Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01true2falseNo description of principal activity2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 5054266 2023-08-01 2024-07-31 5054266 2022-08-01 2023-07-31 5054266 2024-07-31 5054266 2023-07-31 5054266 c:Director1 2023-08-01 2024-07-31 5054266 c:Director2 2023-08-01 2024-07-31 5054266 c:RegisteredOffice 2023-08-01 2024-07-31 5054266 d:FreeholdInvestmentProperty 2024-07-31 5054266 d:FreeholdInvestmentProperty 2023-07-31 5054266 d:FreeholdInvestmentProperty 2 2023-08-01 2024-07-31 5054266 d:CurrentFinancialInstruments 2024-07-31 5054266 d:CurrentFinancialInstruments 2023-07-31 5054266 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 5054266 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 5054266 d:ShareCapital 2024-07-31 5054266 d:ShareCapital 2023-07-31 5054266 d:RetainedEarningsAccumulatedLosses 2024-07-31 5054266 d:RetainedEarningsAccumulatedLosses 2023-07-31 5054266 c:FRS102 2023-08-01 2024-07-31 5054266 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 5054266 c:FullAccounts 2023-08-01 2024-07-31 5054266 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 5054266 2 2023-08-01 2024-07-31 5054266 f:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company registration number: 5054266







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2024


ADBM PROPERTIES LIMITED






































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ADBM PROPERTIES LIMITED
 


 
COMPANY INFORMATION


Directors
A D Pope 
B M Pope 




Registered number
5054266



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

TW18 4BP




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


ADBM PROPERTIES LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4


 


ADBM PROPERTIES LIMITED
REGISTERED NUMBER:5054266



STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
850,000
750,000

  
850,000
750,000

Current assets
  

Debtors: amounts falling due within one year
 5 
659
2,567

Cash at bank and in hand
  
675,707
678,223

  
676,366
680,790

Creditors: amounts falling due within one year
 6 
(178,000)
(149,290)

Net current assets
  
 
 
498,366
 
 
531,500

Total assets less current liabilities
  
1,348,366
1,281,500

  

Net assets
  
1,348,366
1,281,500


Capital and reserves
  

Called up share capital 
  
2,002
2,002

Profit and loss account
  
1,346,364
1,279,498

  
1,348,366
1,281,500


Page 1

 


ADBM PROPERTIES LIMITED
REGISTERED NUMBER:5054266


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


A D Pope
Director

Date: 27 March 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 


ADBM PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

ADBM Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is given in the company information page of these financial statements. Due to the nature of the company there is no trading address.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Rental income is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Rental income is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the Directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 3

 


ADBM PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 August 2023
750,000


Surplus on revaluation
100,000



At 31 July 2024
850,000







5.


Debtors

2024
2023
£
£


Trade debtors
659
2,567

659
2,567



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
3,716
2,381

Other creditors
170,114
142,079

Accruals and deferred income
4,170
4,830

178,000
149,290


 
Page 4