71 Lower Bethesda Street Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12343972

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1		61
Investment Properties	5		240,000		240,000

			240,001		240,061
CURRENT ASSETS
Debtors	6	5,516		6,500
Cash at bank and in hand		276		305

		5,792		6,805
Creditors: Amounts Falling Due Within One Year	7	(18,782 )		(9,523 )

NET CURRENT ASSETS (LIABILITIES)			(12,990 )		(2,718 )

TOTAL ASSETS LESS CURRENT LIABILITIES			227,011		237,343

Creditors: Amounts Falling Due After More Than One Year	8		(166,399 )		(177,450 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(13,106 )		(13,106 )

NET ASSETS			47,506		46,787

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			47,406		46,687

SHAREHOLDERS' FUNDS			47,506		46,787

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71 Lower Bethesda Street Ltd

Balance Sheet (continued)

As At 31 December 2024

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Paul Samuda

Director

28/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

71 Lower Bethesda Street Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12343972 . The registered office is C/O Michael Stuart Associates, Suite F4 The Business centre, Templewood Estate, Stock Road, Essex, CM2 8LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	over 50 years
Leasehold	over the lease term
Plant & Machinery	over 3 years
Fixtures & Fittings	over 5 years

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 January 2024	6,096

As at 31 December 2024	6,096

Depreciation
As at 1 January 2024	6,035
Provided during the period	60

As at 31 December 2024	6,095

Net Book Value
As at 31 December 2024	1

As at 1 January 2024	61

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71 Lower Bethesda Street Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Investment Property

	2024
	£
Fair Value
As at 1 January 2024 and 31 December 2024	240,000

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	1,167	2,151
Other debtors	4,349	4,349

	5,516	6,500

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	1,683	3,470
Other creditors	17,099	6,053

	18,782	9,523

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	166,399	166,399
Other creditors	-	11,051

	166,399	177,450

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2024	2023
	£	£
Bank loans	166,399	166,399
Other Creditors	-	11,501

9. Secured Creditors

Of the creditors the following amounts are secured.

Bank Loans are secured by way of a legal charge over investment property. A Director has also provided a personal guarantee over the loan.

	2024		2023
	£		£
Bank loans and overdrafts	166,399		166,399

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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