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REGISTERED NUMBER: 13347794 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

APPLEYARD PROPERTY LIMITED

APPLEYARD PROPERTY LIMITED (REGISTERED NUMBER: 13347794)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APPLEYARD PROPERTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: D J W Baines





REGISTERED OFFICE: St James' Hall
Mill Road
Lancing
West Sussex
BN15 0PT





REGISTERED NUMBER: 13347794 (England and Wales)





ACCOUNTANTS: Peter Jarman LLP
trading as
Peter Jarman & Company
1 Harbour House
Harbour Way
Shoreham by Sea
West Sussex
BN43 5HZ

APPLEYARD PROPERTY LIMITED (REGISTERED NUMBER: 13347794)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 115,000 110,000

CURRENT ASSETS
Debtors 5 1,996 2,036
Cash at bank 5,620 1,040
7,616 3,076
CREDITORS
Amounts falling due within one year 6 (43,324 ) (36,872 )
NET CURRENT LIABILITIES (35,708 ) (33,796 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,292

76,204

CREDITORS
Amounts falling due after more than one
year

7

(82,452

)

(82,447

)

PROVISIONS FOR LIABILITIES 9 (1,413 ) (463 )
NET LIABILITIES (4,573 ) (6,706 )

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 10 6,024 1,974
Retained earnings (10,598 ) (8,681 )
(4,573 ) (6,706 )

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 director acknowledges his 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.

APPLEYARD PROPERTY LIMITED (REGISTERED NUMBER: 13347794)

BALANCE SHEET - continued
30 APRIL 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 January 2025 and were signed by:





D J W Baines - Director


APPLEYARD PROPERTY LIMITED (REGISTERED NUMBER: 13347794)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Appleyard Property 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.

Turnover
Turnover represents rents receivable on investment properties for the accounting period.

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 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 110,000
Revaluations 5,000
At 30 April 2024 115,000
NET BOOK VALUE
At 30 April 2024 115,000
At 30 April 2023 110,000

APPLEYARD PROPERTY LIMITED (REGISTERED NUMBER: 13347794)

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 2022 737
Valuation in 2023 1,700
Valuation in 2024 5,000
Cost 107,563
115,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 107,563 108,300

Investment property was valued on an open market basis on 30 April 2024 by the director .

The investment property which originally cost £107,563 was revalued during the year to £115,000 (2023: £110,000)

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,996 2,036

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 43,324 36,872

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 82,452 82,447

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Interest only mortgage 82,452 82,447

APPLEYARD PROPERTY LIMITED (REGISTERED NUMBER: 13347794)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Remortgage - 82,447

Included in creditors due after 1 year is an amount of £82,447 which is secured on the property.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,413 463

Deferred
tax
£   
Balance at 1 May 2023 463
Fair value revaluation 950
Balance at 30 April 2024 1,413

10. RESERVES
Fair
value
reserve
£   
At 1 May 2023 1,974
Non-distributable reserve 4,050

At 30 April 2024 6,024