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REGISTERED NUMBER: 11616762 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST APRIL 2023 TO 31ST JULY 2024

FOR

ABBEYVALLEY LIMITED

ABBEYVALLEY LIMITED (REGISTERED NUMBER: 11616762)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1ST APRIL 2023 TO 31ST JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ABBEYVALLEY LIMITED

COMPANY INFORMATION
for the Period 1ST APRIL 2023 TO 31ST JULY 2024







DIRECTOR: M D E Bayntun





REGISTERED OFFICE: 146-148 Newington Butts
S L S
London
SE11 4RN





REGISTERED NUMBER: 11616762 (England and Wales)





ACCOUNTANTS: Underwood Barron LLP
Monks Brook House
13 - 17 Hursley Road
Chandlers Ford
Eastleigh
Hampshire
SO53 2FW

ABBEYVALLEY LIMITED (REGISTERED NUMBER: 11616762)

BALANCE SHEET
31ST JULY 2024

31.7.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,120,000 1,935,000

CURRENT ASSETS
Debtors 5 1,226,660 1,181,261
Cash at bank 3,774 402,052
1,230,434 1,583,313
CREDITORS
Amounts falling due within one year 6 209,966 190,075
NET CURRENT ASSETS 1,020,468 1,393,238
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,140,468

3,328,238

CREDITORS
Amounts falling due after more than one
year

7

(1,985,133

)

(2,359,885

)

PROVISIONS FOR LIABILITIES (157,260 ) (111,010 )
NET ASSETS 998,075 857,343

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 167,607 167,607
Retained earnings 830,368 689,636
998,075 857,343

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st July 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 director and authorised for issue on 8th April 2025 and were signed by:





M D E Bayntun - Director


ABBEYVALLEY LIMITED (REGISTERED NUMBER: 11616762)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1ST APRIL 2023 TO 31ST JULY 2024

1. STATUTORY INFORMATION

Abbeyvalley 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.

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.

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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 period was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023 1,935,000
Revaluations 185,000
At 31st July 2024 2,120,000
NET BOOK VALUE
At 31st July 2024 2,120,000
At 31st March 2023 1,935,000

ABBEYVALLEY LIMITED (REGISTERED NUMBER: 11616762)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1ST APRIL 2023 TO 31ST JULY 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31st July 2024 is represented by:
£   
Valuation in 2020 335,169
Valuation in 2021 135,000
Valuation in 2022 280,000
Valuation in 2023 (306,129 )
Valuation in 2024 185,000
Cost 1,490,960
2,120,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.7.24 31.3.23
£    £   
Cost 1,490,959 1,490,959
Aggregate depreciation (192,971 ) (153,212 )

The investment properties were valued on an open market basis basis on 31st July 2024 by the director of the company .

5. DEBTORS
31.7.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 2,328 3,512
Amounts owed by associates 4,340 -
Other debtors 11,378 1,635
18,046 5,147

Amounts falling due after more than one year:
Amounts owed by associates 1,208,614 1,176,114

Aggregate amounts 1,226,660 1,181,261

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.3.23
£    £   
Bank loans and overdrafts 17,902 17,283
Trade creditors (1 ) 227
Amounts owed to associates 9,642 9,642
Taxation and social security 69,104 85,632
Other creditors 113,319 77,291
209,966 190,075

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.3.23
£    £   
Bank loans 595,197 619,683
Amounts owed to associates 1,352,036 1,693,351
Other creditors 37,900 46,851
1,985,133 2,359,885

ABBEYVALLEY LIMITED (REGISTERED NUMBER: 11616762)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1ST APRIL 2023 TO 31ST JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.7.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 550,551
Other loans more 5yrs instal 11,139 20,147
11,139 570,698

8. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.3.23
£    £   
Bank loans 613,099 636,966

The bank borrowing is secured on the company's property portfolio.

9. RESERVES
Fair
value
reserve
£   
At 1st April 2023
and 31st July 2024 167,607