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REGISTERED NUMBER: 11902996 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Ambleside Property Ventures Ltd

Ambleside Property Ventures Ltd (Registered number: 11902996)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ambleside Property Ventures Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: A G Mcvey
N S Gomez





REGISTERED OFFICE: Flat 5, 8 Eaton Cressent
Bristol
BS8 2EJ





REGISTERED NUMBER: 11902996 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

Ambleside Property Ventures Ltd (Registered number: 11902996)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 688,000 689,000

CURRENT ASSETS
Cash at bank 17,689 27,309

CREDITORS
Amounts falling due within one year 5 (115,581 ) (127,889 )
NET CURRENT LIABILITIES (97,892 ) (100,580 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

590,108

588,420

CREDITORS
Amounts falling due after more than one
year

6

(368,374

)

(368,374

)
NET ASSETS 221,734 220,046

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 189,654 190,654
Retained earnings 7 31,980 29,292
SHAREHOLDERS' FUNDS 221,734 220,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Ambleside Property Ventures Ltd (Registered number: 11902996)

Balance Sheet - continued
31 March 2025


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 19 May 2025 and were signed on its behalf by:




A G Mcvey - Director



N S Gomez - Director


Ambleside Property Ventures Ltd (Registered number: 11902996)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Ambleside Property Ventures Ltd 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.

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 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 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 NIL (2024 - NIL).

Ambleside Property Ventures Ltd (Registered number: 11902996)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 April 2024 689,000
Revaluations (1,000 )
At 31 March 2025 688,000
NET BOOK VALUE
At 31 March 2025 688,000
At 31 March 2024 689,000

Included in cost or valuation of land and buildings is freehold land of £ 688,000 (2024 - £ 689,000 ) which is not depreciated.

The directors believe the properties would have an open market value of £688,000 as at 31 March 2025.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 21,017 31,137
Trade creditors 456 420
Tax 631 2,615
Other creditors 4,663 4,939
Streamline Properties Ltd 6,907 6,907
Directors' current accounts 81,157 81,157
Accruals and deferred income 750 714
115,581 127,889

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Mortgage 368,374 368,374

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 368,374 368,374

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2024 29,292 190,654 219,946
Profit for the year 2,688 2,688
Revaluation adjustment - (1,000 ) (1,000 )
At 31 March 2025 31,980 189,654 221,634