REGISTERED NUMBER: 12052229 (England and Wales)

Unaudited Financial Statements

for the Year Ended 29 April 2025

for

22a Abel Close Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

460,000

460,000

CURRENT ASSETS

Debtors

5

4,293

2,521

Cash at bank

4,278

4,453

8,571

6,974

CREDITORS

Amounts falling due within one year

6

(12,161

)

(13,785

)

NET CURRENT LIABILITIES

(3,590

)

(6,811

)

TOTAL ASSETS LESS CURRENT LIABILITIES

456,410

453,189

CREDITORS

Amounts falling due after more than one year

7

(312,943

)

(312,943

)

PROVISIONS FOR LIABILITIES

(6,204

)

(6,204

)

NET ASSETS

137,263

134,042

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

137,261

134,040

SHAREHOLDERS' FUNDS

137,263

134,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2025 and were signed by:

A R Harrison - Director

1.	STATUTORY INFORMATION

22A Abel Close Ltd is a private company, limited by shares, registered in England and Wales, registered number 12052229. The registered office is Suite 2A, 7th Floor - PF City Reach, 5 Greenwich View Place, London, England, E14 9NN.

The presentation currency of the financial statements is pound sterling (£) and the level of rounding is

the nearest £1.

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.

Rental income

Rental income from investment properties are recognised in the profit and loss account on a receivable basis.

Investment property

The freehold investment property is carried at fair value determined annually by the directors and derived from current market rents and investment property yields for comparable properties, adjusted if necessary for any difference in the nature. location or condition of the property. No is provided on the freehold building and charges in fair value are recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value. net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. less any impairment.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities. including bank loans, are measured initially at fair value. net of transaction costs. and are measured subsequently at amortised cost using the effective method.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 30 April 2024

and 29 April 2025

460,000

NET BOOK VALUE

At 29 April 2025

460,000

At 29 April 2024

460,000

If investment properties had not been revalued, they would have been included at the following historical cost:

29-Apr-2025

29-Apr-2024

£

£

Historical cost of the investment property.

389,263

389,263

The investment properties were revalued at £460,000 (2024: £460,000) as at 29 April 2025 by the Director of the company / Professional based on their judgement.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.25

29.4.24

£

£

Trade debtors

2,169

2,384

Other debtors

2,124

137

4,293

2,521

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.4.25

29.4.24

£

£

Trade creditors

74

1,194

Other creditors

12,087

12,591

12,161

13,785

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.4.25

29.4.24

£

£

Bank loans

312,943

312,943