REGISTERED NUMBER: 07489766 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

Bayti Properties Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

S M Al -Abdeen

A Al-Abdeen

REGISTERED OFFICE:

Suite 23

30 Red Lion Street

Richmond Upon Thames

Surrey

TW9 1RB

REGISTERED NUMBER:

07489766 (England and Wales)

ACCOUNTANTS:

Mcak & Co ,

Financial Accountants

No15, 1st Floor.

Princeton Mews

167-169 London Road

Kingston Upon Thames

Surrey

KT2 6PT

FIXED ASSETS

Tangible assets

4

19,169

20,313

Investment property

5

10,730,000

9,911,675

10,749,169

9,931,988

CURRENT ASSETS

Debtors

6

97,000

97,000

Cash at bank

144,672

219,166

241,672

316,166

CREDITORS

Amounts falling due within one year

7

143,385

119,976

NET CURRENT ASSETS

98,287

196,190

TOTAL ASSETS LESS CURRENT LIABILITIES

10,847,456

10,128,178

CREDITORS

Amounts falling due after more than one year

8

(4,900,263

)

(5,167,396

)

PROVISIONS FOR LIABILITIES

(424,800

)

(404,200

)

NET ASSETS

5,522,393

4,556,582

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

9

5,522,243

4,556,432

5,522,393

4,556,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

S M Al -Abdeen - Director

1.	STATUTORY INFORMATION

Bayti 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 represents rental income from investment properties.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

71,669

Additions

4,918

At 30 June 2025

76,587

DEPRECIATION

At 1 July 2024

51,356

Charge for year

6,062

At 30 June 2025

57,418

NET BOOK VALUE

At 30 June 2025

19,169

At 30 June 2024

20,313

5.	INVESTMENT PROPERTY

Investment properties are properties held to earn rentals and/or capital appreciation.

Investment properties are initially measured at cost,including transaction costs.Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value.Gains and losses arising from changes in the fair value of investments properties are included in profit or loss in the period in which they arise.

Fair value at 30 June 2025 is represented by:

£

Valuation in 2025

10,730,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Other debtors

97,000

97,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

76,757

65,823

Other creditors

66,628

54,153

143,385

119,976

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

1,283,939

1,439,605

Other creditors

3,616,324

3,727,791

4,900,263

5,167,396

30.6.25

30.6.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

3,616,324

3,727,791

Repayable by instalments

Bank loans more 5 yr by instal

646,349

629,384

9.

RESERVES

Retained

earnings

£

At 1 July 2024

4,556,432

Profit for the year

1,025,811

Dividends

(60,000

)

At 30 June 2025

5,522,243

10.	ULTIMATE CONTROLLING PARTY

The controlling party is S M Al -Abdeen.

The ultimate controlling party is S M Al -Abdeen.