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REGISTERED NUMBER: 14758086 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

ABD Lettings Limited

| ABD Lettings Limited (Registered number: 14758086) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| ABD Lettings Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Miss L Rowland

| S Dalley

| REGISTERED OFFICE: | 5 Barnfield Crescent

| Exeter

| Devon

| PL3 5SH

| REGISTERED NUMBER: | 14758086 (England and Wales)

| ACCOUNTANTS: | Kirk Hills Business Advisors

| a trading name of RT Marke &

| Co Ltd Chartered Accountants

| 5 Barnfield Crescent

| Exeter

| Devon

| EX1 1QT

| ABD Lettings Limited (Registered number: 14758086) |

Balance Sheet

31 March 2025

31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Investment property | 4 | 408,820 |  | 201,002 |  |

CURRENT ASSETS

Cash at bank | 5,994 |  | 3,233 |  |

CREDITORS

Amounts falling due within one year | 5 | 132,155 |  | 71,763 |  |

NET CURRENT LIABILITIES | (126,161 | ) | (68,530 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 282,659 |  | 132,472 |  |

CREDITORS

Amounts falling due after more than one year | 6 | 292,444 |  | 134,960 |  |

NET LIABILITIES | (9,785 | ) | (2,488 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (9,885 | ) | (2,588 | ) |

(9,785 | ) | (2,488 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

S Dalley - Director

Miss L Rowland - Director

| ABD Lettings Limited (Registered number: 14758086) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| ABD Lettings 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.

| The Company's balance sheet shows a net liability position at the end of the financial year. The directors consider the company to be a going concern and will continue to support the company for the foreseeable future.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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.

| Financial instruments

| (i) Financial assets

| Basic financial assets, including trade and other debtors are initially recognised at the transaction price and therefore stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the debtors are stated at cost less impairment losses for bad and doubtful debts.

| Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

| (ii) Financial liabilities

| Basic financial liabilities, including trade and other creditors, bank loans and other loans are initially recognised at transaction price, unless the arrangement constitutes a financing transaction.

| Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

| 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.

| ABD Lettings Limited (Registered number: 14758086) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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 2 (2024 - 2 ) .

4. | INVESTMENT PROPERTY

Total |

| £

| FAIR VALUE

| At 1 April 2024 | 201,002 |  |

| Additions | 207,818 |  |

| At 31 March 2025 | 408,820 |  |

| NET BOOK VALUE

| At 31 March 2025 | 408,820 |  |

| At 31 March 2024 | 201,002 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

31.3.25 | 31.3.24 |

| £ | £

| Other creditors | 132,155 |  | 71,763 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

31.3.25 | 31.3.24 |

| £ | £

| Bank loans | 292,444 |  | 134,960 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 292,444 |  | 134,960 |  |

7. | SECURED DEBTS

| The following secured debts are included within creditors:

31.3.25 | 31.3.24 |

| £ | £

| Bank loans | 292,444 |  | 134,960 |  |

| The bank loan is secured by a fixed and floating charge over the company's assets.