Abbey Wood Park Property Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12374153 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ABBEY WOOD PARK PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Singh

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

12374153 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

-

Investment property

5

1,800,000

1,504,986

1,800,000

1,504,986

CURRENT ASSETS

Debtors

6

97,193

127,610

Cash at bank

3,937

-

101,130

127,610

CREDITORS

Amounts falling due within one year

7

1,132,676

4,800

NET CURRENT (LIABILITIES)/ASSETS

(1,031,546

)

122,810

TOTAL ASSETS LESS CURRENT
LIABILITIES

768,454

1,627,796

CREDITORS

Amounts falling due after more than one
year

8

-

(1,050,000

)

PROVISIONS FOR LIABILITIES

(297,008

)

(223,254

)

NET ASSETS

471,446

354,542

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

891,024

669,763

Retained earnings

(419,678

)

(315,321

)

471,446

354,542

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 18 September 2026 and were signed by:

N Singh - Director

1.	STATUTORY INFORMATION

Abbey Wood Park Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

At the balance sheet date, the company balance sheet is showing net current liabilities position of £1,031,546 (2024: £122,810 net current assets) and net assets of £471,446 (2024: £354,542). The company continues to trade as a going concern with the ongoing support from the company's external lenders. As such the accounts have been prepared on this basis.

Turnover

Turnover is measured at the fair value of rent received or receivable.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2025

and 31 December 2025

90,000

DEPRECIATION

At 1 January 2025

and 31 December 2025

90,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

1,504,986

Revaluations

295,014

At 31 December 2025

1,800,000

NET BOOK VALUE

At 31 December 2025

1,800,000

At 31 December 2024

1,504,986

Fair value at 31 December 2025 is represented by:

£

Valuation in 2023

893,017

Valuation in 2025

295,014

Cost

611,969

1,800,000

The investment property was valued at the year end by the director based on valuation received from Colliers International Property Consultants dated 12 January 2026.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Amounts owed by group undertakings

100

127,610

Other debtors

97,093

-

97,193

127,610

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

1,050,000

-

Trade creditors

4,740

-

Amounts owed to group undertakings

76,579

-

Directors' current accounts

397

-

Accrued expenses

960

4,800

1,132,676

4,800

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans - 1-2 years

-

1,050,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Bank loans

1,050,000

The bank loan is secured by a fixed and floating charge held by Streambank plc over all assets of the company.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Abbeywood Care Homes Limited.

The ultimate controlling party is N Singh.