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Company Registration No. 03068567 (England and Wales)
Bylin Properties Limited Unaudited accounts for the year ended 30 June 2024
Bylin Properties Limited Unaudited accounts Contents
Page
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Bylin Properties Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
98,773 
99,133 
Current assets
Debtors
- 
2,000 
Cash at bank and in hand
478 
2,186 
478 
4,186 
Creditors: amounts falling due within one year
(88,656)
(86,342)
Net current liabilities
(88,178)
(82,156)
Total assets less current liabilities
10,595 
16,977 
Creditors: amounts falling due after more than one year
(4,027)
(10,138)
Net assets
6,568 
6,839 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
6,566 
6,837 
Shareholders' funds
6,568 
6,839 
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 22 March 2025 and were signed on its behalf by
Byron Paul Butler Director Company Registration No. 03068567
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Bylin Properties Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Bylin Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 03068567. The registered office is Bylin House, Clay Lake, Endon, Stoke-on-Trent, Staffordshire, ST9 9BT, 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.
Turnover
Turnover represents the value of goods provided to customers and work carried out in respect of services provided to customers. The company was not registered for VAT during the year.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
the directors are of the opinion that land and buildings do not need to depreciated any further.
Fixtures & fittings
20% reducing balance method.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
118,042 
3,585 
121,627 
At 30 June 2024
118,042 
3,585 
121,627 
Depreciation
At 1 July 2023
20,729 
1,765 
22,494 
Charge for the year
- 
360 
360 
At 30 June 2024
20,729 
2,125 
22,854 
Net book value
At 30 June 2024
97,313 
1,460 
98,773 
At 30 June 2023
97,313 
1,820 
99,133 
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Bylin Properties Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
2,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,120 
- 
Trade creditors
329 
308 
Taxes and social security
690 
2,156 
Loans from directors
84,517 
83,878 
88,656 
86,342 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,027 
10,138 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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