REGISTERED NUMBER: 02348185 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Ashdeal Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R A McLeod

REGISTERED OFFICE:

13 Kings Avenue

Ealing

London

W5 2SJ

REGISTERED NUMBER:

02348185 (England and Wales)

FIXED ASSETS

Tangible assets

4

825,736

900,789

CURRENT ASSETS

Debtors

5

700

2,801

Cash at bank

3,543

16,803

4,243

19,604

CREDITORS

Amounts falling due within one year

6

5,005

8,546

NET CURRENT (LIABILITIES)/ASSETS

(762

)

11,058

TOTAL ASSETS LESS CURRENT LIABILITIES

824,974

911,847

PROVISIONS FOR LIABILITIES

71,629

90,379

NET ASSETS

753,345

821,468

CAPITAL AND RESERVES

Called up share capital

188,500

188,500

Revaluation reserve

7

245,886

245,886

Retained earnings

318,959

387,082

SHAREHOLDERS' FUNDS

753,345

821,468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2026 and were signed by:

R A McLeod - Director

1.	STATUTORY INFORMATION

Ashdeal 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.

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

Turnover represents rents received.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Fixtures and fittings

-

15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

Long

to

and

property

leasehold

property

fittings

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2025

438

900,000

2,109

10,072

912,619

Revaluations

-

(75,000

)

-

-

(75,000

)

At 31 March 2026

438

825,000

2,109

10,072

837,619

DEPRECIATION

At 1 April 2025

-

-

2,109

9,721

11,830

Charge for year

-

-

-

53

53

At 31 March 2026

-

-

2,109

9,774

11,883

NET BOOK VALUE

At 31 March 2026

438

825,000

-

298

825,736

At 31 March 2025

438

900,000

-

351

900,789

The director is of the opinion that the fair value of the three studio flats is £825,000. These values have been incorporated into the accounts.

Deferred capital gains tax of £71,629 has been provided for on any notional sale of the properties.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

700

2,801

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

981

4,088

Other creditors

4,024

4,458

5,005

8,546

7.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

245,886

8.	RELATED PARTY TRANSACTIONS

Management fees of £2,526 were payable to Aerobeam Ltd and accountancy fees of £1,200 were payable to R A Mcleod (Financial Services) Ltd.

9.	DEFERRED TAX

Deferred tax of £71,629 has been provided in these accounts and shown under provisions for liabilities in the balance sheet. This represents capital gains tax payable in the event the properties were sold at the current valuations.