Addaamo Commercial Spaces Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14762183 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Addaamo Commercial Spaces Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Walters

REGISTERED OFFICE:

Dundee House

Millennium Way

Chesterfield

S41 8ND

REGISTERED NUMBER:

14762183 (England and Wales)

ACCOUNTANTS:

Botham Accounting Limited

Chartered Accountants

3 - 5 College Street

Nottingham

Nottinghamshire

NG1 5AQ

FIXED ASSETS

Investment property

4

800,000

CURRENT ASSETS

Debtors

5

528

72,778

Cash at bank

1,569

308

2,097

73,086

CREDITORS

Amounts falling due within one year

6

19,372

18,616

NET CURRENT (LIABILITIES)/ASSETS

(17,275

)

54,470

TOTAL ASSETS LESS CURRENT
LIABILITIES

782,725

854,470

PROVISIONS FOR LIABILITIES

31,272

NET ASSETS

751,453

823,198

CAPITAL AND RESERVES

Called up share capital

7

680,010

Retained earnings

71,443

143,188

SHAREHOLDERS' FUNDS

751,453

823,198

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2026 and were signed by:

R Walters - Director

1.	STATUTORY INFORMATION

Addaamo Commercial Spaces 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.

Turnover

Rental income represents the rents due for the year under operating leases all of which relate to

properties in the United Kingdom. Income is recognised and accrued daily.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date, and any aggregate surplus or deficit is transferred to the income statement. No depreciation is provided in respect of investment property.

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.

Going concern

The directors have assessed the company's ability to continue as a going concern and have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing these financial statements. Accordingly, the financial statements have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

800,000

NET BOOK VALUE

At 31 December 2025

800,000

At 31 December 2024

800,000

The investment properties were professionally valued on 20 December 2023 at £800,000 by A Collins BSc MRICS, a RICS registered valuer of Copelands Chartered Surveyors, on an open market basis. The director has reviewed the carrying values at 31 December 2025 and consider that the fair values remain appropriate.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by group undertakings

-

72,231

Other debtors

528

547

528

72,778

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation and social security

19,372

18,615

Other creditors

-

1

19,372

18,616

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

680,010

Ordinary

£1

680,010

8.	ULTIMATE CONTROLLING PARTY

The directors consider the ultimate parent undertaking to be Walters Capital Group Limited, a

company incorporated in England and Wales. The registered office address is Dundee House,

Millennium Way, Chesterfield, England, S41 8ND.