REGISTERED NUMBER: 05203993 (England and Wales)

Abridged Financial Statements for the Year Ended 31st March 2025

for

Burgoyne Property Investments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Burgoyne

Mrs K J Burgoyne

SECRETARY:

Mrs K J Burgoyne

REGISTERED OFFICE:

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

REGISTERED NUMBER:

05203993 (England and Wales)

ACCOUNTANTS:

The Richards Sandy Partnership

Thorneloe House

25 Barbourne Road

Worcester

Worcestershire

WR1 1RU

FIXED ASSETS

Tangible assets

4

37,784

51,012

Investments

5

25,201

25,201

Investment property

6

7,708,695

7,771,938

7,771,680

7,848,151

CURRENT ASSETS

Debtors

1,062,004

816,024

Cash at bank

68,458

53,821

1,130,462

869,845

CREDITORS

Amounts falling due within one year

1,016,729

671,179

NET CURRENT ASSETS

113,733

198,666

TOTAL ASSETS LESS CURRENT LIABILITIES

7,885,413

8,046,817

CREDITORS

Amounts falling due after more than one year

7

(3,888,703

)

(3,914,806

)

PROVISIONS FOR LIABILITIES

9

(999,100

)

(1,018,100

)

NET ASSETS

2,997,610

3,113,911

CAPITAL AND RESERVES

Called up share capital

1

1

Non-distributable reserve

10

2,997,426

3,054,440

Retained earnings

183

59,470

SHAREHOLDERS' FUNDS

2,997,610

3,113,911

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 23rd December 2025 and were signed on its behalf by:

P Burgoyne - Director

1.	STATUTORY INFORMATION

Burgoyne Property Investments 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.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2024

and 31st March 2025

142,396

DEPRECIATION

At 1st April 2024

91,384

Charge for year

13,228

At 31st March 2025

104,612

NET BOOK VALUE

At 31st March 2025

37,784

At 31st March 2024

51,012

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1st April 2024

and 31st March 2025

25,201

NET BOOK VALUE

At 31st March 2025

25,201

At 31st March 2024

25,201

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

7,771,938

Additions

12,771

Revaluations

(76,014

)

At 31st March 2025

7,708,695

NET BOOK VALUE

At 31st March 2025

7,708,695

At 31st March 2024

7,771,938

Fair value at 31st March 2025 is represented by:

£

Valuation in 2008

3,051,950

Valuation in 2009

126,345

Valuation in 2012

(400,000

)

Valuation in 2014

2,000

Valuation in 2016

175,962

Valuation in 2018

(27,290

)

Valuation in 2019

(44,014

)

Valuation in 2020

25,000

Valuation in 2023

1,162,588

Valuation in 2025

(76,014

)

Cost

3,712,168

7,708,695

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

3,712,168

3,699,397

Investment property was valued on an open market basis on 31st March 2025 by the directors .

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable otherwise than by instalments

Mortgage

609,194

623,478

Mortgage

229,604

229,603

838,798

853,081

Repayable by instalments

Bank loans more 5 yr by instal

2,914,548

2,916,267

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans and mortgages

3,934,221

3,950,224

The loans and mortgage are secured against the freehold properties of the company.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

999,100

1,018,100

Deferred

tax

£

Balance at 1st April 2024

1,018,100

Provided during year

(19,000

)

Balance at 31st March 2025

999,100

10.

RESERVES

Non-distribu

reserve

£

At 1st April 2024

3,054,440

Revaluation in year

(57,014

)

At 31st March 2025

2,997,426

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors is a loan from the directors, Mr P Burgoyne and Mrs K J Burgoyne. It is interest free.