REGISTERED NUMBER: 10167141 (England and Wales)

Financial Statements

for the Year Ended 31 May 2025

for

Allison Property Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

I Allison

Mrs C Allison

REGISTERED OFFICE:

The Nook

40-42 High Street

Flore

Northampton

NN7 4LL

REGISTERED NUMBER:

10167141 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Property, plant and equipment

4

-

-

Investment property

5

3,390,000

3,390,000

3,390,000

3,390,000

CURRENT ASSETS

Debtors

6

56,695

47,102

Cash at bank

194,480

83,582

251,175

130,684

CREDITORS

Amounts falling due within one year

7

25,876

33,746

NET CURRENT ASSETS

225,299

96,938

TOTAL ASSETS LESS CURRENT LIABILITIES

3,615,299

3,486,938

CREDITORS

Amounts falling due after more than one year

8

(2,189,037

)

(2,036,261

)

PROVISIONS FOR LIABILITIES

(190,509

)

(190,509

)

NET ASSETS

1,235,753

1,260,168

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

685,957

685,957

Retained earnings

549,596

574,011

SHAREHOLDERS' FUNDS

1,235,753

1,260,168

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2026 and were signed on its behalf by:

I Allison - Director

1.	STATUTORY INFORMATION

Allison Property 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.

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 as modified by the revaluation of certain assets.

Turnover

Revenue 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.

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

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.

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 1 (2024 - NIL ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

349

DEPRECIATION

At 1 June 2024

and 31 May 2025

349

NET BOOK VALUE

At 31 May 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

and 31 May 2025

3,390,000

NET BOOK VALUE

At 31 May 2025

3,390,000

At 31 May 2024

3,390,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2017

24,644

Valuation in 2018

15,000

Valuation in 2020

182,390

Valuation in 2022

430,000

Valuation in 2023

320,000

Valuation in 2024

(210,000

)

Cost

2,627,966

3,390,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

23,895

Directors' current accounts

34,107

14,546

Tax

4,909

4,909

Prepayments & accrued income

17,679

3,752

56,695

47,102

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

-

1,874

Social security and other taxes

349

736

Other creditors

13,161

13,479

Accruals & deferred income

12,366

17,657

25,876

33,746

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans 1-2 years

2,189,037

2,036,261

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

2,189,037

2,036,261

The bank loans are secured by a fixed charge on the investment properties and contains a negative pledge.

10.	RETAINED EARNING

The retained earnings of £549,596 (2024: £574,011) comprise of negative distributable reserves of £21,929 (2024: Surplus of £2,485) and non-distributable reserves of £571,525 (2024: £571,525) which relate to property revaluations less related deferred tax provision.