Associated Property (UK) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08440628

Associated Property (UK) Limited

Filleted Unaudited Financial Statements

31 March 2025

Associated Property (UK) Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Associated Property (UK) Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Investments	5		3,000,000	3,000,000

Current assets

Debtors	6	546,343	538,915
Cash at bank and in hand		157,203	222,369
		---------	---------
		703,546	761,284

Creditors: amounts falling due within one year	7	409,380		408,893
		---------		---------
Net current assets			294,166	352,391
			------------	------------
Total assets less current liabilities			3,294,166	3,352,391

Creditors: amounts falling due after more than one year	8	1,991,194	2,191,194
		------------	------------
Net assets		1,302,972	1,161,197
		------------	------------

Capital and reserves

Called up share capital		600	600
Profit and loss account	9	1,302,372	1,160,597
		------------	------------
Shareholders funds		1,302,972	1,161,197
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Associated Property (UK) Limited

Balance Sheet (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 5 December 2025 , and are signed on behalf of the board by:

Mr A Ladwa

Director

Company registration number: 08440628

Associated Property (UK) Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Kimberley House, 31 Burnt Oak Broadway, Edgware, Greater London, HA8 5LD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The rent receivable shown in the profit and loss account represents amounts receivable during the period, exclusive of Value Added Tax.

Investments

Investment properties are revalued annually to their fair value and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Investments

	Investment property
	£
Cost
At 1 April 2024 and 31 March 2025	3,000,000
	------------
Impairment
At 1 April 2024 and 31 March 2025	–
	------------

Carrying amount
At 31 March 2025	3,000,000
	------------
At 31 March 2024	3,000,000
	------------

The valuation of the company's investment property was carried out at the reporting date by the directors on an open market basis. No depreciation is provided in respect of investment properties.

The comparable historical cost of the company's investment property would be £2,818,044 (2024: £2,818,044).

6. Debtors

	2025	2024
	£	£
Other debtors	546,343	538,915
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	45,895	46,073
Social security and other taxes	10,297	10,299
Other creditors	353,188	352,521
	---------	---------
	409,380	408,893
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	1,991,194	2,191,194
	------------	------------

Other creditors comprise of shareholders loans, which are interest free and with no fixed repayment date. The directors do not foresee any amount of the loans to be repaid within 12 months of the reporting date and therefore they have been disclosed under amounts falling due after more than one year.

9. Profit and loss account

	2025	2024
	£	£
Distributable reserves	1,120,416	978,641
Fair value gains on investment property	181,956	181,956
	------------	------------
	1,302,372	1,160,597
	------------	------------