REGISTERED NUMBER: 10895646 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FABBASH PROPERTIES LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

A L Austin

D R A Fabb

REGISTERED OFFICE:

Unit 17

Stocking Fen Road

Ramsey

Cambridgeshire

PE26 2RB

REGISTERED NUMBER:

10895646 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

A L Austin

D R A Fabb

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

A L Austin - Director

4 December 2025

FIXED ASSETS

Investments

5

60

60

Investment property

6

222,908

222,908

222,968

222,968

CURRENT ASSETS

Debtors

7

4,600

26,100

Cash and cash equivalents

43,948

185

48,548

26,285

CREDITORS

Amounts falling due within one year

8

(32,547

)

(30,170

)

NET CURRENT ASSETS/(LIABILITIES)

16,001

(3,885

)

TOTAL ASSETS LESS CURRENT LIABILITIES

238,969

219,083

CAPITAL AND RESERVES

Called up share capital

9

160

160

Retained earnings

238,809

218,923

SHAREHOLDERS' FUNDS

238,969

219,083

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

A L Austin - Director

1.	STATUTORY INFORMATION

Fabbash 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 the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents rental income arising from property owned or leased by the company. Rental income is recognised on a straight-line basis over the period to which it relates, in accordance with the applicable lease agreements.

Turnover is measured at the fair value of the consideration received or receivable, excluding rebates and value added tax.

Investment property

Investment property is measured at its fair value at the balance sheet date. Gains and losses arising on revaluation are recognised in the profit and loss in the year in which they occur.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Unlisted investment

Unlisted investments are recorded at cost.

4.	EMPLOYEES AND DIRECTORS

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

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

60

NET BOOK VALUE

At 31 March 2025

60

At 31 March 2024

60

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

222,908

NET BOOK VALUE

At 31 March 2025

222,908

At 31 March 2024

222,908

The investment property is carried at fair value in accordance with FRS 102 Section 16. The director estimates the current fair value to be £220,000–£225,000, based on local market evidence. This is not materially different from the carrying amount, and therefore no adjustment has been made.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Other debtors

4,600

26,100

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade creditors

120

-

Taxation and social security

6,896

-

Other creditors

25,531

30,170

32,547

30,170

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

as restated

£

£

80

Ordinary A

£1

80

80

80

Ordinary B

£1

80

80

160

160

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, a company under common control owed the company £20,000 (2024: £24,100). The amount was unsecured, interest free and repayable on demand, and was disclosed within creditors falling due within one year.

At the balance sheet date, the directors were owed £4,870 (2024: £4,870). The amount is unsecured, interest free and repayable on demand, and is disclosed within other creditors.

At the balance sheet date, a company under common control owed the company £4,600 (2024: £26,100). The amount is unsecured, interest free and repayable on demand. The balance is disclosed as £2,100 (2024: £26,100) within accrued income and £2,500 (2024: £nil) within other debtors.

11.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by its two directors and shareholders, A L Austin and D R A Fabb, who each hold 50% of the issued share capital. Accordingly, there is no single ultimate controlling party.

12.	JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In preparing the financial statements, the directors have made judgements in determining the fair value of the investment property. Fair value has been assessed based on local market research and comparable property data. No other significant judgements or estimation uncertainties have been identified.

13.	GOING CONCERN

The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position and confirm that there are no material uncertainties that cast significant doubt over the company’s ability to continue as a going concern for at least 12 months from the date of approval of these financial statements.