2023-07-012024-06-302024-06-30false13449519BTB PROPERTY MANAGEMENT LTD2024-07-14falseiso4217:GBPxbrli:pure134495192023-07-01134495192024-06-30134495192023-07-012024-06-30134495192022-07-01134495192023-06-30134495192022-07-012023-06-3013449519bus:SmallEntities2023-07-012024-06-3013449519bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3013449519bus:FullAccounts2023-07-012024-06-3013449519bus:PrivateLimitedCompanyLtd2023-07-012024-06-3013449519core:WithinOneYear2024-06-3013449519core:AfterOneYear2024-06-3013449519core:WithinOneYear2023-06-3013449519core:AfterOneYear2023-06-3013449519core:ShareCapital2024-06-3013449519core:SharePremium2024-06-3013449519core:RevaluationReserve2024-06-3013449519core:OtherReservesSubtotal2024-06-3013449519core:RetainedEarningsAccumulatedLosses2024-06-3013449519core:ShareCapital2023-06-3013449519core:SharePremium2023-06-3013449519core:RevaluationReserve2023-06-3013449519core:OtherReservesSubtotal2023-06-3013449519core:RetainedEarningsAccumulatedLosses2023-06-3013449519core:LandBuildings2024-06-3013449519core:PlantMachinery2024-06-3013449519core:Vehicles2024-06-3013449519core:FurnitureFittings2024-06-3013449519core:OfficeEquipment2024-06-3013449519core:NetGoodwill2024-06-3013449519core:IntangibleAssetsOtherThanGoodwill2024-06-3013449519core:ListedExchangeTraded2024-06-3013449519core:UnlistedNon-exchangeTraded2024-06-3013449519core:LandBuildings2023-06-3013449519core:PlantMachinery2023-06-3013449519core:Vehicles2023-06-3013449519core:FurnitureFittings2023-06-3013449519core:OfficeEquipment2023-06-3013449519core:NetGoodwill2023-06-3013449519core:IntangibleAssetsOtherThanGoodwill2023-06-3013449519core:ListedExchangeTraded2023-06-3013449519core:UnlistedNon-exchangeTraded2023-06-3013449519core:LandBuildings2023-07-012024-06-3013449519core:PlantMachinery2023-07-012024-06-3013449519core:Vehicles2023-07-012024-06-3013449519core:FurnitureFittings2023-07-012024-06-3013449519core:OfficeEquipment2023-07-012024-06-3013449519core:NetGoodwill2023-07-012024-06-3013449519core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3013449519core:ListedExchangeTraded2023-07-012024-06-3013449519core:UnlistedNon-exchangeTraded2023-07-012024-06-3013449519core:MoreThanFiveYears2023-07-012024-06-3013449519core:Non-currentFinancialInstruments2024-06-3013449519core:Non-currentFinancialInstruments2023-06-3013449519dpl:CostSales2023-07-012024-06-3013449519dpl:DistributionCosts2023-07-012024-06-3013449519core:LandBuildings2023-07-012024-06-3013449519core:PlantMachinery2023-07-012024-06-3013449519core:Vehicles2023-07-012024-06-3013449519core:FurnitureFittings2023-07-012024-06-3013449519core:OfficeEquipment2023-07-012024-06-3013449519dpl:AdministrativeExpenses2023-07-012024-06-3013449519core:NetGoodwill2023-07-012024-06-3013449519core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3013449519dpl:GroupUndertakings2023-07-012024-06-3013449519dpl:ParticipatingInterests2023-07-012024-06-3013449519dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3013449519core:ListedExchangeTraded2023-07-012024-06-3013449519dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3013449519core:UnlistedNon-exchangeTraded2023-07-012024-06-3013449519dpl:CostSales2022-07-012023-06-3013449519dpl:DistributionCosts2022-07-012023-06-3013449519core:LandBuildings2022-07-012023-06-3013449519core:PlantMachinery2022-07-012023-06-3013449519core:Vehicles2022-07-012023-06-3013449519core:FurnitureFittings2022-07-012023-06-3013449519core:OfficeEquipment2022-07-012023-06-3013449519dpl:AdministrativeExpenses2022-07-012023-06-3013449519core:NetGoodwill2022-07-012023-06-3013449519core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3013449519dpl:GroupUndertakings2022-07-012023-06-3013449519dpl:ParticipatingInterests2022-07-012023-06-3013449519dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3013449519core:ListedExchangeTraded2022-07-012023-06-3013449519dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3013449519core:UnlistedNon-exchangeTraded2022-07-012023-06-3013449519core:NetGoodwill2024-06-3013449519core:IntangibleAssetsOtherThanGoodwill2024-06-3013449519core:LandBuildings2024-06-3013449519core:PlantMachinery2024-06-3013449519core:Vehicles2024-06-3013449519core:FurnitureFittings2024-06-3013449519core:OfficeEquipment2024-06-3013449519core:AfterOneYear2024-06-3013449519core:WithinOneYear2024-06-3013449519core:ListedExchangeTraded2024-06-3013449519core:UnlistedNon-exchangeTraded2024-06-3013449519core:ShareCapital2024-06-3013449519core:SharePremium2024-06-3013449519core:RevaluationReserve2024-06-3013449519core:OtherReservesSubtotal2024-06-3013449519core:RetainedEarningsAccumulatedLosses2024-06-3013449519core:NetGoodwill2023-06-3013449519core:IntangibleAssetsOtherThanGoodwill2023-06-3013449519core:LandBuildings2023-06-3013449519core:PlantMachinery2023-06-3013449519core:Vehicles2023-06-3013449519core:FurnitureFittings2023-06-3013449519core:OfficeEquipment2023-06-3013449519core:AfterOneYear2023-06-3013449519core:WithinOneYear2023-06-3013449519core:ListedExchangeTraded2023-06-3013449519core:UnlistedNon-exchangeTraded2023-06-3013449519core:ShareCapital2023-06-3013449519core:SharePremium2023-06-3013449519core:RevaluationReserve2023-06-3013449519core:OtherReservesSubtotal2023-06-3013449519core:RetainedEarningsAccumulatedLosses2023-06-3013449519core:NetGoodwill2022-07-0113449519core:IntangibleAssetsOtherThanGoodwill2022-07-0113449519core:LandBuildings2022-07-0113449519core:PlantMachinery2022-07-0113449519core:Vehicles2022-07-0113449519core:FurnitureFittings2022-07-0113449519core:OfficeEquipment2022-07-0113449519core:AfterOneYear2022-07-0113449519core:WithinOneYear2022-07-0113449519core:ListedExchangeTraded2022-07-0113449519core:UnlistedNon-exchangeTraded2022-07-0113449519core:ShareCapital2022-07-0113449519core:SharePremium2022-07-0113449519core:RevaluationReserve2022-07-0113449519core:OtherReservesSubtotal2022-07-0113449519core:RetainedEarningsAccumulatedLosses2022-07-0113449519core:AfterOneYear2023-07-012024-06-3013449519core:WithinOneYear2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3013449519core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3013449519core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3013449519core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3013449519core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3013449519core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3013449519core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3013449519core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3013449519core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3013449519core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3013449519core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3013449519core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3013449519core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3013449519core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3013449519core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3013449519core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3013449519core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3013449519core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3013449519core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3013449519bus:Director12023-07-012024-06-3013449519bus:Director22023-07-012024-06-30

BTB PROPERTY MANAGEMENT LTD

Registered Number
13449519
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

BTB PROPERTY MANAGEMENT LTD
Company Information
for the year from 1 July 2023 to 30 June 2024

Directors

Graham Bates
Lisa Bates

Registered Address

1 Reid Court
Wilstead
Bedford
MK45 3FX

Registered Number

13449519 (England and Wales)
BTB PROPERTY MANAGEMENT LTD
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3445593
Investment property4174,452174,452
174,897175,045
Current assets
Debtors7-794
Cash at bank and on hand2,589821
2,5891,615
Creditors amounts falling due within one year8(52,037)(52,980)
Net current assets (liabilities)(49,448)(51,365)
Total assets less current liabilities125,449123,680
Creditors amounts falling due after one year9(126,368)(126,368)
Net assets(919)(2,688)
Capital and reserves
Called up share capital103103
Profit and loss account(1,022)(2,791)
Shareholders' funds(919)(2,688)
The financial statements were approved and authorised for issue by the Board of Directors on 14 July 2024, and are signed on its behalf by:
Graham Bates
Director
Lisa Bates
Director

Registered Company No. 13449519
BTB PROPERTY MANAGEMENT LTD
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The company commenced trading on 29 September 2022.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
The financial statements have been prepared on a going concern basis despite the net liability position reported at the balance sheet date. The directors will continue to support the company by way of a directors loan account, which will not be withdrawn until the company is financially solvent.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings25
Investments
Investment property is carried at fair value, derived from the market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the income statement.
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 July 23791791
At 30 June 24791791
Depreciation and impairment
At 01 July 23198198
Charge for year148148
At 30 June 24346346
Net book value
At 30 June 24445445
At 30 June 23593593
4.Investment property

£
Fair value at 01 July 23174,452
At 30 June 24174,452
5.Fixed asset investments
6.Revaluation of fixed asset investments
The carrying value of properties has been considered by the directors who have concluded that the value within the balance sheet is not materially different to the fair value at the balance sheet date.
7.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables-794
Total-794
8.Creditors: amounts due within one year

2024

2023

££
Other creditors51,44352,437
Accrued liabilities and deferred income594543
Total52,03752,980
9.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts126,368126,368
Total126,368126,368
10.Related party transactions
Within creditors due within one year is an amount of £51,443 (2023 - £52,437) due to the company directors, the loan is interest free with no fixed terms of repayment.