Shakespeare Road Property Investment Limited

Shakespeare Road Property Investment Limited Accountants' Report For the year ended 30 April 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Shakespeare Road Property Investment Limited for the year ended 30 April 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Shakespeare Road Property Investment Limited for the year ended 30 April 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Shakespeare Road Property Investment Limited , as a body, in accordance with the terms of our engagement letter dated 18 May 2023. Our work has been undertaken solely to prepare for your approval the accounts of Shakespeare Road Property Investment Limited and state those matters that we have agreed to state to the Board of Directors of Shakespeare Road Property Investment Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shakespeare Road Property Investment Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Shakespeare Road Property Investment Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Shakespeare Road Property Investment Limited . You consider that Shakespeare Road Property Investment Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Shakespeare Road Property Investment Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for 30 April 2025. Lizst Price Limited 15 Falcon Way Brackley NN13 6 PZ 19 June 2025 1

Shakespeare Road Property Investment Limited
Accountants' Report
For the year ended 30 April 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Shakespeare Road Property Investment Limited for the year ended 30 April 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Shakespeare Road Property Investment Limited for the year ended 30 April 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Shakespeare Road Property Investment Limited , as a body, in accordance with the terms of our engagement letter dated 18 May 2023. Our work has been undertaken solely to prepare for your approval the accounts of Shakespeare Road Property Investment Limited and state those matters that we have agreed to state to the Board of Directors of Shakespeare Road Property Investment Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shakespeare Road Property Investment Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Shakespeare Road Property Investment Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Shakespeare Road Property Investment Limited . You consider that Shakespeare Road Property Investment Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Shakespeare Road Property Investment Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for 30 April 2025.

Lizst Price Limited
15 Falcon Way
Brackley
NN13 6 PZ
19 June 2025

Shakespeare Road Property Investment Limited
Balance Sheet
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,786,833	1,787,443
		1,786,833	1,787,443
Current assets
Debtors		678	678
Cash at bank and in hand		63,431	60,581
		64,109	61,259
Creditors: amount falling due within one year		(278,022)	(624,004)
Net current assets		(213,913)	(562,745)

Total assets less current liabilities		1,572,920	1,224,698
Creditors: amount falling due after more than one year		(771,163)	(776,564)
Provisions for liabilities		(120,540)	(115,590)
Net assets		681,217	332,544

Capital and reserves
Called up share capital		100	1
Share premium account		299,901	0
Fair Value Reserves		361,624	361,624
Profit and loss account		19,592	(29,081)
Shareholders' funds		681,217	332,544

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 19 June 2025 and were signed by:

-------------------------------
Adam James FARMER
Director

Shakespeare Road Property Investment Limited
Notes to the Abridged Financial Statements
For the year ended 30 April 2025

General Information

Shakespeare Road Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 11323390, registration address 15 Falcon Way, Brackley, England, NN13 6PZ. The trading address of the company is 49 Bulwer Road, New Barnet, London, EN5 5EU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of rent and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

25% Reducing Balance

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Investment properties	Total
	£	£	£
At 01 May 2024	14,389	1,785,000	1,799,389
Additions	-	-	-
Disposals	-	-	-
At 30 April 2025	14,389	1,785,000	1,799,389
Depreciation
At 01 May 2024	11,946	-	11,946
Charge for year	610	-	610
On disposals	-	-	-
At 30 April 2025	12,556	-	12,556
Net book values
Closing balance as at 30 April 2025	1,833	1,785,000	1,786,833
Opening balance as at 01 May 2024	2,443	1,785,000	1,787,443

Investment Properties

Investment property comprises one freehold property. The fair value of the investment property has been arrived at on the basis of a valuation by the director in consultation with local estate agents. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

The original cost of the investment property is £1,302,836.

Fair Value Reserves

	2025 £	2024 £
Fair Value Reserve Bought Forward	361,624	402,864
Fair Value Reserve Movement	0	(41,240)
	361,624	361,624

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2025 £		2024 £		2025 £		2024 £
ASF Company Holdings Limited	0		0		260,000		610,000

6.	Ultimate Controlling Party The company's ultimate controlling party is ASF Company Holdings Limited by virtue of their ownership of 99% of the issued share capital in the company.


Registered Number: 11323390
England and Wales
SHAKESPEARE ROAD PROPERTY INVESTMENT LIMITED

Abridged Accounts

Period of accounts Start date: 01 May 2024 End date: 30 April 2025