BrightAccountsProduction v1.0.0 v1.0.0 2025-02-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company continues to be that of the letting of its own residential properties. 31 October 2026 0 0 13829221 2026-01-31 13829221 2025-01-31 13829221 2024-01-31 13829221 2025-02-01 2026-01-31 13829221 2024-02-01 2025-01-31 13829221 uk-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 13829221 uk-curr:PoundSterling 2025-02-01 2026-01-31 13829221 uk-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 13829221 uk-bus:AbridgedAccounts 2025-02-01 2026-01-31 13829221 uk-core:ShareCapital 2026-01-31 13829221 uk-core:ShareCapital 2025-01-31 13829221 uk-core:RetainedEarningsAccumulatedLosses 2026-01-31 13829221 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 13829221 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2026-01-31 13829221 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 13829221 uk-bus:FRS102 2025-02-01 2026-01-31 13829221 2025-02-01 2026-01-31 13829221 uk-bus:CompanySecretaryDirector1 2025-02-01 2026-01-31 13829221 uk-bus:Director2 2025-02-01 2026-01-31 13829221 uk-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 13829221
 
 
Applewick Properties Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 January 2026
Applewick Properties Limited
Company Registration Number: 13829221
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 January 2026

2026 2025
Notes £ £
 
Non-Current Assets
Property, plant and equipment 5 577,774 577,774
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Current Assets
Debtors 650 -
Cash and cash equivalents 31,634 22,988
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32,284 22,988
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Creditors: amounts falling due within one year (474,287) (476,086)
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Net Current Liabilities (442,003) (453,098)
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Total Assets less Current Liabilities 135,771 124,676
 
Creditors:
amounts falling due after more than one year (112,250) (112,250)
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Net Assets 23,521 12,426
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Capital and Reserves
Called up share capital 4 4
Retained earnings 23,517 12,422
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Equity attributable to owners of the company 23,521 12,426
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Directors' Report.
For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 31 October 2026 and signed on its behalf by
           
           
________________________________          
Mr Andrew Havery          
Director          
           
           
________________________________
Mrs Rachel Havery
Director
           



Applewick Properties Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 January 2026

   
1. General Information
 
Applewick Properties Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 13829221. The registered office of the company is Telegraph House, 80 Cleethorpe Road, Grimsby, N E Lincolnshire, DN31 3EF, United Kingdom which is also the principal place of business of the company. The principal activity of the company continues to be that of the letting of its own residential properties. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 January 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Income Statement.

 
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Going concern
 
Specifically in connection with the current economic climate, the directors have considered the impact on the business and they are satisfied that the company has sufficient financial headroom to continue trading for at least the next twelve months. For this reason the financial statements have been prepared on a going concern basis.
       
4. Employees
 
The average monthly number of employees, including directors, during the financial year was 0, (2025 - 0).
       
5. Property, plant and equipment
  Investment Total
  properties  
     
  £ £
Cost
At 1 February 2025 577,774 577,774
  ───────── ─────────
 
At 31 January 2026 577,774 577,774
  ───────── ─────────
Depreciation
At 1 February 2025 - -
  ───────── ─────────
At 31 January 2026 - -
  ───────── ─────────
Net book value
At 31 January 2026 577,774 577,774
  ═════════ ═════════
At 31 January 2025 577,774 577,774
  ═════════ ═════════
       
6. Details of creditors 2026 2025
  £ £
Debts falling due for repayment after the end of five years
 
Creditors repayable other than by instalments:
Bank loan 111,250 112,250
  ═════════ ═════════
 
Security given in respect of creditors
Paragon Bank Plc holds a fixed charge dated 8 November 2022 over the company's freehold property known as Cortina, Humberston Road, Grimsby, DN36 5NJ
       
7. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 January 2026.
   
8. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.