REGISTERED NUMBER: 02877899 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Ambo Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J P Ambo

REGISTERED OFFICE:

64 Churchill Road

Langley

Slough

Berkshire

SL3 7RB

REGISTERED NUMBER:

02877899 (England and Wales)

ACCOUNTANTS:

Clear Associates Limited

64 Churchill Road

Langley

Slough

Berkshire

SL3 7RB

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

99

99

Investment property

6

8,661,635

8,776,635

8,661,734

8,776,734

CURRENT ASSETS

Debtors

7

353,713

353,713

Cash at bank

439

95,883

354,152

449,596

CREDITORS

Amounts falling due within one year

8

70,470

257,547

NET CURRENT ASSETS

283,682

192,049

TOTAL ASSETS LESS CURRENT LIABILITIES

8,945,416

8,968,783

CREDITORS

Amounts falling due after more than one year

9

(3,771,729

)

(3,785,472

)

PROVISIONS FOR LIABILITIES

(894,101

)

(894,101

)

NET ASSETS

4,279,586

4,289,210

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

4,279,584

4,289,208

4,279,586

4,289,210

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 31 October 2025 and were signed by:

J P Ambo - Director

1.	STATUTORY INFORMATION

Ambo Estates 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.

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

1,705

DEPRECIATION

At 1 January 2024

and 31 December 2024

1,705

NET BOOK VALUE

At 31 December 2024

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

99

NET BOOK VALUE

At 31 December 2024

99

At 31 December 2023

99

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

8,776,635

Disposals

(115,000

)

At 31 December 2024

8,661,635

NET BOOK VALUE

At 31 December 2024

8,661,635

At 31 December 2023

8,776,635

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

4,705,793

Cost

3,955,842

8,661,635

If Investment properties had not been revalued they would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

4,070,842

4,070,842

Investment properties were valued on on a fair value basis on 31 December 2024 by James Ambo .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

353,713

353,713

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

2,949

Trade creditors

9,373

26,827

Taxation and social security

8,508

21,329

Other creditors

52,589

206,442

70,470

257,547

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

3,771,729

3,785,472

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Mortgages

1,768,300

1,782,043

Directors Loan

2,003,429

2,003,429

3,771,729

3,785,472

The mortgages and the long term loan carry a fixed charge over the investment properties.

11.	RELATED PARTY DISCLOSURES

Included in other creditors is a short term interest free loan from the director of £10,372 (2023: £22,196 )The director also made a long term loan to the company of £2,003,429 on which interest is being paid under normal market conditions. The long term loan to the company is secured against the investment property.