Registration number:
Blayds Mews Properties Limited
For The Year Ended 31 March 2025
Blayds Mews Properties Limited
Contents
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Blayds Mews Properties Limited
(Registration number: 12258604)
Balance Sheet as at 31 March 2025
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2024 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets/(liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Total equity |
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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:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Blayds Mews Properties Limited
Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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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:
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Asset class |
Depreciation method and rate |
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Furniture, fittings and equipment |
25% Reducing balance |
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Long leasehold land and buildings |
4% Straight line |
Share capital
Ordinary shares are classified as equity.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Blayds Mews Properties Limited
Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025
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Tangible assets |
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Land and buildings |
Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 April 2024 |
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At 31 March 2025 |
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Depreciation |
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At 1 April 2024 |
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Charge for the year |
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At 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
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At 31 March 2024 |
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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.
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Debtors |
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Debtors: amounts falling due within one year |
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2024 |
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Trade debtors |
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Other debtors |
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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
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Creditors |
Creditors: amounts falling due within one year
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2025 |
2024 |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Parent and ultimate parent undertaking |
The company's immediate parent is