REGISTERED NUMBER: 01406661 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

A.M. Bell (Properties) Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

50,108

63,647

Investment property

5

1,500,000

1,218,378

1,550,108

1,282,025

CURRENT ASSETS

Debtors

6

10,162

386,617

Cash at bank and in hand

70,364

37,131

80,526

423,748

CREDITORS

Amounts falling due within one year

7

80,068

287,113

NET CURRENT ASSETS

458

136,635

TOTAL ASSETS LESS CURRENT LIABILITIES

1,550,566

1,418,660

CREDITORS

Amounts falling due after more than one year

8

(43,320

)

(58,501

)

PROVISIONS FOR LIABILITIES

(205,232

)

(120,690

)

NET ASSETS

1,302,014

1,239,469

CAPITAL AND RESERVES

Called up share capital

100

100

Non distributable reserves

1,134,437

758,956

Retained earnings

167,477

480,413

SHAREHOLDERS' FUNDS

1,302,014

1,239,469

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

Mrs J R Lomas - Director

1.	STATUTORY INFORMATION

A.M. Bell (Properties) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01406661

Registered office:

Hawkshead Quarry

Leek Old Road

Sutton

Macclesfield

Cheshire

SK11 0JB

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

22,756

24,162

57,172

2,941

107,031

Additions

-

163

-

833

996

At 31 March 2025

22,756

24,325

57,172

3,774

108,027

DEPRECIATION

At 1 April 2024

21,823

6,089

14,293

1,179

43,384

Charge for year

138

2,734

10,720

943

14,535

At 31 March 2025

21,961

8,823

25,013

2,122

57,919

NET BOOK VALUE

At 31 March 2025

795

15,502

32,159

1,652

50,108

At 31 March 2024

933

18,073

42,879

1,762

63,647

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

57,172

DEPRECIATION

At 1 April 2024

14,293

Charge for year

10,720

At 31 March 2025

25,013

NET BOOK VALUE

At 31 March 2025

32,159

At 31 March 2024

42,879

5.	INVESTMENT PROPERTY

The properties are included at their open market valuation in 2025 as agreed by the directors.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2012

585,926

Valuation in 1988

173,030

Valuation in 2025

462,499

Cost

278,545

1,500,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,968

21,755

Amounts owed by group undertakings

-

357,000

Other debtors

5,194

7,862

10,162

386,617

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,000

7,000

Hire purchase contracts

8,052

7,516

Trade creditors

475

5,990

Taxation and social security

8,785

49,954

Other creditors

55,756

216,653

80,068

287,113

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,154

9,282

Hire purchase contracts

41,166

49,219

43,320

58,501

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

9,154

16,282

Hire purchase contracts

49,218

56,735

58,372

73,017

The bank loan is secured by means of a fixed and floating charge over the assets of the company.

The hire purchase liability is secured against the asset to which it relates.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr S Bell

Balance outstanding at start of year

274

7,000

Amounts advanced

8,370

-

Amounts repaid

(3,450

)

(6,726

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,194

274

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the board of directors of AM Bell Industrial Properties Limited, by virtue of their majority shareholding.