| ADP Property Investment Limited |
| Registered number: |
10842937 |
| Balance Sheet |
| as at 30 June 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
800,000 |
|
|
446,000 |
|
| Current assets |
| Cash at bank and in hand |
|
|
5,302 |
|
|
1,881 |
|
| Creditors: amounts falling due within one year |
5 |
|
(165,076) |
|
|
(170,651) |
|
| Net current liabilities |
|
|
|
(159,774) |
|
|
(168,770) |
|
| Total assets less current liabilities |
|
|
|
640,226 |
|
|
277,230 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(296,250) |
|
|
(296,250) |
|
| Provisions for liabilities |
|
|
|
(90,161) |
|
|
- |
|
|
| Net assets/(liabilities) |
|
|
|
253,815 |
|
|
(19,020) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
253,715 |
|
|
(19,120) |
|
| Shareholders' funds |
|
|
|
253,815 |
|
|
(19,020) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Ana-Bela Da Silva Pinhao |
| Director |
| Approved by the board on 21 June 2026 |
|
| ADP Property Investment Limited |
| Notes to the Accounts |
| for the year ended 30 June 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Rent receivable |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Property Investment |
Nil |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is also calculated on the gain of the investment property. |
| 2 |
Going Concern |
|
|
The company meets it day to day working capital requirements through the support of the director and bank loan. On this basis, the director consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that the director and the bank would withdraw their supports. |
|
|
|
|
| 3 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 July 2024 |
446,000 |
|
Surplus on revaluation |
354,000 |
|
At 30 June 2025 |
800,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 June 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2025 |
800,000 |
|
At 30 June 2024 |
446,000 |
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Connected companies |
|
|
|
|
20,000 |
|
20,000 |
|
Corporation tax - Deferred tax |
|
|
|
|
- |
|
1,661 |
|
Other creditors |
145,076 |
|
148,990 |
|
|
|
|
|
|
165,076 |
|
170,651 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
296,250 |
|
296,250 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans to directors |
|
Description and conditions |
B/fwd |
Loan |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Ana-Bela Da Silva Pinhao |
143,562 |
|
2,990 |
|
663 |
|
145,889 |
|
|
|
143,562 |
|
2,990 |
|
663 |
|
145,889 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
ADP Property Investment Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
12 Finch Avenue |
|
London |
|
SE27 9TX |