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REGISTERED NUMBER: 11468855 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BLEACH PROPERTIES LTD

BLEACH PROPERTIES LTD (REGISTERED NUMBER: 11468855)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BLEACH PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: B J Chambers
T Chambers





REGISTERED OFFICE: 4 Office Village
Forder Way, Cygnet Park
Hampton
Peterborough
Cambridgshire
PE7 8GX





REGISTERED NUMBER: 11468855 (England and Wales)





ACCOUNTANTS: TC CH Limited
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

BLEACH PROPERTIES LTD (REGISTERED NUMBER: 11468855)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,939,000 2,939,000

CURRENT ASSETS
Debtors 5 2,604 263
Cash at bank 128,070 93,712
130,674 93,975
CREDITORS
Amounts falling due within one year 6 32,647 24,783
NET CURRENT ASSETS 98,027 69,192
TOTAL ASSETS LESS CURRENT LIABILITIES 3,037,027 3,008,192

CREDITORS
Amounts falling due after more than one
year

7

(1,353,560

)

(1,353,560

)

PROVISIONS FOR LIABILITIES 8 (155,634 ) (68,745 )
NET ASSETS 1,527,833 1,585,887

CAPITAL AND RESERVES
Called up share capital 1,003 1,003
Share premium 908,608 908,608
Revaluation reserve 9 466,901 622,534
Retained earnings 151,321 53,742
SHAREHOLDERS' FUNDS 1,527,833 1,585,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

BLEACH PROPERTIES LTD (REGISTERED NUMBER: 11468855)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 17 March 2025 and were signed on its behalf by:





B J Chambers - Director


BLEACH PROPERTIES LTD (REGISTERED NUMBER: 11468855)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Bleach 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management
in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely
equal the related actual outcome. There have been no key assumptions or other sources of estimation
uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of
assets and liabilities within the next financial year.

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.

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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 statement of financial position date.

BLEACH PROPERTIES LTD (REGISTERED NUMBER: 11468855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 2,939,000
NET BOOK VALUE
At 31 July 2024 2,939,000
At 31 July 2023 2,939,000

The investment properties were valued on an open market basis on 31.07.2024 by the directors.

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2019 183,566
Valuation in 2021 2,190,334
Valuation in 2022 290,100
Valuation in 2023 275,000
2,939,000

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

2024 2023
£    £   
Cost 2,939,000 2,939,000

The investment property was valued on an open market basis on 31 July 2024 by the director .

BLEACH PROPERTIES LTD (REGISTERED NUMBER: 11468855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 619 263
Accrued Income 1,985 -
2,604 263

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 5,887 (3,318 )
Other creditors 1,879 1,604
Directors' current accounts 22,256 23,997
Deferred Income 760 760
Accrued expenses 1,865 1,740
32,647 24,783

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Mortgage 1,353,560 1,353,560

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage 1,353,560 1,353,560

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 155,634 68,745

Deferred
tax
£   
Balance at 1 August 2023 68,745
Provided during year 86,889
Balance at 31 July 2024 155,634

BLEACH PROPERTIES LTD (REGISTERED NUMBER: 11468855)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


9. RESERVES
Revaluation
reserve
£   
At 1 August 2023 622,534
Property revaluation (155,633 )

At 31 July 2024 466,901

10. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £22,256 ( 2023: £23,997) owed to the directors. This amount is interest free and payable on demand.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr and Mrs Chambers by virtue of their shareholdings.