Myrtle Tree Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00990730 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

MYRTLE TREE HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H E Driscoll

A R Driscoll-Price

REGISTERED OFFICE:

Boyce's Building 40 - 42 Regent Street

Clifton

Bristol

BS8 4HU

REGISTERED NUMBER:

00990730 (England and Wales)

ACCOUNTANTS:

Lawes & Co.

Boyce's Building

Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

14,974

1,868,200

CURRENT ASSETS

Debtors

5

29,780

77,849

Investments

6

23

Cash at bank

1,534,242

140,842

1,564,045

218,714

CREDITORS

Amounts falling due within one year

7

197,432

200,823

NET CURRENT ASSETS

1,366,613

17,891

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,381,587

1,886,091

CREDITORS

Amounts falling due after more than
one year

8

-

(51,605

)

PROVISIONS FOR LIABILITIES

10

(3,745

)

(161,249

)

NET ASSETS

1,377,842

1,673,237

CAPITAL AND RESERVES

Called up share capital

11

1,600

2,000

Revaluation reserve

670,270

Capital redemption reserve

(351,350

)

-

Retained earnings

1,057,322

1,000,967

SHAREHOLDERS' FUNDS

1,377,842

1,673,237

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 28 November 2025 and were signed on its behalf by:

H E Driscoll - Director

1.	STATUTORY INFORMATION

Myrtle Tree Holdings 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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property cost

- Not depreciated

Freehold property improvements

- Not depreciated

Long leasehold

- Not depreciated

Plant and machinery

- 10% on cost

Fixtures and fittings

- 20% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 22 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machiner

£

COST OR VALUATION

At 1 May 2024

1,000,000

850,000

67,397

Additions

-

Disposals

(1,000,000

)

(850,000

)

(67,397

)

At 30 April 2025

-

DEPRECIATION

At 1 May 2024

-

49,720

Charge for year

-

Eliminated on disposal

-

(49,720

)

At 30 April 2025

-

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

1,000,000

850,000

17,677

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST OR VALUATION

At 1 May 2024

3,237

-

1,920,634

Additions

525

17,914

18,439

Disposals

(3,237

)

-

(1,920,634

)

At 30 April 2025

525

17,914

18,439

DEPRECIATION

At 1 May 2024

2,714

-

52,434

Charge for year

106

3,359

3,465

Eliminated on disposal

(2,714

)

-

(52,434

)

At 30 April 2025

106

3,359

3,465

NET BOOK VALUE

At 30 April 2025

419

14,555

14,974

At 30 April 2024

523

-

1,868,200

Cost or valuation at 30 April 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2018

977,494

-

977,494

Valuation in 2023

(150,000

)

-

(150,000

)

Valuation in 2025

(1,235,673

)

-

(1,235,673

)

Cost

408,179

18,439

426,618

-

18,439

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Other debtors

29,780

77,849

6.	CURRENT ASSET INVESTMENTS

30.4.25

30.4.24

£

Listed investments

23

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Bank loans and overdrafts

-

10,146

Trade creditors

-

54,478

Taxation and social security

191,050

15,730

Other creditors

6,382

120,469

197,432

200,823

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

30.4.25

30.4.24

£

Bank loans

-

51,605

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

Bank loans

-

61,751

The bank overdraft and bank loans are secured by a fixed charge over the company's freehold and leasehold premises and a fixed and floating charge over all the company's other assets.

10.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

Deferred tax

Accelerated capital allowances

161,249

4,025

Other timing differences

(157,504

)

157,224

3,745

161,249

Deferred

tax

£

Balance at 1 May 2024

161,249

Accelerated capital allowances

Other timing differences

(157,504

)

Balance at 30 April 2025

3,745

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

600

Ordinary A

£1

600

1,000

(30.4.24 - 1,000 )

1,000

Ordinary B

£1

1,000

1,600

2,000

12.	RELATED PARTY DISCLOSURES

The company maintains interest free loan accounts with the directors. At the balance sheet date the company owed the directors £81 (2024: £1,503).

13.	ULTIMATE CONTROLLING PARTY

The controlling party is H E Driscoll.