REGISTERED NUMBER: 03146261 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

ASHCOURT PROPERTIES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

D M Boak

K J Bousfield

A J K Bousfield

REGISTERED OFFICE:

Ashcourt Group

Halifax Way

Pocklington

East Yorkshire

YO42 1NR

REGISTERED NUMBER:

03146261 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Property, plant and equipment

4

1,555,714

1,550,780

Investments

5

3,248,074

3,156,019

4,803,788

4,706,799

CURRENT ASSETS

Inventories

-

93,548

Debtors

6

13,429,126

14,016,655

Cash at bank

1,248

2,183

13,430,374

14,112,386

CREDITORS

Amounts falling due within one year

7

3,602,693

4,063,845

NET CURRENT ASSETS

9,827,681

10,048,541

TOTAL ASSETS LESS CURRENT LIABILITIES

14,631,469

14,755,340

CREDITORS

Amounts falling due after more than one year

8

-

6,667

NET ASSETS

14,631,469

14,748,673

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

14,631,369

14,748,573

SHAREHOLDERS' FUNDS

14,631,469

14,748,673

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

K J Bousfield - Director

1.	STATUTORY INFORMATION

Ashcourt Properties 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.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Revenue

Revenue relates to rents received at the fair value of consideration received or receivable and is recognised as they fall due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

0% (see below)

Fixtures, fittings & equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

It is the opinion of the directors that the net realisable value of freehold properties is significantly in excess of their net book value.

Inventories

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Investments

Investments are recorded at acquisition cost, with provisions made as necessary to reduce the carrying amount to the recoverable value where necessary.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

1,545,557

72,081

1,617,638

Additions

-

7,800

7,800

At 31 October 2025

1,545,557

79,881

1,625,438

DEPRECIATION

At 1 November 2024

-

66,858

66,858

Charge for year

-

2,866

2,866

At 31 October 2025

-

69,724

69,724

NET BOOK VALUE

At 31 October 2025

1,545,557

10,157

1,555,714

At 31 October 2024

1,545,557

5,223

1,550,780

5.	FIXED ASSET INVESTMENTS

31.10.25

31.10.24

£

£

Loans to group undertakings

3,247,419

3,155,364

Participating interests

655

655

3,248,074

3,156,019

Additional information is as follows:

Interest

in

subsidiary

undertakings

£

COST

At 1 November 2024

and 31 October 2025

655

NET BOOK VALUE

At 31 October 2025

655

At 31 October 2024

655

Loans to

group

undertakings

£

At 1 November 2024

3,155,364

New in year

92,055

At 31 October 2025

3,247,419

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Amounts owed by group undertakings

12,753,517

12,682,203

Amounts owed by associated companies

653,081

1,274,406

Other debtors

22,528

60,046

13,429,126

14,016,655

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

6,544

10,000

Trade creditors

7,566

10,029

Amounts owed to group undertakings

1,574,924

1,925,536

Amounts owed to associates

1,821,231

1,932,329

Taxation and social security

4,180

3,663

Other creditors

188,248

182,288

3,602,693

4,063,845

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

6,667

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Ordinary

£1

100

100