Registered number: 7777202 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Baltonsborough Properties Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Miss N Claydon | ||||||||
REGISTERED OFFICE | ||||||||
Somerset | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 7777202 | ||||||||
Baltonsborough Properties Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Baltonsborough Properties Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | ||||||||||
Investment Assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
348,910 | 466,672 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (1,723,205) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 8,250,000 | 7,000,000 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Share premium account | 9 | |||||||||
Profit and loss account | 1,600,151 | 648,040 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Baltonsborough Properties Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1c. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
Additions | 500,000 | 500,000 | |||||||
At 31/03/2023 | 500,000 | 500,000 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/03/2023 | 500,000 | 500,000 | |||||||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 30,611 | 21,274 | ||||||
30,611 | 21,274 | |||||||
Baltonsborough Properties Limited | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 64,526 | 52,883 | ||||||
Directors current account | 1,240,508 | 1,008,316 | ||||||
Other Loans | 1,095,024 | 1,043,219 | ||||||
Other creditors | 24,801 | 25,616 | ||||||
Accruals | 37,472 | 31,115 | ||||||
Prepaid income | 26,032 | 28,728 | ||||||
2,488,363 | 2,189,877 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 8,250,000 | 7,000,000 | ||||||
8,250,000 | 7,000,000 | |||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
7. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 235,943 | 30,221 | ||||||
235,943 | 30,221 | |||||||
Baltonsborough Properties Limited | ||||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
3017 | 3017 | |||||||
1137 | 1137 | |||||||
496 | 496 | |||||||
100 | 100 | |||||||
4,750 | 4,750 | |||||||
9. SHARE PREMIUM ACCOUNT | 2023 | 2022 | ||||
£ | £ | |||||
Share premium account | 1,465,416 | 1,465,416 |
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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11. RETAINED EARNINGS BREAKDOWN | ||||||||
Included in retained earnings is £1,111,051 (2022: £234,025) of profit which are not available for distribution as they are unrealised. | ||||||||