REGISTERED NUMBER: 16234815 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 FEBRUARY 2025 TO 28 FEBRUARY 2026

FOR

ADAPTIV PROPERTY LTD

Page

Balance sheet

1

Notes to the financial statements

2

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

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 .

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.

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.