REGISTERED NUMBER: 16314048 (England and Wales)

ASSET ASSURED PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 13 MARCH 2025 TO 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Bhagwan

Mr A L Rees

REGISTERED OFFICE:

5 Midland Court, Central Park

Leicester Road

Lutterworth

Leicestershire

LE17 4PN

REGISTERED NUMBER:

16314048 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

FIXED ASSETS

Investment property

5

340,000

CURRENT ASSETS

Debtors

6

387

Cash at bank

15,900

16,287

CREDITORS

Amounts falling due within one year

7

1,368

NET CURRENT ASSETS

14,919

TOTAL ASSETS LESS CURRENT LIABILITIES

354,919

CREDITORS

Amounts falling due after more than one year

8

(350,001

)

PROVISIONS FOR LIABILITIES

(1,205

)

NET ASSETS

3,713

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

9

4,842

Retained earnings

(1,229

)

3,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 October 2026 and were signed on its behalf by:

Mr D Bhagwan - Director

Mr A L Rees - Director

1.	STATUTORY INFORMATION

Asset Assured Properties 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The Financial Statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents the value excluding Value Added Tax of goods and services provided to customers during the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

Investment property

Investment Property is shown at cost as proxy for fair value on recent acquisition. 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

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

Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

335,158

Revaluations

4,842

At 31 March 2026

340,000

NET BOOK VALUE

At 31 March 2026

340,000

Fair value at 31 March 2026 is represented by:

£

Cost

340,000

6.

DEBTORS

£

Amounts falling due within one year:

Prepayments and accrued income

287

Amounts falling due after more than one year:

Amounts owed by group undertakings

100

Aggregate amounts

387

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Accruals and deferred income

1,368

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Amounts owed to participating interests

350,001

9.

RESERVES

Revaluation

reserve

£

Movement in valuation

4,842

At 31 March 2026

4,842

10.	RELATED PARTY DISCLOSURES

At the balance sheet date £350.,001 (2025: £NIL) was owed to related parties that key management have control.

At the balance sheet date £100 (2025: £NIL) was owed from related parties that key management have control.