REGISTERED NUMBER: 11523649 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

APPLECORE DESIGN AND DEVELOP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

Mr S L Appleton

Registered office:

21 Middle Road

Park Gate

Southampton

United Kingdom

SO31 7GH

Registered number:

11523649 (England and Wales)

Accountants:

M Squared Accounting Ltd

Botley Mills

Mill Hill

Botley

Southampton

Hampshire

SO30 2GB

Fixed assets

Tangible assets

4

490,974

365,928

Investment property

5

1,219,132

810,176

1,710,106

1,176,104

Current assets

Debtors

6

44,917

-

Cash at bank

19,815

21,856

64,732

21,856

Creditors

Amounts falling due within one year

7

79,553

19,961

Net current (liabilities)/assets

(14,821

)

1,895

Total assets less current liabilities

1,695,285

1,177,999

Creditors

Amounts falling due after more than one year

8

1,605,397

993,055

Net assets

89,888

184,944

Capital and reserves

Called up share capital

50

50

Fair value reserve

9

358,571

268,747

Retained earnings

(268,733

)

(83,853

)

89,888

184,944

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 30 April 2026 and were signed by:

Mr S L Appleton - Director

1.	STATUTORY INFORMATION

Applecore Design And Develop Ltd 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 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.

Improvements to property

-

not provided

Computer equipment

-

33% on cost

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 Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Improvements

to

Computer

property

equipment

Totals

£

£

£

COST

At 1 September 2024

365,429

1,465

366,894

Additions

125,544

-

125,544

At 31 August 2025

490,973

1,465

492,438

DEPRECIATION

At 1 September 2024

-

966

966

Charge for year

-

498

498

At 31 August 2025

-

1,464

1,464

NET BOOK VALUE

At 31 August 2025

490,973

1

490,974

At 31 August 2024

365,429

499

365,928

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

810,176

Additions

319,132

Revaluations

89,824

At 31 August 2025

1,219,132

NET BOOK VALUE

At 31 August 2025

1,219,132

At 31 August 2024

810,176

Fair value at 31 August 2025 is represented by:

£

Valuation in 2024

268,747

Valuation in 2025

89,824

Cost

860,561

1,219,132

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

541,248

541,248

investment property was valued on an open market basis on 28 June 2024 by JWM .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

4,000

-

Directors' current accounts

21,489

-

Tax

7,252

-

Prepayments

12,176

-

44,917

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

23,460

-

Tax

7,252

-

Other creditors

47,428

-

Directors' current accounts

-

18,570

Accrued expenses

1,413

1,391

79,553

19,961

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

23,460

-

Bank loans - 2-5 years

11,730

-

Bank loans more 5 yr by instal

1,570,207

993,055

1,605,397

993,055

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,570,207

993,055

9.

RESERVES

Fair

value

reserve

£

At 1 September 2024

268,747

Revaluation of investment property

89,824

At 31 August 2025

358,571

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Mr S L Appleton

Balance outstanding at start of year

(18,570

)

(1,270

)

Amounts advanced

57,679

46,220

Amounts repaid

(17,620

)

(63,520

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,489

(18,570

)

Interest has been charged on this advance at a rate of 3.75% per annum, calculated using the averaging method.