ABBOTSCROFT HOLDINGS LIMITED

Company Registration Number:
03634847 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

ABBOTSCROFT HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

ABBOTSCROFT HOLDINGS LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 1,268,525 1,268,525
Total fixed assets: 1,268,525 1,268,525
Current assets
Debtors:   2,875 15,716
Cash at bank and in hand: 111,883 85,665
Total current assets: 114,758 101,381
Creditors: amounts falling due within one year:   (213,057) (218,306)
Net current assets (liabilities): (98,299) (116,925)
Total assets less current liabilities: 1,170,226 1,151,600
Provision for liabilities: (83,602) (83,602)
Total net assets (liabilities): 1,086,624 1,067,998
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve:4572,543572,543
Profit and loss account: 513,081 494,455
Shareholders funds: 1,086,624 1,067,998

The notes form part of these financial statements

ABBOTSCROFT HOLDINGS LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 November 2024
and signed on behalf of the board by:

Name: Mr C Thorpe
Status: Director

The notes form part of these financial statements

ABBOTSCROFT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ABBOTSCROFT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

ABBOTSCROFT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 1,269,824
At 28 February 2024 1,269,824
Depreciation
At 01 March 2023 1,299
At 28 February 2024 1,299
Net book value
At 28 February 2024 1,268,525
At 28 February 2023 1,268,525

Included within the net book value of Land and Property is £1,268,525 ( 2023 (£1,268,525) in respect of Freehold land and Buildings, held as investment properties and they have been revalued. The Fair Value of the company's investment property were revalued on 28th February 2024. An independent Valuer was not involved. Valuation was done on an open market , existing use basis . Had this class of asset been measured on a historic cost basis , the the carrying amount would have been £695, 982 ( 2023 -£695,982)

ABBOTSCROFT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Revaluation reserve

2024
£
Balance at 01 March 2023 572,543
Surplus or deficit after revaluation 0
Balance at 28 February 2024 572,543

ABBOTSCROFT HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Related party transactions

Name of the related party: Mr C Thorpe
Relationship:
Director
Description of the Transaction: Directors Loan Account.
£
Balance at 01 March 2023 194,890
Balance at 28 February 2024 180,156