Birchwood Asset Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06959738 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Birchwood Asset Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Clarke Esq

Ms G A Howells-Clarke

T Arpino Esq

REGISTERED OFFICE:

72 Ealing Village

LONDON

W5 2NB

REGISTERED NUMBER:

06959738 (England and Wales)

ACCOUNTANTS:

Coussens, Chartered Accountants

Chimneys

Boughton Hall Avenue

Send

Woking

Surrey

GU23 7DD

FIXED ASSETS

Tangible assets

4

413,315

CURRENT ASSETS

Debtors

5

3,179,968

3,206,534

Cash at bank

1,689

117,446

3,181,657

3,323,980

CREDITORS

Amounts falling due within one year

6

(683,482

)

(675,142

)

NET CURRENT ASSETS

2,498,175

2,648,838

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,911,490

3,062,153

CREDITORS

Amounts falling due after more than one year

7

(2,691,872

)

(2,953,872

)

NET ASSETS

219,618

108,281

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

219,518

108,181

SHAREHOLDERS' FUNDS

219,618

108,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

T Arpino Esq - Director

1.	STATUTORY INFORMATION

Birchwood Asset Management 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.

Turnover

Turnover represents ground rents receivable from freehold property.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Fixtures and fittings

-

at varying rates on cost

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 January 2024

and 31 December 2024

413,315

8,455

724

422,494

DEPRECIATION

At 1 January 2024

and 31 December 2024

-

8,455

724

9,179

NET BOOK VALUE

At 31 December 2024

413,315

-

413,315

At 31 December 2023

413,315

-

413,315

The freehold investment property is included at cost of purchase plus directly attributable expenditure. After enquiry, the directors consider that fair value remains materially equivalent to the cost plus directly attributable expenditure and therefore no further adjustment to fair value is required.

5.

DEBTORS

31.12.24

31.12.23

£

Amounts falling due within one year:

Trade debtors

98,500

91,500

Other debtors

496,314

483,697

594,814

575,197

Amounts falling due after more than one year:

Other debtors - AHC

1,380,444

1,390,422

Other debtors - LCAL

1,204,710

1,240,915

2,585,154

2,631,337

Aggregate amounts

3,179,968

3,206,534

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Tax

35,040

28,284

Other creditors

2,275

Directors' current accounts

2,282

847

Accrued expenses

643,885

643,736

683,482

675,142

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Other loans more 5yrs non-inst

2,691,872

2,953,872

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

2,691,872

2,953,872