REGISTERED NUMBER: 04868753 (England and Wales)

ASHBURN ESTATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Sharma

Mr M Sharma

SECRETARY:

Mr D Sharma

REGISTERED OFFICE:

Shoreditch Works,Studio 11,

2-20 Scrutton Street

Shoreditch

London

EC2A 4RJ

REGISTERED NUMBER:

04868753 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Tangible assets

4

5,264,914

5,529,210

Investments

5

100

100

5,265,014

5,529,310

CURRENT ASSETS

Debtors

6

963,513

519,982

Cash at bank

792,169

419,336

1,755,682

939,318

CREDITORS

Amounts falling due within one year

7

2,015,248

1,006,296

NET CURRENT LIABILITIES

(259,566

)

(66,978

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,005,448

5,462,332

CREDITORS

Amounts falling due after more than one year

8

(1,950,944

)

(2,080,069

)

PROVISIONS FOR LIABILITIES

10

(1,072,168

)

(1,015,542

)

NET ASSETS

1,982,336

2,366,721

CAPITAL AND RESERVES

Called up share capital

11

6

6

Revaluation reserve

12

1,696,435

1,696,435

Retained earnings

12

285,895

670,280

SHAREHOLDERS' FUNDS

1,982,336

2,366,721

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 27 November 2025 and were signed on its behalf by:

Mr M Sharma - Director

1.	STATUTORY INFORMATION

Ashburn Estates 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property

-

equal installments over the lease term

Plant and machinery

-

15% on reducing balance

Fixtures & equipments

-

20% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Leasehold

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

3,707,976

2,498,370

419,104

Additions

99,799

11,040

-

Reclassification/transfer

823,059

(823,059

)

-

At 31 March 2025

4,630,834

1,686,351

419,104

DEPRECIATION

At 1 April 2024

-

838,640

355,687

Charge for year

-

337,270

9,513

At 31 March 2025

-

1,175,910

365,200

NET BOOK VALUE

At 31 March 2025

4,630,834

510,441

53,904

At 31 March 2024

3,707,976

1,659,730

63,417

Fixtures

Motor

Computer

& equipments

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

978,362

55,707

26,338

7,685,857

Additions

-

-

-

110,839

Reclassification/transfer

-

-

-

-

At 31 March 2025

978,362

55,707

26,338

7,796,696

DEPRECIATION

At 1 April 2024

911,033

27,854

23,433

2,156,647

Charge for year

13,466

13,927

959

375,135

At 31 March 2025

924,499

41,781

24,392

2,531,782

NET BOOK VALUE

At 31 March 2025

53,863

13,926

1,946

5,264,914

At 31 March 2024

67,329

27,853

2,905

5,529,210

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

100

At 31 March 2024

100

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

924

22,173

Amount due from related company

902,815

459

Prepayments

14,774

17,350

918,513

39,982

Amounts falling due after more than one year:

Other debtors

45,000

480,000

Aggregate amounts

963,513

519,982

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 9)

181,511

68,054

Trade creditors

78,715

165,849

Amounts owed to group undertakings

954,324

-

Tax

-

1

Social security and other taxes

1,544

1,561

VAT

31,528

3,212

Other creditors

544,972

540,003

Amount due to related company

217,654

222,616

Accrued expenses

5,000

5,000

2,015,248

1,006,296

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 9)

1,950,944

2,080,069

31.3.25

31.3.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

1,043,389

239,798

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank loans

181,511

68,054

Amounts falling due between one and two years:

Bank loans - 1-2 years

363,022

136,108

Amounts falling due between two and five years:

Bank loans - 2-5 years

544,533

1,704,163

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

1,043,389

239,798

10.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

1,072,168

1,015,542

Deferred

tax

£

Balance at 1 April 2024

1,015,542

Provided during year

56,626

Balance at 31 March 2025

1,072,168

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

6

Ordinary

£1

6

6

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2024

670,280

1,696,435

2,366,715

Deficit for the year

(384,385

)

(384,385

)

At 31 March 2025

285,895

1,696,435

1,982,330

13.	ULTIMATE CONTROLLING PARTY