Birmingham Glass Properties Limited Filleted accounts for Companies House (small and micro)

STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS

All of the members of Birmingham Glass Properties Limited have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the year ending 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

COMPANY REGISTRATION NUMBER: 11168451

BIRMINGHAM GLASS PROPERTIES LIMITED

FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

BIRMINGHAM GLASS PROPERTIES LIMITED

REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF BIRMINGHAM GLASS PROPERTIES LIMITED

YEAR ENDED 30 APRIL 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Birmingham Glass Properties Limited for the year ended 30 April 2025, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

LANGARD LIFFORD HALL LIMITED Accountants and Registered Auditors

Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN

4 December 2025

BIRMINGHAM GLASS PROPERTIES LIMITED

ABRIDGED STATEMENT OF FINANCIAL POSITION

30 April 2025

	2025		2024
Note	£	£	£	£

Fixed Assets

Tangible assets	4		1,367,680		390,856

Current Assets

Debtors	15,022	21
Cash at bank and in hand	81,240	21,762
	------------	------------
	96,262	21,783

Creditors: amounts falling due within one year	842,799		396,570
	------------		------------
Net Current Liabilities		746,537		374,787
		--------------		------------
Total Assets Less Current Liabilities		621,143		16,069
		------------		------------
Net Assets		621,143		16,069
		------------		------------

Capital and Reserves

Called up share capital	550,001	1
Profit and loss account	71,142	16,068
	------------	------------
Shareholders Funds	621,143	16,069
	------------	------------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

For the year ending 30 April 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 abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

BIRMINGHAM GLASS PROPERTIES LIMITED

ABRIDGED STATEMENT OF FINANCIAL POSITION (continued)

30 April 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 4 December 2025 , and are signed on behalf of the board by:

M M Skerrett	M J Skerrett
Director	Director

Company registration number: 11168451

BIRMINGHAM GLASS PROPERTIES LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Lightning Way, Birmingham, England, B31 3PH.

2. Statement of Compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Rental income is disclosed as turnover and is recognised on a receivable basis calculated on the period the property is let and the rental value attributable to the tenants occupation of the same.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the 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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Tangible Assets

	£
Cost
At 1 May 2024	390,856
Additions	976,824
	--------------
At 30 April 2025	1,367,680
	--------------
Depreciation
At 1 May 2024 and 30 April 2025	–
	--------------
Carrying amount
At 30 April 2025	1,367,680
	--------------
At 30 April 2024	390,856
	--------------

5. Contingencies

A fixed and floating charge is in place over the company’s assets in favour of the director, M J Skerrett , as security for amounts owed to him. The charge was created on 5 November 2024 and covers various properties owned by the company.

6. Directors' Advances, Credits and Guarantees

Amounts owed the director at the balance sheet date are included in creditors and totalled £410,000 (2024: £-).

7. Related Party Transactions

Birmingham Glass Holdings Limited, Birmingham Glass Services Limited and Birmingham Glass Properties Limited have common directors. Included within debtors are amounts owed by Birmingham Glass Services Limited of £15,000 (2024: £-) and included within creditors are amounts owed to Birmingham Glass Holdings Limited of £399,214 (2024: £391,000).