Company Registration No. 12602267 (England and Wales)
Reedswood Property Limited
Unaudited accounts
for the year ended 31 March 2025
Reedswood Property Limited
Unaudited accounts
Contents
Reedswood Property Limited
Company Information
for the year ended 31 March 2025
Company Number
12602267 (England and Wales)
Registered Office
2 WYEMANTON CLOSE
BIRMINGHAM
B43 6DD
ENGLAND
Reedswood Property Limited
Statement of financial position
as at 31 March 2025
Investment property
160,611
153,599
Cash at bank and in hand
487
121
Creditors: amounts falling due within one year
(118,242)
(120,330)
Net current liabilities
(117,633)
(120,079)
Total assets less current liabilities
43,176
33,834
Provisions for liabilities
Deferred tax
(10,797)
(9,480)
Called up share capital
100
100
Profit and loss account
32,279
24,254
Shareholders' funds
32,379
24,354
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
Ms N. Kent
Director
Company Registration No. 12602267
Reedswood Property Limited
Notes to the Accounts
for the year ended 31 March 2025
Reedswood Property Limited is a private company, limited by shares, registered in England and Wales, registration number 12602267. The registered office is 2 WYEMANTON CLOSE, BIRMINGHAM, B43 6DD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Income from investments is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Income from investments includes property rental income which is recognised in equal monthly instalments.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
at varying rates on cost
Investment properties are measured at fair value annually with any change recognised within the profit or loss account. Deferred taxation is provided on these gains or losses at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Reedswood Property Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Fair value at 1 April 2024
153,599
Net gain from fair value adjustments
7,012
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.
The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 March 2025 by the director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.
Amounts falling due within one year
Accrued income and prepayments
122
130
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
712
701
Loans from directors
117,673
116,823
Reedswood Property Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Deferred taxation
2025
2024
Accelerated capital allowances
36
51
Revaluation of investment property
10,761
9,429
Provision at start of year
9,480
9,501
Charged/(credited) to the profit and loss account
1,317
(21)
Provision at end of year
10,797
9,480
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
At 31 March 2025 a balance of £117,673 (2024 - £116,822) was due to the director. The annual interest at the rate of 3% was charged on the balance of the loan and paid to the director on 25.03.2025. The loan is not time-limited.
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Average number of employees
During the year the average number of employees was 0 (2024: 1).