ABNG (PROPERTIES) NC LTD

Company Registration Number:
14020324 (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) NC LTD

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

ABNG (PROPERTIES) NC LTD

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 524 1,824
Investments: 4 489,291 489,291
Total fixed assets: 489,815 491,115
Current assets
Cash at bank and in hand: 14,862 36,850
Total current assets: 14,862 36,850
Creditors: amounts falling due within one year:   (8,209) (39,091)
Net current assets (liabilities): 6,653 (2,241)
Total assets less current liabilities: 496,468 488,874
Creditors: amounts falling due after more than one year: 5 (472,424) (481,070)
Total net assets (liabilities): 24,044 7,804
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 24,043 7,803
Shareholders funds: 24,044 7,804

The notes form part of these financial statements

ABNG (PROPERTIES) NC 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 28 October 2026
and signed on behalf of the board by:

Name: Mr N Chow
Status: Director

The notes form part of these financial statements

ABNG (PROPERTIES) NC 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) NC 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) NC LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible Assets

Total
Cost £
At 01 January 2025 11,282
At 31 December 2025 11,282
Depreciation
At 01 January 2025 9,458
Charge for year 1,300
At 31 December 2025 10,758
Net book value
At 31 December 2025 524
At 31 December 2024 1,824

ABNG (PROPERTIES) NC LTD

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Fixed investments

Investment property. Valuation at 1 January 2025: £489,291. At 31 December 2025: £489,291. Investment property comprises a residential property held for letting and is shown at its most recent valuation. The director considers that its fair value at 31 December 2025 is not materially different from its historical cost of £489,291 (2024: £489,291).

ABNG (PROPERTIES) NC 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 a mortgage of £345,070 (2024: £345,070) and the director’s loan account of £127,354 (2024: £136,000). The mortgage is secured by a legal charge over the company’s investment property and is repayable in a single sum at the end of its term. The whole of the mortgage, £345,070 (2024: £345,070), falls due after more than five years. During the year expenses of £37,294 paid personally by the director on the company’s behalf (2024: £31,741, included in other creditors) were transferred to the director’s loan account.