REGISTERED NUMBER: 09291165 (England and Wales)

Financial Statements for the Year Ended 31 July 2024

for

ADT Property Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Roberts

Mrs J Roberts

SECRETARY:

A Roberts

REGISTERED OFFICE:

Watergate House

85 Watergate Street

Chester

Cheshire

CH1 2LF

REGISTERED NUMBER:

09291165 (England and Wales)

BANKERS:

Lloyds Bank plc

268 High Street

Bangor

Gwynedd

LL57 1RT

FIXED ASSETS

Tangible assets

4

8,699

5,075

Investments

5

412,473

354,022

Investment property

6

3,262,000

4,337,685

3,683,172

4,696,782

CURRENT ASSETS

Debtors

7

14,318

5,965

Cash at bank

677,209

428,143

691,527

434,108

CREDITORS

Amounts falling due within one year

8

156,804

121,497

NET CURRENT ASSETS

534,723

312,611

TOTAL ASSETS LESS CURRENT LIABILITIES

4,217,895

5,009,393

CREDITORS

Amounts falling due after more than one year

9

(3,670,207

)

(3,670,071

)

PROVISIONS FOR LIABILITIES

(2,175

)

(3,999

)

NET ASSETS

545,513

1,335,323

CAPITAL AND RESERVES

Called up share capital

100

100

Non- distributable reserve

10

(1,062,490

)

8,190

Retained earnings

1,607,903

1,327,033

SHAREHOLDERS' FUNDS

545,513

1,335,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:

A Roberts - Director

1.	STATUTORY INFORMATION

ADT Property Holdings 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 as modified by the revaluation of certain assets.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Integral features

-

10% on cost

Office furniture

-

15% on cost

Computer equipment

-

33.33% on reducing balance

Investment properties

Investment properties are held for long term rental returns or for capital appreciation or both. They are not occupied by the Company or its holding company.

Investment properties are measured initially at cost. After initial recognition, investment properties are remeasured to fair value at each balance sheet date with fair value gains and losses being reported in the income statement.

Fair value is based on valuations carried out by the directors considering factors such as the length of lease, average yields on similar properties, both in the Company's portfolio and in general, and the market conditions in the surrounding area. The fair value of the investment properties reflects the market conditions at the balance sheet date.

Deferred taxation is provided for on the gains and losses resulting from changes in the fair value of investment properties at rates expected to apply should the properties be disposed of.

The gain or loss attributable to investment properties, net of the related deferred tax, is transferred to a non-distributable reserve.

Investments

Investments are are included at fair value with changes recognized in the Income Statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Integral

Office

Computer

features

furniture

equipment

Totals

£

£

£

£

COST

At 1 August 2023

21,500

-

-

21,500

Additions

4,085

1,256

798

6,139

At 31 July 2024

25,585

1,256

798

27,639

DEPRECIATION

At 1 August 2023

16,425

-

-

16,425

Charge for year

2,456

16

43

2,515

At 31 July 2024

18,881

16

43

18,940

NET BOOK VALUE

At 31 July 2024

6,704

1,240

755

8,699

At 31 July 2023

5,075

-

-

5,075

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 August 2023

354,022

Additions

428,565

Disposals

(354,592

)

Revaluations

(15,522

)

At 31 July 2024

412,473

NET BOOK VALUE

At 31 July 2024

412,473

At 31 July 2023

354,022

Cost or valuation at 31 July 2024 is represented by:

Other

investments

£

Valuation in 2024

13,195

Cost

399,278

412,473

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2023

4,337,685

Revaluations

(1,075,685

)

At 31 July 2024

3,262,000

NET BOOK VALUE

At 31 July 2024

3,262,000

At 31 July 2023

4,337,685

Fair value at 31 July 2024 is represented by:

£

Valuation in 2024

(1,075,685

)

Cost

4,337,685

3,262,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

8,905

2,682

Other debtors

5,413

3,283

14,318

5,965

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,654

2,968

Taxation and social security

107,589

71,217

Other creditors

46,561

47,312

156,804

121,497

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

3,670,207

3,670,071

10.

RESERVES

Non-

distributable

reserve

£

At 1 August 2023

8,190

Transfer

(1,070,680

)

At 31 July 2024

(1,062,490

)

11.	ULTIMATE CONTROLLING PARTY