ABNG (PROPERTIES) LTD

Company Registration Number:
12350277 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2025

Period of accounts

Start date: 01 January 2025

End date: 31 December 2025

ABNG (PROPERTIES) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

ABNG (PROPERTIES) LTD

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 3,175 2,431
Investments: 4 1,524,097 1,524,097
Total fixed assets: 1,527,272 1,526,528
Current assets
Debtors:   150 150
Cash at bank and in hand: 24,653 83,479
Total current assets: 24,803 83,629
Creditors: amounts falling due within one year:   (14,996) (12,948)
Net current assets (liabilities): 9,807 70,681
Total assets less current liabilities: 1,537,079 1,597,209
Creditors: amounts falling due after more than one year: 5 (1,473,688) (1,550,057)
Total net assets (liabilities): 63,391 47,152
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 63,371 47,132
Shareholders funds: 63,391 47,152

The notes form part of these financial statements

ABNG (PROPERTIES) LTD

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 October 2026
and signed on behalf of the board by:

Name: Mrs A Pryde
Status: Director

The notes form part of these financial statements

ABNG (PROPERTIES) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises rental and other income from the letting of property, recognised in the period to which it relates and measured at the fair value of the consideration received or receivable. Tenancy deposits held are not income and are shown within creditors.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on a straight-line basis over estimated useful lives of three years, limited to the remaining carrying amount.

Valuation and information policy

Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Other accounting policies

Taxation comprises current tax, recognised at the amount expected to be paid or recovered using the tax rates and laws enacted at the balance sheet date, including adjustments in respect of prior periods.

ABNG (PROPERTIES) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 0 0

ABNG (PROPERTIES) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible Assets

Total
Cost £
At 01 January 2025 17,612
Additions 3,355
At 31 December 2025 20,967
Depreciation
At 01 January 2025 15,181
Charge for year 2,612
Other adjustments (1)
At 31 December 2025 17,792
Net book value
At 31 December 2025 3,175
At 31 December 2024 2,431

ABNG (PROPERTIES) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Fixed investments

Investment property. Valuation at 1 January 2025: £1,524,097. At 31 December 2025: £1,524,097. Investment property comprises residential properties held for letting and is shown at its most recent valuation.

ABNG (PROPERTIES) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

5. Creditors: amounts falling due after more than one year note

Creditors falling due after more than one year comprise mortgages of £1,135,128 (2024: £1,135,128) and directors’ loan account of £338,560 (2024: £414,929). The mortgages are secured by legal charges over the company’s investment properties and are repayable in single sums at the end of their terms. The whole of the mortgages, £1,135,128 (2024: £1,135,128), falls due after more than five years.