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Registered number: 08418491
ABED Properties Limited
Unaudited Financial Statements
For The Year Ended 28 February 2026
Hanley & Co
Top Floor Unit M4
Middle of the Mill
Staveley Mill Yard, Staveley
Cumbria
LA8 9LR
ABED Properties Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
ABED Properties Limited
Balance Sheet
As At 28 February 2026
Balance Sheet
Registered number: 08418491

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,015,567 |  | 980,243
|  |  | 1,015,567 |  | 980,243
CURRENT ASSETS
Debtors | 5 | 2,740 |  | 3,823 |
Cash at bank and in hand |  | 11,953 |  | 5,410 |
|  | 14,693 |  | 9,233 |
Creditors: Amounts Falling Due Within One Year | 6 | (451,837 ) |  | (455,905 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (437,144 ) |  | (446,672 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 578,423 |  | 533,571
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (71,616 ) |  | (64,904 )
NET ASSETS |  |  | 506,807 |  | 468,667
CAPITAL AND RESERVES
Called up share capital | 7 |  | 2 |  | 2
Revaluation reserve | 8 |  | 304,851 |  | 276,501
Profit and Loss Account |  |  | 201,954 |  | 192,164
SHAREHOLDERS' FUNDS |  |  | 506,807 |  | 468,667

Page 1
Page 2
ABED Properties Limited
Balance Sheet (continued)
As At 28 February 2026
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Profit and Loss Account.
On behalf of the board

Mr R A Lawrence Director
01/04/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
ABED Properties Limited
Notes to the Financial Statements
For The Year Ended 28 February 2026
Notes to the Financial Statements
1. General Information
ABED Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08418491 . The registered office is 13 Broadwell Road, Wrecclesham, Farnham, Surrey, GU10 4QH.
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.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings | 20% reducing balance
Computer Equipment | 25% straight line

2.4. 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 profit and loss account.
2.5. 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 years 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.
...CONTINUED
Page 3
Page 4
ABED Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
2.5. Taxation - continued
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
3. Average Number of Employees
Average number of employees during the year excluding directors was: NIL (2025: NIL)
- -
4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Computer Equipment | Total
| £ | £ | £
Cost or Valuation
As at 1 March 2025 | 980,000 | 1,727 | 981,727
Additions | - | 648 | 648
Revaluation | 35,000 | - | 35,000
As at 28 February 2026 | 1,015,000 | 2,375 | 1,017,375
Depreciation
As at 1 March 2025 | - | 1,484 | 1,484
Provided during the period | - | 324 | 324
As at 28 February 2026 | - | 1,808 | 1,808
Net Book Value
As at 28 February 2026 | 1,015,000 | 567 | 1,015,567
As at 1 March 2025 | 980,000 | 243 | 980,243

Freehold property comprises investment properties which are stated at valuation. If the investment properties had not been revalued they would have been included at historical cost of £638,641 (2025 : £638,641).
The investment properties were valued on an open market basis on 28 February 2026 by the director.
Page 4
Page 5
ABED Properties Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
5. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 2,740 |  | 3,823

6. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Corporation tax | 2,237 |  | 3,649
Accruals and deferred income | 2,393 |  | 5,230
Director's loan account | 447,207 |  | 447,026
| 451,837 |  | 455,905

7. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

8. Reserves

| Revaluation reserve | Profit and Loss Account
--- | --- | ---
| £ | £
As at 1 March 2025 | 276,501 | 192,164
Profit for the year and total comprehensive income | - | 38,140
Transfer to/from revaluation reserve | - | (28,350)
Transfer to/from Profit & Loss Account | 28,350 | -
As at 28 February 2026 | 304,851 | 201,954

Page 5