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REGISTERED NUMBER: 13678500 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Boyd Peill Properties Ltd

Boyd Peill Properties Ltd (Registered number: 13678500)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Boyd Peill Properties Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mr R A Peill
Mrs C E Peill





REGISTERED OFFICE: 2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR





REGISTERED NUMBER: 13678500 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

Boyd Peill Properties Ltd (Registered number: 13678500)

Balance Sheet
30 November 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 390,000 390,000

CURRENT ASSETS
Debtors: amounts falling due after more than
one year

5

40,000

21,000
Cash at bank 132 3,480
40,132 24,480
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

(21,305

)

(1,050

)
NET CURRENT ASSETS 18,827 23,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

408,827

413,430

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE YEAR

7

349,614

349,935

PROVISIONS FOR LIABILITIES 17,452 17,452

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 52,356 52,356
Retained earnings (10,695 ) (6,413 )
41,761 46,043
408,827 413,430

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Boyd Peill Properties Ltd (Registered number: 13678500)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:





Mr R A Peill - Director


Boyd Peill Properties Ltd (Registered number: 13678500)

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

1. STATUTORY INFORMATION

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

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 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 390,000
NET BOOK VALUE
At 30 November 2024 390,000
At 30 November 2023 390,000

Boyd Peill Properties Ltd (Registered number: 13678500)

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

4. INVESTMENT PROPERTY - continued

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2023 69,808
Cost 320,192
390,000

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

2024 2023
£    £   
Cost 320,192 320,192

Investment property was valued on an open market basis on 30 November 2023 by Mr R A Peill .

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed by group undertakings 40,000 21,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 175 -
Accruals and deferred income 16,200 -
Accrued expenses 4,930 1,050
21,305 1,050

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yrs non-inst 260,545 260,545
Amounts owed to group undertakings 85,000 85,000
Directors' loan accounts 4,069 4,390
349,614 349,935

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 260,545 260,545

Boyd Peill Properties Ltd (Registered number: 13678500)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 260,545 260,545

Bank loans are secured against the value of the property.

9. FINANCIAL INSTRUMENTS

Bank loans are measured at cost.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
Mr R A Peill and Mrs C E Peill
Balance outstanding at start of year (4,390 ) (4,870 )
Amounts advanced 571 3,780
Amounts repaid (250 ) (3,300 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,069 ) (4,390 )

11. RELATED PARTY DISCLOSURES

Waterside Investments (Kendal) Ltd

A company in which Mr Peill is a shareholder.


A loan of £187,000 was received during the year from Waterside Investments (Kendal) Ltd.

2024 2023
£    £   
Amount due to related party at the balance sheet date 85,000 85,000

Peill Clarke Developments Ltd

A company in which Mr Peill is a shareholder.


A loan of £65,000 was issued during the year to Peill Clarke Developments Ltd.

2024 2023
£    £   
Amount due from related party at the balance sheet date 21,000 21,000

Boyd Peill Properties Ltd (Registered number: 13678500)

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

11. RELATED PARTY DISCLOSURES - continued

Peill Properties Ltd

A company in which Mr R A Peill is a shareholder


Loans to the value of £31,700 were made during the year and £12,700 was repaid.

2024 2023
£    £   
Amount due from related party at the balance sheet date 19,000 -

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Boyd Peill Properties Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Boyd Peill Properties Ltd for the year ended 30 November 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Boyd Peill Properties Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Boyd Peill Properties Ltd and state those matters that we have agreed to state to the Board of Directors of Boyd Peill Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Boyd Peill Properties Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Boyd Peill Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Boyd Peill Properties Ltd. You consider that Boyd Peill Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Boyd Peill Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................