Company registration number 15765094 (England and Wales)
ASK PROPERTY SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
ASK PROPERTY SERVICES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
ASK PROPERTY SERVICES LTD (REGISTERED NUMBER: 15765094)
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
Notes
£
£
Fixed assets
Tangible assets
3
4,367
Investment property
4
423,097
427,464
Current assets
Debtors
5
100
Cash at bank and in hand
10,363
10,463
Creditors: amounts falling due within one year
6
(439,124)
Net current liabilities
(428,661)
Net liabilities
(1,197)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(1,297)
Total equity
(1,197)

For the financial period ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 16 July 2025 and are signed on its behalf by:
Mr S Kennedy
Director
ASK PROPERTY SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Ask Property Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 4th Floor, 399-401 Strand, London, England, WC2R 0LT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future.

1.3
Turnover

Turnover represents rental income received during the period which relates to the current accounting period.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

ASK PROPERTY SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
3
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 6 June 2024
-
0
Additions
5,087
At 31 March 2025
5,087
Depreciation and impairment
At 6 June 2024
-
0
Depreciation charged in the period
720
At 31 March 2025
720
Carrying amount
At 31 March 2025
4,367
4
Investment property
2025
£
Fair value
At 6 June 2024
-
0
Additions
423,097
At 31 March 2025
423,097

Investment property comprises properties at fair value of £423,097. The fair value of the investment property has been arrived at by the directors of the company. the valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

ASK PROPERTY SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
- 4 -
5
Debtors
2025
Amounts falling due within one year:
£
Other debtors
100
6
Creditors: amounts falling due within one year
2025
£
Other creditors
439,124
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