REGISTERED NUMBER: 10759817 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MAY 2025

FOR

ABP HOMES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Amit Babubhai Patel

SECRETARY:

Mr Amit Babubhai Patel

REGISTERED OFFICE:

c/o Michael Filiou Ltd

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

10759817 (England and Wales)

ACCOUNTANTS:

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Tangible assets

4

253

875

CURRENT ASSETS

Debtors

5

140,281

126,174

Cash at bank

340

1,172

140,621

127,346

CREDITORS

Amounts falling due within one year

94,280

96,086

NET CURRENT ASSETS

46,341

31,260

TOTAL ASSETS LESS CURRENT LIABILITIES

46,594

32,135

CREDITORS

Amounts falling due after more than one year

24,000

26,816

NET ASSETS

22,594

5,319

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

22,593

5,318

SHAREHOLDERS' FUNDS

22,594

5,319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 May 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 May 2026 and were signed by:

Mr Amit Babubhai Patel - Director

1.	STATUTORY INFORMATION

ABP Homes 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.

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.

Plant and machinery

-

25% straight line

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 31 May 2024

and 30 May 2025

3,635

DEPRECIATION

At 31 May 2024

2,760

Charge for year

622

At 30 May 2025

3,382

NET BOOK VALUE

At 30 May 2025

253

At 30 May 2024

875

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other debtors

27,960

15,868

During the year, the company advanced a loan of £10,000 to an unrelated party, secured in accordance with a formal loan agreement dated 30 April 2024. The loan is for a fixed term of 36 months and carries interest at a rate of 10% per annum. Interest is payable in full at the end of the loan term.

At the balance sheet date, the carrying amount of the loan, including interest is £27,960.

The loan is secured by way of a personal guarantee, a charge over the project property, and the issue of equity shares (between 1% and 5%) in K.A.R. Ltd, the holding company of the borrower, as outlined in the Heads of Terms.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

7.	RELATED PARTY DISCLOSURES

Melcombe News Limited

Melcombe News Limited is a related party by virtue of Mr Amit Babubhai Patel being the director of both Melcombe News Limited and ABP Homes Limited, and holding 100% of the issued share capital of Melcombe News Limited.

As at the balance sheet date, Melcombe News Limited owed the company £34,598 (2024 - £49,251).

ABP Houses Ltd

ABP Houses Ltd is a related party by virtue of Mr Amit Babubhai Patel being the director of both ABP Houses Ltd and ABP Homes Limited, and holding 100% of the issued share capital of ABP Houses Ltd.

As at the balance sheet date, ABP Houses Ltd owed the company £3,285 (2024 - £nil). The amount due is included in Trade debtors.

ABP Cares Limited

ABP Cares Limited is a related party by virtue of Mr Amit Babubhai Patel being the director of both ABP Ltd Cares Limited and ABP Homes Limited, and holding 100% of the issued share capital of ABP Cares Limited.

As at the balance sheet date, ABP Cares Limited owed the company £10,263 (2024 - £nil). The amount due is included in Trade debtors.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Amit Babubhai Patel.

The director is considered to be the ultimate controlling party, by virtue of the fact he holds 100% of the issued share capital.