010617 core:CostValuation core:Non-currentFinancialInstruments 2023-10-31 12010617 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-10-31 12010617 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-10-31 12010617 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-10-31 12010617 core:Non-currentFinancialInstruments 2024-10-31 12010617 core:Non-currentFinancialInstruments 2023-10-31 12010617 core:ShareCapital 2024-10-31 12010617 core:ShareCapital 2023-10-31 12010617 core:RevaluationReserve 2024-10-31 12010617 core:RevaluationReserve 2023-10-31 12010617 core:RetainedEarningsAccumulatedLosses 2024-10-31 12010617 core:RetainedEarningsAccumulatedLosses 2023-10-31 12010617 dpl:Item1 2023-11-01 12010617 dpl:Item1 2024-10-31 12010617 dpl:Item1 2022-11-01 12010617 dpl:Item1 2023-10-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 12010617
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 October 2024

for

ABBEY PROPERTY GROUP HOLDINGS LTD

Director Lewis Randall
Registered Number 12010617
Registered Office Meadowbrook
1 Low Road
Hingham
Norfolk
NR9 4NG
Accountants Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
1
Chartered Accountants' Report to the board of directors on the preparation of the unaudited statutory accounts of Abbey Property Group Holdings Ltd for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Abbey Property Group Holdings Ltd for the year ended 31 October 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of Abbey Property Group Holdings Ltd , as a body, in accordance with the terms of our engagement letter dated 29 November 2024. Our work has been undertaken solely to prepare for your approval the accounts of Abbey Property Group Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of Abbey Property Group Holdings Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Abbey Property Group Holdings Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Abbey Property Group Holdings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Abbey Property Group Holdings Ltd . You consider that Abbey Property Group Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Abbey Property Group Holdings Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts



....................................................
Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
29 November 2024
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 475,000    175,000 
475,000    175,000 
Current assets      
Debtors 4 5,712    3,251 
Cash at bank and in hand 117,404    101,874 
123,116    105,125 
Creditors: amount falling due within one year 5 (544)   (7,932)
Net current assets 122,572    97,193 
 
Total assets less current liabilities 597,572    272,193 
Creditors: amount falling due after more than one year 6 (528,056)   (208,383)
Net assets 69,516    63,810 
 

Capital and reserves
     
Called up share capital 100    100 
Reserves 7 121,235    80,506 
Profit and loss account (51,819)   (16,796)
Shareholders' funds 69,516    63,810 
 


For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 29 November 2024 and were signed by:


-------------------------------
Lewis Randall
Director
3
General Information
Abbey Property Group Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 12010617, registration address Meadowbrook, 1 Low Road, Hingham, Norfolk, NR9 4NG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Preference dividends
Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in interest payable and similar charges within the income statement.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 November 2023 175,000    175,000 
Additions 300,000    300,000 
Disposals  
At 31 October 2024 475,000    475,000 
Depreciation
At 01 November 2023  
Charge for year  
On disposals  
At 31 October 2024  
Net book values
Closing balance as at 31 October 2024 475,000    475,000 
Opening balance as at 01 November 2023 175,000    175,000 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Prepayments & Accrued Income 5,712    3,251 
5,712    3,251 

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 544    7,932 
544    7,932 

6.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts (secured) 342,901    118,364 
Directors' Loan Accounts 185,155    90,019 
528,056    208,383 

7.

Reserves

2024
£
  2023
£
Revaluation Reserve b/fwd 80,506   
Revaluation of Fixed Assets 40,729    80,506 
121,235    80,506 

8.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2024
£
 2023
£
 2024
£
 2023
£
Lewis Randall(185,155)(90,019)

An amount was lent to the company by the director
4