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Company Registration No. 00825921 (England and Wales)
Abarbsbilt Property Co. Limited Unaudited accounts for the year ended 28 February 2025
Abarbsbilt Property Co. Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Abarbsbilt Property Co. Limited Company Information for the year ended 28 February 2025
Directors
Mrs Sarah Cartwright Mr Vincent Taylor
Company Number
00825921 (England and Wales)
Registered Office
3 Meadfoot Close Torquay Devon TQ1 1JJ England
Accountants
M A Walker & Associates Willow Ridge 1 Whitebeam Close Paignton Devon TQ3 3GA
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Abarbsbilt Property Co. Limited Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
815,523
815,523
Current assets
Cash at bank and in hand
-
12,058
Creditors: amounts falling due within one year
5
(533,002)
(559,180)
Net current liabilities
(533,002)
(547,122)
Net assets
282,521
268,401
Capital and reserves
Called up share capital
2
2
Profit and loss account
282,519
268,399
Shareholders' funds
282,521
268,401
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by
Mrs Sarah Cartwright Director Company Registration No. 00825921
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Abarbsbilt Property Co. Limited Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Abarbsbilt Property Co. Limited is a private company, limited by shares, registered in England and Wales, registration number 00825921. The registered office is 3 Meadfoot Close, Torquay, Devon, TQ1 1JJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
815,000
523
815,523
At 28 February 2025
815,000
523
815,523
Depreciation
At 28 February 2025
-
-
-
Net book value
At 28 February 2025
815,000
523
815,523
At 29 February 2024
815,000
523
815,523
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
970
920
Taxes and social security
3,312
2,053
Loans from directors
528,720
556,207
533,002
559,180
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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