REGISTERED NUMBER: 14763216 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ABSTRAKT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P D Castle

T J Collings

REGISTERED OFFICE:

Dearham House

Saxon Business Park

Hanbury Road

Stoke Prior

Worcestershire

B60 4AD

REGISTERED NUMBER:

14763216 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

86,088

19,514

Investment property

5

4,740,989

3,906,938

4,827,077

3,926,452

CURRENT ASSETS

Debtors

6

1,009,723

1,874,901

Cash at bank

709,464

338,207

1,719,187

2,213,108

CREDITORS

Amounts falling due within one year

7

286,794

227,518

NET CURRENT ASSETS

1,432,393

1,985,590

TOTAL ASSETS LESS CURRENT LIABILITIES

6,259,470

5,912,042

CREDITORS

Amounts falling due after more than one year

8

(1,976,941

)

(1,586,734

)

PROVISIONS FOR LIABILITIES

(21,522

)

-

NET ASSETS

4,261,007

4,325,308

CAPITAL AND RESERVES

Called up share capital

875,753

875,753

Share premium

3,502,612

3,502,612

Retained earnings

(117,358

)

(53,057

)

4,261,007

4,325,308

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 22 December 2025 and were signed on its behalf by:

P D Castle - Director

T J Collings - Director

1.	STATUTORY INFORMATION

Abstrakt 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on cost

Computer equipment

-

50% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or 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

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

9,830

3,456

-

8,864

22,150

Additions

33,624

19,643

23,700

-

76,967

At 31 March 2025

43,454

23,099

23,700

8,864

99,117

DEPRECIATION

At 1 April 2024

611

189

-

1,836

2,636

Charge for year

4,490

3,291

1,558

1,054

10,393

At 31 March 2025

5,101

3,480

1,558

2,890

13,029

NET BOOK VALUE

At 31 March 2025

38,353

19,619

22,142

5,974

86,088

At 31 March 2024

9,219

3,267

-

7,028

19,514

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

3,906,938

Additions

834,051

At 31 March 2025

4,740,989

NET BOOK VALUE

At 31 March 2025

4,740,989

At 31 March 2024

3,906,938

In the opinion of the directors the carrying value of investment properties is a close approximation of its fair value at the balance sheet date.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

25,420

22,653

Other debtors

984,303

1,852,248

1,009,723

1,874,901

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

249,079

203,928

Trade creditors

33,215

367

Other creditors

4,500

23,223

286,794

227,518

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,976,941

1,586,734

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,226,020

1,790,662

Bank loans are secured against the investment properties.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

2025

2024

£

£

P D Castle

Balance outstanding at start of year

16,132

-

Amounts advanced

475,470

16,132

Amounts repaid

(16,102

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

475,500

16,132

T J Collings

Balance outstanding at start of year

49

-

Amounts advanced

-

49

Amounts repaid

(49

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

49

Interest is charged on directors loans at HMRC official rate of interest. The loans were fully repaid

subsequent to the balance sheet date.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Abstrakt Holdings Limited.

The ultimate controlling party are the directors.