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REGISTERED NUMBER: 00786999 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Ashbank Property Co Limited

Ashbank Property Co Limited (Registered number: 00786999)

Contents of the Financial Statements

for the Year Ended 31 March 2025

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

Ashbank Property Co Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | G T Dignan

| R Dignan

| Mrs E Dignan

| Mrs I M Dignan

| SECRETARY: | G T Dignan

| REGISTERED OFFICE: | 65 Higher Hillgate

| Stockport

| Cheshire

| SK1 3HD

| REGISTERED NUMBER: | 00786999 (England and Wales)

| ACCOUNTANTS: | IN Accountancy Limited

| 2 Station View

| Bramhall Moor Lane

| Hazel Grove

| Stockport

| Cheshire

| SK7 5ER

Ashbank Property Co Limited (Registered number: 00786999)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 532 |  | 1,064 |  |

Investment property | 5 | 4,941,838 |  | 4,811,838 |  |

4,942,370 |  | 4,812,902 |  |

CURRENT ASSETS

Debtors | 6 | 169,705 |  | 85,530 |  |

Cash at bank and in hand | 1,078,049 |  | 983,081 |  |

1,247,754 |  | 1,068,611 |  |

CREDITORS

Amounts falling due within one year | 7 | 171,908 |  | 142,727 |  |

NET CURRENT ASSETS | 1,075,846 |  | 925,884 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,018,216 |  | 5,738,786 |  |

PROVISIONS FOR LIABILITIES | 944,165 |  | 911,798 |  |

NET ASSETS | 5,074,051 |  | 4,826,988 |  |

CAPITAL AND RESERVES

Called up share capital | 180 |  | 180 |  |

Retained earnings | 5,073,871 |  | 4,826,808 |  |

SHAREHOLDERS' FUNDS | 5,074,051 |  | 4,826,988 |  |

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.

Ashbank Property Co Limited (Registered number: 00786999)

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 3 September 2025 and were signed on its behalf by:

G T Dignan - Director

Ashbank Property Co Limited (Registered number: 00786999)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Ashbank Property Co 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.

| 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 £.

| 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.

| Plant and machinery etc | - | 33% on cost

| Investment property

| Investment properties are shown at their most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

Ashbank Property Co Limited (Registered number: 00786999)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 38,384 |  |

| DEPRECIATION

| At 1 April 2024 | 37,320 |  |

| Charge for year | 532 |  |

| At 31 March 2025 | 37,852 |  |

| NET BOOK VALUE

| At 31 March 2025 | 532 |  |

| At 31 March 2024 | 1,064 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 4,811,838 |  |

| Revaluations | 130,000 |  |

| At 31 March 2025 | 4,941,838 |  |

| NET BOOK VALUE

| At 31 March 2025 | 4,941,838 |  |

| At 31 March 2024 | 4,811,838 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2021 | 2,383,073 |  |

| Valuation in 2022 | 1,000,000 |  |

| Valuation in 2023 | 263,055 |  |

| Valuation in 2025 | 130,000 |  |

| Cost | 1,165,710 |  |

4,941,838 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed by associates | 95,823 |  | 15,654 |  |

| Other debtors | 73,882 |  | 69,876 |  |

169,705 |  | 85,530 |  |

Ashbank Property Co Limited (Registered number: 00786999)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 1,603 |  | 7,389 |  |

| Taxation and social security | 77,809 |  | 28,006 |  |

| Other creditors | 92,496 |  | 107,332 |  |

171,908 |  | 142,727 |  |

8. | RELATED PARTY DISCLOSURES

| The company made recharges to associated companies under common control amounting to £42,000 (2024: £33,600).

| At the year end date an amount of £68 (2024: £68) was owed by the associated companies and £95,755 (2024: £15,586) from the parent company.

9. | ULTIMATE CONTROLLING PARTY

| The company is a 100% subsidiary of Ashbank Stockport Limited. The ultimate controlling parties are the directors of Ashbank Property Co Limited, who are also directors of Ashbank Stockport Limited.