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REGISTERED NUMBER: 10722342 (England and Wales)















Asher Properties Limited

Unaudited Financial Statements

For The Year Ended 30 April 2025






Asher Properties Limited (Registered number: 10722342)

Contents of the Financial Statements
For The Year Ended 30 April 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Asher Properties Limited

Company Information
For The Year Ended 30 April 2025







DIRECTORS: G Dooley
Mrs J Hewson
C Hewson
Ms L J Leeks





SECRETARY:





REGISTERED OFFICE: 59 Crabbe Street
Ipswich
Suffolk
IP4 5HT





REGISTERED NUMBER: 10722342 (England and Wales)





ACCOUNTANTS: John Phillips & Co Limited
Accountants
Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL

Asher Properties Limited (Registered number: 10722342)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,578,577 4,859,933

CURRENT ASSETS
Debtors 5 230,590 64,640
Cash at bank 60,889 9,058
291,479 73,698
CREDITORS
Amounts falling due within one year 6 213,119 92,125
NET CURRENT ASSETS/(LIABILITIES) 78,360 (18,427 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,656,937

4,841,506

CREDITORS
Amounts falling due after more than one
year

7

4,570,618

5,456,932
NET ASSETS/(LIABILITIES) 86,319 (615,426 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 748,155 -
Other reserves 9 142,917 142,917
Retained earnings 9 (804,853 ) (758,443 )
SHAREHOLDERS' FUNDS 86,319 (615,426 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

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

Asher Properties Limited (Registered number: 10722342)

Balance Sheet - continued
30 April 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 6 August 2025 and were signed on its behalf by:





G Dooley - Director


Asher Properties Limited (Registered number: 10722342)

Notes to the Financial Statements
For The Year Ended 30 April 2025


1. STATUTORY INFORMATION

Asher Properties 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.

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).

Asher Properties Limited (Registered number: 10722342)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 May 2024 5,043,318 - 200,518 5,243,836
Additions - 528 12,462 12,990
Disposals (1,024,946 ) - - (1,024,946 )
Revaluations 748,155 - - 748,155
At 30 April 2025 4,766,527 528 212,980 4,980,035
DEPRECIATION
At 1 May 2024 223,851 - 160,052 383,903
Charge for year 51,428 44 12,245 63,717
Eliminated on disposal (46,162 ) - - (46,162 )
At 30 April 2025 229,117 44 172,297 401,458
NET BOOK VALUE
At 30 April 2025 4,537,410 484 40,683 4,578,577
At 30 April 2024 4,819,467 - 40,466 4,859,933

Cost or valuation at 30 April 2025 is represented by:

Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
Valuation in 2025 748,155 - - 748,155
Cost 4,018,372 528 212,980 4,231,880
4,766,527 528 212,980 4,980,035

Asher Properties Limited (Registered number: 10722342)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade debtors 2,072 14,702
Amounts owed by participating interests 10,100 10,100
Other debtors 133,000 -
Prepayments and accrued income 555 4,028
Prepayments 84,863 35,810
230,590 64,640

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade creditors 170,245 74,472
Tax - (9,551 )
Social security and other taxes 856 -
Accrued expenses 42,018 27,204
213,119 92,125

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.25 30.4.24
£    £   
Bank loans more 5 yr by instal 1,919,793 2,435,566
Amounts owed to participating interests 2,650,825 3,021,366
4,570,618 5,456,932

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,919,793 2,435,566

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.25 30.4.24
value: £    £   
100 Ordinary £1 100 100

Asher Properties Limited (Registered number: 10722342)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2025


9. RESERVES
Retained Revaluation Other
earnings reserve reserves Totals
£    £    £    £   

At 1 May 2024 (758,443 ) - 142,917 (615,526 )
Deficit for the year (46,410 ) (46,410 )
Revaluation in year - 748,155 - 748,155
At 30 April 2025 (804,853 ) 748,155 142,917 86,219