REGISTERED NUMBER: 01695221 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ALSPATH PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J Tucker

SECRETARY:

Mrs B L Tucker

REGISTERED OFFICE:

Alveston House

Mill Lane

Alveston

Stratford-Upon-Avon

Warwickshire

CV37 7QL

REGISTERED NUMBER:

01695221 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

570

672

Investment property

5

2,276,820

2,276,820

2,277,390

2,277,492

CURRENT ASSETS

Debtors

6

18,240

44,230

Investments

7

274,000

274,000

Cash at bank

646,673

437,882

938,913

756,112

CREDITORS

Amounts falling due within one year

8

442,724

211,478

NET CURRENT ASSETS

496,189

544,634

TOTAL ASSETS LESS CURRENT LIABILITIES

2,773,579

2,822,126

CREDITORS

Amounts falling due after more than one year

9

-

155,500

NET ASSETS

2,773,579

2,666,626

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,773,479

2,666,526

2,773,579

2,666,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 September 2025 and were signed by:

D J Tucker - Director

1.	STATUTORY INFORMATION

Alspath 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

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.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

41,530

DEPRECIATION

At 1 January 2024

40,858

Charge for year

102

At 31 December 2024

40,960

NET BOOK VALUE

At 31 December 2024

570

At 31 December 2023

672

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

2,276,820

NET BOOK VALUE

At 31 December 2024

2,276,820

At 31 December 2023

2,276,820

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

487

-

Other debtors

-

1,169

Directors' current accounts

8,484

25,660

Tax

-

8,664

Prepayments

9,269

8,737

18,240

44,230

7.	CURRENT ASSET INVESTMENTS

2024

2023

£

£

Other Investments

274,000

274,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

14,083

14,083

Amounts owed to participating interests

378,638

122,638

Tax

12,527

-

Social security and other taxes

2,322

2,376

VAT

9,688

5,315

Other creditors

174

177

Accruals and deferred income

25,292

66,889

442,724

211,478

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors more than 1 yr

-

155,500

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

D J Tucker

Balance outstanding at start of year

25,660

29,839

Amounts advanced

34,500

50,784

Amounts repaid

(51,676

)

(54,963

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,484

25,660

The above loan was repaid in full after the balance sheet date.