REGISTERED NUMBER: 07702213 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

All Property Development Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss A S Jones

L W Thomas

REGISTERED OFFICE:

12 United Reform Church

Bangor Road

Penmaenmawr

Conwy

LL34 6DA

REGISTERED NUMBER:

07702213 (England and Wales)

ACCOUNTANTS:

Cobham Murphy

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

4

852,105

850,000

CURRENT ASSETS

Debtors

5

300,099

278,100

Cash at bank

17,130

7,540

317,229

285,640

CREDITORS

Amounts falling due within one year

6

52,215

14,357

NET CURRENT ASSETS

265,014

271,283

TOTAL ASSETS LESS CURRENT LIABILITIES

1,117,119

1,121,283

CREDITORS

Amounts falling due after more than one year

7

(559,999

)

(591,271

)

PROVISIONS FOR LIABILITIES

(122,250

)

(122,250

)

NET ASSETS

434,870

407,762

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

434,868

407,760

434,870

407,762

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

L W Thomas - Director

1.	STATUTORY INFORMATION

All Property Development Ltd 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.	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.

Significant judgements and estimates

There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover

Turnover is measured at the fair value of the rental income, excluding discounts, rebates, value added tax and other sales taxes when rental income becomes due.

Tangible fixed assets

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

Land and buildings

-

No deprecation charged

Financial instruments

Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and 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

Land and

buildings

£

COST OR VALUATION

At 1 April 2024

850,000

Additions

2,105

At 31 March 2025

852,105

NET BOOK VALUE

At 31 March 2025

852,105

At 31 March 2024

850,000

Cost or valuation at 31 March 2025 is represented by:

Land and

buildings

£

Valuation in 2024

489,000

Valuation in 2025

2,105

Cost

361,000

852,105

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

300,099

278,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

49,515

12,557

Other creditors

2,700

1,800

52,215

14,357

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

559,999

591,271

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

559,999

591,271

8.	RELATED PARTY DISCLOSURES

Included within debtors are £300,100 due from companies which shares a director with All Property Development Ltd. The balances are interest free and repayable on demand.

9.	SECURED CREDITORS

The bank loans within creditors (£559,999) are secured against the land and buildings.