Ashton Bentley Estates Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Ashton Bentley Estates Limited

Company Information

Directors

Mr R N McArdell Mr A W Leedham

Company secretary

Michelmores Secretaries Limited

Registered office

12th Floor 6 New Street Square London EC4A 3BF

Accountants

Francis Clark LLP Centenary House Peninsula Park Rydon Lane Exeter Devon EX2 7XE

Ashton Bentley Estates Limited

Balance Sheet

31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	1,526,306	1,526,306
Current assets
Debtors	5	16,066	16,066
Cash at bank and in hand		210	33
		16,276	16,099
Creditors: Amounts falling due within one year	6	(1,423,525)	(1,423,667)
Net current liabilities		(1,407,249)	(1,407,568)
Total assets less current liabilities		119,057	118,738
Provisions for liabilities		(5,200)	(5,200)
Net assets		113,857	113,538
Capital and reserves
Called up share capital	7	1	1
Profit and loss account		113,856	113,537
Shareholders' funds		113,857	113,538

Ashton Bentley Estates Limited

Balance Sheet

31 December 2024

For the financial year ending 31 December 2024 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 22 December 2025 and signed on its behalf by:

......................................... Mr R N McArdell Director

Company Registration Number: 10176582

Ashton Bentley Estates Limited

Notes to the Unaudited Financial Statements

Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
12th Floor
6 New Street Square
London
EC4A 3BF

The principal place of business is:
23, Schooner Park
Schooner Court
Crossways Business Park
Dartford
DA2 6NW

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There are no material departures from FRS 102.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of Ashton Bentley Estates Limited is considered to be pounds sterling because it is the currency of the primary economic environment in which the company operates.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Ashton Bentley Estates Limited

Notes to the Unaudited Financial Statements

Year Ended 31 December 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Rental income is recognised on a straight line basis over the life of the lease granted. Lease premiums and rent free periods are recognised on a straight line basis over the life of the lease granted.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Where buildings are rented to other group members they are not treted as investment properties and are depreciated accordingly.

Depreciation

Depreciation is charged, once an asset is in use, so as to write off the cost of assets once brought into use, other than freehold land, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold buildings	50 years straight line

Ashton Bentley Estates Limited

Notes to the Unaudited Financial Statements

Year Ended 31 December 2024

Financial instruments

Classification
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the net assets of the company.

 Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

The company holds the following financial instruments:

• Short term trade debtors and creditors; and
• Group balances

All of the financial instruments of the company are considered to be basic financial instruments. Such instruments are initially measured at transaction price, including transaction costs. Those instruments considered current are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

The company does not employ any staff other than the directors. The directors are remunerated from another group company.

Ashton Bentley Estates Limited

Notes to the Unaudited Financial Statements

Year Ended 31 December 2024

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 January 2024	1,526,306	1,526,306
Additions	-	-
At 31 December 2024	1,526,306	1,526,306
Depreciation
Carrying amount
At 31 December 2024	1,526,306	1,526,306
At 31 December 2023	1,526,306	1,526,306

5

Debtors

	2024 £	2023 £
Other debtors	16,066	16,066
	16,066	16,066

6

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Trade creditors		64,636	82,227
Amounts due to group companies		1,308,889	1,291,440
Other creditors		50,000	50,000
		1,423,525	1,423,667

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary share of £1 each	1	1	1	1

Ashton Bentley Estates Limited

Notes to the Unaudited Financial Statements

Year Ended 31 December 2024

8	Parent and ultimate parent undertaking

The directors consider there to be no ultimate controlling party or individual.

 The company's immediate parent is Ashton Bentley Group Limited, incorporated in England and Wales.