Attleborough Estates Limited - Filleted accounts

Registered number

02770197

Attleborough Estates Limited

Unaudited Filleted Accounts

31 March 2025

Attleborough Estates Limited
Registered number:		02770197
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,900,000			3,150,000

Current assets
Debtors	4	725,862			613,702
Cash at bank and in hand		7,235			46,292
		733,097			659,994

Creditors: amounts falling due within one year	5	(2,165,091)			(2,154,269)

Net current liabilities			(1,431,994)			(1,494,275)

Net assets			1,468,006			1,655,725

Capital and reserves
Called up share capital			100			100
Non distributable reserve deficit	7		(1,340,695)			(1,090,695)
Profit and loss account			2,808,601			2,746,320

Shareholders' funds			1,468,006			1,655,725

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C.N. Rayner
Director
Approved by the board on 4 December 2025

Attleborough Estates Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).


	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes and represents rent receivable.

	Tangible fixed assets
	Investment properties are not depreciated which is a departure from the Companies Act 2006 and they are revalued in accordance with FRS 102 and the resulting change shown in the profit and loss account and the net movement is subsequently transferred to a revaluation reserve.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employee number	2025		2024
Number			Number

	Average number of persons employed by the company	0		0

3	Tangible fixed assets
				Investment Property
£
	Cost/ Valuation
	At 1 April 2024			3,150,000
	Surplus on revaluation			(250,000)
	At 31 March 2025			2,900,000

	Depreciation
	At 31 March 2025			-

	Net book value
	At 31 March 2025			2,900,000
	At 31 March 2024			3,150,000


	Freehold land and buildings:	2025		2024
£			£
	Historical cost	4,240,695		7,411,650
	Cumulative depreciation based on historical cost	-		-
		4,240,695		7,411,650
	The investment properties have been valued by C N Rayner MRICS, a director, on an existing use basis.

4	Debtors	2025		2024
£			£

	Trade debtors	-		9,007
	Amounts owed by group undertakings and undertakings in which the company has a participating interest	725,862		604,695
		725,862		613,702


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Bank loans and overdrafts	2,100,000		2,100,000
	Taxation and social security costs	13,630		2,909
	Other creditors	51,461		51,360
		2,165,091		2,154,269


6	Loans	2025		2024
£			£
	Creditors include:

	Secured commercial loans	2,100,000		2,100,000

	Secured on the company's investment properties and a reciprocal arrangement with a related company Alberta Properties Limited.


7	Non distributable reserve - deficit	2025		2024
£			£

	At 1 April 2024	(1,090,695)		(1,001,650)
	Loss on revaluation of land and buildings net of disposal	(250,000)		(89,045)

	At 31 March 2025	(1,340,695)		(1,090,695)


8	Other information

	Attleborough Estates Limited is a private company limited by shares and incorporated in England. Its registered office is:
	C/O TWM Solicitors
	65 Woodbridge Road
	Guildford
	Surrey
	GU1 4RD