REGISTERED NUMBER: 09824527 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Architectural Properties (Developments)

1 Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Bromage

REGISTERED OFFICE:

Suite 3

Falcon Court Business Centre

College Road

Maidstone

Kent

ME15 6TF

REGISTERED NUMBER:

09824527 (England and Wales)

ACCOUNTANTS:

Skyfire Accountancy Ltd

The Old Rectory

Springhead Road

Northfleet

Kent

DA11 8HN

FIXED ASSETS

Tangible assets

5

2,058

1,840

Investment property

6

12,935,000

12,935,000

12,937,058

12,936,840

CURRENT ASSETS

Debtors

7,746

8,782

Cash at bank and in hand

21,371

17,120

29,117

25,902

CREDITORS

Amounts falling due within one year

7,263,895

7,556,985

NET CURRENT LIABILITIES

(7,234,778

)

(7,531,083

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,702,280

5,405,757

CREDITORS

Amounts falling due after more than one year

7

(1,138,681

)

(1,144,519

)

PROVISIONS FOR LIABILITIES

(706,658

)

(706,658

)

NET ASSETS

3,856,941

3,554,580

CAPITAL AND RESERVES

Called up share capital

103

101

Fair value reserve

9

2,119,975

2,119,975

Retained earnings

1,736,863

1,434,504

SHAREHOLDERS' FUNDS

3,856,941

3,554,580

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 June 2026 and were signed by:

Mr D Bromage - Director

1.	STATUTORY INFORMATION

Architectural Properties (Developments) 1 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue recognition

Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of the company's activities. Sales are presented net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Rental income from operating leases (net of any incentives given to the lessees) is recognised when the right to receive payment is established.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

2,400

Additions

735

At 31 March 2026

3,135

DEPRECIATION

At 1 April 2025

560

Charge for year

517

At 31 March 2026

1,077

NET BOOK VALUE

At 31 March 2026

2,058

At 31 March 2025

1,840

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

12,935,000

NET BOOK VALUE

At 31 March 2026

12,935,000

At 31 March 2025

12,935,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2018

564,015

Valuation in 2020

125,783

Valuation in 2021

458,165

Valuation in 2022

844,409

Valuation in 2023

442,683

Valuation in 2025

391,578

Cost

10,108,367

12,935,000

The investment property was valued at 31st March 2026 by the director, who is an experienced property developer, and is based on his expectations of what the property would sell for on the open market.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.3.26

31.3.25

£

£

Repayable otherwise than by instalments

Mortgage

1,116,500

1,116,500

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Mortgage

1,116,500

1,116,500

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

2,119,975

10.	RELATED PARTY DISCLOSURES

During the period the company borrowed £5,940 of a loan from a group company. At the end of the period the amount owed to group companies was £3,126,937 (2025: £3,120,997). The balance is shown within creditors due within one year, is free of interest and repayable on demand.

During the period the company repaid £334,584 of a loan from a director. At the end of the period the company owed the director £3,845,135 (2025: £4,179,719). The balance is shown within creditors due within one year and repayable on demand. The loan incurred £18,028 of interest charges during the period.

During the period the company borrowed £36,706 from a closely connected person to the directors. At the end of the period the company owed this person £36,706. The balance is shown within creditors due within one year, is free of interest and repayable on demand.

At the end of the period the company was owed £100 (2025: £100) by its parent company. The balance is shown within debtors due within one year, is free of interest and repayable on demand.