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Abbey Property Solutions Limited
Registered Number:04816322
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2025
Abbey Property Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04816322
As at 31 March 2025
Abbey Property Solutions Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
254,569
254,627
2
254,569
254,627
Current assets
Trade and other receivables
72,278
60,434
3
17,317
Cash and cash equivalents
32,653
93,087
89,595
Trade and other payables: amounts falling due within one
year
(26,956)
(33,296)
4
62,639
59,791
Net current assets
Total assets less current liabilities
314,360
317,266
Trade and other payables: amounts falling due after more
than one year
(144,393)
(126,575)
5
23
(343)
Provisions for liabilities
187,808
Net assets
172,530
Capital and reserves
Called up share capital
100
100
Retained earnings
187,708
172,430
187,808
172,530
Shareholders' funds
For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Faruk Yakoob Patel Director
These financial statements were approved and authorised for issue by the Board on 31 December 2025 and were signed by:
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4
Registered Number :
04816322
For the year ended 31 March 2025
Abbey Property Solutions Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2025
Abbey Property Solutions Limited
Notes to the Financial Statements
Statutory Information
Abbey Property Solutions Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04816322.
Registered address:
1st Floor, Abbey House
270 - 272 Lever Street
Bolton
BL3 6PD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
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:
33 Straight line
Computer equipment
10 Straight line
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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6
For the year ended 31 March 2025
Abbey Property Solutions Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Land and
buildings
£
£
£
£
Cost or
valuation
At 01 April 2024
277,549
332
22,648
254,569
At 31 March 2025
254,569
22,648
332
277,549
Provision for depreciation and impairment
At 01 April 2024
22,922
332
22,590
-
Charge for year
58
-
58
-
At 31 March 2025
22,980
332
22,648
-
At 31 March 2025
Net book value
254,569
-
-
254,569
At 31 March 2024
254,569
58
-
254,627
3. Trade and other receivables
2024
2025
£
£
Trade debtors
550
550
Other debtors
59,884
71,728
72,278
60,434
The debtors above include the following amounts falling due after more than one year:
Other debtors
59,237
71,237
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Bank loans and overdraft (secured)
17,750
17,460
Trade creditors
381
540
Taxation and social security
4,986
5,237
Other creditors
10,179
3,719
33,296
26,956
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7
For the year ended 31 March 2025
Abbey Property Solutions Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft (secured)
113,639
131,457
Other creditors
12,936
12,936
126,575
144,393
6. Average number of persons employed
During the year the average number of employees was 0
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