1 June 2023 false No description of principal activity Taxfiler 2024.6 14088182business:PrivateLimitedCompanyLtd2023-06-012024-05-31 140881822023-05-31 140881822023-06-012024-05-31 14088182business:AuditExemptWithAccountantsReport2023-06-012024-05-31 14088182business:FilletedAccounts2023-06-012024-05-31 140881822024-05-31 14088182business:Director12023-06-012024-05-31 14088182business:RegisteredOffice2023-06-012024-05-31 140881822023-05-31 14088182core:WithinOneYear2024-05-31 14088182core:WithinOneYear2023-05-31 14088182core:AfterOneYear2024-05-31 14088182core:AfterOneYear2023-05-31 14088182core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 14088182core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 14088182core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 14088182core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 14088182core:PreviouslyStatedAmount2024-05-31 14088182core:PreviouslyStatedAmount2023-05-31 14088182business:SmallEntities2023-06-012024-05-31 14088182countries:EnglandWales2023-06-012024-05-31 140881822022-05-052023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 14088182 (England and Wales)
Birchside Properties Limited Unaudited accounts for the year ended 31 May 2024
Birchside Properties Limited Unaudited accounts Contents
Page
- 2 -
Birchside Properties Limited Company Information for the year ended 31 May 2024
Director
Mark Nicholls
Company Number
14088182 (England and Wales)
Registered Office
39 Cedarville Gardens London London SW16 3DA England
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
- 3 -
Birchside Properties Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
2,235,745 
2,235,745 
Current assets
Debtors
307,061 
163,614 
Cash at bank and in hand
13,571 
- 
320,632 
163,614 
Creditors: amounts falling due within one year
(47,541)
(10,843)
Net current assets
273,091 
152,771 
Total assets less current liabilities
2,508,836 
2,388,516 
Creditors: amounts falling due after more than one year
(2,345,430)
(2,345,430)
Net assets
163,406 
43,086 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
162,406 
42,086 
Shareholders' funds
163,406 
43,086 
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 November 2024 and were signed on its behalf by
Mark Nicholls Director Company Registration No. 14088182
- 4 -
Birchside Properties Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Birchside Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14088182. The registered office is 39 Cedarville Gardens, London, London, SW16 3DA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Asset purchase took place on 26 January 2023. Investment property is included at cost of transfer.
4
Investment property
2024 
£ 
Fair value at 1 June 2023
2,235,745 
At 31 May 2024
2,235,745 
Investment properties are held at cost. Three charges exist on the properties registered on 26 January 2023.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
124 
Accrued income and prepayments
34,478 
41,980 
Other debtors
272,583 
121,510 
307,061 
163,614 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,562 
- 
Taxes and social security
38,278 
9,872 
Other creditors
5,001 
- 
Accruals
1,700 
971 
47,541 
10,843 
- 5 -
Birchside Properties Limited Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,345,430 
2,345,430 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -