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Registered number: 07230817
Bancroft Asset Management Limited
ABRIDGED Financial Statements
For The Year Ended 30 April 2025
Bancroft Asset Management Limited
Contents
Contents

| Page
--- | ---
Abridged Statement of Financial Position | 1—2
Notes to the Abridged Financial Statements | 3—4

Page 1
Bancroft Asset Management Limited
Abridged Statement of Financial Position
As At 30 April 2025
Abridged Statement of Financial Position
Registered number: 07230817

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Investment Properties | 4 |  | 163,750 |  | 176,250
Investments | 5 |  | 115,535 |  | 103,944
|  |  | 279,285 |  | 280,194
CURRENT ASSETS
Debtors |  | 133,030 |  | 82,957 |
Cash at bank and in hand |  | 4,466 |  | 30,003 |
|  | 137,496 |  | 112,960 |
Creditors: Amounts Falling Due Within One Year |  | (4,323 ) |  | (1,362 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 133,173 |  | 111,598
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 412,458 |  | 391,792
NET ASSETS |  |  | 412,458 |  | 391,792
CAPITAL AND RESERVES
Called up share capital | 6 |  | 1,000 |  | 1,000
Revaluation reserve | 7 |  | 205,479 |  | 198,205
Income Statement |  |  | 205,979 |  | 192,587
SHAREHOLDERS' FUNDS |  |  | 412,458 |  | 391,792

Page 1
Page 2
Bancroft Asset Management Limited
Abridged Statement of Financial Position (continued)
As At 30 April 2025
For the year ending 30 April 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 30 April 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Aristides Marcou Director
09/01/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Bancroft Asset Management Limited
Notes to the Abridged Financial Statements
For The Year Ended 30 April 2025
Notes to the Abridged Financial Statements
1. General Information
Bancroft Asset Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07230817 . The registered office is 21 Aylmer Parade, Aylmer Road, London, N2 0AT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 May 2024 | 176,250
Disposals | (12,500 )
As at 30 April 2025 | 163,750

Page 3
Page 4
Bancroft Asset Management Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 30 April 2025
5. Investments

| Total
--- | ---
| £
Cost or Valuation
As at 1 May 2024 | 103,944
Additions | 11,591
As at 30 April 2025 | 115,535
Provision
As at 1 May 2024 | -
As at 30 April 2025 | -
Net Book Value
As at 30 April 2025 | 115,535
As at 1 May 2024 | 103,944

The company holds 100% of the ordinary share capital of 109 Selhurst Road Limited, a property investment company incorporated in England and Wales. The aggregate amount of share capital and reverses of 109 Selhurst Road Limited as at 30 April 2025 was £115,535 and the profit for the year ended on that date was £14,618. Consequently the fixed asset investments were revalued by the directors to reflect the net assets.
6. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1,000 |  | 1,000

7. Reserves

| Revaluation reserve | Income Statement
--- | --- | ---
| £ | £
As at 1 May 2024 | 198,205 | 192,587
Profit for year | - | 13,392
Revaluation of fixed assets | 11,591 | -
Net investment property revaluation reserve | (4,317 ) | -
Other comprehensive income for the year | 7,274 | -
Total comprehensive income for the year | 7,274 | 13,392
As at 30 April 2025 | 205,479 | 205,979

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