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REGISTERED NUMBER: 08510370 (England and Wales)
















































Financial Statements

for the Year Ended 30 April 2024

for

BTPS Partnership (Chippenham) Limited

BTPS Partnership (Chippenham) Limited (Registered number: 08510370)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BTPS Partnership (Chippenham) Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: T R Parkins
M R Parkins
P J Oakey
Mrs S J Arnold





REGISTERED OFFICE: 20-22 The Bridge
Chippenham
Wiltshire
SN15 1EX





REGISTERED NUMBER: 08510370 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

BTPS Partnership (Chippenham) Limited (Registered number: 08510370)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 346,500 330,000

CURRENT ASSETS
Cash at bank 6,953 18,889

CREDITORS
Amounts falling due within one year 5 70,573 102,568
NET CURRENT LIABILITIES (63,620 ) (83,679 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

282,880

246,321

PROVISIONS FOR LIABILITIES 25,919 21,794
NET ASSETS 256,961 224,527

CAPITAL AND RESERVES
Called up share capital 400 400
Fair value reserve 6 77,755 65,380
Retained earnings 178,806 158,747
SHAREHOLDERS' FUNDS 256,961 224,527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 2 August 2024 and were signed on its behalf by:





M R Parkins - Director


BTPS Partnership (Chippenham) Limited (Registered number: 08510370)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

BTPS Partnership (Chippenham) 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 as modified by the revaluation of certain assets.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 330,000
Revaluations 16,500
At 30 April 2024 346,500
NET BOOK VALUE
At 30 April 2024 346,500
At 30 April 2023 330,000

BTPS Partnership (Chippenham) Limited (Registered number: 08510370)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INVESTMENT PROPERTY - continued

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2013 242,826
Valuation in 2023 87,174
Valuation in 2024 16,500
346,500

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors - 34
Other creditors 70,573 102,534
70,573 102,568

6. RESERVES
Fair
value
reserve
£   
At 1 May 2023 65,380
Property revaluation 12,375

At 30 April 2024 77,755