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REGISTERED NUMBER: 06003349 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Ashbourne Property Developments Limited

Ashbourne Property Developments Limited (Registered number: 06003349)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Ashbourne Property Developments Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: J Lewis
C Lewis





SECRETARY: J Lewis





REGISTERED OFFICE: 1 Stanyards Courtyard
Stanyards Farm
Chertsey Road
Chobham
Surrey
GU24 8JE





REGISTERED NUMBER: 06003349 (England and Wales)





ACCOUNTANTS: Ahmad York Limited
Chartered Certified Accountants
1 Stanyards Courtyard
Stanyards Farm
Chertsey Road
Chobham
Surrey
GU24 8JE

Ashbourne Property Developments Limited (Registered number: 06003349)

Abridged Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 979 1,332

CURRENT ASSETS
Debtors 309,820 200,556
Cash at bank 103 2,950
309,923 203,506
CREDITORS
Amounts falling due within one year 285,783 172,355
NET CURRENT ASSETS 24,140 31,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,119

32,483

CREDITORS
Amounts falling due after more than one year (15,660 ) (25,780 )

PROVISIONS FOR LIABILITIES (186 ) (253 )
NET ASSETS 9,273 6,450

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9,271 6,448
SHAREHOLDERS' FUNDS 9,273 6,450

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

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

Ashbourne Property Developments Limited (Registered number: 06003349)

Abridged Statement of Financial Position - continued
30 November 2023


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:





J Lewis - Director


Ashbourne Property Developments Limited (Registered number: 06003349)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Ashbourne Property Developments 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.

Turnover
Turnover represents the sale of completed properties, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Financial instruments
The company only enters into basic financial instrument transactions in accordance with Section 11. Financial assets and liabilities are measured at cost and financial assets are assessed at the end of each reporting period for objective evidence of impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Ashbourne Property Developments Limited (Registered number: 06003349)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022 2,152
Additions 797
Disposals (1,652 )
At 30 November 2023 1,297
DEPRECIATION
At 1 December 2022 820
Charge for year 193
Eliminated on disposal (695 )
At 30 November 2023 318
NET BOOK VALUE
At 30 November 2023 979
At 30 November 2022 1,332

5. SECURED DEBTS

Close Brothers Limited holds a fixed charge, floating charges and a negative pledge over any interest and rental in regards to Columba, Ascot also holds a mortgage debenture.

Strata Residential LLP holds a fixed charge over any interest and rental in regards to Columba, Ascot.