IRIS Accounts Production v26.2.0.496 16234815 director 6.2.25 28.2.26 28.2.26 false true false false true false Fair value model Ordinary 1.00000 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 16234815 2025-02-05 16234815 2026-02-28 16234815 2025-02-06 2026-02-28 16234815 2025-02-05 16234815 ns15:EnglandWales 2025-02-06 2026-02-28 16234815 ns14:PoundSterling 2025-02-06 2026-02-28 16234815 ns10:Director1 2025-02-06 2026-02-28 16234815 ns10:PrivateLimitedCompanyLtd 2025-02-06 2026-02-28 16234815 ns10:SmallEntities 2025-02-06 2026-02-28 16234815 ns10:AuditExempt-NoAccountantsReport 2025-02-06 2026-02-28 16234815 ns10:SmallCompaniesRegimeForDirectorsReport 2025-02-06 2026-02-28 16234815 ns10:SmallCompaniesRegimeForAccounts 2025-02-06 2026-02-28 16234815 ns10:FullAccounts 2025-02-06 2026-02-28 16234815 ns10:OrdinaryShareClass1 2025-02-06 2026-02-28 16234815 1 ns10:OrdinaryShareClass1 2025-02-06 2026-02-28 16234815 ns5:CurrentFinancialInstruments 2026-02-28 16234815 ns5:Non-currentFinancialInstruments 2026-02-28 16234815 ns5:ShareCapital 2026-02-28 16234815 ns5:RetainedEarningsAccumulatedLosses 2026-02-28 16234815 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-02-28 16234815 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2026-02-28 16234815 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2026-02-28 16234815 ns5:Secured 2026-02-28 16234815 ns10:OrdinaryShareClass1 2026-02-28

REGISTERED NUMBER: 16234815 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 FEBRUARY 2025 TO 28 FEBRUARY 2026

FOR

ADAPTIV PROPERTY LTD

ADAPTIV PROPERTY LTD (REGISTERED NUMBER: 16234815)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 6 FEBRUARY 2025 TO 28 FEBRUARY 2026

Page |

Balance sheet | 1 |

Notes to the financial statements | 2 |

ADAPTIV PROPERTY LTD (REGISTERED NUMBER: 16234815)

BALANCE SHEET

28 FEBRUARY 2026

| Notes | £ | £ |

| Fixed assets

| Investment property | 4 | 356,102 |  |

| Current assets

| Cash at bank | 7,825 |  |  |

| Creditors

| Amounts falling due within one year | 5 | 119,388 |  |

| Net current liabilities | (111,563 | ) |

| Total assets less current liabilities | 244,539 |  |

| Creditors

| Amounts falling due after more than one year | 6 | 252,862 |  |

| Net liabilities | (8,323 | ) |

| Capital and reserves

| Called up share capital | 8 | 100 |  |

| Retained earnings | (8,423 | ) |

| Shareholders' funds | (8,323 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 August 2026 and were signed by:

Mr J E Sims - Director

ADAPTIV PROPERTY LTD (REGISTERED NUMBER: 16234815)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 6 FEBRUARY 2025 TO 28 FEBRUARY 2026

1. | Statutory information

| Adaptiv Property Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 16234815. The registered office is Faulkner House, 31 West Street, Wimborne, Dorset, BH21 1JS and business address is 24 Coombe Road, Shillingstone, Dorset, DT11 OTB.

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.

| The Company has made a loss during the year and has a deficiency of assets at the year end of £8,323. The Company is dependent upon the continued support of its director. The director has confirmed their support of the Company over the next 12 months, in order that it can meet its day to day working capital requirements

| Turnover

| Turnover represents amounts received, net of VAT, in respect of investment property lettings.

| 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 period 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 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 period 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.

| Financial instruments

| Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

| At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. | Employees and directors

| The average number of employees during the period was 1 .

ADAPTIV PROPERTY LTD (REGISTERED NUMBER: 16234815)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 6 FEBRUARY 2025 TO 28 FEBRUARY 2026

4. | Investment property

| Total

£ |

| Fair value

| Additions | 356,102 |  |

| At 28 February 2026 | 356,102 |  |

| Net book value

| At 28 February 2026 | 356,102 |  |

| Investment property is shown at cost in the year of acquisition and at the most recent valuation in subsequent years. Any aggregate surplus or deficit arising from changes in fair value is recognised within other comprehensive income.

| The directors do not consider that the value of this property, at this year-end, has materially altered since its acquisition. Therefore no fair value adjustment is required at the year end.

5. | Creditors: amounts falling due within one year |

£ |

| Bank loans and overdrafts | 5,040 |  |

| Amounts owed to associates | 106,865 |  |

| VAT | 1,162 |  |

| Directors' current accounts | 570 |  |

| Accruals and deferred income | 5,751 |  |

119,388 |  |

6. | Creditors: amounts falling due after more than one year |

£ |

| Bank loans - 1-2 years | 7,776 |  |

| Bank loans - 2-5 years | 23,328 |  |

| Bank loans more 5 yr by instal | 221,758 |  |

252,862 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 221,758 |  |

7. | Secured debts

| The following secured debts are included within creditors:

£ |

| Bank loans | 257,902 |  |

| All monies due to or to become due to Barclays Security Trustee Ltd are secured by way of a fixed and floating charge over all the assets of the company, dated 21 March 2025, and a fixed charge over the freehold property known as or being 3 clump farm, dated 9 June 2025.

ADAPTIV PROPERTY LTD (REGISTERED NUMBER: 16234815)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 6 FEBRUARY 2025 TO 28 FEBRUARY 2026

8. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal

| value: | £ |

| 100 | Ordinary | £1 | 100 |  |

| 100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9. | Ultimate controlling party

| The Company is under the control of the Director, by virtue of his 100% holding of the issued voting share capital of the Company.