The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Aveley Properties (West Thurrock) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Orbital House, 20 Eastern Road, Romford, Essex, RM1 3PJ.

These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties at fair value. The principal accounting policies adopted are set out below.

Despite truethe company incurring further losses during the year and having retained losses of £77,276 (2025: £84,381 - retained profits) at the balance sheet date, it continues to maintain substantial net assets of £5,499,239 (2025: £5,660,896). Subsequent to the year end, the company completed a significant land sale transaction, the proceeds of which are expected to strengthen the company's reserves and further enhance its financial position. In light of the company's strong balance sheet and the positive impact of this post year-end event, the directors consider it appropriate to prepare the financial statements on a going concern basis. No material uncertainties have been identified that would cast significant doubt on the company's ability to continue as a going concern.

Due to the reasons set out above, at the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and for a period of at least twelve months following the approval of these financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover is recognised at the fair value of the consideration received or receivable for rent, and is shown net of VAT and other sales related taxes.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

Cash at bank and in hand are basic financial assets and include cash in hand deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

All of the company's financial assets and liabilities are basic and measured at amortised cost.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the period. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The average monthly number of persons (including directors) employed by the company during the year was 0 (2025: 0).

The historical cost of the above assets is £652,709 (2025: £652,709). The properties were revalued during the year to 31 January 2024 to open market value based on existing use value by Independent Chartered Surveyors. The directors consider this value to be materially correct at the balance sheet date.

Included in creditors is an amount owed to the parent company, Aveley Property Holdings Limited, of £546,432 (2025: £575,682).

Included in creditors is also an amount owed to fellow group company, Aveley Washmill Limited, of £1,171 (2025: £1,171).

During the year under review, the company incurred management fees of £10,000 (2025: £10,000) from Lakeside Property Development Co Limited and at the year end other creditors includes an amount of £1,633 (2025: £1,603) payable to that company. This company is considered by the directors to be related by virtue of common control.

The company is a wholly owned subsidiary of Aveley Property Holdings Limited, a company incorporated in England and Wales. Aveley Property Holdings Limited does not prepare group accounts on the basis that the group qualifies as small.

Aveley Property Holdings Limited is not under the control of any one individual or entity.