REGISTERED NUMBER: 00662253 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Ablemark Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R P Salmon

SECRETARY:

R P Salmon

REGISTERED OFFICE:

Unit A

St Andrews Court

Wellington Street

Thame

OX9 3WT

REGISTERED NUMBER:

00662253 (England and Wales)

ACCOUNTANTS:

Fizz Accounting Limited

Unit A

St Andrews Court

Wellington Street

Thame

Oxfordshire

OX9 3WT

FIXED ASSETS

Tangible assets

4

361

460

Investments

5

-

104,238

Investment property

6

855,000

1,405,000

855,361

1,509,698

CURRENT ASSETS

Debtors

1,029

1,265

Cash at bank

339,591

212,142

340,620

213,407

CREDITORS

Amounts falling due within one year

70,972

327,281

NET CURRENT ASSETS/(LIABILITIES)

269,648

(113,874

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,125,009

1,395,824

PROVISIONS FOR LIABILITIES

77,863

149,719

NET ASSETS

1,047,146

1,246,105

CAPITAL AND RESERVES

Called up share capital

251

251

Revaluation reserve

-

1,142,423

Other reserves

1,000

1,000

Fair value reserve

558,424

16,613

Retained earnings

487,471

85,818

1,047,146

1,246,105

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 10 December 2025 and were signed on its behalf by:

R P Salmon - Director

1.	STATUTORY INFORMATION

Ablemark 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

-

20% on reducing balance

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2024

and 30 June 2025

3,399

DEPRECIATION

At 1 July 2024

2,939

Charge for year

99

At 30 June 2025

3,038

NET BOOK VALUE

At 30 June 2025

361

At 30 June 2024

460

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 July 2024

104,238

Disposals

(104,238

)

At 30 June 2025

-

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

104,238

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

1,405,000

Disposals

(43,864

)

Revaluations

(506,136

)

At 30 June 2025

855,000

NET BOOK VALUE

At 30 June 2025

855,000

At 30 June 2024

1,405,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2024

636,287

Cost

218,713

855,000

If investment property had not been revalued it would have been included at the following historical cost:

30.6.25

30.6.24

£

£

Cost

218,713

262,577

Investment property was valued on an open market basis on 30 June 2025 by the directors .