| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 5 April 2025 |
| for |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 5 April 2025 |
| for |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 05281089) |
| Contents of the Financial Statements |
| for the year ended 5 April 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED |
| Company Information |
| for the year ended 5 April 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Preston Park House |
| South Road |
| Brighton |
| East Sussex |
| BN1 6SB |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 05281089) |
| Balance Sheet |
| 5 April 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 10 |
| Retained earnings |
| 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. |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 05281089) |
| Balance Sheet - continued |
| 5 April 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 05281089) |
| Notes to the Financial Statements |
| for the year ended 5 April 2025 |
| 1. | STATUTORY INFORMATION |
| Troutleap Property Management Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rental income from investment properties. |
| Investment property |
| Investment properties are included in the balance sheet at their open market value. Any material aggregate surplus or deficit arising from changes in market value is made through Statement of recognised gains and losses. |
| Debtors and creditors recievable/payable within one year |
| Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recongnised in the profit and loss account in other administrative expenses. |
| Going concern |
| The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements. |
| Impairment policy |
| At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 6 April 2024 |
| and 5 April 2025 |
| NET BOOK VALUE |
| At 5 April 2025 |
| At 5 April 2024 |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 05281089) |
| Notes to the Financial Statements - continued |
| for the year ended 5 April 2025 |
| 4. | INVESTMENT PROPERTY - continued |
| Fair value at 5 April 2025 is represented by: |
| £ |
| Valuation in 2012 | 50,914 |
| Valuation in 2015 | 20,000 |
| Valuation in 2019 | 90,000 |
| Valuation in 2021 | 52,000 |
| Cost | 249,086 |
| 462,000 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| More than 5yrs instalments | 57,003 | 54,973 |
| 8. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Other loans |
| Amounts falling due between two and five years: |
| Other loans - 2-5 years |
| Amounts falling due in more than five years: |
| TROUTLEAP PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 05281089) |
| Notes to the Financial Statements - continued |
| for the year ended 5 April 2025 |
| 8. | LOANS - continued |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| More than 5yrs instalments | 57,003 | 54,973 |
| There is one mortgage loan from Capital Home Loans Ltd which is secured by a fixed and floating charge over the company's assets and rental fees receivable. |
| 9. | PROVISIONS FOR LIABILITIES |
| 2025 | 2024 |
| £ | £ |
| Deferred tax |
| Other timing differences | 53,228 | 53,228 |
| Deferred tax |
| £ |
| Balance at 6 April 2024 |
| Balance at 5 April 2025 |
| 10. | RESERVES |
| Fair value |
| reserve |
| £ |
| At 6 April 2024 |
| and 5 April 2025 |