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REGISTERED NUMBER: 03559690 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BOLDER PROPERTIES LIMITED

BOLDER PROPERTIES LIMITED (REGISTERED NUMBER: 03559690)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BOLDER PROPERTIES LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTOR: Mrs G Nelson



SECRETARY: Mrs G Nelson



REGISTERED OFFICE: 152 Prescot Road
Aughton
Ormskirk
Lancashire
L39 5AG



REGISTERED NUMBER: 03559690 (England and Wales)



ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB



BANKERS: Natwest Bank Plc
34 Moor Street
Ormskirk
Lancashire
L39 2AL

BOLDER PROPERTIES LIMITED (REGISTERED NUMBER: 03559690)

STATEMENT OF FINANCIAL POSITION
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,500,000 1,500,000

CURRENT ASSETS
Cash at bank 36,891 11,608

CREDITORS
Amounts falling due within one year 5 58,698 42,206
NET CURRENT LIABILITIES (21,807 ) (30,598 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,478,193

1,469,402

CREDITORS
Amounts falling due after more than one
year

6

(418,193

)

(419,042

)

PROVISIONS FOR LIABILITIES (193,750 ) (193,750 )
NET ASSETS 866,250 856,610

CAPITAL AND RESERVES
Called up share capital 74 74
Capital redemption reserve 8 26 26
Non distributable reserve 8 355,036 355,036
Retained earnings 8 511,114 501,474
SHAREHOLDERS' FUNDS 866,250 856,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

BOLDER PROPERTIES LIMITED (REGISTERED NUMBER: 03559690)

STATEMENT OF FINANCIAL POSITION - continued
31 March 2025


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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2025 and were signed by:





Mrs G Nelson - Director


BOLDER PROPERTIES LIMITED (REGISTERED NUMBER: 03559690)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Bolder Properties 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.

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 receivable for rent, exclusive of value added tax.

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 cost

Tangible fixed assets are stated at cost less depreciation and impairment.

Financial instruments
Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost using effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

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.

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.

Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

BOLDER PROPERTIES LIMITED (REGISTERED NUMBER: 03559690)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Investment and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 April 2024
and 31 March 2025 1,500,000 86,512 1,586,512
DEPRECIATION
At 1 April 2024
and 31 March 2025 - 86,512 86,512
NET BOOK VALUE
At 31 March 2025 1,500,000 - 1,500,000
At 31 March 2024 1,500,000 - 1,500,000

The properties were valued on a fair value basis by the director using information obtained from local property agents.

Cost or valuation at 31 March 2025 is represented by:

Fixtures
Investment and
property fittings Totals
£    £    £   
Valuation in 2002 209,454 - 209,454
Valuation in 2003 20,000 - 20,000
Valuation in 2005 100,000 - 100,000
Valuation in 2009 295,000 - 295,000
Valuation in 2013 255,000 - 255,000
Valuation in 2014 50,000 - 50,000
Valuation in 2016 50,000 - 50,000
Valuation in 2020 (170,000 ) - (170,000 )
Valuation in 2021 240,000 - 240,000
Cost 450,546 86,512 537,058
1,500,000 86,512 1,586,512

If the investment properties had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 450,546 450,546

BOLDER PROPERTIES LIMITED (REGISTERED NUMBER: 03559690)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Mortgage loans 12,287 -
Tax 2,641 2,942
Social security and other taxes 7,966 8,884
Directors' current accounts 30,404 24,680
Accrued expenses 5,400 5,700
58,698 42,206

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Mortgage loans 418,193 419,042

7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Mortgage loans 430,480 419,042

The mortgage loans are secured on the associated property.

8. RESERVES
Capital Non
Retained redemption distributable
earnings reserve reserve Totals
£    £    £    £   

At 1 April 2024 501,474 26 355,036 856,536
Profit for the year 9,640 - - 9,640
At 31 March 2025 511,114 26 355,036 866,176