REGISTERED NUMBER: 13467588 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

BERKSHIRE ABODE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs Z P Malik

Mrs F Ajmal

REGISTERED OFFICE:

1 Kings Avenue

London

N21 3NA

REGISTERED NUMBER:

13467588 (England and Wales)

ACCOUNTANTS:

AGK Partners

Chartered Accountants

1 Kings Avenue

Winchmore Hill

London

N21 3NA

FIXED ASSETS

Investments

4

1,885,603

1,489,218

CURRENT ASSETS

Inventories

529,774

401,789

Debtors

5

815,284

816,617

Cash at bank and in hand

317

98,732

1,345,375

1,317,138

CREDITORS

Amounts falling due within one year

6

1,248,133

1,113,789

NET CURRENT ASSETS

97,242

203,349

TOTAL ASSETS LESS CURRENT LIABILITIES

1,982,845

1,692,567

PROVISIONS FOR LIABILITIES

17,437

49,869

NET ASSETS

1,965,408

1,642,698

CAPITAL AND RESERVES

Called up share capital

1,300,100

1,300,100

Fair value reserve

7

52,311

149,608

Retained earnings

612,997

192,990

1,965,408

1,642,698

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

Mrs Z P Malik - Director

1.	STATUTORY INFORMATION

Berkshire Abode 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.

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 as modified by the revaluation of certain assets.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting

estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue

Revenue represents the value of rental income chargeable in respect of the company's investment property. Revenue is recognised evenly over the period of the rental agreement, net of value added tax.

Where rental income is received in advance of the period to which it relates, it is recognised as deferred income. Where rental income is due but not yet received and relates to a current or past period, it is recognised as accrued income

Inventories

Inventories are stated at the lower of cost and net realisable value. Cost includes the purchase price and other directly attributable costs of bringing the inventories to their present location and condition.

Net realisable value represents the estimated selling price less all estimated costs of completion and selling expenses. Where the net realisable value of inventories is lower than their cost, inventories are written down, and the impairment is recognised as an expense in the profit and loss accounts.

The carrying amount of inventory sold is recognised as an expense in the period in which the related revenue is recognised.

Financial instruments

Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially

measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.

At the balance sheet date, the company has a net deferred tax liability of £17,437 (2024: £49,869 liability). This is measured using tax rate at 25%.

Cryptocurrency investment

Cryptocurrency holdings are initially recognised at cost, being the fair value of consideration paid at the date of acquisition, including directly attributable transaction fees.

Following initial recognition, cryptocurrency is carried at revalued amount, being fair value at the balance sheet date. Gains arising from revaluation are recognised directly in the fair value reserve. Losses are recognised in the fair value reserve to the extent of any previously recognised surplus on the same asset; any excess loss is charged to profit or loss.

On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in the profit and loss account. Any related balance held in the fair value reserve is transferred to retained earnings at the point of disposal.

As cryptocurrency does not have a finite useful economic life that can be reliably estimated, it is not amortised.

Fixed assets investments

Fixed asset investments, which include listed equity shares, are initially recognised at cost, being the transaction price including any directly attributable transaction costs.

After initial recognition, investments are measured at fair value at each balance sheet date. Gains and losses arising from changes in fair value are recognised directly in the fair value reserve.

On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in the profit and loss account. Any related balance held in the fair value reserve is transferred to retained earnings at the point of disposal.

Investments are classified as fixed assets where they are intended to be held for the long term.

Fair value reserve

The fair value reserve represents cumulative net gains and losses arising from the revaluation of fixed asset investments and cryptocurrency holdings carried at fair value, net of any related deferred tax.

Movements in the fair value reserve arise as follows:

-Increases in the fair value of listed equity shares and cryptocurrency holdings are credited to the reserve

-Decreases in fair value are charged against the reserve to the extent of any previously recognised surplus on the same asset; any excess is charged to profit or loss

-The deferred tax effect of revaluation movements is recognised directly in the reserve

-On disposal of an asset, any balance remaining in the reserve in respect of that asset, including any related deferred tax, is transferred to retained earnings

The reserve is not distributable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2024

1,489,218

Additions

2,897,719

Disposals

(2,371,605

)

Revaluations

(129,729

)

At 30 June 2025

1,885,603

NET BOOK VALUE

At 30 June 2025

1,885,603

At 30 June 2024

1,489,218

Cost or valuation at 30 June 2025 is represented by:

Other

investments

£

Valuation in 2024

199,477

Valuation in 2025

(129,729

)

Cost

1,815,855

1,885,603

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Other debtors

815,284

816,617

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Amounts owed to connected companies

900,000

900,000

Taxation and social security

203,353

69,599

Other creditors

144,780

144,190

1,248,133

1,113,789

7.

RESERVES

Fair

value

reserve

£

At 1 July 2024

149,608

Movement for the year

(97,297

)

At 30 June 2025

52,311

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

as restated

£

£

Mrs Z P Malik

Balance outstanding at start of year

629,023

4,996

Amounts advanced

-

624,027

Amounts repaid

(631,060

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,037

)

629,023

9.	RELATED PARTY DISCLOSURES