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REGISTERED NUMBER: 09463974 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 March 2025 |

| for |

| ABBYWELL PROPERTIES LIMITED |

ABBYWELL PROPERTIES LIMITED (REGISTERED NUMBER: 09463974)

Contents of the Financial Statements

FOR THE YEAR ENDED 30 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

ABBYWELL PROPERTIES LIMITED

Company Information

FOR THE YEAR ENDED 30 MARCH 2025

| DIRECTOR: | R E Johnson

| REGISTERED OFFICE: | 45 High Street

| Bluetown

| Sheerness

| Kent

| ME12 1RN

| REGISTERED NUMBER: | 09463974 (England and Wales)

| ACCOUNTANTS: | Friend & Grant Ltd

| Bryant House

| Bryant Road

| Strood

| Rochester

| Kent

| ME2 3EW

ABBYWELL PROPERTIES LIMITED (REGISTERED NUMBER: 09463974)

Balance Sheet

30 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 409 |  | - |  |

Investments | 6 | 150 |  | 150 |  |

Investment property | 7 | 1,560,000 |  | 1,560,000 |  |

1,560,559 |  | 1,560,150 |  |

CURRENT ASSETS

Debtors | 8 | 229,871 |  | 205,022 |  |

Cash at bank | 8,321 |  | 15,362 |  |

238,192 |  | 220,384 |  |

CREDITORS

Amounts falling due within one year | 9 | 14,233 |  | 13,191 |  |

NET CURRENT ASSETS | 223,959 |  | 207,193 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,784,518 |  | 1,767,343 |  |

CREDITORS

Amounts falling due after more than one year | 10 | (1,126,090 | ) | (1,100,950 | ) |

PROVISIONS FOR LIABILITIES | (136,198 | ) | (137,264 | ) |

NET ASSETS | 522,230 |  | 529,129 |  |

CAPITAL AND RESERVES

Called up share capital | 10 |  | 10 |  |

Non distributable reserve | 12 | 427,346 |  | 427,346 |  |

Retained earnings | 12 | 94,874 |  | 101,773 |  |

SHAREHOLDERS' FUNDS | 522,230 |  | 529,129 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 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.

ABBYWELL PROPERTIES LIMITED (REGISTERED NUMBER: 09463974)

Balance Sheet - continued

30 MARCH 2025

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 28 November 2025 and were signed by:

R E Johnson - Director

ABBYWELL PROPERTIES LIMITED (REGISTERED NUMBER: 09463974)

Notes to the Financial Statements

FOR THE YEAR ENDED 30 MARCH 2025

1. | STATUTORY INFORMATION

| Abbywell 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. | STATEMENT OF COMPLIANCE

| 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 Section 1A, and the Companies Act 2006. There are no material departures from FRS 102.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Going concern

| No material uncertainties that may cast doubt about the ability of the company to continue as a going concern have been identified by the director.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.The policies adopted for the recognition of turnover are as following:

| - Rents receivable

| Turnover represents rents receivable.

| - Rendering of services

| Turnover is usually recognised based on the period of occupancy of each property,

| - Interest receivable

| Interest income is recognised using the effective interest method.

| Tangible fixed assets

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

| 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.

| Investment property is included at fair value. Valuations are carried out annually by the directors based on:

| - how the market could be expected to price the asset

| - measuring the risk return factors inherent in the asset

| Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided in respect of investment properties.

ABBYWELL PROPERTIES LIMITED (REGISTERED NUMBER: 09463974)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 30 MARCH 2025

3. | ACCOUNTING POLICIES - continued

| 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 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

5. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| Additions | 817 |  |

| At 30 March 2025 | 817 |  |

| DEPRECIATION

| Charge for year | 408 |  |

| At 30 March 2025 | 408 |  |

| NET BOOK VALUE

| At 30 March 2025 | 409 |  |

6. | FIXED ASSET INVESTMENTS

| Other

| investment

£ |

| COST

| At 31 March 2024

| and 30 March 2025 | 150 |  |

| NET BOOK VALUE

| At 30 March 2025 | 150 |  |

| At 30 March 2024 | 150 |  |

ABBYWELL PROPERTIES LIMITED (REGISTERED NUMBER: 09463974)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 30 MARCH 2025

7. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 31 March 2024

| and 30 March 2025 | 1,560,000 |  |

| NET BOOK VALUE

| At 30 March 2025 | 1,560,000 |  |

| At 30 March 2024 | 1,560,000 |  |

| The property valuation has been reviewed by the director at £1,560,000 (2024- £1,560,000). The historic cost of the properties are £995,390.

| Fair value at 30 March 2025 is represented by:

£ |

| Valuation in 2025 | 1,560,000 |  |

8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 229,871 |  | 205,022 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 4,265 |  | 6,062 |  |

| Taxation and social security | 6,397 |  | 4,007 |  |

| Other creditors | 3,571 |  | 3,122 |  |

14,233 |  | 13,191 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 1,117,556 |  | 1,098,644 |  |

| Other creditors | 8,534 |  | 2,306 |  |

1,126,090 |  | 1,100,950 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 1,104,056 |  | 650,366 |  |

ABBYWELL PROPERTIES LIMITED (REGISTERED NUMBER: 09463974)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 30 MARCH 2025

11. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 1,121,821 |  | 1,029,412 |  |

| The bank loans are secured by way of a fixed and floating charge over the investment properties or undertaking of the company.

12. | RESERVES

| Non |

| Retained |  | distributable |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 31 March 2024 | 101,773 |  | 427,346 |  | 529,119 |  |

| Deficit for the year | (6,899 | ) | - |  | (6,899 | ) |

| At 30 March 2025 | 94,874 |  | 427,346 |  | 522,220 |  |

13. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the year ended 30 March 2025 and the period ended 30 March 2024:

2025 | 2024 |

£ | £ |

| R E Johnson

| Balance outstanding at start of year | 60,661 |  | 94,496 |  |

| Amounts advanced | 65,073 |  | 80,201 |  |

| Amounts repaid | (31,523 | ) | (114,036 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 94,211 |  | 60,661 |  |

| The loan from the company to the director is unsecured and repayable on demand. Interest has been charged at the HMRC beneficial loan rate of 2.25% for the period that the outstanding loan exceeded £10,000.

14. | RELATED PARTY DISCLOSURES

| The balance owed to Abbywell Properties Limited from Deli Verd Limited, a company in which the director, Mr R Johnson, is a director of, at the year end was £96,235 (2024 - £68,330, owed from Abbywell to Deli Verd).

| The balance owed from Robian Properties Limited, a company in which the director, Mr R Johnson, is a director was £31,109 (2024 - £73.630). The loan is interest free and repayable on demand.