REGISTERED NUMBER: 09925275 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Feeder Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Saunders

REGISTERED OFFICE:

Silverthorne Lane

St Philips

Bristol

Avon

BS2 0QD

REGISTERED NUMBER:

09925275 (England and Wales)

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Tangible assets

4

33,187

44,250

Investment property

5

1,469,693

1,404,579

1,502,880

1,448,829

CURRENT ASSETS

Debtors

6

3,588

3,910

Cash at bank

13,874

16,434

17,462

20,344

CREDITORS

Amounts falling due within one year

7

(1,214,914

)

(1,241,151

)

NET CURRENT LIABILITIES

(1,197,452

)

(1,220,807

)

TOTAL ASSETS LESS CURRENT LIABILITIES

305,428

228,022

PROVISIONS FOR LIABILITIES

(18,130

)

(18,130

)

NET ASSETS

287,298

209,892

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

54,391

54,391

Retained earnings

232,807

155,401

SHAREHOLDERS' FUNDS

287,298

209,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2025 and were signed by:

A Saunders - Director

1.	STATUTORY INFORMATION

Feeder Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

59,000

DEPRECIATION

At 1 January 2024

14,750

Charge for year

11,063

At 31 December 2024

25,813

NET BOOK VALUE

At 31 December 2024

33,187

At 31 December 2023

44,250

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

1,404,579

Additions

65,114

At 31 December 2024

1,469,693

NET BOOK VALUE

At 31 December 2024

1,469,693

At 31 December 2023

1,404,579

Fair value at 31 December 2024 is represented by:

£

Valuation in 2022

72,521

Cost

1,397,172

1,469,693

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

3,588

3,910

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

(1

)

(1

)

Taxation and social security

9,599

10,895

Other creditors

1,205,316

1,230,257

1,214,914

1,241,151

8.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

54,391