Industrial Properties (Barton Hill) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 00632019 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Industrial Properties (Barton Hill)

Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J C A Parker

J P Parker

Mrs J V Symons

REGISTERED OFFICE:

Naish Lodge, Naish Hill

Clapton-In-Gordano

Bristol

BS20 7RZ

REGISTERED NUMBER:

00632019 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

FIXED ASSETS

Intangible assets

4

46

92

Tangible assets

5

19,614

22,845

Investment property

6

4,764,376

4,622,649

4,784,036

4,645,586

CURRENT ASSETS

Debtors

7

191,841

26,465

Investments

8

237,161

129,200

Cash at bank and in hand

74,578

368,176

503,580

523,841

CREDITORS

Amounts falling due within one year

9

111,862

172,538

NET CURRENT ASSETS

391,718

351,303

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,175,754

4,996,889

PROVISIONS FOR LIABILITIES

441,061

404,997

NET ASSETS

4,734,693

4,591,892

CAPITAL AND RESERVES

Called up share capital

400

Share premium

47,600

Capital redemption reserve

230,504

Fair value reserve

3,621,606

3,513,414

Retained earnings

834,583

799,974

SHAREHOLDERS' FUNDS

4,734,693

4,591,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 12 November 2025 and were signed on its behalf by:

J P Parker - Director

J C A Parker - Director

1.	STATUTORY INFORMATION

Industrial Properties (Barton Hill) Limited 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 rents and property income receivable during the year.

Intangible assets

Intangible assets consist of purchased rent charges. Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Amortisation is provided for on a straight line basis over the remaining useful economic life of the assets which is estimated to be 5 years.

Tangible fixed assets

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

Fixtures and fittings

-

at variable rates on reducing balance

Motor vehicles

-

15% on reducing balance

Office equipment

-

25% 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 the Income Statement.

Financial instruments

Current asset investments are initially measured at cost. After initial recognition, investments are measured at fair value, with reference to quoted stock exchange prices on 31 March.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

Cost

At 1 April 2024

and 31 March 2025

490

Amortisation

At 1 April 2024

398

Charge for year

46

At 31 March 2025

444

Net book value

At 31 March 2025

46

At 31 March 2024

92

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

Cost

At 1 April 2024

and 31 March 2025

54,463

30,500

4,517

89,480

Depreciation

At 1 April 2024

45,447

16,967

4,221

66,635

Charge for year

1,127

2,030

74

3,231

At 31 March 2025

46,574

18,997

4,295

69,866

Net book value

At 31 March 2025

7,889

11,503

222

19,614

At 31 March 2024

9,016

13,533

296

22,845

6.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2024

4,622,649

Revaluations

141,727

At 31 March 2025

4,764,376

Net book value

At 31 March 2025

4,764,376

At 31 March 2024

4,622,649

If investment properties had not been revalued they would have been included at the historical cost of £721,305 (2024 - £721,305).

Investment property was valued on an open market basis on 25 March 2025 by J P Parker MRICS.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

42,451

22,263

Other debtors

149,390

4,202

191,841

26,465

8.	CURRENT ASSET INVESTMENTS

31/3/25

31/3/24

£

Listed investments

237,161

129,200

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade creditors

3,554

2,392

Taxation and social security

26,522

18,028

Other creditors

81,786

152,118

111,862

172,538

10.	RELATED PARTY DISCLOSURES

During the year a director resided rent free in an investment property owned by the company.

Barton Hill Properties Limited

A company under common control

Management charges totalling £6,000 (2024 - £34,000) were made from Barton Hill Properties Limited. The balance due to Barton Hill Properties Limited at 31 March 2025 is £Nil (2024 - £34,000).

Cabot Industrial Development Company Limited

A company under common control

Management charges totalling £Nil (2024 - £34,000) were made from Cabot Industrial Development Company Limited. The balance due to Cabot Industrial Development Company Limited at 31 March 2025 is £Nil (2024 - £34,000).