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REGISTERED NUMBER: 00680217 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Birtles (House Builders) Limited

Birtles (House Builders) Limited (Registered number: 00680217)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Birtles (House Builders) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr Peter William Kent Webber
Mrs Janet Mary Webber



REGISTERED OFFICE: Queen Street Chambers
68 Queen Street
Sheffield
South Yorkshire
S1 1WR



REGISTERED NUMBER: 00680217 (England and Wales)



ACCOUNTANTS: Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR



BANKERS: Natwest
PO Box 120
42 High Street
Sheffield
South Yorkshire
S1 2GE



SOLICITORS: Ilett & Clark
86 Bridge Street
Worksop
Nottinghamshire
S80 1JF

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Birtles (House Builders) Limited


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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report 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 Birtles (House Builders) Limited for the year ended 31 March 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity 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 Birtles (House Builders) Limited, 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 Birtles (House Builders) Limited and state those matters that we have agreed to state to the Board of Directors of Birtles (House Builders) Limited, 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 Birtles (House Builders) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Birtles (House Builders) Limited 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 Birtles (House Builders) Limited. You consider that Birtles (House Builders) Limited 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 Birtles (House Builders) Limited. 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.






Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR


18 March 2025

Birtles (House Builders) Limited (Registered number: 00680217)

Statement of Financial Position
31 March 2024

31/3/24 31/3/23
Notes £    £   
FIXED ASSETS
Tangible assets 5 31 35
Investment property 6 537,000 537,000
537,031 537,035

CURRENT ASSETS
Debtors 7 224,234 246,752
Cash at bank 28,777 16,520
253,011 263,272
CREDITORS
Amounts falling due within one year 8 (2,124 ) (2,181 )
NET CURRENT ASSETS 250,887 261,091
TOTAL ASSETS LESS CURRENT LIABILITIES 787,918 798,126

PROVISIONS FOR LIABILITIES (109,446 ) (111,944 )
NET ASSETS 678,472 686,182

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 72,473 72,473
Retained earnings 605,899 613,609
SHAREHOLDERS' FUNDS 678,472 686,182

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

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

Birtles (House Builders) Limited (Registered number: 00680217)

Statement of Financial Position - continued
31 March 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 18 March 2025 and were signed on its behalf by:





Mrs Janet Mary Webber - Director


Birtles (House Builders) Limited (Registered number: 00680217)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Birtles (House Builders) 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts chargeable in respect of rental income derived from the investment properties held by the company. Revenue is recognised net of rebates and discounts upon establishment of a rental agreement with the tenant, accruing for rental income over the rental period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance
Computer equipment - 20% on cost

Tangible fixed assets are initially measured at cost. Subsequently, they are measured at cost less accumulated depreciation and impairment losses.

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
Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.


Birtles (House Builders) Limited (Registered number: 00680217)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


3. 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 415 1,110 1,525
DEPRECIATION
At 1 April 2023 380 1,110 1,490
Charge for year 4 - 4
At 31 March 2024 384 1,110 1,494
NET BOOK VALUE
At 31 March 2024 31 - 31
At 31 March 2023 35 - 35

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 537,000
NET BOOK VALUE
At 31 March 2024 537,000
At 31 March 2023 537,000

Birtles (House Builders) Limited (Registered number: 00680217)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


6. INVESTMENT PROPERTY - continued

The Freehold land and Investment properties class of fixed assets were retrospectively revalued on 5 October 2019 by Fisher German, Chartered Surveyors who are external to the company. The basis of this valuation was open market. The directors have subsequently reviewed these valuations and do not consider there has been any change in these valuations as at the 31 March 2024.

This class of assets has a current value of £537,000 (2023 - £537,000).

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 566 666
Other debtors 222,076 246,086
Prepayments 1,592 -
224,234 246,752

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Tax - 213
Accruals and deferred income 2,124 1,968
2,124 2,181

Birtles (House Builders) Limited (Registered number: 00680217)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


9. RELATED PARTY DISCLOSURES

Summary of Transactions with Associates

Aston Investments Limited

Aston Investments Limited is a company under common directorate to that of Birtles (House Builders) Limited.

During the year the company loaned to Aston Investments Limited the sum of £nil (2023- £1,483).
During the year the company was repaid by Aston Investments Limited the sum of £20,409 (2023-£nil)

At the balance sheet date the amount due from Aston Investments Limited was £2,189 (2023 - £22,598).

Summary of Transactions with other related parties

C L & H Developments Limited

C L & H Developments Limited is a company under common directorate to that of Birtles (House Builders) Limited.

Birtles (House Builders) Limited loaned the sum of £80,000 to C L & H Developments Limited in an earlier accounting period. At the balance sheet date the amount due from C L & H Developments Limited was £80,000 (2023 - £80,000).


The Z Birtles 2nd Discretionary Trust

The Z Birtles 2nd Discretionary Trust is a trust whom the beneficiaries are the children of Mr P W K Webber and Mrs J M Webber who are both directors and Mrs J M Webber is a shareholder of the company.

During the year the company loaned The Z Birtles 2nd Discretionary Trust the sum of £1,129 (2023 - £24,628) and was repaid the sum of £4,729 (2023 - £31,903).
.
At the balance sheet date the amount due from The Z Birtles 2nd Discretionary Trust was £2,388 (2023 - £5,988).

Mr H P K Webber

Mr H P K Webber is the son of Mr P W K Webber and Mrs J M Webber who are both directors and Mrs J M Webber a shareholder of the company.

The company loaned Mr H P K Webber the sum of £110,000 in an earlier accounting period. Interest of £2,475 (2023 - £1,925) was charged by the company during the year.

At the balance sheet date the amount due from Mr H P K Webber was £110,000 (2023 - £110,000).