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Registration number: 12258604

Blayds Mews Properties Limited

Annual Report and Unaudited Financial Statements

For The Year Ended 31 March 2025

 

Blayds Mews Properties Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

Blayds Mews Properties Limited

(Registration number: 12258604)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

           

Fixed assets

   

 

Tangible assets

4

 

13,488

 

14,810

Current assets

   

 

Debtors

5

11,500

 

39

 

Cash at bank and in hand

 

191

 

238

 

 

11,691

 

277

 

Creditors: Amounts falling due within one year

6

(8,291)

 

(5,021)

 

Net current assets/(liabilities)

   

3,400

 

(4,744)

Total assets less current liabilities

   

16,888

 

10,066

Provisions for liabilities

 

(565)

 

(753)

Net assets

   

16,323

 

9,313

Capital and reserves

   

 

Called up share capital

100

 

100

 

Profit and loss account

16,223

 

9,213

 

Total equity

   

16,323

 

9,313

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 August 2025
 

.........................................
Mr D.J. Rothwell
Director

 

Blayds Mews Properties Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
34 Wellington Street
Leeds
LS1 2DE

These financial statements were authorised for issue by the director on 27 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

Revenue recognition

Turnover comprises the fair value of rental income from leased properties. The income is recognised as it falls due, in accordance with the lease to which it relates.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

 

Blayds Mews Properties Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

25% Reducing balance

Long leasehold land and buildings

4% Straight line

Share capital

Ordinary shares are classified as equity.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

Blayds Mews Properties Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2024

14,216

12,684

26,900

At 31 March 2025

14,216

12,684

26,900

Depreciation

At 1 April 2024

2,417

9,673

12,090

Charge for the year

569

753

1,322

At 31 March 2025

2,986

10,426

13,412

Carrying amount

At 31 March 2025

11,230

2,258

13,488

At 31 March 2024

11,799

3,011

14,810

Included within the net book value of land and buildings above is £11,230 (2024 - £11,799) in respect of long leasehold land and buildings.
 

5

Debtors

Debtors: amounts falling due within one year

2025
£

2024
£

Trade debtors

-

39

Other debtors

11,500

-

 

11,500

39

The company is related to All Property Management Ltd by virtue of the common shareholding of Mr M. Rothwell and Mr T.G. Kernachan.

Other debtors include a loan to All Property Management Ltd in the amount of £11,500 (2024 £nil). The loan is unsecured and repayable on demand by the company.

 

Blayds Mews Properties Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Trade creditors

5,400

3,600

Taxation and social security

2,171

101

Other creditors

720

1,320

8,291

5,021

7

Parent and ultimate parent undertaking

The company's immediate parent is APN Holdings Ltd, incorporated in England and Wales.