2024-04-01 2025-03-31 false Capium Accounts Production 1.1 12579861 2024-04-01 2025-03-31 12579861 bus:AbridgedAccounts 2024-04-01 2025-03-31 12579861 bus:FRS102 2024-04-01 2025-03-31 12579861 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12579861 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12579861 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12579861 2024-04-01 2025-03-31 12579861 2025-03-31 12579861 bus:RegisteredOffice 2024-04-01 2025-03-31 12579861 core:WithinOneYear 2025-03-31 12579861 core:AfterOneYear 2025-03-31 12579861 1 2024-04-01 2025-03-31 12579861 bus:Director1 2024-04-01 2025-03-31 12579861 bus:Director1 2025-03-31 12579861 bus:Director1 2023-04-01 2024-03-31 12579861 bus:Director2 2024-04-01 2025-03-31 12579861 bus:Director2 2025-03-31 12579861 bus:Director2 2023-04-01 2024-03-31 12579861 2023-04-01 12579861 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 12579861 2023-04-01 2024-03-31 12579861 2024-03-31 12579861 core:WithinOneYear 2024-03-31 12579861 core:AfterOneYear 2024-03-31 12579861 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 12579861 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 12579861 bus:OrdinaryShareClass1 2025-03-31 12579861 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 12579861 bus:OrdinaryShareClass1 2024-03-31 12579861 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 12579861 bus:OrdinaryShareClass2 2025-03-31 12579861 bus:OrdinaryShareClass2 2023-04-01 2024-03-31 12579861 bus:OrdinaryShareClass2 2024-03-31 12579861 core:MotorCars 2024-04-01 2025-03-31 12579861 core:MotorCars 2025-03-31 12579861 core:MotorCars 2024-03-31 12579861 core:ComputerEquipment 2024-04-01 2025-03-31 12579861 core:ComputerEquipment 2025-03-31 12579861 core:ComputerEquipment 2024-03-31 12579861 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-03-31 12579861 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 12579861 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 12579861 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 12579861 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 12579861 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 12579861 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 12579861 core:Non-currentFinancialInstruments 2025-03-31 12579861 core:Non-currentFinancialInstruments 2024-03-31 12579861 core:ShareCapital 2025-03-31 12579861 core:ShareCapital 2024-03-31 12579861 core:SharePremium 2025-03-31 12579861 core:SharePremium 2024-03-31 12579861 core:RevaluationReserve 2025-03-31 12579861 core:RevaluationReserve 2024-03-31 12579861 core:RetainedEarningsAccumulatedLosses 2025-03-31 12579861 core:RetainedEarningsAccumulatedLosses 2024-03-31 12579861 dpl:Item1 2024-04-01 12579861 dpl:Item1 2025-03-31 12579861 dpl:Item1 2023-04-01 12579861 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered Number: 12579861
England and Wales
Abridged Accounts
for the year ended 31 March 2025
for
HEYES PROPERTY LTD

Heyes Property Ltd Contents Page For the year ended 31 March 2025
Statement of financial position | 1
Notes to the financial statements | 2

Registered Number: 12579861 Heyes Property Ltd Statement of Financial Position As at 31 March 2025
| Notes | 2025 £ |  | 2024 £
--- | --- | --- | --- | ---
Fixed assets |  |  |
Tangible fixed assets | 3 | 21,269 |  | 28,420
Investment properties | 4 | 1,045,000 |  | 1,235,000
|  | 1,066,269 |  | 1,263,420
Current assets |  |  |
Debtors |  | 183,424 |  | 273,359
Cash at bank and in hand |  | 126,871 |  | 146,423
|  | 310,295 |  | 419,782
Creditors: amount falling due within one year |  | (36,584) |  | (30,924)
Net current assets |  | 273,711 |  | 388,858
Total assets less current liabilities |  | 1,339,980 |  | 1,652,278
Creditors: amount falling due after more than one year |  | (404,158) |  | (628,100)
Provisions for liabilities |  | (40,850) |  | (66,370)
Net assets |  | 894,972 |  | 957,808
Capital and reserves |  |  |
Called up share capital | 5 | 200 |  | 200
Share premium account |  | 759,000 |  | 759,000
Revaluation Reserve |  | 174,150 |  | -
Profit and loss account |  | (38,378) |  | 198,608
Shareholders' funds |  | 894,972 |  | 957,808
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These 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 to the Registrar of Companies. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A). The directors of the company have elected not to include the Income Statement within the financial statements. The financial statements were approved by the board of directors on 08 December 2025 and were signed on its behalf by:
------------------------------- R M Heyes Director
1

Heyes Property Ltd Notes to the Abridged Financial Statements For the year ended 31 March 2025
General Information Heyes Property Ltd is a private company limited by shares and is incorporated in England and Wales. The address of the registered office is C/O Bluewater, Quadrant Court, 49 Calthorpe Road, Birmingham, B15 1TH. The nature of the company's operations and its principal activity was that of property investment.
1. | Accounting policies Significant accounting policies The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 31 March each year, and are stated in pound sterling, the company's functional and presentational currency. The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the years presented, unless otherwise stated. Turnover Turnover comprises rental income receivable during the period. Finance lease and hire purchase charges The finance element of the rental payment is charged to the income statement on a straight line basis. Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred taxation Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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. Current and deferred tax assets and liabilities are not discounted. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles | 25% Reducing Balance
Computer Equipment | 33% Straight Line
Investment properties Investment properties are measured at fair value annually with any change recognised in the profit and loss account. Unrealised gains or losses (net of related deferred tax) are transferred from retained earnings to a separate revaluation reserve. Provisions Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2. | Employees and Directors' Average number of employees during the year was 3 (2024 : 3).
3. | Tangible fixed assets
Cost or valuation | Motor Vehicles |  | Computer Equipment |  | Total
| £ |  | £ |  | £
At 01 April 2024 | 60,838 |  | 319 |  | 61,157
Additions | - |  | - |  | -
Disposals | - |  | - |  | -
At 31 March 2025 | 60,838 |  | 319 |  | 61,157
Depreciation
At 01 April 2024 | 32,479 |  | 258 |  | 32,737
Charge for year | 7,090 |  | 61 |  | 7,151
On disposals | - |  | - |  | -
At 31 March 2025 | 39,569 |  | 319 |  | 39,888
Net book values
Closing balance as at 31 March 2025 | 21,269 |  | - |  | 21,269
Opening balance as at 01 April 2024 | 28,359 |  | 61 |  | 28,420
4. | Investment properties
Cost | Other investments other than loans |  | Total
| £ |  | £
At 01 April 2024 | 1,235,000 |  | 1,235,000
Additions | - |  | -
Disposals | (190,000) |  | (190,000)
At 31 March 2025 | 1,045,000 |  | 1,045,000
5. | Share Capital
Allotted, called up and fully paid | 2025 £ |  | 2024 £
--- | --- | --- | ---
10,000 Ordinary shares of £0.01 each | 100 |  | 100
10,000 A Ordinary shares of £0.01 each | 100 |  | 100
| 200 |  | 200
6. | Advances and Credits Directors Loan Account The following advances to the Director subsisted during the year ended 31/03/2025 and 31/03/2024, the outstanding loan is unsecured, repayable on demand.
Current year (2025)
| Brought Forward £ | Amount £ | Interest £ | Repaid £ | Written Off £ | Waived £ | Carry Forward £
--- | --- | --- | --- | --- | --- | --- | ---
Directors Loan Account | 140,480 |  | (2,662) |  | - |  | - |  | - |  | - |  | 137,818
| 140480 |  | -2662 |  | 0 |  | 0 |  | 0 |  | 0 |  | 137818
Previous year (2024)
| Brought Forward £ | Amount £ | Interest £ | Repaid £ | Written Off £ | Waived £ | Carry Forward £
--- | --- | --- | --- | --- | --- | --- | ---
Directors Loan Account | 140,480 |  | - |  | - |  | - |  | - |  | - |  | 140,480
| 140480 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 140480
2