Company registration number 05860920 (England and Wales)
BORDESLEY PARK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
BORDESLEY PARK LIMITED
COMPANY INFORMATION
Directors
Mrs T Latham-Marr
Mr S J Latham-Marr
Secretary
Mr S J Latham-Marr
Company number
05860920
Registered office
Bordesley Park
Off Dagnell End Road
Beoley Vale
North Worcestershire
B98 9BH
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
HSBC Bank plc
34 Poplar Road
Solihull
West Midlands
B91 3AF
BORDESLEY PARK LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
BORDESLEY PARK LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BORDESLEY PARK LIMITED FOR THE YEAR ENDED 31 DECEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bordesley Park Limited for the year ended 31 December 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Bordesley Park Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bordesley Park Limited and state those matters that we have agreed to state to the b oard of d irectors of Bordesley Park Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bordesley Park Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Bordesley Park 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 Bordesley Park Limited. You consider that Bordesley Park Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bordesley Park 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 f inancial statements.

Ormerod Rutter Limited
1 July 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
BORDESLEY PARK LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
240
480
Investment property
4
1,601,245
1,601,245
1,601,485
1,601,725
Current assets
Debtors
5
16,449
15,951
Cash at bank and in hand
140,974
188,078
157,423
204,029
Creditors: amounts falling due within one year
6
(514,877)
(675,027)
Net current liabilities
(357,454)
(470,998)
Total assets less current liabilities
1,244,031
1,130,727
Creditors: amounts falling due after more than one year
7
(362,533)
(357,733)
Provisions for liabilities
9
(60)
(120)
Net assets
881,438
772,874
Capital and reserves
Called up share capital
10
720
720
Profit and loss reserves
880,718
772,154
Total equity
881,438
772,874

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

BORDESLEY PARK LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
31 December 2024
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 1 July 2025 and are signed on its behalf by:
Mr S J Latham-Marr
Director
Company registration number 05860920 (England and Wales)
BORDESLEY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
1
Accounting policies
Company information

Bordesley Park Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bordesley Park, Off Dagnell End Road, Beoley Vale, North Worcestershire, United Kingdom, B98 9BH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rents pro vide d in the normal course of business. The fair value of consideration takes into account any lease premiums or rent free periods, which are recognised on a straight line basis over the lease term.

Revenue from the provision of property rental is recognised by reference to the period of its occupancy and where the amount of rent can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% on cost
Computer equipment
33% on cost
Motor vehicles
25% on cost
1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

BORDESLEY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 January 2024 and 31 December 2024
10,582
1,099
2,650
14,331
Depreciation and impairment
At 1 January 2024
10,102
1,099
2,650
13,851
Depreciation charged in the year
240
-
0
-
0
240
At 31 December 2024
10,342
1,099
2,650
14,091
Carrying amount
At 31 December 2024
240
-
0
-
0
240
At 31 December 2023
480
-
0
-
0
480
BORDESLEY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
4
Investment property
2024
£
Fair value
At 1 January 2024 and 31 December 2024
1,601,245

In the opinion of the directors, there has been no significant change in the fair value of investment property during the year.

5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
11,720
6,792
Other debtors
4,729
9,159
16,449
15,951
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
192
1,202
Taxation and social security
36,290
44,287
Other creditors
478,395
629,538
514,877
675,027
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
327,733
327,733
Other creditors
34,800
30,000
362,533
357,733
8
Secured debts
The following secured debts are included within creditors:
2024
2023
£
£
Bank loans
327,733
327,733
Bank loans are secured by way of a fixed and floating charge over all assets of the company.
BORDESLEY PARK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 7 -
9
Provisions for liabilities
2024
2023
£
£
Deferred tax liabilities
60
120
10
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
112
112
112
112
Ordinary A of £1 each
268
268
268
268
Ordinary B of £1 each
268
268
268
268
Ordinary C of £1 each
36
36
36
36
Ordinary D of £1 each
36
36
36
36
720
720
720
720
11
Ultimate controlling party

The ultimate controlling party is Mr S J Latham-Marr and Mrs T Latham-Marr.

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