REGISTERED NUMBER: 13178947 (England and Wales)

Aston Hall Properties Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

BR Bright

JS Bright

JR Bright

REGISTERED OFFICE:

Hallaston Farm

Sarnesfield

Weobley

Herefordshire

HR4 8RF

REGISTERED NUMBER:

13178947 (England and Wales)

ACCOUNTANTS:

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

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 Statement of Income and Retained Earnings 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 Aston Hall Properties Ltd for the year ended 31 December 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Aston Hall Properties Ltd, 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 Aston Hall Properties Ltd and state those matters that we have agreed to state to the Board of Directors of Aston Hall Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aston Hall Properties Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Aston Hall Properties Ltd 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 loss of Aston Hall Properties Ltd. You consider that Aston Hall Properties Ltd 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 Aston Hall Properties Ltd. 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.

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

30 October 2025

FIXED ASSETS

Tangible assets

4

4,378

5,473

Investment property

5

1,686,000

1,686,000

1,690,378

1,691,473

CURRENT ASSETS

Debtors

6

26,000

15,531

Cash at bank

1

821

26,001

16,352

CREDITORS

Amounts falling due within one year

7

598,186

569,682

NET CURRENT LIABILITIES

(572,185

)

(553,330

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,118,193

1,138,143

CREDITORS

Amounts falling due after more than one year

8

1,174,817

1,167,448

NET LIABILITIES

(56,624

)

(29,305

)

CAPITAL AND RESERVES

Allotted, issued and fully

paid share capital

1,000

1,000

Retained earnings

(57,624

)

(30,305

)

(56,624

)

(29,305

)

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 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

BR Bright - Director

1.	STATUTORY INFORMATION

Aston Hall Properties Ltd 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 directors are aware that the company has net liabilities. This is due to it being the early years of trading in the company. The directors are confident that the company will trade profitably in the future. The directors have confirmed that they will not withdraw their loan accounts to the detriment of other creditors.

The directors have considered the financial requirements of the company and consider that it will be able to operate within its agreed finance facilities for the next 12 months. The directors therefore consider it appropriate to prepare accounts on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for rental income earned during the period and represents amounts receivable for services provided in the normal course of business.

Rental income includes both base rent and any contingent rents (e.g. turnover rent or service charges where applicable), which are recognised when the conditions for entitlement are met and the amount can be reliably measured.

The conditions for entitlement being met and therefore revenue being recognised include:

The tenant has occupied the property or has had access to it during the rental period.

The rental period has passed or services agreed have been provided.

There are no significant uncertainties about whether the income will be collected.

The income amount can be reliably measured.

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

-

20% 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 Statement of Income and Retained Earnings, 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.

3.

EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

7,987

DEPRECIATION

At 1 January 2024

2,514

Charge for year

1,095

At 31 December 2024

3,609

NET BOOK VALUE

At 31 December 2024

4,378

At 31 December 2023

5,473

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,686,000

NET BOOK VALUE

At 31 December 2024

1,686,000

At 31 December 2023

1,686,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2022

(44,770

)

Valuation in 2022

(18,021

)

Valuation in 2023

50,000

Cost

1,698,791

1,686,000

The investment property has been revalued by the directors as at the period end.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

4,542

6,093

Deferred tax asset

14,685

6,064

Prepayments and accrued income

6,773

3,374

26,000

15,531

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

45

-

Directors' current accounts

585,813

560,737

Accruals and deferred income

12,328

8,945

598,186

569,682

Directors' current accounts are interest free and unsecured.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 9)

1,174,817

1,167,448

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

1,174,817

1,167,448

9.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

1,174,817

1,167,448

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

1,174,817

1,167,448

The bank loans are secured by the relevant properties to which they relate. The directors have also provided personal guarantees.

11.	DEFERRED TAX

£

Balance at 1 January 2024

(6,064

)

Provided during year

(8,621

)

Balance at 31 December 2024

(14,685

)