Registration number: 12302869

Abowman Properties Ltd

Contents

Company Information	1
Profit and Loss Account	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 8

Abowman Properties Ltd

Company Information

Directors

Mr A C Bowman Mrs A E Bowman

Registered office

Station House Station Road Rugeley Staffordshire United Kingdom WS15 3HA

Accountants

Wychbury Greaves Station House Station Road Rugeley Staffordshire WS15 3HA

Abowman Properties Ltd

Profit and Loss Account for the Year Ended 30 November 2025

	Note	2025 £	2024 £
Turnover		36,402	34,879
Cost of sales		(3,740)	(3,422)
Gross profit		32,662	31,457
Administrative expenses		(15,268)	(19,533)
Operating profit		17,394	11,924
Gain on financial assets at fair value through profit and loss		40,000	25,000
Interest payable and similar expenses		(19,436)	(21,471)
		20,564	3,529
Profit before tax		37,958	15,453
Tax on profit		(7,250)	(2,898)
Profit for the financial year		30,708	12,555

The above results were derived from continuing operations.

Abowman Properties Ltd

(Registration number: 12302869)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	31,645	42,193
Investment property	5	575,000	535,000
		606,645	577,193
Current assets
Debtors		1,690	-
Cash at bank and in hand		1,677	1,743
		3,367	1,743
Creditors: Amounts falling due within one year		(67,657)	(58,996)
Net current liabilities		(64,290)	(57,253)
Total assets less current liabilities		542,355	519,940
Creditors: Amounts falling due after more than one year		(341,649)	(357,191)
Provisions for liabilities		(38,134)	(30,884)
Net assets		162,572	131,865
Capital and reserves
Called up share capital		2	2
Revaluation reserve		201,164	168,376
Retained earnings		(38,594)	(36,513)
Shareholders' funds		162,572	131,865

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 August 2026 and signed on its behalf by:
 

Abowman Properties Ltd

(Registration number: 12302869)
Balance Sheet as at 30 November 2025

......................................... Mr A C Bowman Director

Abowman Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Station House
Station Road
Rugeley
Staffordshire
WS15 3HA
United Kingdom

These financial statements were authorised for issue by the Board on 27 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Abowman Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 2).

Abowman Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Tangible assets

	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	61,579	61,579
At 30 November 2025	61,579	61,579
Depreciation
At 1 December 2024	19,386	19,386
Charge for the year	10,548	10,548
At 30 November 2025	29,934	29,934
Carrying amount
At 30 November 2025	31,645	31,645
At 30 November 2024	42,193	42,193

5	Investment properties

	2025 £
At 1 December	535,000
Additions	40,000
At 30 November	575,000

6

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	32,788	32,788

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	22,102	22,102

Abowman Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	299,703	309,703
Hire purchase contracts	41,946	47,488
	341,649	357,191

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	5,541	3,276