REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2025 |
FOR |
ASHRIDGE PROPERTY CONSULTANTS LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JANUARY 2025 |
FOR |
ASHRIDGE PROPERTY CONSULTANTS LIMITED |
ASHRIDGE PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 09977069) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 January 2025 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
ASHRIDGE PROPERTY CONSULTANTS LIMITED |
COMPANY INFORMATION |
for the Year Ended 31 January 2025 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
2 Park Court |
Pyrford Road |
West Byfleet |
Surrey |
KT14 6SD |
ASHRIDGE PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 09977069) |
STATEMENT OF FINANCIAL POSITION |
31 January 2025 |
31.1.25 | 31.1.24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Non distributable reserves | 8 | ( |
) | ( |
) |
Retained earnings |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his 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. |
The financial statements were approved by the director and authorised for issue on |
ASHRIDGE PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 09977069) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 January 2025 |
1. | STATUTORY INFORMATION |
Ashridge Property Consultants Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The statement of financial position at the year end indicates the total shareholder funds show a deficit of £321,178 (2024 - £410,335). This increase during the year relates to the revaluation of investment properties and is therefore an unrealised loss and the profits charged on letting the properties.. Furthermore creditors also includes loans from the shareholders as they will continue to support the company. The accounts have therefore been completed on the going concern basis. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Investment properties are held for long-term rental yields and are not occupied by the group. They are carried at fair value with any aggregate surplus or deficit arising from such changes are presented in the profit or loss as part of other income. |
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 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. |
ASHRIDGE PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 09977069) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 January 2025 |
2. | ACCOUNTING POLICIES - continued |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2024 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 February 2024 |
and 31 January 2025 |
DEPRECIATION |
At 1 February 2024 |
Charge for year |
At 31 January 2025 |
NET BOOK VALUE |
At 31 January 2025 |
At 31 January 2024 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 February 2024 |
Revaluations | (156,360 | ) |
At 31 January 2025 |
NET BOOK VALUE |
At 31 January 2025 |
At 31 January 2024 |
Fair value at 31 January 2025 is represented by: |
£ |
Valuation in 2020 | (513,663 | ) |
Valuation in 2021 | (100,331 | ) |
Valuation in 2022 | (420,000 | ) |
Valuation in 2023 | (599,045 | ) |
Valuation in 2024 | 117,905 |
Valuation in 2025 | (156,360 | ) |
Cost | 3,708,994 |
2,037,500 |
ASHRIDGE PROPERTY CONSULTANTS LIMITED (REGISTERED NUMBER: 09977069) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 January 2025 |
5. | INVESTMENT PROPERTY - continued |
If investment properties had not been revalued they would have been included at the following historical cost: |
31.1.25 | 31.1.24 |
£ | £ |
Cost | 3,708,994 | 3,708,994 |
Investment properties were valued on an open market basis basis on 31 January 2025 by the director . |
The market value has been based on the value for similar properties within the close vicinity of the investment properties to ensure that they are as accurate as possible. |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.25 | 31.1.24 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.25 | 31.1.24 |
£ | £ |
Taxation and social security |
Other creditors |
8. | RESERVES |
Non |
distributable |
reserves |
£ |
At 1 February 2024 | ( |
) |
Revaluation Transfers net of deferred tax provisions |
(26,367 |
) |
At 31 January 2025 | ( |
) |
9. | RELATED PARTY DISCLOSURES |
At 31 January 2025 interest free loans had been made to the company by shareholders totalling £2,727,450 (2024 - £2,849,950). No interest has been charged on this loan and it is repayable on demand. |