REGISTERED NUMBER: 14445132 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ASPLEY GROUP HOLDINGS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

9

DIRECTORS:

Mrs J Barrett

A Barrett

REGISTERED OFFICE:

North Common Farm

Woburn Road

Lidlington

Bedfordshire

MK430NN

REGISTERED NUMBER:

14445132 (England and Wales)

ACCOUNTANTS:

S R Lynn & Co

Chartered Certified Accountants

6 Partridge Lane

Bromham

Bedford

Bedfordshire

MK43 8PQ

FIXED ASSETS

Tangible assets

4

39,542

39,542

Investment property

5

17,271,805

16,791,750

17,311,347

16,831,292

CURRENT ASSETS

Debtors

6,950

57,705

Cash at bank

1,052,399

163,290

1,059,349

220,995

CREDITORS

Amounts falling due within one year

4,631,510

4,948,677

NET CURRENT LIABILITIES

(3,572,161

)

(4,727,682

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,739,186

12,103,610

CREDITORS

Amounts falling due after more than one year

6

3,650,000

2,396,489

NET ASSETS

10,089,186

9,707,121

CAPITAL AND RESERVES

Called up share capital

7

200

200

Share premium

8

9,520,676

9,520,676

Retained earnings

8

568,310

186,245

SHAREHOLDERS' FUNDS

10,089,186

9,707,121

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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 August 2025 and were signed on its behalf by:

A Barrett - Director

Mrs J Barrett - Director

1.	STATUTORY INFORMATION

Aspley Group Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, which are described above, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical judgements in applying the Company's accounting policies

The directors do not consider there to be any critical accounting judgements that must be applied.

Key accounting estimates and assumptions

The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The directors do not consider there to be any estimates or assumptions that have significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Rental income and debtors

Rental income from leases is credited to the Income Statement on a straight line basis over the term of the relevant lease.

Amounts paid and payable as an incentive to sign an operating lease are recognised as a reduction to income over the lease term on a straight line basis, unless another systematic basis is representative of the time pattern over which the lessor's benefit from the asset is diminished.

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective method, less any impairment.

Tangible fixed assets

Plant and machinery were acquired at residuals values and therefore no further write down has been applied. Residual values will be reviewed by the directors' on an annual basis.

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 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.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation

Provisions are charged as an expense to the Income Statement in the year that the company becomes aware of the obligation, and are measured at the best estimate at the Balance Sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

39,542

NET BOOK VALUE

At 31 March 2025

39,542

At 31 March 2024

39,542

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

16,791,750

Additions

480,055

At 31 March 2025

17,271,805

NET BOOK VALUE

At 31 March 2025

17,271,805

At 31 March 2024

16,791,750

Investment Properties were introduced to the company at market value. The properties were professionally valued by Sherwill Drake Forbes Chartered Surveyors on 14 January 2023.

The historical cost of the properties is £17,271,805, fair value revaluations totalled £0

(2024: £0).

At 31 March 2025, the directors' consider there to be no change in fair value.

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.3.25

31.3.24

£

£

Repayable by instalments

Bank loans more 5 yr by instal

-

1,767,369

The bank loan, a property investment loan, is secured on the properties controlled by the company.

The bank loan has a capital and interest payment holiday for 12 months. The term of the loan is 5 years.The bank loan is secured on the properties controlled by the company.

The bank loan was drawn on 28 February 2025.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

200

Ordinary

1

200

200

The company has one class of ordinary shares which carry voting rights but no right to fixed income.

On incorporation 2 Ordinary shares were allotted as fully paid at par value.

On 1 August 2023, 198 Ordinary shares were allotted as fully paid a premium of £48,084 per share.

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 April 2024

186,245

9,520,676

9,706,921

Profit for the year

382,065

-

382,065

At 31 March 2025

568,310

9,520,676

10,088,986

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Aspley Group LLP.

11.	COMMITMENTS UNDER OPERATING LEASES AS A LESSOR

At 31 March 2025, the company had future minimum lease payments receivable under non cancellable operating leases as follows:

Not later than 1 year £781,340 (2024:£736,776)

Later than 1 year and not later than 5 years £423,690 (2024: £51,170).

12.	ACQUISITION OF ASPLEY GROUP LLP

On 1 August 2023, Aspley Group Holdings Limited (the company) acquired the entire business of

Aspley Group LLP (the LLP, CRN: OC444339) in consideration for the issue of new shares in the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aspley Group Holdings Limited for the year ended 31 March 2025 which comprise the Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Aspley Group Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aspley Group Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Aspley Group Holdings Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Aspley Group Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Aspley Group Holdings Limited. You consider that Aspley Group Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Aspley Group Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

S R Lynn & Co

Chartered Certified Accountants

6 Partridge Lane

Bromham

Bedford

Bedfordshire

MK43 8PQ

29 August 2025