REGISTERED NUMBER: 00588841 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

E & R ABBOTT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J C Abbott

SECRETARY:

Mrs S Roat

REGISTERED OFFICE:

Priestley House

Priestley Gardens

Chadwell Heath

Essex

RM6 4SN

REGISTERED NUMBER:

00588841 (England and Wales)

ACCOUNTANTS:

Chegwidden & Co

Chartered Accountants

Priestley House

Priestley Gardens

Chadwell Heath

Essex, RM6 4SN

BANKERS:

National Westminster Bank plc

110 George Lane

South Woodford

London

E18

FIXED ASSETS

Investment property

4

2,070,000

2,070,000

CURRENT ASSETS

Debtors

68,907

86,299

Cash at bank

831,056

794,083

899,963

880,382

CREDITORS

Amounts falling due within one year

90,476

73,204

NET CURRENT ASSETS

809,487

807,178

TOTAL ASSETS LESS CURRENT LIABILITIES

2,879,487

2,877,178

PROVISIONS FOR LIABILITIES

222,078

222,078

NET ASSETS

2,657,409

2,655,100

CAPITAL AND RESERVES

Called up share capital

40,000

40,000

Fair value reserve

5

1,593,822

1,593,822

Retained earnings

1,023,587

1,021,278

SHAREHOLDERS' FUNDS

2,657,409

2,655,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25th November 2025 and were signed by:

J C Abbott - Director

1.	STATUTORY INFORMATION

E & R Abbott 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the fair value of rental income receivable, excluding value added tax, once the income and related costs incurred can be reliably measured, and it is probable that the economic benefits will flow to the company.

Investment property

Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in the fair value is recognised in the Income Statement. Deferred tax is provided on the fair value of the gain at the rate expected to apply.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 4 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

2,070,000

NET BOOK VALUE

At 31st March 2025

2,070,000

At 31st March 2024

2,070,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2015

752,035

Valuation in 2021

293,136

Valuation in 2024

320,116

Cost

704,713

2,070,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

704,713

704,713

The investment property was valued on an open market basis on 31st March 2024 by the director .

5.

RESERVES

Fair

value

reserve

£

At 1st April 2024

and 31st March 2025

1,593,822

The fair value reserve represents a non-distributable reserve arising from the net fair gains on the revaluation of freehold property, improvements to property and investment properties, as per FRS 102 Section 1A (Small Companies).

6.	ULTIMATE CONTROLLING PARTY

The controlling party is J C Abbott.