AHC Asset Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06959906 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

AHC Asset Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Clarke Esq

Ms G A Howells-Clarke

T Arpino Esq

REGISTERED OFFICE:

72 Ealing Village

LONDON

W5 2NB

REGISTERED NUMBER:

06959906 (England and Wales)

ACCOUNTANTS:

Coussens, Chartered Accountants

Chimneys

Boughton Hall Avenue

Send

Woking

Surrey

GU23 7DD

FIXED ASSETS

Tangible assets

4

2,091,302

CURRENT ASSETS

Debtors

5

15,239

19,152

Cash at bank

1,434

672

16,673

19,824

CREDITORS

Amounts falling due within one year

6

(270,962

)

(261,287

)

NET CURRENT LIABILITIES

(254,289

)

(241,463

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,837,013

1,849,839

CREDITORS

Amounts falling due after more than one year

7

(1,380,444

)

(1,390,422

)

NET ASSETS

456,569

459,417

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

456,469

459,317

SHAREHOLDERS' FUNDS

456,569

459,417

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 24 December 2025 and were signed on its behalf by:

T Arpino Esq - Director

1.	STATUTORY INFORMATION

AHC Asset Management 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.

Turnover

Turnover represents rents receivable from residential property.

Tangible fixed assets

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

Long leasehold

-

not provided

Plant and machinery

-

25% on cost

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 (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Long

Plant and

leasehold

machinery

Totals

£

COST

At 1 January 2024

and 31 December 2024

2,091,302

1,579

2,092,881

DEPRECIATION

At 1 January 2024

and 31 December 2024

-

1,579

NET BOOK VALUE

At 31 December 2024

2,091,302

-

2,091,302

At 31 December 2023

2,091,302

-

2,091,302

The freehold investment property is included at cost of purchase plus directly attributable expenditure. After enquiry, the directors consider that fair value remains materially equivalent to the cost plus directly attributable expenditure and therefore no further adjustment to fair value is required.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

-

2,515

Other debtors

9,715

11,113

Deposits held

5,524

15,239

19,152

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Tax

-

1

Other creditors

258,109

248,556

Directors' current accounts

7,714

7,957

Accrued expenses

5,139

4,773

270,962

261,287

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Other loans more 5yrs non-inst

1,380,444

1,390,422

31.12.24

31.12.23

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

1,380,444

1,390,422

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

100

Ordinary

1

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

459,317

Deficit for the year

(2,848

)

At 31 December 2024

456,469