Boultbee Brooks (Victoria St.2) Limited Company accounts

COMPANY REGISTRATION NUMBER: 12669037

Boultbee Brooks (Victoria St.2) Limited

Unaudited Financial Statements

31 December 2024

Boultbee Brooks (Victoria St.2) Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Directors' report	1

Statement of comprehensive income	2

Statement of financial position	3

Statement of changes in equity	4

Notes to the financial statements	5

Boultbee Brooks (Victoria St.2) Limited

Directors' Report

Year ended 31 December 2024

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024 .

Principal activities

The principal activity of the company during the period was property development.

Directors

The directors who served the company during the year were as follows:

L. Roberts
C.E. Boultbee Brooks

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 3 September 2025 and signed on behalf of the board by:

L. Roberts

Director

Registered office:

Formal House

60 St Georges Place

Cheltenham

GL50 3PN

Boultbee Brooks (Victoria St.2) Limited

Statement of Comprehensive Income

Year ended 31 December 2024

	2024	2023
Note	£	£

Administrative expenses	42	1,027
Other operating income	15,821	39,079
	--------	--------
Operating profit	15,779	38,052

Other interest receivable and similar income	34	–
	--------	--------
Profit before taxation	15,813	38,052

Tax on profit	–	( 7,679)
	--------	--------
Profit for the financial year and total comprehensive income	15,813	45,731
	--------	--------

All the activities of the company are from continuing operations.

Boultbee Brooks (Victoria St.2) Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Current assets

Stocks		684,600	684,600
Debtors	4	13,613	5,454
Cash at bank and in hand		15,718	65,014
		---------	---------
		713,931	755,068

Creditors: amounts falling due within one year	5	575,893	632,843
		---------	---------
Net current assets		138,038	122,225
		---------	---------
Total assets less current liabilities		138,038	122,225
		---------	---------
Net assets		138,038	122,225
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	137,938	122,125
	---------	---------
Shareholders funds	138,038	122,225
	---------	---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 3 September 2025 , and are signed on behalf of the board by:

L. Roberts

Director

Company registration number: 12669037

Boultbee Brooks (Victoria St.2) Limited

Statement of Changes in Equity

Year ended 31 December 2024

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1 January 2023	100	76,394	76,494

Profit for the year		45,731	45,731
	----	--------	--------
Total comprehensive income for the year	–	45,731	45,731

At 31 December 2023	100	122,125	122,225

Profit for the year		15,813	15,813
	----	---------	---------
Total comprehensive income for the year	–	15,813	15,813

	----	---------	---------
At 31 December 2024	100	137,938	138,038
	----	---------	---------

Boultbee Brooks (Victoria St.2) Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Formal House, 60 St Georges Place, Cheltenham, GL50 3PN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income tax

The taxation expense represents the amount of current tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Debtors

	2024	2023
	£	£
Trade debtors	–	500
Other debtors	13,613	4,954
	--------	-------
	13,613	5,454
	--------	-------

5. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	1,532	–
Amounts owed to group undertakings and undertakings in which the company has a participating interest	568,301	627,302
Social security and other taxes	2,528	–
Other creditors	3,532	5,541
	---------	---------
	575,893	632,843
	---------	---------

6. Controlling party

The intermediate parent company is Boultbee Developments Limited and the ultimate parent company is Boultbee Development Holdings Limited. Their registered office is; Formal House, 60 St Georges Place, Cheltenham, GL50 3PN.