Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312025-05-282024-08-312025-05-282023-09-01falseDevelopment of building projects22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04515218 2023-09-01 2024-08-31 04515218 2022-09-01 2023-08-31 04515218 2024-08-31 04515218 2023-08-31 04515218 c:Director1 2023-09-01 2024-08-31 04515218 d:FreeholdInvestmentProperty 2024-08-31 04515218 d:FreeholdInvestmentProperty 2023-08-31 04515218 d:CurrentFinancialInstruments 2024-08-31 04515218 d:CurrentFinancialInstruments 2023-08-31 04515218 d:Non-currentFinancialInstruments 2024-08-31 04515218 d:Non-currentFinancialInstruments 2023-08-31 04515218 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 04515218 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04515218 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 04515218 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 04515218 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 04515218 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 04515218 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 04515218 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 04515218 d:UKTax 2023-09-01 2024-08-31 04515218 d:UKTax 2022-09-01 2023-08-31 04515218 d:ShareCapital 2024-08-31 04515218 d:ShareCapital 2023-08-31 04515218 d:RevaluationReserve 2024-08-31 04515218 d:RevaluationReserve 2023-08-31 04515218 d:RetainedEarningsAccumulatedLosses 2024-08-31 04515218 d:RetainedEarningsAccumulatedLosses 2023-08-31 04515218 c:FRS102 2023-09-01 2024-08-31 04515218 c:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 04515218 c:FullAccounts 2023-09-01 2024-08-31 04515218 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04515218 5 2023-09-01 2024-08-31 04515218 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 04515218









BIRKDALE PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
BIRKDALE PROPERTIES LIMITED
 
 
  
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BIRKDALE PROPERTIES LIMITED
FOR THE YEAR ENDED 31ST AUGUST 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Birkdale Properties Limited for the year ended 31st August 2024 which comprise  the Balance sheet 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 Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the director of Birkdale Properties Limited in accordance with the terms of our engagement letter dated 28 May 2025Our work has been undertaken solely to prepare for your approval the financial statements of Birkdale Properties Limited and state those matters that we have agreed to state to the director of Birkdale Properties Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Birkdale Properties Limited and its director for our work or for this report. 

It is your duty to ensure that Birkdale Properties 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 profit of Birkdale Properties Limited. You consider that Birkdale Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Birkdale Properties 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.

  



Fraser Russell Limited
 
77 Francis Road
Edgbaston
Birmingham
B16 8SP
28 May 2025

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 5 
1,697,505
1,697,505

  
1,697,505
1,697,505

Current assets
  

Debtors: amounts falling due within one year
 6 
399,090
407,832
Page 1

 
BIRKDALE PROPERTIES LIMITED
 
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024


Cash at bank and in hand
 7 
373,937
386,538

  
773,027
794,370

Creditors: amounts falling due within one year
 8 
(700,363)
(641,104)

Net current assets
  
 
 
72,664
 
 
153,266

Total assets less current liabilities
  
1,770,169
1,850,771

Creditors: amounts falling due after more than one year
 9 
(648,350)
(748,350)

  

Net assets
  
1,121,819
1,102,421


Capital and reserves
  

Called up share capital 
  
2
2

Revaluation reserve
  
1,102,419
1,071,661

Profit and loss account
  
19,398
30,758

  
1,121,819
1,102,421


Page 2

 
BIRKDALE PROPERTIES LIMITED
REGISTERED NUMBER: 04515218
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 May 2025.




Khalid Hussain
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
BIRKDALE PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

1.


General information

Birkdale Properties Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration of 04515218. The address of the registered office is 77 Francis Road, Edgbaston, Birmingham, B16 8SP.The principal activity of the company in the year under review was that of other software publishing.
The financial statements are presented in sterling which is functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the company will continue to receive support from creditors and the director as and when required. 

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 4

 
BIRKDALE PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

2.Accounting policies (continued)

 
2.6

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
BIRKDALE PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

4.


Taxation


2024
2023
£
£

Corporation tax


Current tax on profits for the year
4,550
7,213


4,550
7,213


Total current tax
4,550
7,213

Deferred tax

Total deferred tax
-
-


Tax on profit
4,550
7,213

Factors affecting tax charge for the year

The tax assessed for the year is the same as (2023 - the same as) the standard rate of corporation tax in the UK of 19% (2023 - 19%) as set out below:

2024
2023
£
£


Profit on ordinary activities before tax
23,948
37,971


Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 19% (2023 - 19%)
4,550
7,213

Effects of:

Total tax charge for the year
4,550
7,213


Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Page 6

 
BIRKDALE PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 September 2023
1,697,505



At 31st August 2024
1,697,505

The 2024 valuations were made by the directors, on an open market value for existing use basis.



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
-
1,697,505

-
1,697,505


6.


Debtors

2024
2023
£
£


Amounts owed by related party
370,107
370,107

Other debtors
27,722
36,464

Prepayments and accrued income
1,261
1,261

399,090
407,832



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
373,937
386,538

373,937
386,538


Page 7

 
BIRKDALE PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
273,411
251,647

Trade creditors
92,834
92,834

Corporation tax
41,306
36,756

Other creditors
169,699
169,699

Accruals and deferred income
123,113
90,168

700,363
641,104



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
648,350
748,350

648,350
748,350


The following liabilities were secured:

2024
2023
£
£



Bank loans
-
999,997

-
999,997

Details of security provided:

The bank loans are secured in favour of the lender via fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings,
fixtures, fixed plant & machinery of the company.

Page 8

 
BIRKDALE PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
273,411
251,647


273,411
251,647

Amounts falling due 1-2 years

Bank loans
309,662
309,662


309,662
309,662

Amounts falling due 2-5 years

Bank loans
338,688
438,688


338,688
438,688


921,761
999,997


Page 9

 
BIRKDALE PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

11.


Related party transactions

The State of the Late Zaheer Hussain and Khalid Hussain are also directors and shareholder of Wickersley Homes Limited.  
During the year the company did not have any transactions with Wickersley Homes Limited.  At the balance sheet date, the company was owed £160,300 (2022: £160,300) from Wickersley Homes Limited which is shown in other debtors due within one year.
The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.
The State of the Late Zaheer Hussain and Khalid Hussain are also directors and shareholder of Clough Developments Limited. 
During the year the Clough Developments Limited provided a loan of £1,100 from the company.  At the balance sheet date, the company was owed £25,345 (2022: £24,245) from Clough Developments Limited which is shown in other debtors due within one year.
The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.
The State of the Late Zaheer Hussain and Khalid Hussain are also directors and shareholder of Sandal Estates No 1Limited.
 
During the year the company did not have any transactions with Sandal Estates No 1 Limited.  At the balance sheet date, the company was owed £174,462 (2022: £174,462) from Sandal Estates Limited which is shown in other debtors due within one year.
The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.
The State of the Late Zaheer Hussain and Khalid Hussain are also directors and shareholder of Fairleigh Constructions Ltd .
 
During the year the company did not have any transactions with Fairleigh Constructions Ltd.  At the balance sheet date, the company owed £76,250 (2022: £76,250) to Fairleigh Constructions Ltd  which is shown in other creditors due within one year.
The above balance is payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet


12.


Controlling party

During the year, the company was under the control of The State of the Late Zaheer Hussain and Khalid Hussain, who are both the directors and shareholder of the company. 

 
Page 10