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REGISTERED NUMBER: 04273658 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

ADP PROPERTY LTD

ADP PROPERTY LTD (REGISTERED NUMBER: 04273658)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADP PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 September 2024







DIRECTOR: D J M Preston





SECRETARY: D J M Preston





REGISTERED OFFICE: 17 Swan Court
Swan Street
Petersfield
Hampshire
GU32 3FD





REGISTERED NUMBER: 04273658 (England and Wales)





ACCOUNTANTS: Traviss & Co Limited
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

ADP PROPERTY LTD (REGISTERED NUMBER: 04273658)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 514 607
Investment property 5 120,000 120,000
120,514 120,607

CURRENT ASSETS
Debtors 6 75 -
Cash at bank 1,289 2,928
1,364 2,928
CREDITORS
Amounts falling due within one year 7 1,404 2,484
NET CURRENT (LIABILITIES)/ASSETS (40 ) 444
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,474

121,051

CREDITORS
Amounts falling due after more than one year 8 12,000 11,500
NET ASSETS 108,474 109,551

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 9 36,075 36,075
Retained earnings 72,397 73,474
SHAREHOLDERS' FUNDS 108,474 109,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

ADP PROPERTY LTD (REGISTERED NUMBER: 04273658)

BALANCE SHEET - continued
30 September 2024


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 25 June 2025 and were signed by:





D J M Preston - Director


ADP PROPERTY LTD (REGISTERED NUMBER: 04273658)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 September 2024


1. STATUTORY INFORMATION

ADP Property 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 represents rental income and management charges.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

No depreciation has been provided on the freehold property as it is held for investment purposes.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023 1,189
Additions 316
At 30 September 2024 1,505
DEPRECIATION
At 1 October 2023 582
Charge for year 409
At 30 September 2024 991
NET BOOK VALUE
At 30 September 2024 514
At 30 September 2023 607

ADP PROPERTY LTD (REGISTERED NUMBER: 04273658)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 September 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 120,000
NET BOOK VALUE
At 30 September 2024 120,000
At 30 September 2023 120,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2010 175,000
Valuation in 2021 (55,000 )
120,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 83,925 83,925

The investment property was valued on an open market basis on 30 September 2021 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 75 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 1,164
Other creditors 1,404 1,320
1,404 2,484

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 12,000 11,500

ADP PROPERTY LTD (REGISTERED NUMBER: 04273658)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 September 2024


9. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 36,075