Get A Drip Real Estate Limited

	Page
Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 13753980

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,266,944		1,003,221

			1,266,944		1,003,221
CURRENT ASSETS
Debtors	5	5,310		100
Cash at bank and in hand		213		3,577

		5,523		3,677
Creditors: Amounts Falling Due Within One Year	6	(301,227 )		(247,532 )

NET CURRENT ASSETS (LIABILITIES)			(295,704 )		(243,855 )

TOTAL ASSETS LESS CURRENT LIABILITIES			971,240		759,366

Creditors: Amounts Falling Due After More Than One Year	7		(419,582 )		(487,318 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(129,974 )		(65,738 )

NET ASSETS			421,684		206,310

CAPITAL AND RESERVES
Called up share capital	8		100		100
Revaluation reserve	9		400,332		200,845
Profit and Loss Account			21,252		5,365

SHAREHOLDERS' FUNDS			421,684		206,310

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Get A Drip Real Estate Limited

Balance Sheet (continued)

As At 31 March 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Richard Chambers

Director

18/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Get A Drip Real Estate Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13753980 . The registered office is Unit 5, Aylesford Court, Works Road, Letchworth Garden City, SG6 1LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents the value, net of value added tax, of rental income receivable. Turnover is recognised at the end of the period when rent is accrued.

2.3. Tangible Fixed Assets and Depreciation

Leasehold property is carried at fair value, derived from the current market prices for comparable properties, as determined by the director. The director uses observable market prices, adjusted if necessary for any difference in the nature, location, or condition of the specific asset. Changes in fair value are recognised in the statement of financial activities.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost or Valuation
As at 1 April 2024	1,010,000
Revaluation	256,944

As at 31 March 2025	1,266,944

Depreciation
As at 1 April 2024	6,779
On revaluations	(6,779 )

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1,266,944

As at 1 April 2024	1,003,221

The most recent valuation was undertaken by the director on 28th of March 2025 . The director considers that the valuation reflects the fair value of the property at that date, based on market evidence of similar leasehold properties in the local area.

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	5,310	100

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Get A Drip Real Estate Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	240
Bank loans and overdrafts	57,684	-
Corporation tax	-	2
VAT	6,518	2,165
Accruals and deferred income	4,500	1,500
Amounts owed to group undertakings	232,525	243,625

	301,227	247,532

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	419,582	487,318

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	200,845
Surplus on revaluation	199,487

As at 31 March 2025	400,332

10. Related Party Transactions

The company has taken advantage of the exemption as per paragraph 33.1A of FRS 102 Related Party Disclosures, not to disclose related party transactions with subsidiary undertakings

As at the balance sheet date, Get A Drip Real Estate Limited owed to the parent company Get A Drip Limited £235,525 (2024 - £243,625). Get A Drip Real Estate Limited is owed by fellow subsidiaries £5,310 (2024 - £100l)

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